GBPJPY Elliott Wave pattern, Harmonic pattern, Head and Shoulder pattern, Channel pattern, Wedge pattern, Triangle pattern, Cup and Handle pattern, W. Wave pattern, Double and Triple Bottom/Top patterns, Pennant pattern, Flag pattern are all market patterns that every trader sees everyday on every time frame. These market patterns all have precise trading entry levels and […]

EURNZD Technical Analysis 2.26.2018 Looking at the 1 hour timeframe of EURNZD, the pair has found a temporary bottom on February 21/2018 and was followed by a good bounce higher. The bounce higher from the February 21 lows has done an Elliott Wave five wave impulse pattern calling for a continuation higher after a small […]

GBPNZD Possible BUY/LONG Trade Setup GBPNZD is forming a bullish inverted Head and Shoulders pattern. Price has already broke above the neck line which can be a signal that possibly more bulls will be entering LONGS and can start pushing the pair higher. Traders should watch for a good strong break above the green BUY […]

GBPUSD Technical Analysis 1.26.2018 GBPUSD from December 28/2017 till January 25/2018 has produced 4 market pattern breakouts where traders could have entered LONG positions and rode the market rally to the upside. Since December 28/2017 the pair has extended over 900 pips to the upside. The chart below will show how any trader could have […]

EURAUD Technical Analysis 1.25.2018 EURAUD has potential to push higher. Bullish patterns are visible and just waiting for price to start rallying to the upside. On the chart below the orange bullish pattern already triggered buys at the XA 0.886% Fib. retracement level and bounced higher. On the bounce higher the pair broke above the […]

USDCHF Technical Analysis 12.22.2017 USDCHF is showing two possible bullish patterns. Blue bullish pattern already triggered buys at the blue BC 0.50% Fib. retracement level and price is currently trying to breakout above the purple bullish wedge pattern. More confirmation of a possible rally higher will be if price actually breaks above the top of […]