Bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen.
USD/CAD: the fights around 1.28
BUY 1.2920 SL 1.2865 TP1 1.3020 TP2 1.3160 TP3 1.3290
SELL 1.2730 SL 1.2785 TP1 1.2630 TP2 1.2570 TP3 1.2000
On the daily chart of USD/CAD, there’s a “Spike and ledge” pattern. A successful test of the lower border of the 1.2730-1.2920 consolidation range with the following renewal of May high opens the way up to 127.2% target of AB=CD. On the other hand, a break of support at 1.2730 will increase the odds of 127.2% target of a “Bat”.
On H1, the risks of USD/CAD going to 88.6% and 161.8% targets of “Shark” and AB=CD are balanced.
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines.
On the daily chart, AUD/USD pulled back after reaching 113% target of the “Double top”.
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…