Goldenratio
Waiting for a breakoutShort term consolidation
Downtrend breakout
Possible breakout triangle
This is my general outlook on the pair.
Will be looking for a nice reward risk setup during the upcoming week.
Bullish Break From Monthly SupportI am looking for a buying opportunity at the monthly support on this pair.
A BOUNCE FROM LAST WEEKS HIGHWaiting for price to reject the 61.8% Level
Will short this to the breakout point.
Risk Reward seems good.
TRENDLINE BREAKOUT ON THE 4HRFalling Wedge on the 4 hour.
Trendline has been retested on the 4 hour.
Bullish Trend Reversal?Waiting to go long on the retest of the trend channel.
A falling wedge seems to have formed on the daily so this pair looks bullish in the bigger picture.
This is a simple short term trade setup.
END OF EUR USD BEARS?Looking for a potential reversal pattern to trade to the upside.
Keep an eye out for a breakout from the trend channel.
GARTLEY FINISHING ON C TO D LEG LOOK FOR POTENTIAL SHORT
C TO D LEG SETUP TO FINISH FOR GARTLEY PATTERN LOOKING TO SHORT AT END OF D LEG
NICE FIRST PULL BACK WITH 61.8% RETRACEMENT AND SECOND PULLBACK WITH 50% AND THE FACT THAT 78.6 AND 1.272 LINE UP SO NOICE SEEMS LIKE GOOD GARTLEY SETUP
Bullish Flag on the Daily GBPJPYHere are my Thoughts for the coming weeks.
Lots of good Fibonacci confluence, to many levels lining up to be ignored imo.
So to start we have some basic patterns forming
Bullish Flag, we have had out impulse leg up and come back to the 382 retracement which lines up with previous structure resistance which could turn support.
The flag could do a, a,b,c,d Harmonic move which does line up with the 1.618 of a fib extension. The 1.27 level of this extension also lines up with the 1.618 of the fib inversion.
looking at the weekly highs and doing some fib retracements we have a 618 and 786 also line up with the 1.618 and 1.27. This general area was a previous are of structure support.
We are also in the Oversold area RSI
Lost yet? for me lots of little bits lining up which is building a strong case to the upside
There are a couple of key levels In Blue which are going to be areas to watch if price moves up.
Of course it could retrace further to the downside.
Good luck and Trade Safe
USOIL potential Bullish gartleyLooking pretty harmonic here!!!! $42.70 looks like good support on the 4h chart. Might look for a bounce off of the.618 retracement or a move down to point d with a potential reversal zone of $41 to $41.75
EURUSDLooking at a long entry once I get a candle over candle confirmation off of the .618 retracement of the 26 July thru 2 Aug Elliott 5 wave swing high and low. Initial take profit at the 1.272 extension @1.13011 Stoploss set just below the .618 retracement support level.
BEARISH BAT PATTERN ON NZDUSD / GOOD RISK REWARD / WITHIN TRENDUpdate on NZDUSD: Coming right into previous resistance which is typically a good way to look for a shorting opportunity. In this case the market gives us a bearish bat pattern at the 88,6 %Retracement from X-A. Moreover the Completion point D lines up perfectly with the 61,8 % Retracment from Swing High to Swing Low.
Targets and Stops as shown on the chart. Make sure it fits your personal trading plan!
Have a great weekend!
Website: www.ogtpartners.com
Twitter: goo.gl
Facebook: goo.gl
Potential Pattern Setups EURUSDPotential Butterfly pattern in confluence with strong fib ratios, which also can make a potential head&shoulder pattern. If we spike down, we will enter a big demand zone of the daily around 1.09. This gives us opportunities for a nice long entry again. Short term short. Long term might be long.
Potential Harmonic SetupsSome setups on my radar, inclusive a alternative option.
Super Mario might push it up today or not...
I see that for reason TV replace my B leg of the big bat to a weird position, but the landing of the D leg is still valid.
Phidias' Cypher -- How BTC works since 2014Above chart screwed up by update, fixed version:
______________________________
A way to predict not just time and price of the next bottom but also the target of the bounce to follow, you've asked for? Well there you have it!
I have been trading this phenomenon for a few months on smaller timeframes already and it turned out my orders in January weren't that poorly placed either. Waiting with bated breath on whether it's going to play out once again today!
On the right you can see the path BTC is going to take if it cannot break out of this matryoshka in June, riding down the channel on another and possibly even a third wave, eventually coming to a halt at the cross of channel's and history's strongest support, the $50-$60 zone.
First calculation: target of correction
Second calculation: next bottom
Phi = golden ratio conjugate (0.61803)
