BITCOINCHANCE

BITCOINCHANCE

SHORT TERM LONG, LONG TERM SHORT

BITCOINCHANCE

We have a clear break of resistance, indicated in the lime green ray line. AUDCHF is currently retesting that same lime green line as I expect AUDCHF to continue its uptrend from the previous harmonic pattern, indicated in purple, to one of the orange resistance levels. Each orange level is a TP. Analysis done on H1 chart.

BITCOINCHANCE

looking for price to push up to beginning of trend and finish bearish pennant for major push to downside.

BITCOINCHANCE

EURCAD had a weekly close above resistance level and is forming a symmetrical triangle, using the previous resistance level as support. With the symmetrical triangle, I expect a continuation of the uptrend as we have had a double bottom formation at previous support, indicated in circles, and a bullish flag after the bullish impulse.

BITCOINCHANCE

The market moves in 2 waves, impulse and correction. GBPUSD is currently in the short term correction of a bullish flag, a conitinuation pattern of the pair to the upside. However, we can take advantage of the short term sell within the flag of the set up. Overall, the structure of the pair is pointing up.