Hope that USOIL may be start its LONG RUN from now on with $39 as a STRONG SUPPORT.....
In the NZDEUR pair 1 Hr timeframe a HEAD & SHOULDER is completed and it seems market to reach 0.618 Extension from the downside side move...
Market analysis In the US OIL script a downside BUTTERFLY is completed at strong resistance zone so i'm expect a downside retracement upto 0.382 ...
Market analysis.. US oil forming a channel price movement in 1 hr timeframe if that break and close above the channel resistance mean it will touch $55.80 and i STRONGLY feel that $ 54 is a STRONG SUPPORT..
SGDUSD - 1 HR - HEAD AND SHOULDER - Failure will make the price movement to downside so we can enter the SHORT trade with RISK REWAD as 1:1
Bullish Cypher is completed in CHFUSD pair so we can enter a LONG trade but according to me the risk reward is not 1:1 so pls have a think before enter the trade
EUR / USD pair now completes the BAT PATTERN in DAILY CHART which enables the below trade SELL EURUSD @ CMP 1.11893 with SL 1.14207 for TARGET 1.08695 and 1.06665
Now CYPHER PATTERN is also completed in EUR / INR pair, So its the right time time to SELL with SL 73.9934 for TARGET 70.8069 &69.7134
EURO / INR heating towards a BAT PATTERN in DAILY Chart,and in addition with ABCD completion at 72.6969 on the confluence of 0.886 FIB retracement at the same area. So SELL @ 72.6969 with SL of 74.0559 for TARGET 1 70.9388 and TARGET 2 69.8229