Major trend is down but in short time is in Side ways and also try to creating inverse head and shoulder but if the head shoulder is done and trend is break on up side then we will think to trade on buy...vise versa we are in sell...
NZDCHF is a beautiful down channel and head and shoulder pattern too.
45 and 42 is major support and buying zone for long term and we have to wait for the market to come in this level to take bull shoot entry
Market Now side ways but its major trend is up and we only follow the trend and now market respect the support level if its break we will see another market direction...
There is now head and shoulder pattern is its valid then nzdusd wil start again its down trend
CHFJPY are waving on a channel move and we move as per market once its break we will enter another direction....
USOIL Long term in sell position but as per technical behavior market always respect technical moves and make HH(higher High) and LL(Lower Low) to continue the trend wave. Now Market break the support level and chance to pull back to complete his wave as Lower high which make it to continue down trend.