NICE SET UP TO SELL WE HAD A REACTION FRO THE TRENDLINE LATE ASIAN SESSION THERE CONFLUENCE WITH DAILY STRUCTURE 88.6 FIB AND DIVERGENCE NICE TO GO SHORT
ANALYZING THIS JUST NOTICE THAT IS TIME TO GO DOWN THE CURRENCY JUST FULLFILL THE NEGATIVE EXTENSION AT A KEY LEVEL MULTIPLE REJECTIONS HAS BEING DONE AROUND THE AREA WITH EXHAUSTION CANDLES TO THE DOWNSIDE DIVERGENCE IS IN PLAY SO WILL SEE
a corelation situation is going on right now the DXY just broke out of the channel making EUR/USD push higher a retracement at the 61.8 was done and a brake of the inner trendline one more leg UP needs to be done to complete the sequence will see
looing at the dxy the dollar is approaching a CTL that might push the dollar lower making this oportunity valid there a nice continuation pattern on the 3 hour chart that is worth to take the risk we have couple key confluence like the daily support and a 23.6 fib let see whats gonna happen
A CYPHER PATTERN FORMATION WAS JUST COMPLETED MARKET IS REACTING PERFECTLY FROM THE PRZ ZONE THERES SOME PREVIOUS DEMAND OF PRICE ON THAT SAME REGION AND OVERSOLD CONDITION HAS BEING MET SO LET SEE WHAT HAPPENS ;)
EUR JPY IS ON ITS WAY TO COMPLETE ABCD SEQUENCE VOLUME FOR THE EURO HAS BEING STRONG SINCE LONDON OPEN SO THERE A HIGH PROBABILITY THAT THIS MARKET WILL GO UP ONE MORE PUSH WILL SEE
SINCE DATA FOR THE AUD WAS NEGATIVE BUT THE AUSSIE BEHAVE POSITIVE BECAUSE OF EMPLOYMENT DATA SO FAR FOR THE EUR/AUD IS A GREAT OPORTUNITY TO JUMP IN THIS TREND CONTINUATION PATTERN WILL SEE
THE CHF/JPY JUST COMPLETED A ABDC PATTERN AT A CRITICAL LEVEL YEN FUTURES HAS BEING DROPPING REALLY STRONG BUT THEY NEED TO MAKE A CORRECTION AND NOW THIS IS THE TIME WILL SEE
USD/JPY JUST FOR A NICE RISING WEDGE AT A STRONG WEEKLY RESISTANCE WE GOT SOME DIVERGENCE AT THE SAME TIME SO WERE EXPECTING A NICE DROP FOR OVER 80 PIPS
Last Week EUR/JPY couldnt break the 131.60 region either that there as good EURO strenght last Week a Break of this CTL is gonna give a clear drop for over 100 somethin PIPS will see
PRICES ARE ENTERING A NICE HIGH PERCENTAGE CONFLUENCE ZONE WITH CONFIRMTATION OF STOCHASTIC FOR DIVERGENCE AND ALREAD A NICE WICK CANDLE AS A REJECTION WILL SEE ;).....
