Bearishtrend
EURUSD : Bearish Trend Continuation setupAs we can see in the chart we are having clear bearish trend in EURUSD and its making newer lows.
There is retest of support turned resistance zone, where we are placing our entry orders to short EURUSD.
If you are looking for longer targets you can book around 1.1150's with trailing your stops
I had this one in my radar today morning thought that I have posted already just noticed I didn't.
Now the market has moved little away from entry zone but still offers good risk-reward for Entry.
Do me a favor guys,comment whether this font is readable ? or too big ?
Happy Trading !
AUDCAD 4hr bearish Gartley patternClean Bearish Gartley pattern setting up on 4hr chart. B leg has
been breached during Friday's trading session making it a good
time to place orders.
This bearish Gartley is forming within an underlying downtrend
so more aggressive traders may opt for extended targets. A retest
of the A point or even a 127 inverted extension of the AD leg are
some ideas for extended targets.
NZDUSD: Harmonic SellGood morning everyone. Today we have a sell setup on FX:NZDUSD . As we see there is a very nice triangle with key support and resist levels and the bearish gartley pattern which completes at the triangle structure zone @0.6487. It is a very nice short setup as the trend is bearish these days. Our R/R is very good with 2 targets as shown on the chart. Stops should go above the Red Zone.
Green Luck
EURJPY: Harmonic MovesHere on FX:EURJPY we have a very nice harmonic moves inside the channel. This is so called 3-drives pattern and we have a very nice trade setup to go short. The structure and harmonic moves gives us the clear opportunity to sell. Our target is the next support level @ 134.72 with the confluence of fibs 50.0, and stops go above previous lower high. Note, that we are in a bear market right now.
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