Hi traders, On this USDJPY we can see a potential AB=CD=EF pattern forming. Price movement is known to make the same move over and over in the market, that's why I love this method. Entry: 111.853 Stop: 111.088 Target: 113.426 = R:RR 2.06
Hi traders, On the XAUUSD 4H chart we can see that price made a nice AB=CD pattern, causing a small correction. I'm expecting the same thing to happen at the completion of the CD=EF leg. Entry: 1174.02 Stop: 1181.98 Target: 1157.23 = R:RR 2.11 Good luck guys! I will be updating this chart as time progresses.
Hi traders, On the GBPJPY we have an AB=CD=EF pattern forming, which completes at the recent swing high. Entry: 145.172 Stop: 145.643 Target 144.300 = R:RR 1.85 Good luck guys :)! Updates will follow.
Hi guys, On the USDCAD 1H chart I'm looking to enter short at 1.35546. Chart got a bit messy with the fibs. At this price the AB=CD=EF pattern will be completed and we have a 127.2% Fibonacci extension and a 200% Fibonacci extension at this price. Entry: 1.35546 Stop: 1.35918 Target: 1.34992 = R:RR 1.49 Good luck! :)
Hi traders, On the daily EURUSD chart we can see an AB=CD=EF pattern forming, that completes at previous structure. Entry: 1.08566 Stop: 1.07461 Target: 1.11332 = R:RR 2.50 Good luck! Updates will follow.
Hi traders, On the daily NZDUSD chart we can see an AB=CD=EF pattern that has nearly been completed. I will enter slightly below that, at the previous highs. Entry: 0.72961 Stop: 0.74263 Target: 0.70000 = R:RR 2.29 Good luck! Updates will follow.