Impulses
Expanding Triangle Forming on USDMXNHere on the daily chart for USDMXN there is a possible expanding triangle forming. The first impulse and correction has formed on the 1 hour. More charts will be posted as updates.
Buy the Beakout of the Ending DiagonalHere is the future pattern forming for AUDNZD. It is possible that price may not reach the top of the ascending channel for some time, so watch as price action nears the 1.12100 level.
For the present time, on the lower timeframe, there is an ending diagonal forming indicating price will reverse soon. Buy the breakout or enter at your own risk.
EURCAD Is BearishEURCAD has given us confirmation that price is now headed to the downside. Wait for the breakout before entering short. First target is near the 1.51700 area.
History Repeating Itself on GBPUSDHere we see the same pattern revealing itself as we have seen two times before in the past. 1.47000 is a long way away but it is possible price will keep correctively rising until that area. If we do see price come to that area expect to see a huge move down just like we have seen two times in the past.
Daily Structure on GBPJPYCurrently price on GBPJPY is not at a considerable place for a buy. Wait for the 147.000 area before considering buying this pair.
Two Possibilities for AUDCAD on the Weekly ChartWatch for one these two possibilities to unfold as we transition into the 2018 trading year.
EURGBP Wait For Top to SellWait to see if price will reach the top of our descending channel again to enter short on this pair.
AUDCHF & NZDCHF Both Setting Up for ShortIn the 2018 trading year I will be looking for both of these pairs to fall short.
Big Move Coming for GBPAUDI am watching for a short trade coming on GBPAUD. From the top it seems we have received a nice reaction to the top trendline of the pattern. Watch it closely.
Short on GoldHere price is forming a continuation pattern. If we see a strong break to the downside look for sell positions.
Long Idea on EURCADHere is the bigger picture for EURCAD. Wait for another leg down in the descending channel and look for opportunities to go long.
NZDCAD Weekly: Bullish BiasPrice has found itself at the bottom of the bigger pattern and I am expecting a breakup out of the falling wedge. Look to go long soon. Good luck
Long EURJPYEURJPY is ready for buys. Look to get in after a continuation pattern if you aren't already in.
Long on EURUSDPrice has broken out of the descending channel so look to buy at the bottom of the continuation pattern to continue long with price.
Short on GBPNZDPrice is near the top of the ascending channel. Watch for short positions to join the big move down.
USDCAD Daily OutlookHere on USDCAD price is currently rising. I am expecting a break up to continue the trend. Once price has reached the top of our bigger pattern I will look to take shorts.
GBPCAD Pattern TradeHere we are close to the bottom of the pattern, if price does not break the bottom look to take long positions.
