2h
USDJPY Double top shortDouble top formed on price,
price broke neckline and retested
entering short looks good
EURGBP short ideaprice is in a rising channel,
a lot of engulfing formations have formed which indicate downward movement, price keeps going up
the long wick at the top candle may be a reversal sign along with the following engulfing candle
if price breaks channel to the downside i expect to see further downward movement
EURNZD ideaprice has recently broke weekly level turning it into support,
if price is retesting the level and will bounce, i expect to see further bullish movement
if it breaks the level, we may see bearish movement further down
GBPCAD LONG IDEATriangle formed on this pair with a bullish impulse
if price breaks to the upside as expected, a small retest from the 78.6% level, to the trendline is possible before going up
price has consolidated before at monthly support zone
appropriate stops below 50.0%, support gives more protection
price has bounced off of 38.2%, 50.0% and 61.8% which indicates that we are in a pullback phase
expecting price to consolidate at 78.6% before going up tp TP's
EURCAD long idea1 flag/phaseline has formed already
possible 2nd flag/phaseline is forming for confirmation
price is currently indecisive
further bullish moves expected if 2nd pattern forms
