PAIR: USD/JPY
TTF: 1HR
TRADE: 2-618 + BAT PATTERN
NOTE: These are potential Trade opportunities based
on my own personal Analysis.
Thank you,
Star Prosper
Philip Stewart
PAIR: NZD/JPY
TTF: 1HR
TRADE: BAT PATTERN
NOTE: These are potential Trade opportunities based
on my own personal Analysis.
Thank you,
Star Prosper
Philip Stewart
This pair is making a nice flag after breaking to the downside. The consolidation has been going for long and the next down leg will be trade with good risk to reward. This is also similar to the AUD/JPY.
*These trades are based on my analysis and is my personal idea. Not a recommendation to buy or sell. Please use your own strategy.
If you have any questions...
AUDJPY does not seem like it will make a harmonic pattern. It has broke the upward trendline. There is still room for it to go up to complete the pattern. But since the trend channel is broke, I will be looking to short after a retrace.
GBPUSD pair is probably forming a bearish Bat pattern with three legs already completed. I expect a beginning of a new leg up which would mean the last leg of a bullish correction before further decline for the Pound.
Will open a long position at the nearest dip, setting a Stop-Loss order at 1.19 and Take-Profit order at 1.3350
P.S. Notice a curious candle on a...
The AUDNZD 's downtrend has been broken and a descending channel / flag has now appeared and broken as well.
To me that is a perfect setup for a long trade.
I expect it to go the top of the downtrend. However, I have put in a few targets along the way.
