PRZ as AB=CD on EURUSD to buyThere's an ideal AB=CD pattern on EURUSD formed on 30 minutes time frame. I think it's a good idea to buy, but to aim to 1.05100, SL can be low (1.04500). This is an ideal AB=CD because it has proportions 0.618 retracement and 1.618 projection.
Do you have any other ideas? let me know on the comments.
Harmonicforex
Thoughts on AUDJPY (Bearish position)There's a gartley pattern at the moment. The market has been kind of bearish since the top high made on daily. I think the market will go to TP1 and TP2. Target 1 would be 89.680 and the second target could be 88.79 which are harmonic ratios. Also ir seems there's a small M (double top) pattern in lower time frames on AUDJPY.
Do you have any other ideas? Let me know on the comments.
Thoughts on EURCHF (Bearish possibility)Last week we found a bearish Gartley pattern that hasn't gotten to the TP1 yet. Since that day, the market has been showed a bearish market on daily time frame. Now on 1H time frame there's a chance to sell when the price completes the AB=CD pattern or the harmonic pattern which is the bat pattern. The PRZ is located between 1.0445 and 1.04625. I'm expecting a reacting on that zone and an entry when the market shows candlesticks pattern or bounce and then started its rally to the TP. Expected TP would be 1.038 and the other TP would be 1.03518 (which is the gartley pattern frist target).
anyway, I still consider this market bearish at the moment. Just wait for the price to get to the zone and tell us to entry.
Do you have any other ideas? Let me know on the comments.
PRZ as Bat pattern on CADJPYThere's a bat pattern in develope with an AB=CD. The price has been bearish lately and it seems to react to the zone. I expect the price to get to 99.415. The AB=CD pattern has similar price range and time lenght.
Do you have have any other ideas? Let me know on the comments.
GBPJPY > Wonderful Head and Shoulder Pattern!!Analysis of #GBPJPY
the GBPJPY forming a wonderful bearish head and shoulders pattern, I am awaiting to see if we get a break of neckline resistance and a valid reason for entry to get in a short trade if it meets my rules for a possible continuation to the downside
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
GBPJPY > Head & Shoulders Break, Looking for A Sell..Analysis of #GBPJPY
I posted before that I see head and shoulders forming on GBPJPY , now it has been confirmed and the GBPJPY broke neckline resistance I am looking to sell, I explained in my previous analysis if and when the market retrace to test its neckline and provide a reason to get it a sell trade
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!