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Fibonacci-trading

BULLISH BAT EURJPYThe EURJPY has been in this trading zone between the 122's and 124's for quite some time now. The question here is whether it'll break the resistance levels to go higher into the 124's or it'll break below the support levels as shown on the picture. As long as we keep in this zone advanced patterns will keep showing up just like this bullish bat setup. When this pair drops into the "killzone" i'll be looking for bullish indications such as a doji candle or a bullish spike candle to get long on this. This bullish bat setup contains two fibonacci based target points and a stop loss below X. Make sure to follow me to keep updated with these kinds of ideas. For now good luck trading everyone!
Long
by TradingFellow
3
Gartley Pattern, Gbp/Jpy, 15minherre we see a fairly solid gartley pattern on the gbp jpy charts. like all gartley patterns , I expect the market to complete the patteren , and then continure to rally to the 1.618 extension of th BC leg. I have support form the linear regression channel, which suggests that the market is low, and should rally back up into the positive deviation. I have places my entry at point B , my stop at point X and my limit at the 1.618 extension of the BC leg. Thanks for checking this out, dont forget to like comment and follow for more Forex updates. As always Good trading !
Long
by Kylan_Laymance
Weekly outlook on EUR/AUD Bullish Bat pattern (orange) has formed and i'm looking for a bounce at the .886 retracement from X to A leg. Price is currently at good structure and historical support as well there is a confluence between the .886 retracement and 2.24 extension which gives highly confirmation of this pattern playing out. This is only a countertrend trade. EURAUD have been making higher lows and lower lows. If price can make it down to 1.298 and 1.287, we may also see another bullish reversal at the Bullish Crab Pattern (yellow). Plan your trades, and trade your plan. ****************************************************************************** For inquires of education, live trading room, or prop trader funding email epicdaytrading@gmail.com Skype: epicdaytrading PH: +1 940-448-0281 ******************************************************************************
Long
by Yuba_Tamazgha