GBPAUD might give us a double 3TR. Failing to break it may give favor to the bears making a 3TS.
i really thought NFP will push this pair bearish resulting in a strong USD for fundamentalist trading the NFP. But with that on view we see it has broken through a minor support and still rallying under. We wait to see if it would reject favoring the Bears or break back in for the Bulls. We are aiming where more money is.
AGAIN?? yes again fellas...we eat this bullish move.if you have realized, for the past weeks iv only been analysing a bullish GBPNZD. i just love GBP pairs man. they pay the bills
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There are three ways to analyse the market: Fundamental Technical Mental - i just happen to have used my instincts and experience of market conditions.
Lazy Analysis ... been keeping an eye on it for sometime now, following the previously posted Daily TF. Confirmation achieved.
Double Bottoms and a falling wedge. We foresee an iHnS coming up. on Smaller TF and H4. Can this reject the HnS that was at hand from the previously posted setup?
Having found about the iHnS on the Hour TF, we are looking forward for a 3 Touch Resistance that would favor the bears to dominate. While on that, it may have a false break out. Clearing early sellers. We have got a rising wedge on view.
So we might ride bulls on the Dollar currency. mind you we still have price rejections at CMP, which could likely form a double top and mirror imaging. But seems the bulls are in control breaking out iHnS neckline and retesting confirming rejection.
For Scenario 1) We have a QML broken and retesting neckline, riding the bears . Scenario 2) We have a double bottom, a falling wedge and seeing a possible iHnS. We might go back to levels of 1.639 But for now, its good that the 2 are agreeing on a buy ... Whats you opinion on this?
Seems like USDCAD is pitching in for a retest with that HL correction move. Rallying down wit the bears, we should catch the bearish move just after the rejection and ride it dpwn to possible levels 1.20609
We are high with a Bullish Cypher. :D We might get a Qml after that Bullish move, making the second leg.
We have an HnS, broken through neckline and waiting for retest to ride the bears.
Double Top... (M) formation. waiting for it to retest supply zone for the bears to take over.
Following on the previously posted Daily Gbpnzd... having an iHnS shows it may follow through.
Double bottom on a pretty strong demand zone, we take that this pair should be giving way to the bulls.
CadChf, showing signs to be forming a mirror image. While on that, a typical rising wedge also on view...meaning it might break bearish in the long run.
Analysing, i see most Chf pairs having a correctional bearish wave. Seems UsdChf is also to join the bears, showing signs of a bearish flag and and an HnS