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Posts Tagged ‘triple top’

GBPJPY bearish trend continues

GBPJPY analysis week 36 Recap last two weeks – In my week 34 analysis, I mentioned about triple top and bearish sentiment for GBPJPY and to watch for rejection or neckline break of triple top to short. In the beginning of 35 week , we saw a

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Private: Aussie at Critical Resistance!

Aussie at Critical Resistance!

Only registerd users (ie TerraSeeds Tflow���® graduates) can view this post. Graduates please log in with your UID and password that you use for Forum. Find out how you can be part of our privileged trading community. Email forex@terraseeds.com

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Indecision Point for GBPJPY

Midweek Round up The first half of the week saw GBPJPY broke above Week 15′s high, and added fuel to support the inverted H&S formation. However, GBPJPY could not break out of the inverted H&S neckline and the daily equidistant channel. As a result, we saw a

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AUSSIE on Possible Bear Move

The Weekly Chart of Aussie is gaining more signals for a possible Bearish Move. Below are the reasons for the Bearish View. 1. Last week, Aussie was resisted by 2009 High. 2. A possible Dark Cloud Cover formed on past 2 weeks. 3. A possible Triple Top

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A Review of FX Correlation of EURUSD and USDCHF

The recent 4-hourly chart of EURUSD and USDCHF shows that both currencies are negatively correlated. We posted yesterday on EURUSD having a possible triple bottom formation. It is observed that USDCHF made a triple top. Thus, it is worthwhile to analyze these 2 pairs together for your

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