Expecting EURCAD to break the up trendline anytime..given bearish cypher is seemed to have completed @ 1.4960..unless it transition into a bat @ 1.5110..
if indeed the break happens within next 12-24 hours, then this wave down shall be the CD leg for potential bullish 5-0 in the making
Therefore, this pair presents 2 excellent opportunities back to back..with the...
Expecting GBPJPY to pullback very soon to complete the BC leg of the potential Bullish 5-0.
Awaiting the trendline break before going Short all the way to 140-141 TP area. SL @ 30 pips above C, which is pending
This pair has just retraced 78.6% to a low 110.40, and with RSI at oversold area, it is primed for a move upwards. Expecting volatility during NY session to start moving this pair towards TP@112 with tight stops @110, risking 60 pips for 140 pips return.
expecting gold to pullback to $1,262 or higher before shorting this all the way down with TP @ $1,242 & Stops @ $1,271, risking $9 for $20 profit potential.
GBPJPY, excellent LONG opportunities given confluence of few factors - fib deep retracement with triple bottom pattern & oversold RSI coupled with a visible trendline breakout pending. This offer a lucrative risk return with SL @137 (risking 40 -50 pips) for TP @ 138.50 -60 area, 100-120 pips profit potential..
With on-going Bullish Shark having started few hours ago at 1.7055-60 area, expecting this pattern to terminate at 1.7210 resulting in Bearish 5-0 to follow suit. SL at 1.7350 with TP at 1.69
