Here is a potential completion of harmonic pattern in $AUDNZD. I am looking at 1.29 for potential short setup. This is a trend continuation pattern, and I am looking at the resumption of existing downtrend. Here is the …. CHART!!
ABCD
$AUDUSD 18 Jan 2012
I see two possible scenarios for $AUDUSD. I like the fact that it broke through the resistance yesterday, potentially complete the ABCD movement. However, looking at the daily chart, the latest candle/pin bar (if it means anything to you at all!) looks a little bearish now. Let’s see how it goes. Here is the ….. […]
$AUDUSD 01 December 2011
Decision, Decision. $AUDUSD made its way to 1.03 at the last trading day of November. Looking at the chart, we are now at the decision point. No, I am not calling a short like a mad cow now. Let’s see how it goes. Here is the….. CHART!!!
$USDSGD 21 Oct 2011
I don’t expect too much movement in the Friday afternoon (London session). So I will keep the chart for Monday to see if I still have good entry spot. $USDSGD is setting up a potential short opportunity at the current level. I wish I could write a thousand-word blog post to explain the setup to […]
$AUDSGD 21 Oct 2011
Focus! Switch off your lousy music collection, and concerntrate on the chart. :LOL Well, $AUDSGD, one of my favourite pair to watch. I see the completion of ABCD formation at the top of channel, and a little ribbon pattern forming while retesting the back of trend line. Have a look at the chart, it is […]
