AFTER RETESTING GUY WHO STARTED THE MOVE DOWN LOOKS LIKE WILL TOUCH 1.1360-1.1365 AREA AND MOVE DOWN TO PREVIOUS LOWS 1.1269 HOURLY AND 15 MINUTE CHART ANALYSIS PROBABLY WILL ONLY FIRST MOVE AROUND 50-60 PIPS TODAY SMALL RETRACE AND REACH TARGET WITHIN 3 DAYS MAX HOLD TIME.
looks like we might be starting a formation of a cypher on the usd/chf 240 chart after first target move stop to breakeven for second and if this breaks the structure from the daily it could go as far sown as the 1.27 mark as well as the d leg would be retest of a trendline break one other scenario would be after completion of the .382 target it could go back up...
retest of previous structure on daily timeframe looking for an entry reason around 1.1575 area on 4 hour or 1 hour chart as a double top to show trend continuation trade back down to last downtrend structure area of 1.13 area!$$$$$
just broke right shoulder first target neckline
advanced pattern came down touched the 1.27 fib i'm still learning I see this pattern but don't know enough about patterns to know what the next step is any help would be appreciated
if dxy comes down to the yellow highlighted area would be a good place to take a long position nice demand area
looking like eu losing buyer momentum no new high and start of lower high lower low sequence could be sellers coming into bring back down
2:1 rr quick retest of who started area
watch for a new high or for momentum of buyers to diminish then short will begin if new high will continue up
head and shoulders formation on 15 min eur/cad chart sell look for target @1.40925]