ClearEdgeFX

ClearEdgeFX

The upward trendline and triangle break on 15M will likely see a retracement to the downward trendline that extends from the triangle. It's worth keeping an eye on what will happen when price retraces to this zone. A break could mean a good move right up to 1.1070 or thereabouts. A bounce on the other hand could see a good move down testing the recent lows.

ClearEdgeFX

Not confirmed yet, but it does look like USDCHF will retest its previous highs in the next couple of weeks. The triangle is ready to break out plus we saw a clear rejection of the recent support zone.

ClearEdgeFX

Excellent trendline that formed at the beginning of this year could be violated in the near future.

ClearEdgeFX

The chart speaks for itself.

ClearEdgeFX

Worth keeping an eye on given the possibility of a massive breakout out of the box and beyond the trendline.

ClearEdgeFX

We could see a massive breakout post the Scottish referendum.

ClearEdgeFX

No clarity will emerge on this pair until the Scottish referendum. We could see an explosive breakout in either direction once the results are in.

ClearEdgeFX

Worth keeping an eye on this one. Looks like we'll be seeing a breakout to the downside but let's wait for a confirmation first.

ClearEdgeFX

We're in the last phase before a possible breakout from the triangle that has formed. Recent sell off suggests downward pressure but it's wise to wait to see what the market will do before taking a trade.

ClearEdgeFX

Looks like we're about to approach the breaking point on this triangle pattern.

ClearEdgeFX

Price just broke through the trendline above the cloud. A strong impulsive move such as this one is likely to be followed by another one. Entry at just above the 0.8000 level with a stop loss just below 0.7915 and the first target at around 0.8080