Possible Short trade on AUD/USD -RSI Divergence -ADX Crossover
USD/JPY has broken the channel support and neckline of Head and Shoulders pattern. We should expect further bearish movement
We see that the NZD/USD has completed a Bearish Crab Pattern on the hourly chart. ' RSI Divergence points towards potential reversal Triple Top confirms upper resistance Possible Short trade at .684 resistance level
Just a quick idea, no confirmation yet whatsoever.
Dollar pair is following historic movement as you can highlighted in the boxed regions. HISTORIC MOVEMENT SIMILARITIES We have a small impulse (in black), followed by an ABCDE Pattern where the "A" and "C" form a Double Top And the "B" point is a sharp break below the support of the "A and "C" impulse And the "D" point is a higher low than all...
EURO/USD Has formed a Head and Shoulders Pattern on the Daily Timeframe Bearish Signals: -RSI Divergence -ADX Crossover -Following downward channel seen on weekly chart -Broke 1.128 Structure Support
Bull Flag formation in down trend. Look for further retracement before bullish move. Break out of resistance of bull flag is bullish sign
USD/JPY is Consolidating to a Symmetrical Triangle Pattern on the 15M Chart. Looking for Confirmation Break of Triangle to Confirm Price Movement
GPB/CAD is following a similar pattern to its October movement. If the pattern continues, expect bearish movement
USD/CAD is at two critical resistances: -Upper level of bullish trend channel -Horizontal resistance at previous structure resistance. It must must break both of these resistance levels to remain bullish.
Possible Short Term Movement (Watch For Updates)
Short until hits resistance of upper trend channel
Bear Flag is forming nicely on 15min chart.
USD/JPY Short Basis: -Failed to break 113.4 Resistance 4 times -Bear Flag Formation -RSI approaching overbought territory -Elliot Impulse Wave 1-5 Completed -Buy volume decreasing USD/JPY Long Basis: -Go long if and only if upper resistance 113.4 is broken *Trade at your own risk*
USDJPY Approaching strong support, already touched once, looking for bounce (long) or break (short)
Symmetrical triangle formation, watch for break up or down.
GVT daily movement prediction. We have completed a short term 5 Wave Elliot Sequence and 5 Wave Elliot Correction. This allows room for upward growth. Note: Elliot Correction Wave E may not be complete. We can see a possible retest of 16000 Sats before the correction waves complete. GVT has been bullish recently, so when the correction finishes, we should see...
-Tesla stock movement has consolidated into a symmetrical triangle pattern. -RSI is not yet in overbought territory. This allows room for upward growth. -ADX and DI indicators are showing a slight crossover, meaning that Bulls are gaining traction over Bears which is a Bullish signal. -TSLA is moving in an Upward Trend Channel Long Strategy- if Upper...