CHF/JPY Technical analysisCHF/JPY has formed a descending channel pattern.
It is currently resisted by the resistive upper trendline.
Hence we expect the pair to move to its supportive trendline from here.
Decendingchannel
GBP/AUD AB=CD FIBThere is a head and shoulders pattern playing out around the 0.5 - 0.618 fibonacci retracement zone. If as expected we will see a short following the C-D trend line of the AB=CD pattern. This should occur with the MA's crossing over to the down side for a good stretch. 1.7440 should be the next target after this roll over down a parallel channel, then a possible retracement back up to the 0.382 fib zone, trend acceding back up over the C-D trend line, before heading back down to target D in another parallel channel with LL's & LH'S on the way. Descending down the opposite side of the C-D trend line we look for 1.6800 (downside target). FX:GBPAUD
FINALLY! ETH will VERY SOON reach 1,000 USD. Here is why!Dear beloved fans!
D4rkEnergY just found out it has been Valentines Day a couple of days ago. It didnt matter for him, cause he feels the love every day from his fans around the world. Thats why D4 is here to give you some back.
Lets us take a look at the 4h ETHUSD chart. As you can see we are still in a downtrending channel (the 2 black lines). D4 KNOWS for sure we will break through, but lets start with one thing at a time. Firstly we have to reach 1,000 USD.
It all began in the beginning of February where we faced the bear flag, and felt all the way through to the very bottom of the channel. But as we say: After the rain, comes the sun. A beautiful bullish flag took us half way up to the dotted line (heavy resistance within the channel).
D4rkEnergY is a humble guy. But he is also fair, so at that time he had already called the incoming sloppy inverse HS pattern which meant, that it was just a matter of time, when we would break through the i HS neckline.
And as always. D4 was right!
At this very time a bullish flag pattern has taking form, and a new pole is starting to rise. D4rkEnergY will already tell you now it will rise higher. And we will soon hit 1,000 USD. If we take a close look, at the MACD the macd-line is bouncing on the signal line. The RSI is pretty high but not overbought yet. It has 2 options, and both of them are bullish. It will make higher highs, or it will end being an ascending triangle, and eventually break through
OUT
D4rkEnergY is everywhere
D4rkEnergY predicts everything
CADJPY finding support at 82.00CADJPY has been supported by the 82.00 level since the beginning of the month of April.
The RSI is showing a bullish divergence on the Daily chart, indicating that the last down move is exhausted and there could be some potential for it to go higher
Trade Execution
A safe entry would be for the price to break above the downtrend channel, let it come back to test the channel before going long. Patience is the name of the game for this pair.
Any break below 82.00 will negate my bullish bias this moment
