Decent62

Decent62

With classical head and shoulders pattern AUSNZD appears to be heading south.

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Head and Shoulders Pattern with breach of neckline. Appears to be heading South.

Decent62

EURAUD showing classical bullish structure of HH and HL after forming a double bottom.

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Double Bottom with proven support and RSI divergence. Waiting for a trendline breakout to 0.618 Fib level.

Decent62

Most of major pairs, Eurusd, Gbpusd, Aususd, Nzdusd are showing weekly pin bars and most of Yen pairs are showing hangman on weekly charts. Trend changes are anticipated. Keep an eye on risk management.

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All parameters defined. Thanks to Pearl Security videos and previous Sarmaya batch charts for guidance to such an analysis.

Decent62

With Base and Supply in place and retracement to 38.2 level, the projections point a journey toward the upper descending trendline.

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Bat Pattern with weekly support zone and Fib extending to 161 appears to be likely scenario for BTC

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Bearish divergence in Supply area. Entry, SL and TP defined.

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Price at the confluence of 50 EMA and Fib retracement level of 0.618. Divergence on 5 minute RSI plus Doji forming on the hourly candle. Overall daily dirvergence also points to a lower direction.

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Technicals point to a lower Dollar over coming weeks.

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Current divergence daily and weekly divergence points to a stronger yen or a weak dollar in coming months. Any pullback will be a good opportunity to short .

Decent62

After breaking the ascending channel in the distribtuin area and testing the supply above, plus RSI divergence (with three touches) USDJPY is bound for descending journey initially to 133 and after retracement then to 131 area which on the 4-hour chart is a confluence of 200EMA and 50 Fib level.

Decent62

With FFR announcement out of the way and anticipated rate hike in Euro plus the recent negative data on US economy as fundamentals, the technicals are pointing in an upside move to supply area / trendline from top.