weekend charting , page-53

  1. 2,810 Posts.
    Rob, you are like the olympics, beat ever!

    For the best picks of todays charting

    IPL, FTE and MGR but still studying.
    I plan to buy one this week.



    After a heavy day of charting,
    this is the best I can do to explain.

    Currencies

    Long post but a journey worth the walk.

    Just exploring friday against the big picture.

    If we look at weekly charts of pairs and compare to
    equities, what do we want to see?

    My guess is for this to rally.

    AUDJPY

    The weekly has a breakout.



    How did the 15 min handle fri night.

    With a big jump. Just went and went.



    Now look at the difference to the USD

    AUDUSD

    Weekly wants the same rally.

    Flag pattern is working imo.



    How did go fri night?

    Not much. Test break out highs.



    Now a strange one. Just realised how important!

    CHFJPY

    The weekly shows that we want it to rally.



    On fri night it rallied.

    A big effort to be weaker than the CHF.

    Knew it was coming and no hesitation. Just rallied.



    How weak was the CHF?

    AUDCHF

 
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