CADCHF ALTERNATE BAT PATTERNHarmonic Pattern Trading Strategy:
1. Combine patterns with 2-3 confirmations (e.g., MA, BB, RSI, Stoch) for increased accuracy.
2. Implement proper risk management.
3. Limit exposure to 3% of capital per trade.
4. Exercise caution: Not every Harmonic Pattern presents a good trading opportunity.
5. Conduct thorough diligence and analysis before trading.
Disciplined approach = Enhanced edge.
Bulluish
GBP/NZD! LONG OR SHORT?!WELL WELL WELL.
Look at what we've got here guys, a real opportunity to go long!
Cool, so currently prices are approaching the 1.93000 Region and we may get the opportunity to go to the upside taking out prior highs and also penetrating the 1.95000 Region.
HOWEVER.
What seems realistic is that prices will head down to our support zone and may bounce of the key level to the upside or we run the risk of going to downside target of the 1.91000 Region . (KISS ON THE TREND LINE)
Whichever way this goes, you might want to look at your volume guys!
Be Safe!
AUDNZD |BULL's Ready to Kick off the week!Aussie Unemployment slated for Thursday.
Australia will be posting their Unemployment Rate and Employment Change figures on Thursday at 01:30 GMT, with a speech from RBA Governor Philip Lowe at 22:30 the same day. Aussie bulls will be looking for positive undertones in Australia's employment scene to begin pushing the RBA closer to rate increase territory, while disappointment in the numbers could send the Aussie retreating against the Kiwi once more.
Technicals
AUDNZD has crossed the 200D M.A with confirmation just need to broke the daily support at 1.0839X.
A return to a bullish trend will have to contend with horizontal support-turned-resistance coinciding with the 200-day SMA at 1.0840.
Set preferences to
Entry: 1.08144
Target 1: 1.08998 (+80 PIPS)
Target 2: 1.09992 (+180 PIPS)
Stop Loss: 1.07290 (-80)
have any doubts? than, let us know in the comment section below
and make sure to give this analysis a Thumbs UP +_+
Join our Telegram (link in BIO)
Source - General public Information!