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Wavepatterns

Possible long-term scenarious for EUR/AUDThis pair is giving me some hard time in terms of its future behabiour. Despite the fact that I am pretty sure it is going to move higher at the moment I do not have a clear picture of when it is going to happen. This is why I have two bullish scenarious. Either it makes one more down move and then takes off like a rocket or it has already taken off and you need to wait for a retracement to get in. By the way the pattern under scrutiny is an ending diagonal.
Long
by AleksandrLombrozo
Possible ending diagonal for AUD/USDThose who are aware of wave patterns might want to find clear similarities between two encircled areas. The pattern under scrutiny is an ending diagonal which could bring AUD heavily down. Those who trade momentum indicators could turn them on and discover divergencies on 1H up to 8H. Even if the pair is eventually going up it will have to retrace some more which I want to believe will happen due to the consequences of this ending diagonal
Short
by AleksandrLombrozo
2
USDCAD Reversal - Cheap Canadian Dollar In demand Zone My Two Cents: USDCAD Will be looking to retest the 1.36 Level one more time before Supply over powers demand Weekly : Price Testing Cloud Zone - Rejected Once Daily: Price is starting to retrace from a daily consecutive bullish trend 4H : Reversal in effect 1H : Double Top Is Clear Now to confirm this sell, I will wait for a clear impulse down. Followed by a retracement of that impulse to form a ( Flag ) and then sell the Flag formation. Stop : 1.36200
Short
by VolcyWaveIntlx