Opportunity to sell AUDCAD on the competion of the bat pattern (0.948...) RSI looks overbought, that is always some confirmation when shorting remember good to give the market some room when placing stops
Hopefully we can see a continuation of the bullish momentum that gold is having. This gartley pattern could be a good reason to buy the market, some good structure is found relatively close to the patterns competion.
There is a possibility for the market to make a harmonic move into structure, since there is a good amount of support/resistance in that area, shorting might be a good idea.
AUDCAD is looking bearish, this channel might help in finding a reason to short the market.
looks like the market might push up into some resistance (blue), a continuation to the downside might happen. Next support/resistance (yellow) are good places to exit.
Market might give an opportunity to buy some GPBZND on this bat pattern forming. Look out for that previous lowest low, as market might retest it.
Market could potencially continue the bullish movement in that nice support area
Might have and opportunity to sell GBPNZD if the ABCD move completes right where support could turn into ressistance.
Just leaving a little idea, NZDUSD-0.12% has just retraced back to previous ressistance and turned into support. If it can break previous high then who knows where its going. red box was just to show where i found some structure to see where market would find some support/ressistance again Daily chart shows where that red box comes from
Gartley looking good on the hourly in EURCHF, backed up buy alot of structure on the completion of the gartley(D). Lets see how this is gonna play out.
There might be an opportunity to buy GBPAUD, could look at retest of previous high or even a 127% extension
Coming into a nice area, lets see what it does... Market could resume its downward trend or continue pullback
Opportunity to buy some USDJPY. Consolidation is happening on the 4hr, so possibility to hold position to retest ressistance.