CADJPY possible Scenario LongI think if market breakout the nearest resistant it will go up at least short time !! Then price action will say What to do !
Thanks
Nebulafx
USDCAD Buy Opp.USDCAD buy opp:
1. bullish momentem on dxy.
2. of weekly Channel hit.
3. DB @ 78.6
4. Possible bat pattern formation C to D .
5. TL hit.
waiting for :
4hr to close.
AUDUSD setup bearish cypher patternAUD USD bearish setup w/ multiple price clusters. at TP, cypher pattern reject to the downside in confluence with the trendline.
GBPUSD broker brexit low. can Fibonacci tell us a new story?Since GBPUSD has broken Brexit Low i am looking for extensions to tell us where GBPUSD may head next. I'm looking for it to reject in the 1.26500, also in confluence with the half quarter, if it breaks that I'm looking for it to continue to 1.21 check screen shot below.
please also be aware that price is currently at the 2.24 extension which is a minor extension of 38.2 so we may see a correction or reversal here.
NZDUSD Short opp descending triangle.88.6 Fib retrance of initial high, daily/4h resistence . descending triangle.
AUDUSD 88.6* reverse this is a correction to the projection that i posted on sept. 22nd . with new TP'S
AUDUSD Raw TechnicalsAUDUSD: Similar call to Gold.. the most i see before a good short is a retest of the next opening daily candle stick , or a continuation to 88.6% a lot of pips here, may take a week or more. join our telegram for more calls ! telegram.me
Shorting Gold.DXY looking downward momentum, the most push up im seeing is to 1347 then down from there if price continues up. should see a retest with the next daily candle stick opening if waiting on a tigher entry..
GBPUSD Technical confluence everywheregbpusd cypher pattern, 5 impulse wave, & ABCD pattern, to much confulence for the upside ! stops bellow 88.6! let it ride :)
GBPJPY Outlooki would like to see rejection off of 88.6, if passes expecting a double bottom or reversal to PRZ Box below.
GBPJPY pushing up off of daily PRZ Bounce.Possible morning star forming on GBPJPY, in confluence with RSI Divergence on the 1hr and morning star on the 4hr.
Where GBP Rates May get pushed.....As a raw technical trader, i pride myself in trading by anticipating markets through technical analysis. here we see raw price action coming into play as we have AB=CD pattern on the 4 hour chart. this is also in confluence with monthly support. i aim to take this trade for about 4-100 pips back up if everything goes according to plan. Beware this is counter trend trading and risk management should be used appropriately.....happy trading!
If Prices Continue up for BOJ Rates...i've down my bearish analysis on USDJPY if price reverses down. but incase price breaks 104.30 we should see price head all the way up to 106, terminating @ 78.6 of the bearish Gartley.
