Daily Archives: June 5, 2014

AUDCAD finds Support at psychological level of 1.0000

Price turns at Support of 1.0000 Month to Month price is still printing an Up. Previously there was a Head & Shoulders pattern which caused price to turn down. However price was unable to break below the strong psychological level of 1.0000 and saw this


GBPCAD: Multiple 1234 patterns in D1

Multiple 1234 patterns can be seen in D1 Month to Month, price is up with recent 4 months of price being flattish. Using the D1 bullish expansion at the beginning of the year as an upflow, we can see multiple 1234 patterns. Predominantly we can


GBPUSD: D1 WRMB leads to H4 1234 pattern

WRMB completed on the D1 charts With the close last week, price has successfully completed a WRMB of previous 3 months highs in the Daily charts. Price also retraced to retest one of the highs earlier in this week. Current support mapped is at the