Hamronics
GBPCAD a la bajaEsperamos para entrar en short / ventas en GBPCAD
Tenemos dos patrones convergiendo en la misma zona de ventas
Nuestra entrada recomendada es en el OB y 0.88
Entrada en 1.31250
colocar SL en 1.3403
Take progit en 1.25805
Veremos como nos trata el mercado.
Saludos y que tengan excelentes trades!
EURUSD Potential Shorting OpportunityHello Traders,
We have a potential Gartley pattern forming on this pair completing at 1.606.
Price has currently been moving sideways on the daily time frame.
Looking at the weekly time frame, in the near future I am expecting a break of this sideways movement and a continuation downwards.
We also have a few other confluence factors:
1. Minor resistance
2. Potential trend-line resistance
3. AB=CD harmonic move in our potential reversal zone
4. RSI approaching overbought conditions
I will be keeping a close eye on this pair.
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Huge false break to the 61.8 Fib level The news about 888 buyout (and later the news about the proposal failure) made the stock spike above the weekly 61.8 Fib level, which was also a major structure resistance zone.
Currently 888 still finds support on a small weekly structure zone (140-150), but judging by the daily price action, we could see the price breaking this support zone in the near future.
The confirmation will be below 135
Potential targets are the previous lows and the 200 SMA line
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