A rising wedge pattern on the GBP/USD, along with a close below the trend line presents a great selling opportunity.
Rising wedge pattern on the AUD/USD 30 Min. chart could present a selling opportunity, if price can close below trend line.
Falling wedge pattern on USD/CHF 30 Min chart and a bounce off of a major resistance level could present a good BUY opportunity. Aggresive traders could enter now, but I will wait until a candle closes past the trend line to enter.
Price breaks through pattern and trend, but still needs to break through the key resistance level to confirm an entry.
Bearish Pattern on USD/CAD now has a perfect entry opportunity as it breaks trend line and passes a major support level. Take profit is set short of another major support level .
Pressure in the USD/JPY could go either way. If the pair can push through the major resistance level expect a continuation of the bullish trend. If we can break below the trend, we can expect to see a major change in trend as the USD becomes exhausted.
A bearish Gartley pattern has appeared on the EUR/USD pattern just short of a major resistance zone. I am expecting the pair to move further into the resistance zone, so I will enter once the pair has broken the trend line.
A Bullish Crab formation has been detected on the 6 min USDJPY chart indicating price action is going to go to the upside. stop loss is set tight to the initial upside move of confirmation candle and my first target is going to be in the 112.49, my second target is the 113.20 level. my stop loss is at the 110.40 level
A Bearish Cypher pattern has been detected on 60 min ADP chart, suggesting that we are going to be making moves to the down side. my stop loss is set at 99.54 and my first target is at 97.62, close to a 1:1 ratio, my second target indicated on the chart is 96.94.