GBPAUD has broken out of a trendline and downtrend making higher highs. Price is also now over the 200 EMA. Very bullish. We found a zone of support that price keeps rejecting, price is forming a correction which is a bullish continuation sign. Looking for price to go higher.
GBPCHF is in an overall downtrend on higher timeframe, also under the trendline and 200 EMA. Very bearish. After an impulse down appears a 1-2-3 flat has formed and has since also formed another correction. Looking for more movement to downside.
Lower timeframe trend broken, continuation of higher timeframe. Nice bullish engulfing on support zone.
Lower timeframe trend is broken, Higher timeframe continuation. Nice bullish engulfing.
USDCHF has broken out of the trendline of what seems to be a slow corrective move reaching 61.8, Looking to continue the downside to the previous lows.
Is this the complete pattern? DXY has broken out of the uptrend correction possibly coming back to the lows to complete the pattern.
Retest of the trendline back up to 61.8, Multiple candle rejections. Already set stop-loss at breakeven.
Break of main correction, nice bearish englufing back for downside.
Flag formed, nice bearish engulfing expecting next wave down.
Nice correction and breakout on smaller timeframe. Expecting move up to complete overall higher timeframe pattern.
Broke uptrend, Impulsed down forming a head and shoulders. Neckline has broken looking for a continuation of the new bearish trend.
Failed to push higher, forming a flag to the downside to make the overall higher timeframe correction larger.
GBPUSD has come down to form a 1-2-3 running flat, on lower timeframes we have impulsed up and formed a flag, and has since broke. Expecting price to move up to complete the pattern.
NZDJPY has formed a nice correction after an impulse down, anticipating NZJPY to go lower to complete the overall correction on the higher timeframe.
Since AUDNZD has broken out of correction (1-2-3 Flat) We have see a beautiful uptrend on H4 with multiple opportunities to enter. On higher timeframes, if the correction is big enough, to take the market up to the trendline where the -27 extension fib level is located.
After a big strong impulse down you can see a 1-2-3 Expanded flat has formed, we since broke the bottom and started making another smaller correction for the downside. For the upside, there is also a 1-2-3 expanded flat in formation, if completed this can push the market higher forming an overall bigger 1-2-3 flat for the downside.
GBPAUD Impulsing higher breaking out of a trendline and maker higher highs on H4. Since has been making a correction looking to make a higher low reaching the 38.2 fib level on an area of resistance. Could also be a potential 1-2-3 Flat correction back to the upside. H1 is still in a downtrend and has the potential to form a 1-2-3 Flat to push the H4 correction...