GBP/CHF falling inside minor impulse 3 Next sell target - 1…
USD/CAD: loonie is starting to fight
Recommendation: SELL 1.326 SL 1.3315 TP1 1.316 TP2 1.305
On the daily chart of USD/CAD, the formation of the senior and junior AB=CD patterns provoked a pullback in line with the “Three moves” pattern. The pair formed an inside bar. The break of its lower border will allow bears to count on the continuation of the decline to support at 1.305.
On H1, USD/CAD formed 113% target of a “Shark”. Pullbacks towards 38.2% and 50% are usually used for selling. A break of resistance at 1.3355, on the other hand, will increase the risks of uptrend’s resumption.
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.
GBP/JPY broke support level 141…
Recommendation: BUY 0,9765 SL 0,971 TP1 0,985 TP2 0,9895…