therisingosprey

therisingosprey

The head and shoulders pattern is very easily visible so it is quite likely that there is an upcoming downtrend in the next days/weeks.

therisingosprey

A confirmation of the support level might be followed by a mid-term uptrend.

therisingosprey

Looking for a downtrend to break the smaller corrective structure.

therisingosprey

Look for a breakout or another move to the downside. But be careful with buying after a breakout since the price is moving down on a daily chart.

therisingosprey Updated 

If there is a flag breakout the sell setup is finished. On a daily basis there is a downtrend as well.

therisingosprey

If there is no clear breakout on the bottom, price might be going up again and eventually break out of the structure to form a buy setup.

therisingosprey Updated 

Waiting for a flag to confirm a sell setup.

therisingosprey

Look for a breakout of this corrective structure. I expect the price to go down to the daily trend line so there might be a nice mid-term sell setup.

therisingosprey

If price goes down to the resistance level, look for a breakout for a sell setup or another move up for a buy setup.

therisingosprey

It looks like there is a wave structure on the AUDCHF which might end in a long uptrend if it comes as expected. At this point it is way too early to place short or long orders so do not start buying or selling yet.

therisingosprey Updated 

There is a good chance for a break of the top side trendline. If so, after a short correction the buy setup is completed. If there is no breakout, the pattern is not valid.

therisingosprey Updated 

Based on previous structure there is a good chance for a short-term sell setup. The EURGBP has formed a flag which is likely to break soon. If so, there is an opportunity for a short trade. On a daily basis the EURGBP is in a downtrend as well.

therisingosprey

You can see a finished sell setup on the CADCHF. After a breakout and a corrective move the price starts falling again. There is a high chance for a downtrend now

therisingosprey

If the flag breaks the top side there is a nice short-term buy setup. If it breaks the bot side first the setup is negated.

therisingosprey

There are two breakouts on the EURAUD as you can see in the chart. That might indicate a long-term downtrend. I would suggest to wait a few more days with placing sell orders to get some confirmation.

therisingosprey Updated 

Expecting the AUDUSD to go up with targets at 0.77100 and 0.77300 and stops at 0.76350. Looking for a breakout at the resistance level or a down trend to the support level.

therisingosprey

As you can see, a second resistance level has been reached (upper blue area). That could mean an upcoming downtrend. Moreover, that second resistance level could be the head in a head & shoulders scenario while the left one is the left shoulder. That would support a downtrend to reach the right shoulder. The right shoulder could as well be found in a short...

therisingosprey

Looking for a breakout at a daily resistance level. If there is no breakout there might be a short opportunity.