* Printing HH & HL (Dow theory) * Significant below R1, Oversold, Mean reversion expected. CAD is strong and bringing pair down, whereas oil is weak. * Sentiment 86% long * No divergence. * Cash rate is expected to be better than forecast as been exceeding in last two 'News'
* Currency is at lowest level since start of the year. * Divergence matured and played * started to make HH & HL. * Sentiment 90% Long * 17 Negative and 14 Positive and negative already MTD * USD has many news in coming days.
* GBP has been strong for some time * Sentiment short 75% * Divergence has played and matured * First HL & LL formed, trend confirming * Reversing from highest point, so we can expect to mean revert. * 1% risk and reward. * 20 time positive and 12 negative and is already up 2.6%
* AUDJPY is at reversing from highest point of the year * Divergence has matured * Started to make LH and LL * Sentiment shows 91% short. * Market is 17 positive and 14 negative, current month is strong positive, expected to reverse. * Risk reward 1%. * Far away from resistance.
* Divergence Maturing * Trend started to reverse * 83% Sentiment Long * AUDCAD is its lowest point of the year. * 1% risk Reward, Two Target prices * Instant buy or buy stop * Lot size according to portfolio size.
* Divergence * Near R3, highest point of the year * Sentiment 95% short * GBP index is now up words, NZD is still downwards * R3 is double top position as well. * Opportunity to get mean reversion gains.
* Divergence Matured * Started to make HH * Sentiment at 89% bullish * At lowest point of the year (R3). * Dollar is getting stronger due debt ceiling resolve. * Good Potential of going high
* Cup and hand in Play * Divergence has matured * Upside calculated * Continuation pattern and with good stop loss * dip was small which indicate strong upside
* Reversal Started * Divergence * Reversing from R2 * Bullish sentiment 94% * A steep sell off is reversing.
Divergence * Near R3 (Over Sold region) * Sentiment 93% Long * 8 out of 11 times Negative * Trend is reversing but yet not made HH. * Buy stop above Last HL, Stop Loss below LL. *Risk reward 1%.
* Divergence * Near R3 (Over Sold region) * Tweezer bottom * Sentiment 91% Long * 8 out of 11 times Negative * Trend is reversing but yet not made HH. * Buy stop above Last HL, Stop Loss below LL. *Risk reward 1%.
* Divergence * Started to make HL, LL * Strong bull run recently of 3.1% * Sell Stop below Last LL * stop Loss above last HL * Sentiment is 93% short * 8 out 11 time is positive in May * Currency has appreciate more then 8.5% since start of year
* Double Bottom * Divergence * Steep fall from R2 & R3 * Buy stop at Neckline * Stop Loss below LL * 78% Long Sentiment * 4 Positive out of 11 years in May. * Oversold region (Good Chances of reversal) * MTD down 2.1%
* Trend Reversal * Bullish Divergence * Double Botton * Buy Stop at Neckline * Stop loss at Double Bottom * Downward trend in play for long time.