Review 01.12.2022
FaDHello all, so far my predictions of a smooth exit from where we are are are coming true, currencies are slowly returning to their usual sideways, but it takes time.
So. USDCHF, I wrote in my diary above that it still gives an opportunity to trade, so far events are developing as follows:
On D6 you can see the struggle of forces and the decision-making, confused only by the fact that it all happens after the impulse, it is in the TS: after the impulse price should go, to cool down and only then make a decision, if not but
BUT, consists on D5, in the form of a forming pattern of MSM
Which is confirmed on D4, already too many hints
I would like to see a concrete short signal, but I think it will run away without warning.
GBPAUD plans to close the week as a pattern And, if it reaches 1.7610, it will be a great opportunity for shorts. This will serve as an additional momentum to strengthen the bullish sentiment on the GBPUSD major, because everyone knows that these two tickers go in a mirror pattern.
AUDUSD, there are hints to go long, although what hints, he directly says
Remind you of anything?
Yes, yes, the figure of technical analysis - a double bottom (oblique), mark the neck, waiting for the retest and trade long
EURAUD, nothing interesting, some sideways, filled with impulses and uncertainty
But it's worth a little wizardry
There is already an external bar, which overlapped three candles, probably still will overlap. Again to the correlation, EURAUD is mirroring AUDUSD, which means another additional confirmation for the XXXUSD about the long movement.
AUDJPY, in its usual form, is as usual stupid
On the left we see brakes (shadows upwards indicate unwillingness of the price to go long), then a struggle of forces. Given the movement on AUDUSD, I would like to see December in the longs with the possibility of opening a big long, we'll see.
S&P500, easier than it seems, expanding triangle, waiting for the retest on the lower TF and go to 4300
That's all, bye everyone https://t.me/dnfad - trading ideas
https://t.me/mslfad - reflections on typical trader's behavior
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