GBP/CHF broke pivotal resistance level 1…
Daily Market Analysis
GBP/CAD rising inside intermediate impulse wave (3) Next buy targets - 0…
Wave (ii) has turned out to be deeper. However, the bearish wave count is still on the table.
The 55 Moving Average has acted as a resistance, so there’re a “Shooting Star” and a “Doji”.
The last bullish “Hammer” led to the current upward price movement.
There’s a “V-Top” pattern, which has been confirmed. Also, we’ve got a bearish “Flag”.
The price is still moving up and down in a range of the developing “Triangle” pattern.
NZD/CAD revered from powerful support zone Next buy target - 0…
NZD/USD rising inside impulse wave 3 and (3) Next buy targets - 0…
There’s a diagonal tringle in wave c of (ii), which led to form a wedge in wave i of (iii).
The main trend is still bearish. Also, there’s a “Three Methods” pattern, which hasn’t been confirmed yet.
The 34 Moving Average and the upper “Window” have acted as a resistance.