NZDUAD Is form Nice continuation pattern forming on the 1H - 4H time frame indicators shows a divergence in the current pattern trend - still has momentum to the upside - Price action is currently between 2 price ranges with obvious support resistance points Plan is to go long on the formation break with a volume and candle confirmation 1st target is .74000
FX:EURCAD Pair is obviously in accumulation phase for several months now - waiting for correction after a big dip and an uptrend to test defined supply zone marked red Showed decent moves within support / resistance ranges - Strong resistance marked red been tested several times throughout October and and yet to be broken, Indicators showed a clear divergence...
USDCAD Looking back at previous chart behavior - look closely how the uptrend is gaping away from the outer left bollinger band - currently crossing below 20 SMA and testing the lower band , add this to Hanging man candle pattern - your up for a reversal watch out for the final re-test by the bulls.
USDCHF Is on a nice uptrend, Had a significant drop, look out for the correction, seems to find resistance at current major support are marked green - Support dates months back, Lands nicely within 61.8 Fib- Look out for the long once confirmation of reversal popped out
FX:AUDUSD Is getting into a wedge formation - Price Hits the trend line and bounces off the Support trend (Green) , Price is expected to hit the wedge resistance line (White) where there will be more supply for the selloff - Shorting could be a good idea - Wait for a confirmation candle before making a move
NYSE:FMSA Weekly chart shows a big trend change Cup and Handle formation dating since may - possibility to test previous old highs marked up in purple Daily & 15 min chart starts to show Head and shoulders formation at Descending Triangle - Bounce off the 50% Fib level at previous strong resistance / support line. Potential buy when bounces off that level -...
Nice double bottom there - Is there going to be a Retest? Buy @ Retest 61.8 Fib and continue the trend- Making baby steps on my trading - will be glad to know your opinion - Cheers. NYSE:SXC
NYSE:EPE Been in accumulation period for several months now, forming a big strong base - Potential inverse head and shoulders formation there, Purple line is a strong Resistance line that dates back, Given the potential break out going long on sub 5..