Fxtradingzones
EURCAD Daily Support Analysis and StrategyPrice action is at a crucial point reaching a major daily support zone (red zone). Here we are looking for a reversal, therefore we are long and we will post updates with targets. GBPAUD
EURCAD Daily Support Analysis and StrategyPrice action is at a crucial point reaching a major daily support zone (red zone). Here we are looking for a reversal in price action, therefore we are long with take profits set on the green zones. FX:EURCAD
GBPNZD Harmonic Butterfly Analysis and StrategyWe are trading 4th leg of the predicted butterfly pattern which is also at major support zone. We are predicting price action to bounce from here to complete the pattern. FX:GBPNZD
GBPJPY Harmonic BAT Analysis and StrategyWe are currently trading the 4th leg of possible bat pattern that is forming on the 4 hr chart. We are predicting the harmonic pattern will be completed and a recent break of the yellow trend line has given the pattern and our strategy confirmation. FX:GBPJPY
NZDUSD Harmonic BAT Analysis and StrategyThis pair recently bounced off a major support zone and price action has recently broken below a major trend line trend line (yellow) as well. This trend line has become a support zone as well. We also see the formation of a harmonic Bat Pattern and we predict it will be completed. These are all bullish technicals and our strategy is to trade the 4th leg of the pattern. FX:NZDUSD
NZDJPY Weekly Technical Analysis and StrategyWe see price action consolidating into a falling wedge pattern, which is also a reversal patter. Price is at a crucial zone because it is at a major weekly support zone and also at the bottom of the wedge. Therefore, we are predicting a reversal from this zone.
EURAUD 1hr Harmonic BAT Analysis and StrategyWe are predicting that this harmonic bat pattern shown on the 1 hr chart will be completed. Price action is showing a downward trend giving the pattern confirmation. Our strategy is to trade the 4th leg of the pattern and we will post updated with targets. FX:EURAUD
AUDJPY Harmonic BAT Analysis and StrategyWe are currently trading the 4th leg of possible bat that is forming on the 4 hr chart. We are predicting the Harmonic Bat Pattern will be completed and a recent break of the yellow trend line has given the pattern and our strategy confirmation. FX:AUDJPY
EURNZD Harmonic BAT Analysis and Strategy UpdateHere is an updated chart on showing the predicted bat pattern harmonic pattern on the 1 hr chart. Price action continues to move as predicted and a recent break of the yellow trend line has given our strategy confirmation. Although, We are looking to see if price action will retest the trend before reaching our target. FX:EURNZD
USDCAD Weekly Harmonic Gartley Pattern Analysis and StrategyWe are predicting the formation and completion of the Gartely pattern as seen on the 4 hr chart. We are short here and our strategy is to trade the 4th leg of the formation with a stop set at the red zone. FX:USDCAD
AUDUSD Weekly Harmonic BAT Analysis and StrategyThis pair is currently trading at a major weekly support (blue zone) and is forming a Harmonic Bat Pattern. We are predicting the Harmonic Bat Pattern will be completed and we are looking for price action to move towards the upside from this point. FX:AUDUSD
EURAUD Harmonic BAT Pattern Analysis and StrategyWe are currently trading the 4th leg of a Bat Pattern that is forming on the 1 hr chart. We are predicting the harmonic pattern will be completed on the condition that the yellow resistance zone is not broken. FX:EURAUD
GBPAUD Harmonic BAT Analysis and StrategyWe are predicting the Harmonic Bat Pattern to complete as shown on the 4 hr chart. Price action is showing a downward trend giving the pattern confirmation. Our strategy is to trade the 4th leg of the pattern and we will post updated with targets. FX:GBPAUD
AUDJPY Harmonic AB=CD Pattern Analysis and StrategyHere is an updated chart on showing the completion of an AB=CD harmonic pattern on the 4 hr chart. Price action has found support at the completion of the pattern (the blue zone). Price has reached a major weekly support zone as well (red zone) signaling a reversal to the upside, therefore our strategy is to trade the reversal. FX:AUDJPY
USDCHF 4 hr Harmonic Butterfly Analysis and StrategyLooking at the 4 hr chart we see the completion of the butterfly pattern. Again, butterfly patterns signal the end of a trend and in this case is a signal to the upside. Our current strategy is to watch price action and take a long position in the green zone.
AUDUSD Harmonic Butterfly Analysis and StrategyWe are predicting the Harmonic Butterfly Pattern to complete as shown on the 1 hr chart, therefore our strategy is to trade the 4th leg of the pattern. FX:AUDUSD
AUDJPY Harmonic Bat Pattern Analysis and StrategyThe pair is forming a harmonic bat pattern and our strategy is to trade the 4th leg of pattern and we are targeting the green zones. FX:AUDJPY
EURAUD Harmonic AB=CD Analysis and StrategyPrice action has completed a ab=cd pattern on the 4 hr chart for this pair. The completion of the ab=cd pattern is in line with our short strategy therefore we added to our short position with take profits set on the green zones. FX:EURAUD
AUDJPY 1hr Harmonic Butterfly Analysis and Strategy Looking at the 1 hr chart we see the completion of the butterfly pattern. Butterfly patterns are a good indicator of the end of a trend. Also, on the 1 hr chart the weekly support zone and bottom of the falling wedge is clearly visible and has since bounced off of it. These are all bullish indicators giving our strategy confirmation.
AUDJPY Weekly Technical Analysis and StrategyWe see price action consolidating into a falling wedge pattern, which is also a reversal patter. Price is at a crucial zone because it is at a major support zone and also at the bottom of the wedge. Therefore, we are predicting a reversal from this zone.
GBPAUD Harmonic Shark Pattern Analysis and StrategyPrice action is retracing to complete a harmonic shark pattern and our strategy is to average up our position at the completion of the pattern. The 4th leg of the shark pattern is also a major resistance zone. FX:GBPAUD
GBPAUD Head and Shoulders Analysis and StrategyThe pair has completed a head and shoulders pattern, as you can see here on the 1 hour chart, which has signaled a move to the downside. Price action recently broke below the neck line, which now has become resistance, and price action is now testing that resistance level. We are currently predicting price action to continue to decline. FX:GBPAUD
