On daily time frame price rejected the trendline with pin bar candlestick
Price is moving inside parallel channel .We are measuring waves and see that We have A B = C D pattern.D point correlate with 1.618 Fibonacci level too.Expecting a bearish wave, same as previous 2 waves.
We are have a falling wedge pattern.Price broke out last week.Expecting a bullish wave till 0.618 Fibonacci level.We have head and shoulder pattern in bigger picture.Sell opportunity at right shoulder and when price breaks the neckline.
CHF/JPY - waiting for price to touch 0.382 fibonacci level and reject it.
NZD/CHF - price is moving on parallel channel, waiting for breakout and retest of support level .
EUR/JPY - We have A B = C D pattern fully completed. Price is moving inside rectangle pattern.Waiting for breakout and pullback to confirm a trade.We have both scenarios in game.
USD/CHF - price broke the trendline didn’t pulled back last week, expecting a pullback this week between those two key levels.
Price broke and retested perfectly the trendline, is moving on parallel channel too.We have double bottom confirmation.We are waiting for breakout and retest of parallel channel.Our target correlate with next resistance level.
GBP/AUD - price is moving on parallel channel and touching the upper trendline for the fifth time, price rejected - 0.27 fibonacci level, we have an AB=CD pattern full completed.
price broke rectangle pattern, waiting for retest...
EUR/GBP- we had a fake out last week, price didn’t broke the major trendline, waiting for breakout of bearish expanding triangle pattern (yellow)
GBP/CHF - we have head and shoulder pattern, waiting for price to retest the neckline and create another small bearish pattern.
USD/CHF - price is moving on parallel channel, waiting for breakout for another wave in downside direction.
GBP/JPY - price rejected resistance and broke the trendline, expecting a pullback and more downside move.
US SP 500 ( index) - on 4H time frame we have rising wedge pattern waiting for breakout
NZD/CHF - price created a perfect AB=CD pattern
XAG/USD - price broke parallel channel and now is pullback at 0.618 that correlate with support level too, AB=CD pattern in game.