hello mt friends ...
1. continuation pattern is forming here looking for a sell
2. watch price action here if breaks out look for a continuation pattern and sell
DO NOT FOLLOW MY TRADES BLINDLY
price clearly bounch out from support and about to long i did not encourage you to open this trade now just wanna tell you watch for breakout later anything can happen
storng weekly support and trend line
happy trading
entry @ 116.78
traditional targets fib retracement .382 & .618
good luck and good trading
any and all comments, likes, etc are welcome
trade your plan!!!
Bullish Crab + Majort support + Bollinger Bands + Low RSI / Stoch
The pattern is shown for confirmation. I don't think the D point is going to be hit, so it's between a crab and a bat pattern.
The strength of the Swiss Franc has taken the majority of its pairs south over the past few weeks. On this pair in particular, price is WAY oversold! In addition, if you take the love from the bottom of the wick at this pair's previous low and draw a trend line to the X point, the 0.786 retracement required for a cypher pattern fits onto the trend line almost...
If you glance at the daily chart for this pair, you can clearly see that price is rising in a channel formation. However, the recent high has met the same resistance as the previous high at 1.03. The strength of this resistance would provide a good entry for any bearish harmonic pattern.
With that in mind, from the most recent high, we have a bearish 5-0. Going...
Hi everyone,
EURAUD has closed above the trendline, but is failing to continue its way up.
Considering the fact that i believe NZDJPY is going to shoot up, i believe EURAUD is going down, since it has a high negative correlation; meaning the pairs move in opposite directions.
You can sell if you have a clean H4 close bélow the trendline. Or wait for it to...
