Eurjpy, invalidate previous analysis, bias on bearishAfter it break the triangle trendline, it showed it respect the bearish momentum and thus bearish trade based on the break of the bearish flag pattern.
Propatternfx
GbpCad developing bearish flag, waiting for price actionWaiting for a break of the low to validate the bearish flag pattern and activate the trade.
USDzar, waiting for a bearish impulseCurrently developing bearish flag pattern. Waiting for a break of the low to validate the move.
GbpJpy expecting bearish move upon break structureWith developed 3 drive pattern and a rising wedge, GJ is a waiting game on a break of the low to confirm on the pattern bearish development. It is near resistance level and still have some room to move up. Sell stop in place to trigger the trade if build up.
UsdJpy, shor term sell in the zoneGood risk and reward , still waiting at the edge zone for better entry.
Gold , looking for another buyStill maintaining bullish structure, looking for an entry at the 3rd touch trendline. If break to the downside, will see if it break the lower low for any sell opportunity.
EurCad, waiting for price action. Bias on being bearishDeveloping bearish flag pattern , currently holding HNS pattern. waiting for the 3rd touch of the trendline. Mix signal as it is also developing bullish falling wedge pattern. Waiting at the 3rd touch trendline area for price action.
EurGbp, coiling for the next movement. Bias to bullishEurgbp showed strong pinbar bullish rejection at the key level / fib 61.8 . First entry upon break of the descending trendline and another position upon break and retest of the double bottom neckline.
Gbpnzd HNS breakout for bearish moveAfter a strong bearish weekly candle, it is now forming HNS pattern. Currently in trade after it break the HNS neckline with target to 2.0000 price level.
NzdUsd looking for buystill holding bullish structure, looking for another bullish leg to the confluence area.
EurCad waiting at the decision zoneStill uncertain and waiting at the edge, will wait at the decision zone to make the entry.
Usdcad bearish moveCurrently in profit based on previous analysis, it had break the continuation triangle pattern. Expected to make another bearish leg towards the expected level.
Eurusd waiting for another short term bullish movementAfter it break the descending trendline, it is now developing a broadening pattern. Overall it still in bearish momentum. Waiting for the 3rd touch of the mid term trendline, it is now forming a bullish short term broadening pattern. Anticipating wave E at the trendline and move towards the mid term trendline.
Eurjpy, looking for short term bullish movementCurrently developing rising wedge pattern but it is is a strong double bottom pattern in daily level. It was unable to break the low, waiting for the price action to break the rising wedge to confirm any bearish movement. Anticipating another short bullish movement to complete the Wave E movement confluence at fibo 61.8 for a strong bearish movement.
AudJpy looking for bullish momentumAfter an early break of the bullish flag pattern, it is now retracing to retrace the trendline. Looking for a bullish rejection at the retest for a buy entry.
AudJpy, bullish outlookAfter it rejected fib 61.8, it is now developing a continuation bullish flag pattern. Looking to enter buy on retracement of the price.
Cadjpy , waiting for price action. Bias bullish for nowCurrently waiting at the trendline channel. Bias for bullish for short term move. Update from previous analysis, but it seems it move in a strong momentum and currently in a retrace.
Gold going long, waiting for a break for another longAfter a break and retest of the trendline,gold is moving in a good bullish momentum. Waiting for a break of the strong resistance level. A break of that level will give gold the clearance to go higher.
Eurcad, waiting for bullish rejectionCurrently developing falling wedge pattern. It is expected a rejection at the mark area (Fib 61.8) . Upon rejection, will enter a buy position towards the mark resistance level. With previous bullish momentum, it is expected to break the resistance level towards fib extension.
EurUsd bearish biasDeveloping a continuation flag pattern , after strong bearish momentum. Expected a strong push to 1.07520 , currently looking for a better sell entry. Optimally looking at 1.08460 for excellent entry position. If it break early, will be looking at 1.08200 for entry at the retest.
GbpAud looking for sell opportunityCurrently developing rising wedge pattern after a strong bearish rejection at the major trendline. Trade idea is to create sell stop at 2.0330 , with a break of this level it will confirm the bearish structure and a break from the rising wedge trendline.
EurAud short based on a break of the trendlinePreviously showed strong rejection of a long term trendline and created a broadening pattern. It break the inner trendline for 1st sell entry and now it break the outer trendline of the broadening pattern to confirm its move towards the price objective at 1.68900. Currently waiting for a retest of the outer trendline for a better entry at 1.8100 .
UsdCad neutral, waiting for the price action. Currently neutral, waiting for the market move. But either move already have a trading setup waiting. Using Buy and sell stop as the trigger with expected target of the move.
