USDCAD Bullish move to 1.3700 !! Hidden Bullish Divergence on Weekly Time Frame.
Falling wedge with divergence. Buy the breakout.
EURCAD .. I am waiting for a Trend Line Break to go long to 1.5150 area then re-evaluate I believe EURCAD H4 has completed wave 5 and we are in a correction phase now
Look for any opportunity to get long to 2.00 level (Level from Daily)
GBPAUD similar to EURAUD has also completed wave 5 and it's time to look for retracement and correction moves all the way to 2.00 area. Look to get long on the lower time frames
EURAUD H4 completed 5 waves, it's now in the correction phase. I will go long on a break and close above the trend line ... targeting around 1.53 area (Looking for C)
AUDNZD finished 5 waves, we are in the correction phase now. Price is looking for 50% or 61.8% retracement at the uptrend line. Short entries below A is good until 1.09500 area then look for longs
AUDJPY finished 5 waves and it's in the correction phase now. Price is looking for C which can be found at any of the retracement levels below price. Once the C is reached we can go long. Until the C is found, we can short
AUDUSD finished wave 5 .. It's time for correction now. Price may retrace to 38.2. 50 or 61,8 retracement levels before continuing higher.
I would like to go long AUDCAD to 1.0150 I have identified possible retracement levels from which I want to be long (Shown on the chart). At those levels, I would look for divergence on the lower time frame like H1 and for trend line breaks. Good Luck
On H1, Short on a break of Trend Line Targets and SL on the chart
Short on a break of Trend Line Targets and Stop Loss on the chart. Protect your profits
Similar to EURNZD, EURAUD is also setting up for a bearish move to 1.4040
I believe EURNZD will have a very strong bearish move towards 1.5070 (This is at least 1,600 pips from current market price) 1.5070 is the 100% Fib Extension from the down move 1.5070 is a re-test of the Weekly broken trend line 1.5070 is the completion point for AB = CD Pattern
GBPNZD is probably going to finish wave 3 before going back up again. Wave 3 will complete at around 2.02 - 2.03 At that level, I need to see bullish divergence to go long . My bias is short until wave 3 completion
On a break of the Daily Channel, I anticipate AUDCHF to go to 0.7766 or higher to complete AB = CD pattern. 0.7766 area is a previous support zone which may act as resistance. ** This is a positive carry trade so you will be paid swap for holding long entries. ** ** Once a break happens, you can add to your winners using the 23 or 34EMA from H1 time frame or...