Break out structure, also trendline has been broken. Market is going to fill up the trend line
This is another Elliot Wave, or you can look at it as a Higher High structure. We are forming the 5th wave and reaching higher highs
HH and HLforming for a Buy setup. It has formed an Elliot wave setup which can also be looked at as a Higher High and Higher Low
On a bigger time frame EURGBP is inside a channel in a down trend. But before going down it needs pull back then after go up to test the channel and continue with the down trend
Gold is with in a channel respecting the channel, we are selling gold on the basis that it will touch the channel and continue the down trend
Selling USDCAD based on Divergence and Elliot Wave rules, and Market Structure being broken
GBPUSD buy and Sell, broke trendline heading towards resistance, at resistance it will start correcting CPI movement
Inverse Head and Shoulder pattern forming on H1... To trade a head and shoulder or inverser you measure the head, then at 61.8/50% that's where you take your trade
USDCAD broke the trendline and currently trying to retest the trendline. We will apply the simple rules of break out and retest strategy by selling at retest.
USDCAD is using the trendline as a support, but if it breaks we will be looking for sells. The current sentiment is in blue, the entry is in the blue horizontal line. The entry for the sell is the red horizontal line
EURUSD forming Lower Highs and Lower Lows, we will wait for entry at the indicated Blue Horizontal entries then ride it to the next low
AUDUSD long, trendline break out and retest. a HH and HL structure has been formed hence i'm supporting Long
EURGBP broke the trendline, then came back to retest the trendline. We apply the theory to buy the retest of the trendline
Trendline Break out and Retest combined with Elliot Wave