USDCHF is at at a massive rejection level. Reacting to what this pair shows this week.
Confirmations include: Trend line break Harmonic scan Resistance
EURUSD is currently playing out a head and shoulders pattern, following the strong downward momentum.
Confirmations include: Weekly trend line re-test 61.8 used as resistance
EURJPY has broken the downtrend resistance, and is now using it as support.
Confirmations include: 1. Trendline 2. Harmonic Scan
Confirmations include: 1. Trend line 2. Harmonic Scan 3. Valid higher low because of 38.2 fib level touch
Going into this week I'm looking for the Euro to have a potential pull back to either the 50.0% or the 38.2% range, use the previous support trend line as resistance, and then take a turn to the downside. By waiting for a break of structure on the lower time frames at these zones and waiting for the right time to place your entry, we can create a trade that has a...