Cup & Handle points to a reversal.
More to come?
OANDA:CADCHF
Short to 130.80, then look for completion of wedge target OANDA:GBPUSD
I have a hard time believing this rally is legit. Dive into the numbers, wages are down debt is up. Still some unfinished business down under. AUDUSD
Confluence of ideas line up for a short term drop.
TL Confluence
After dismal numbers, bottom channel support held.
Looking for retest of breakout and take off...
Looks like a temporary top forming. Need a quick break through black TL.
Could spark a sell off in equities...
Putting in a bullish candle on the 4 hr off of support. A good reversal candle to the downside would be a good opportunity from a R/R perspective.
We bounced off of the 127 and the trend line with a vengeance, clear path to the 161.8% extension, I'll be buying until this channel is broken.
Starting to identify some short opportunities if we turn downward. Found a head and shoulders while learning to use tradingview charts. More to come...
