I am expecting sell setup on retest. If price breakup i will look for change in pattern and structure.
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Watching for sell.
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Price holding the area which i was expecting expecting continuation to the downside.
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This pair doing amazingly. Here we got the update if not in wait for trend continuation pattern and look for sell breakout.
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This pair played well i am expecting clear breakdown and end of this corrective structure and continuation to the downside. In case price do not breakdown and form any trend reversal pattern on lower channel line then i will look for buy setup with in the flat channel and will look for change in pattern.
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Here is the update.
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BhaktaBasics
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Fair analysis but i think the timing is a little early. My chart shows we have around 70 pips upside potential before hitting the descending channel (linking highs back to May). This correlates well with the continued weakness in the US$ index. Definitely one to keep eyes on.
X87
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great idea .... I´m doing exactly the same .... waiting. Also the AUDUSD working really fine.
Fair analysis but i think the timing is a little early. My chart shows we have around 70 pips upside potential before hitting the descending channel (linking highs back to May). This correlates well with the continued weakness in the US$ index. Definitely one to keep eyes on.