We have multiple confluences for a long opportunity. We have bullish divergence with a nice inverted H&S, and price rejected at a major QP 120.00. Level 1 impulse followed by correction phase so I’ll be looking for level 2 rise. Wait for the break of the neckline.
EURNZD: Ascending Channel
Looking for a break above the large QP 1.7500. Price could drop down to retest the previous low or channel support.
GBPUSD: Descending Channel
Short term sell. Expecting a drop down to the buy zone.
CHFJPY: Inverted H&S
Wait for break and retest of the neckline..
CADJPY: Falling Wedge
We already had a nice break and retest out of the falling wedge. Looking for a pull back or bull flag to form, or you can wait for the break of the high.
USDCHF: Ready For The Next Impulse?
Broke above the large QP 0.95000. Buy after the retest.
GBPCHF: Inverted H&S
Price has already broke and retested the neckline…