UnknownUnicorn4565572

UnknownUnicorn4565572 Updated 

Even though BTCUSD has come across an old support level, it has reacted to a new resistance level and broken through the downside of the moving average with a retest indicating more bearish movement. It also has not reached the bottom trendline of the descending channel (bullish flag) yet even though it has fulfilled the triangle pattern that included the Elliott...

UnknownUnicorn4565572

Good luck and follow me for more!

UnknownUnicorn4565572 Updated 

Good luck and follow me for more!

UnknownUnicorn4565572

Rising wedge formation with a possible retest Good luck and follow me for more!

UnknownUnicorn4565572

EURAUD Sell idea with the presence of the triple top pattern (M) Good luck and follow me for more!

UnknownUnicorn4565572

Good luck and follow me for more!

UnknownUnicorn4565572

The bear rally could take a pause with this descending channel reaching its support trendline. It might present a false downward breakout but if it refuses to and actually breaks out completely, than this pair will seriously plunge, and I will follow it. If the channel is valid, I will be initiating a long position to the red resistance, and the channels...

UnknownUnicorn4565572

If you don't want to buy AUDCAD, consider selling CADCHF, since they mostly move relative to each other and selling pressure is significantly higher on this pair. Again we see a broken trendline, ascending this time, awaiting a possible retest. We also see the presence of the 61.8 Fibonacci level that could also present a temporary support, even though I believe...

UnknownUnicorn4565572

After a recurring descending trendline breakout and obvious bear cessation, the price hit a powerful support made visible by a double bottom. Another descending trendline was also broken awaiting a possible retest whereby I will place my long position with a Stop below a secondary support not far from the trendline. However, if there is no retracement I will look...

UnknownUnicorn4565572 Updated 

If there is any speculation of that US recession, it definitely isn't applicable to this descending channel and it isn't happening anytime soon. Targets are indicated. Good luck and follow me for more!

UnknownUnicorn4565572

Head and shoulders. Good luck and follow me for more!

UnknownUnicorn4565572 Updated 

A very pretty head and shoulders. Good luck and follow me for more!

UnknownUnicorn4565572 Updated 

With a previous head and shoulder failure, a broader picture (timeframe) shows another forming, with a retest on a more obvious ascending channel that has broken out to the downside. Again, in the long run I see GOLD climbing, but for now, we're short. One. More. Time.. Good luck and follow me for more!

UnknownUnicorn4565572 Updated 

Sorry I'm a bit late on this one, this is an excellent inverse Head and shoulders with some more pips left to collect before it reaches the vital support that became a resistance. Good luck and follow me for more!

UnknownUnicorn4565572

The above analysis is an Elliot Wave triangle pattern with an overall bearish sentiment. The last wave within the triangle is yet to be completed before entry can be made, targets are indicated and a confirmed breakout is necessary. Good luck and follow me for more!

UnknownUnicorn4565572 Updated 

Bearish flag encouraging short sentiment. Good luck and follow me for more!

UnknownUnicorn4565572 Updated 

In the analysis we see a breakout AND retest of a descending trendline and we see the presence of a clear, inverse Head and shoulders, indicating that the bulls are back. Another indication would be the continuation of the bullish trend on the Daily chart. Targets indicated. Good luck and follow me for more!

UnknownUnicorn4565572 Updated 

The price of USDJPY is currently facing the 0.382 fibonacci retracement resistance giving the bars more fuel. However, I would suggest placing a buy stop above the resistance, noting the presence of the inverse Head and shoulders, otherwise, all the way down. Good luck and follow me for more!