we currently have a rising wedge and slight divergence - I'm watching for a break below the lower portion of the wedge
following from the analysis on the 14 March. currently in a key area, awaiting a reversal/ break to confirm. May push down to the 50% fib level. patience.
watch for a reversal in this range.
It looks as though AUDNZD is returning back to the trend line on the daily - awaiting a reversal pattern or a strong bullish impulse to confirm that this trend line is to be respected.
Is there a huge Bullish move around the corner or a return to previous trend line??
I think we could see a large movement down for Copper in the next few months.
Awaiting a strong breakout on this pair to confirm structure
This pair is at a significant level of resistance. Await confirmation as to whether price action will break resistance or roll over back to the resistance line. Any additional thoughts?
Looking at an irregular cup shape which may lead to a handle. RSI is oversold expect a pull back as illustrated.
are we looking at a new bearish run for the FTSE 100 ?