WayneKigen

WayneKigen

There was a similar, and steeper rise while following good break and retest law. There was also some consolidation yesterday which was broken as NY opened.

WayneKigen

The upward trend was continued today, after some bearish energy bringing market to consolidate on Wednesday, was exhausted for the continuation as seen today.

WayneKigen

So HPQ has been fishing for demand as seen in its downward trend formation. There is some good reversal potential as bulls meet their appropriate retracements (23.6, 38.2%)

WayneKigen

There has been the inverted head-and-shoulders move looking to finish the short-term bullish moment before the larger bear run in play.

WayneKigen

There was a good consolidation in the golden zone which followed with a push in the bearish direction.

WayneKigen

This pair is also forming a bullish trend after an appropriate support reversal and is now targeting the previous golden zones in the fib retracement.

WayneKigen

NZDUSD has been consolidating as markets opened and has formed a wedge and is on the way back up in a bullish trend.

WayneKigen

This is a good example of a sell confirmation. There was a double-top formed before a break below the kill-zone. The push further down can finish the trend.

WayneKigen

The bulls have dominated the trend and this rectangle formation is ready to be broken. Looking for a break above as London opens

WayneKigen

The bears have been in good control and continue to form good price structure here. Correlation with USDCAD also confirms this move.

WayneKigen

There is some good resistance and consolidation around the golden zone, signaling a further push in the bears' direction

WayneKigen

USDCAD has been building up bullish confidence to meet new resistance this week, and the candlestick confirmations are looking good.

WayneKigen

Similarly. a bear flag has been formed and is waiting to be broken for the confirmation of the trend

WayneKigen

This pair also hit some monthly highs and is currently on a bear run reversal. Looking to follow through for the week

WayneKigen

This is another example of the head-and-shoulders formation taking place. There is a bearish trend in place to cover the new highs that were made last week. Keenly watching this for the fib retracement journey.

WayneKigen

This is a beautiful head-and-shoulders formation that has formed and has some good liquidity for more bearish activity. Especially since some MAJOR highs were hit last week.

WayneKigen

Similarly, there is some good bearish momentum to start the week as previous support levels are being targeted. Using less risk since anything can happen.

WayneKigen

The bears have been in control and this current price level has some consolidation which is a factor of liquidity. After a break of this small range, we will have some good direction.