audjpy IDEA. We might see a move to the downside as the ABCD Harmonics just completed on this.
There is a possible Divergence on the 4 Hour Time Frame, and some other smaller timeframe. Wait for a break of the Structure on H4 to buy with a target above the 38.2% Retracement of the recent swing.
Possible Divergence on UDCAD but expecting more downside move to the downward Market structure at 1.23500 Level and a break of that would take the market further downto test the 1.22500 Level. But watchout for a break of the upper structure @1.24217 possibly a retest of it, which would take price firstto the 38.2% or the 50.0% (1.25000) fibonacci level, and may ...
Price around that level where it has been holding. I am expecting a movement to the downside, though all other Timeframes shows bullish in structure but on the short term, the strenght of bull is week and bears are pushing down. Lets see if this level bounce or break. A break of it will push price down to the 61.8 Level of the Fibonacci , so on price can gain...
My analysis on possible Market opportunities on AUDUSD
EURCAD would behave this way. So guys, all you need to do is to just wait for the market to come to you and then you make your Pips
Analytically, USDCAD is likely to break out of that flag to the downside and continue the sell rally. So lets watch out what happens