A Bearish Gartley Pattern has formed on NZDCHF. Possible downtrend.
A bearish shark pattern shows us possible downtrend for AUDUSD
AUDNZD gives a buying opportunity. A bullish gartley pattern has formed on H4 time frame.
This looks like a great selling opportunity.
If Great Britain stays in EU. Risk 250 pips for possible 1000 pips profit.
Looks like it will consoidate for the rest of the week.
We will sell below 0.74000 until it reaches first target 0.73330
EURNZD after retesting the break of the upward channel is heading lower. Sell if breaks below 1.6520
Ready to make a correction. If so we will place a short trade using a 1/3 stop loss / take profit ratio..
EURJPY is bearish for long time, after it retraced for a week, it looks like is going to go down again. if goes below 124.174 we will place a short order, risking aprox 60 pips and expect aprox 200 pips profit.
CADCHF broke the ascending channel. We place a SELL STOP order at 0.73958, risking aprox 25 pips and expect aprox 100 pips profit
USDCHF is a pair that it correlates with EURUSD. Observe the correlation indicator, it shows EURUSD ready to turn bullish, as a result, USDCHF will turn bearish. We will wait for a downward break below the trend line, placing a SELL STOP order at 0.9905 risking aprox 50 pips and expect aprox 150 pips or more.
EURUSD is probably turning bullish. Here we have a break of the bearish channel upwards. We will place a BUY STOP order @ 1.0935 risking aprox 50 pips in order to collect aprox 130 pips 1 / 3 stop loss / take profit ratio.