Hello fellows. Here on NZDCAD I am expecting to see a reversal pattern forming. Keep a close eye for the move up.
there is a potential gartley pattern forming, and it completes around at 1.7000. PRZ is being drawn on the chart. In that zone we have several confluences such as fib retracements, extentions and AB=CD harmonic moves. So it is good opportunity to go short if it meets your trading rules and entry requirements. feel free to comment! thank you Sam
We have another bat completing while writing this. The previous 2 bats caught today did not hit home with dollar strenght pushing both gold and eur down. Lets see if we can fly with this bat, third time is the charm. Bat, oversold conditions and a nice round number (1.00000) is reason enough for me entering this.
EURGBP is forming a butterfly pattern. Keep in mind that butterfly patterns often is countertrend trading, therefore use a stoploss.
Nearly matching highs after a long correction with pretty decent mirroring between descending and ascending periods (within the "cup"). Price has already retraced 38.2% of the cup, which measures the total retracement off of the all-time high (ATH). The fact that price tested major structure support at that level is supportive of the possibility that the...
Price at the moment is correctively rising so what I am expecting to see of this pair is that price is going to fall soon. We are currently seeing divergence on our MACD which signals a reversal may happen. Good luck and safe trading.
AUDNZD SELLING OPPORTUNITY ABCD PATTERN
NZDUSD has created an impulse to the downside and has broken two areas. Expect a corrective pattern to further form. Enter short on the next impulse. Good luck to all.
There is divergence on MACD and we have a pattern setup. Look for a sell at the top and see if we get a break at the bottom. Good luck to all
letZtry;) 4HR EMA seems saved the bears but i prefer this direction atm:)
300+ Pips BUY Good Luck! KEEP THE RADARS UP!!!
Break out pullback levels provided...plenty of time to grab a few pips! 50+ Pips BUY Good Luck! KEEP THE RADARS UP!!!
Expecting a bit of relief from this dollar rally soon with this BAT formation followed by a push beyond the BAT to a BEAR CRAB... Good Luck! KEEP THE RADARS UP!!!
I believe we will hit target 2. The rest is speculative! If we break T2 SELL the BAT. If we reverse at T2 be prepared to SELL the trend line break lower. 40+ Pips BUY remaining to T2 Good Luck! KEEP THE RADARS UP!!!
Hey all, Here is a potential Bat Pattern setup on USDJPY 4H chart. It's currently at a decision point that I play close attention to. We are currently at the B structure zone and the market is putting up some resistance. I like to pay attention to this zone as if we do indeed break and close above this level there is a much higher chance of the trade...
As we know the volatility index VIX is inversely correlated with the market performance – the higher the VIX, the lower the market. Currently VIX is at record lows and the question how long it could stay there is relevant to many investors. On the chart I have marked an interesting relation in the VIX - a cyclical patterns. Some of my findings: 1. Spring months...