Price is rejecting from the bottom of the channel and 0.618 fibo so a long here looks like a good idea.
Taking a long trade on this level looks like a good idea, we have 0.618 retrace and support,also we are very close to the bottom of the channel.
Hi ! Here we might see a nice Bearish cypher Pattern Completing. Good Trading!
GBPCAD reached a strong support area and an inside tl that should push it higher for the next days.
As you can see on my chart i am looking for buy opportunities on EURCAD, ill wait for a breakout on the upside out of the bullish flag before ill enter a long position with 1.50 as a clear final target.
Potential Gartley Pattern Formation on GBPUSD Place Sell Limit Orders @ 1.47500 Take-Profit Targets at .382 and .618 retracements of A:D Leg. Stop Loss @ 1.48251 (1.131 Extension of A:X Leg)
GBPAUD should go down after a nice rejection pinbar of a weekly tl.
USDMXN its giving a lot of signals that cant go higher and a break of the channel and triangle on the downside looks perfect for a short trade.
USDCHF has developed an ascending broadening wedge pattern on H4 so we look for a short after it breaks below, with 0.98000 being our first potential first profit target. Any comment is deeply appreciated and good luck with your trades!
Type of waves is Impulsive, Truncated of 5th wave (5th Fail). Why? cos price is broken teritorial of subwave 1 (Blue color) Now is running to finish subwave C of wave 2
Watch closely this triangle guys it could breakout hard for some nice pips.My target profits are on the chart, trade safe and have a good day!
Buying EURUSD after it breaks the H4 tl looks like a great idea!
AUDJPY Sell Setup Symmetrical triangle 240pip (4 decimal) or 2400pip (5 decimal) FX:AUDJPY
Watch for an upside breakout on the EURAUD pair on H4, potential target profits are 1.57000 and 1.58000.
Sell USDTRY after confirmed rising wedge breakout.