MinervaFX

MinervaFX

ABCD pattern

MinervaFX

After yesterday's fall of NZD against USD the pair is at oversold levels and I'm expecting some small correction to the upside. There are many upcoming news from US so I'll go long with small position.

MinervaFX

RSI on 1 hr chart is showing a short fall down to previous S/R level

MinervaFX

double bottom pattern almost completed as I see a resistance and RSI almost at 80. Waiting after that for a retracement to 61.8 of a fibo retr. and going long

MinervaFX

Perhaps I could later apply 2618 strategy to go long

MinervaFX

RSI @ overbought levels with a completed pattern

MinervaFX

double bottom. just waiting for touching 61.8 fib retracement to go long

MinervaFX

Bearish Bat pattern. Just waiting for the C to D leg to complete.

MinervaFX

There could be a chance to short GBPJPY @ 174.090 after completing B to c and C to D legs

MinervaFX

After worse than expected data from CAD on friday USD was a great opportunity to buy on a pattern completion shown on a chart. Now the pair is in overbought levels on the RSI and I'm expecting it to fall to previous support levels.

MinervaFX

A to B leg filled @ 61.8 of fib retracement B to C leg almost completed @ 61.8 of fib retracement wit RSI @ almost overbought levels Just waiting for C to D leg completion to go long

MinervaFX

A to B with 61.8 B to C with 61.8 Just waiting for C to D completion 127 fib extension