AUDCAD is on the uptrend. Both D1 and H4 is up. There is a harmonic pattern to go long. M15 is showing divergence.
EURUSD is in an uptrend but there is a chance to sell it to the buying level. H4 is OB along with H1, M30 and M15. Big RSI divergence with yesterday's high to resist.
Last night was a bloodbath for stock as predicted but there is an opportunity to buy CADCHF and other risk on currencies. The reason I chose this was: 1) Daily is UP 2) Oil is strong so therefore so is CAD 3) Strong divergence in M15, M30 and H1 Stop Loss is about 40 pips.
The market has been going up for a while but there is a good chance that everything (stocks, bitcoin, indexes) are coming down. Here is how I see AUDUSD. There is a big pattern to sell at the current level. It has been challenged again with H1 divergence. If this pattern comes into play, we are looking at a fall to 0.6870 for a long pattern. Nice risk to...
This is a dicey trade but we are going for it. NZDUSD is M15 double top. There is no pattern to sell, but a pattern to buy at 0.6240. Target 100 pips, risk is 40.
This is my first trade on NIKKEI and I am scared :) Well I just follow my rules, so I shouldn't worry. 1) Daily is down 2) H4 is down 3) Nice harmonic pattern setting up All other indices are showing similar symptoms. Hope it will be a good one. Stop loss is steep at 200 points but the reward is better.
The CADCHF is in an uptrend BUT 1) Daily OB 2) H4 OB 3) H1 OB and divergent There is also a pattern in H1 to sell. M15 divergence of 14 points just came up signaling it is willing to fall. Aiming for 70 pips and then go long again.
Illusion - Stocks have recovered and all our problems are over. Reality - This is a deep retracement and it means the sell off is going to be stronger. The NZDCHF bull run has come to an end and there is a M15 pattern to short. H4 divergence present although not overbought M15 divergence present
With the H4 and D1 trend Harmonic pattern on M15 1st Target is 0.68655 Stop-loss above 0.6987
EURGBP usually moves up when stock indexes come down. (Don't ask me why, it is just an observation). We are seeing the pair consolidating and oversold on H1, M30 and M15. Nice double bottom coming into play. Stop loss will be tight at 30 pips. Looking for a 90 pip ride up.
H4 and D1 trends are down There is a harmonic pattern on M15 1st Target is 3924.02 Stop loss is above 4070.97
With the H4 and D1 trend Harmonic pattern on M15 1st Target is 80.184 Stop-loss above 82.214
EURCHF is still in the uptrend despite a sharp fall today. There is a harmonic pattern shown in the diagram. We are seeing strong reversal signs and looking to go long around 1.0380 and target 1.0430 for 50 pips.
H4 uptrend D1 uptrend M15 nice divergence and oversold. Looking for 60 pips. Stop loss 35 pips.
The markets have been taking a hammering but there has been some recovery today. Based on technical analysis, this will not last and it will fall tonight. We are seeing a sell pattern in AUDUSD. This pair is correlating to the stock market and when it falls so does stocks. The last time we sold this resulted in a 300 pips run! The same pattern is appearing on...
Background: H4 trend is down D1 trend is down M30 OB M15 OB Waiting for weakness to sell.
This pair is still in an uptrend. It seems to have bottomed out at 1.0980 and expect this to move up. There is a nice pattern to buy and there is also a pattern to sell which is our target.
Harmonic pattern on M15 Trade is with the H4 and D1 trend 1st target is 13420 Wait for double top on M15 to sell