Thread: Chart Patterns

EURAUD
no change from last week
(I've taken a while to try and ch a move to the upside inside the pattern)

AUDJPY
ive taken a short here as price seems to be fighting to break this resistance, again this could support my bias for a move down to make the Right shoulder for a bullish move upward.

AUDCHF
two ways I see that this playin out.
We've got from the initial chart the Eve and possible Adam top.
(double top) which would then create a tripple underside in order to amass price to propel up to close that Gap from the W

or we simply close that gap today however I can not watch price shooting up like that just yet given my sentiment on other CHF pairs is market.

AUDUSD we had that 3 climbing valley setup for its long.
Well what I've also discovered last night was that this Descending wedge that's forming too which would give extra confluence for our climbing valley. Targets for the wedge come in at this valley neck line that is climbing.
(short at the minute on this pair seeking to ch movement down to opposite side of the wedge)

Bullish in the long run.

Originally Posted by ;

If it's no egy can cable large hold see if we can escape that to the upside which is in line with monthly quote

the high won't hold ,
the last high is too brief off the very best, this is principles as I see it
price has shown that right
double shirt on AU right now ,still no confirmation to be honest
but I agree AU bullish right now

Originally Posted by ;

quote image

You Posted this one prior to didint you mate see
how it played out I had 3 options for GU.

Tried to become abit clever now and trade the movements over side the the patterns like AU has a bullish descending wedge I've took a few shorts like I don't think she is ready to shoot on up nonetheless.

Fine too see the chart patterns and though makes matters sommuch better there anyplace keep
up it mate!!

Well I could KICK myself for not viewing this pattern earlier but the resistance level has been broken that the cup pattern brings in goals close to 1.48.

Looking for a pull back to this break out stage followed by cup pattern goal around 1.48 ish
And well at least it#8217;s been recognized at the confirmation degree of the cup that provides excellent opportunity

Hi Niel
I said I'm super impressed by some facets of your egy definitely I can pick some hints up ,I'm likely to go along and see if your patterns work out at the grander scheme
I'm arguing them today but that is debate ,
I posted it before but today it moved on to affirm GBP is in a uptrend ,yes 3 choices my point is there was not likely to be triple shirt at the height which is the reason why it did ,you take it doesn't meet the principles ?
Also say this wedge you two say failed ,it is far better to correct yourself it is not at a downtrend at the point and not flag pattern two parallel lines

Originally Posted by ;

quote You Posted this one prior to didint you partner see how it performed I had 3 choices for GU. Tried to be abit clever today and exchange the movements within the patterns like AU has a bullish descending wedge I#8217;t took a couple of shorts like I don#8217;t believe she#8217;so ready to shoot up nonetheless. Nice too see the chart patterns and makes matters sommuch better partner!!