We have seen GBPCAD being rejected and went up to create a neckline with H&S which is now completed, we are hoping for a bullish movement now to complete the double bottom!!
ACAD has just completed another shoulder, those buying can jump in now and the SL wll be just below the Head
This pair might opt to drop a lil bit to complete the other shoulder before it heads up, for those with healthy accounts they can buy it now, the SL will be below the Head anyways,
If you look closely on EJ, it had a H&S, which is now completed, we know after H&S get completed, a move to the neckline will be next, Completion of the H&S was also a retest to the double bottom that i indicated above.. so this means this pair will now go up!!
We are expecting CADJPY to go long for some time, because of a triangle breakout, this is also a double bottom hoping to go up with it!!
We expect this pair to fall because of the BEARISH FLAG, there will be 2 things that we expect when we reach 0.7470 1. Rejection that will form double bottom with target 0.7860 2. Breakout that will satisfy the bearish flag continuation with target 0.7235 OANDA:USDCHF CHECK OUT & LIKE FACEBOOK PAGE facebook.com whatsapp: +267 71738431
We are expecting this pair to fall following rising flag or bearish flag pattern There are 2 things expected when the pair reaches 0.7470 1. A rejection that will form double bottom targeting 0.7860 2. A break down satisfying the bearish flag fall targeting 0.7230 CHECKOUT AND LIKE OUR FB PAGE facebook.com
We have seen a EURUSD going up for long, it got rejected up to the neckline level, and when it was suppose to be rejected on the shoulder level it went though up, creating a head, it went back to the neckline, now we should be completing a shoulder then we go down for days!!