GBPAUD long bias monthly perspective from daily charthi,
there is an uptrend on this asset. price swinging upper 0.61 fib extension level, thats nice cuz price now above the 0.61 fibonacci retracement of 3 years. thats sense bulls are on control.
i think price will range at upper level at august which 1.95-2.00.
if needs a demand i think the changed 1.9 level is will be work as key. it has a nice bullish candle from price. high volume level of the trend inside of trend is at 1.9 level.
i ll looking for gbpaud's bullish signal this month.
Harmionics
POTENTIAL SHORT (BEARISH CYPER APF) H1 (TF)POTENTIAL SHORT (BEARISH CYPER APF) H1 (TF)
*W4C IS THE BEST WAY TO ENTER
Abbreviations / Keywords:
LTF - Lower Time Frame
HTF - Higher Time Frame
TF - Time Frame
TRS - Trend Reversal Strategy
CRT - Counter-Retail Technique / Break-out
APF - Advance Pattern Formation
W4C - Waiting for Confirmation
LLCC - Lower low, lower close
HHHC - Higher high, higher close
SL - Stop loss
TP - Target Profit
POR - Point of Ruin
RRR - Risk Reward Ratio
Risk Disclaimer: This is not a trade signal hence we'll not be held responsible for any losses that will occur in your account during trading. You and you alone are responsible for deciding if you are comfortable accepting the potential risk involved in trading. So trade at your own risk and do not invest money you cannot afford to loss..
Strong Possible Buy Several confirmations pointing in that direction But there ultimately waiting on price action whether it happens on the support or ceiling. Marked as a neutral signal due to confirmations in both directions. Honestly, Id rather react to the market than to try to predict it. I have directions for you for either way the market goes.
Waiting for the break of support or Resistance on 1 hr
The retest of Support/Resistance on the 1-hour candle or Higher Time frame
2 consecutive 15 min candles in initial breaks direction
Projected Entry for Buy
EP 72.771
SL 72.566
TP1 73.021
TP2 73.169
TP3 73.510
Projected Entry for Sell
EP 72.344
SL 72.549
TP1 72.094
TP2 71.935
TP3 71.764
I have confirmations for both directions. So this is a Neutral call I will be moving in either direction after price action.
How to read my chart
TP's are marked in Green
Zone is marked Orange
hover over note pins for price action Entries
Bearish Crab Pattern(possible)From a technical standpoint this pattern can be considered a bearish crab but not a perfect one. Specifically the B point is not a precise 61.8 retracement.
From a fundamental standpoint there is a "risk on" attitude with eur(french elections) and aud(CPI - Friday) and so the JPY is being sold.
Can you infer or confirm my assumptions?
bat advanced patternsHey, mates. We have back to back bat patterns here. The first one almost hit the target one and then retraced back to the entry point. No we have a second attempt. If it plays good and the tragets are reached then the second bat completes. Second bat provides us a short opportunity. Have a look at comments. I will attach a screenshot with entries, stops and targets as they look in my platform. Have a nice day.
NZDUSD Potential Gartley pattern with trendHere we got a yet another Gartley pattern with a little bit better Risk : Reward than the previous one. The stop placement is kind of a compromise, it should actually be above the las structure high, where i got the circle but it will make an inverted risk reward to target 1.
So let´s hope the Greek nightmare decissions will not kill us on this Kiwi trade in the comming week, there is a lot of news, so look out!
Kind Regards
Thomas Jeff