An ending diagonal looks very clear in the chart of XAUUSD with a strong bearish divergence. At it maximum it can only give an overthrow to the upside but still after that it will fall....... So please don't miss this opportunity
The ABC zigzag formation is very clear on Turkish Lira, so I expect this pair to fall further atleast upto the level of 5.66165
EURJPY is struggling currently to breakdown and head to the the level of 99.543.
Hi guys, GBPAUD seems to be forming an ascending channel with a classical bearish divergence. So now either it will stay in the channel for some more time which is likely I think or it will break it now which has a very less chance
This is the perfect chance to enter the bullish trend in CADCHF. You can either buy it now or can also wait for the break for further confirmation
In the weekly frame price seems to be correcting the whole impulsive leg in a flat structure. Currently we are in the B part of the flat. For those who have not positions in this pair try to look for pullbacks or corrective strucutures in lower time frame to join the bearish trend
Currently forming a running flat structrure but be careful it may even transform into an expanded flat
The Flat correction is completed in ABC, I expect this pair to be bullished by now. Those who do not have positions in this pair, try look for a corrective structures then simply jump on the trend
Should give a bearish leg based on the structure
A descending channel is forming in AUDJPY with a strong bullish divergence, so now the best thing is to wait for the price give one more leg to the downside then take long position
HI guys, I previously posted the chart of GBPUSD where I said that because of the flat strucuture it might come down, but when I studied the chart further I found out the previous trend has been clearly broken so it may be called a reversal to the upside. If you have positions in this pair, so the only advise I can give you right now is to be prepared for both...
The huge ending diagonal with a strong bearish divergence confirms the reversal, but it may give another push then do the reversal, try to look for correction or wait for the diagonal to break the structure then enter short
The chart of US OIL is very clear, based on it's weekly structure it should fall down to the lower level of the triangle. Look for pullbacks or corrections to enter short position