GBPAUD: Potential bullish bat patternHey traders,
On the hourly timeframe on the GBPAUD we have a potential bullish bat pattern. Completion of this pattern is at point D.
Cheers
Thenumberguy
GBPJPY: Drippin' downHey traders,
The GBPJPY market movement looks like it will enjoy dropping soon. Enjoy.
Cheers
AUDCAD: Up, then downHey traders,
Here we are on the AUDCAD daily timeframe. Price is around the 61.8% Fibonacci retracement. I think price will move up a bit first, but by the end of the week it will probably have broken to the downside.
NZDUSD: Keeping it simpleHey traders,
On the NZDUSD daily timeframe we can see that price is trying to break through the bearish trendline. I'm currently waiting for this candle to close above the trendline, which will be in about 7 hours from now, and then we can enter long.
Cheers
USDJPY: Almost ready to go longHey traders,
On the USDJPY we can see that price broke the recent trendline, indicating a change in direction - to the upside.
Cheers
BTCUSD: My view for this weekHey traders,
On the BTCUSD we can see that price has broken the red trendline - after nearly hitting the $ 5.000 value - indicating a downtrend may begin for now.
For more of my thoughts on the Bitcoin, check out my weekly outlook in the video in the description!
USDAD: Potential bearish bat patternHey traders,
On the USDCAD we can see that price has been dropping a lot since the last day of August. After that it's trying to retrace, but not a whole lot of bullish movement after that drop. So I'm looking to enter short at the completion of this potential bearish bat pattern.
Cheers
EURUSD: Potential bullish bat patternHey traders,
On the EURUSD daily timeframe we have a potential bullish bat pattern taking shape. Completion is at point D.
For more of my thoughts on this EURUSD check out the video in the description below.
CADJPY: Potential short soonHey traders,
On this CADJPY 4 hour timeframe we can see that the move from point 1 to point 2 took 69 bars to form a drop of 425 pips.
Now it is almost retracing for 69 bars and hasn't even retraced 225 pips. Normally I would enter at the 61.8% Fibonacci retracement, but I don't think that we will get that far. So I want to enter a bit below that, at the completion of an AB=CD pattern on the lower timeframe.
Cheers
AUDUSD: Potential bullish bat patternHey traders,
On the AUDUSD 30 minute timeframe we have a potential bullish bat pattern taking shape. Completion of this pattern is at point D.
Cheers
AUDCHF: Potential bearish bat patternHey traders,
On the AUDCHF hourly timeframe we have a potential bearish bat pattern taking shape. Completion of this pattern is at point D.
Cheers
AUDCAD: Bullish bat patternHey traders,
On the AUDCAD 4 hour timeframe we have a potential bullish bat pattern taking shape.
Cheers
NZDUSD: Fibonacci clusterHey traders,
On the NZDUSD we have some Fibonacci extensions and retracement around the same area, looks like a good area to short.
Cheers
NZDUSD: Bearish trendlineHey traders,
On the NZDUSD 4 hour timeframe we can see a reversal candle after touching the trendline.
Entering as soon as the market closes.
Cheers
NZDCAD: Potential bearish bat patternHey traders,
On the NZDCAD hourly timeframe we have a potential bearish bat pattern taking shape.
BTCUSD: Buy the breakoutHey traders,
The BTCUSD has previously stalled around the 3.000 USD mark, but given the momentum it had for the past few days, it is likely that we can see some more bullish action coming. Probably an extra 1.000 USD on top of current price.
Cheers
EURJPY: Possible AB=CD patternHey traders,
On the EURJPY we can see that price has broken the recent trendline and made a retest. Now I'm expecting an AB=CD pattern to complete around the 50% retracement of the larger move.
Cheers
AUDNZD: Potential bullish bat patternHey traders,
On the AUDNZD hourly timeframe we have a potential bullish bat pattern taking shpae.
Cheers
AUDCAD: 35 days bearish; 35 days bullishHey traders,
On the AUDCAD 4 hour timeframe here we can see that price took 35 days to retrace about 475 pips, while after 30 days it is still hovering around the 61.8% retracement. I think it will stay around that area and drop on day 35.
Let's see what happens :)
Cheers
USOIL: Potential bearish bat patternHey traders,
On the USOIL daily timeframe we have a potential bearish bat pattern taking shape.
