BITSTAMP:BTCUSD ABCD pattern is just about to be completed at 10000 price level. There is a great chance that this will trigger a cascade sell off to 8K region.
OANDA:USDCAD CAD has been sawing down for several days, such behaviors usually indicative for weakening momentum. I am expecting a sharp upward move once resistance is broken towards 38.2% rentacement level. Stops below previous local low.
AUDUSD We have a clear ascending wedge , price has broken through the support and confirmed it in addition it failed to climb higher that previous high. Good time with moderate risk to open short with stops slightly above previous high.
OANDA:EURUSD Euro moved up sharply yesterdays forming nice ABCD pattern, now is a good time to enter short with stops above 1.15
OANDA:USDSEK Looks like a good opportunity to go long, double bottom confirmed, stops below 8.4131
OANDA:USDCAD Seems like we have a wedge, possibly with a harmonic structure forming inside. Prior to upward move I am expecting price to test 1.2848 level.
OANDA:NZDUSD New Zealand Dollar failed to break previous structure high, bounced back and now testing key support line. It's a good time to try to go short with tight stops above friday's spike. Target is around 50% retracement level of the last impulse leg.
UKOIL After completion of a nearly perfect AB=CD pattern price started to move up, but bounced sharply off 50% retracement level. I am expecting a continuation of a downtrend starting with a re-test of point D price level of ABCD pattern followed by testing the support at 41.94. My ultimate target rests at 37.48, this level additionally coincides with last Gann...