Formation
XRPBTC Symmetrical FormationI will wait for further confirmations but it looks like a good momentum squeeze opportunity is forming.
EURJPY BAT pattern formationgood day traders
we have now a great potential for shorting after this long position of the bat pattern formation
as per the showing chart
AUDCAD - Sell Opportunity - Wave 5AUDCAD is finishing a perfect Elliot wave formation. Wave 5 looks like it will continue down to previous lows.
Possible formation is a rising triangle. Alternatively, it can Possible formation is a rising triangle. Alternatively, it can be a double peak formation.
Wait and see.
Butterfly formation at 121 even number supportHey, mates. Here's the butterfly that was already triggered with my broker. Watch the full analysis sample video in the signature section. It explains everything. Visit my website and hit "learn the patterns" tab to get access to free educational content. Good luck.
Potential bearish Cypher pattern.Potential Cypher completion at 1.34974.
Target 1: 1.3444
Target 2: 1.3411
COPPER SHORT! Back 2 Back?Previous Gartley on COPPER worked out great! Second Gartley has formed and hopefully we will get 2 out of 2. RSI going overbought (82.9) and copper still trading within the triangle gives us extra confirmation for a short.
USDJPY Short setup (Cypher formation)USDJPY broke the downwards channel earlier, now looking for an retracement of at least 102.591.
Bearish formation wait for D completion within PRZ around 88.6%
good amount of confluence Resistance lvl lining up with 88.6% fib
stop loss 40 pips above entry
look to target towards the 0.75332 trail if needed and next towards 0.73921
NZD/CAD - LONGAnalysing NZD/CAD on the daily TF we can see an inverse head and shoulders formation completed and a potential break of the neckline reaching new highs. Upon a successful break of the neckline we could see a huge bullish movement up to the 1.01-1.02 level.
Trade with care.
GBP/JPY: ANALYSISYou can see that the consolidation shows we are in a bullish behaviour however the descending wedge formation portrays that GBP/JPY has the potential to pattern out and perform a bearish move in order to keep supply and demand flowing. The bearish flag pattern has been identified as this correlates with the potential channel. I believe that the trend will create corrective waves towards structure levels as the potential target point is in line with the lower lows in which could be a signal to go long.
USD/CHF - INVERSE H&S?Potential inverse head and shoulder pattern forming on the 240 TF, will be looking for a bearish RS down to 23.6% fib, then a bullish leg up to the monthly TL and look for a possible breakout. Just an idea on the current price action, let me know your thoughts!
EUR/GBP ANALYSIS WEDGE PATTERNS, POTENTIAL TARGET POINTS.Wedge pattern broke, the continuation of the trend must carry on moving, I believe the trends movement would be slightly bullish as the euro is gaining strength. I have placed targets of where the trend may roughly go. The current potential bullish wedge may be giving the trends formation in where the type of movement would be directed.
Current point: 0.8663
Opening point: 0.8680
Target point: 0.87040
Exit point: 0.8587
