Hey folks! We set our 2 limit orders! Let's ride it South!
Could retrace back to 38.20%, support needs to break for more conformation!
Bearish Harmonic Deep Crap Pattern on the H1 chart. I expect price to continue moving downard in respect of this pattern. A break and close below this dynamic support will enable the bears to push price down to the 1.38750 double bottom bull terrain.
omg this is every traders dream right here, LOOK at all of those perfect setups
Hello Traders, UC seems to be trading in a upward channel along a disjointed channel respectively, it has been correlating with DXY very well Trade Safely
as seen with this breakdown now looking at the overall price action on UC, i would be looking to take this long once we get the 3rd touch on that trend line we can see the double bottom area course this can go from there but i think it will push below that zone and then move from the outer structure.
Looks like a classic UC Classic Cup & Handle to me with EURCAD and GBPCAD at lower levels and CADCHF and CADJPY residing at higher levels, this C&H pattern could very well confirm its continuation of the already set uptrend. However, in the exceptional case that USD devalues at the same time and at the same pace or faster, UC would drop from where that happens,...