A POSSIBLE TREND CONTI. OPPORTUNITY ON GBPNZD OVERALL MARKET IS IN DOWN TREND AND AFTER A LITTLE PULLBACK AND FORMING A HIGHER ON 1HR MARKET BROKE THE RISING WEDGE STRUCTURE AND NOW HAD BREAK AN SNR LEVEL. NOW WE CAN WAIT FOR THE MARKET TO TEST THE SNR LEVEL AND WAIT FOR A GOOD REJECTION FROM THIS LEVEL OR WAIT FOR 1HR CANDLE TO CLOSE BELOW THE LEVEL IN ORDER TOE...
GBPUSD IS SITTING AT A DAILY KEY LEVEL AND FROM THAT LEVEL WE CAN SEE A DESCENDING TRIANGLE STRUCTURE , A POTENTIAL SIGN OF REVERSAL . NOW IN ORDER TO GET INTO A SHORT POSITION WE NEED A BREAKOUT BELOW THE MARKET BLUE AREA AND THEN A POTENTIAL RETEST
FLAG PATTERN FORMATION ON GOLD AT 1HR....AFTER THE BREAKOUT OF THIS FLAG PATTERN WE CAN POSSIBLY SEE A PUSH TO THE UPSIDE
AUDJPY IS ABOUT TO RETEST THE NECKLINE OF DOUBLE TOP THERE COULD BE A POSSIBLE DOWNWARD MOVEMENT . IN THE PAST THERE WAS A STRONG UPTREND IN THE MARKET AND WITH COMBINATION TO THE KEY LEVEL AND A DOUBLE TOP THERE IS POTENTIAL CHANCES OF THIS PAIR TO GET INTO REVERSAL.
GBPAUD IS IN A STRONG DOWNTREND. NOW WE CAN SEE BREAKOUT OF A SUPPORT ZONE WHICH COULD ACT LIKE A RESISTANCE NOW.WAITING FOR AA PULLBACK TO ENTER INTO A SHORT POSITION
GBBNZD IS IN A DOWNTREND AND MARKET IS FORMING STRUCTURE.BETTER TO WAIT FOR THE BREAKOUT OF TRIANGLE BELOW AND A RETEST TO ENTER INTO A SHORT POSITION.