WATCH FOR A BREAKOUT AFTER THE CORRECTION IS FINISHED.
IT IS A NICE SHORT SETUP WITHIN 1HR TIME FRAME & ALSO HARMONIC FOR SELLING BIGGER TIME FRAMES. SELL AFTER THE FORMING AND BREAKOUT OF THE 1HR FLAG.
SHORT THE BREAKOUT AS THERE IS A STRONG DIVERGENCE IN 4HR TIME FRAME. TRADE WITH CARE !
Five wave ending diagonal completion in bull market with corrective abc waves inside.
It may be forming a double bottom pattern from which it will bounce off. The alternative would be for it to break down creating a failed trading cycle. We are either on day 35 of the current trading cycle or on day 2 of a new trading cycle. This suggests the direction the dollar takes will be decided rather soon. Charts suggest dollar may face critical point this...
It is a shorting opportunity after breaking the red trend line but wait..... there is also a possibility for rebound of weaker dollar after fed's yellen talk show. trade responsibly :)
After a bearish triangle with completed abc waves correction inside and strong dollar ahead plus officially Brexit process some real BEARS are on the way. pls trade safely it's a personal idea! thank u :)
it is a clear correction after an amazing impulse to down side lets keep eyes for a breakout to down side move ;)
it is a simple correction after an amazing impules so lets keep our eyes for a good breakout for another impules m;)
a good R2R ration for a possible short trade. Be careful if it breaks the 2nd red resistance the short will become invalid and will be long opportunity . trade on your care its just an idea !
CANADIAN DOLLAR WILL DELIVER A GOOD BEARISH MOMENTUM SOON !