EURJPY > Possible Move to Move to The Downisde!!Analysis of #EURJPY
The EURJPY tested its trendline resistance and now moving to the downside, still not a lot of interest in buying yen at this point, but we can expect the market to start moving to the downside very fast if we start getting signs of a weak dollar.
I am waiting for confirmation to get into a small sell trader if the rules for entry are met
Thanks for your continued support!
Harmonicpatterms
HNTUSDTHello friends
If the downward trend of the price is below the $5 range, the probability of forming a trend similar to the drawn scenario is high.
As long as the loss limit is respected, we can make a good profit.
What do you think?
CAD/CHF: Bullish butterfly harmonic patternI found out that Canadian Dollar/Swiss Franc forming a bullish butterfly harmonic pattern with the correct measure using Fibonacci for harmonic. But I see that CAD/CHF as forming this bullish perspective. I believe that CAD/CHF will continue drop, yes drop but doesn't drop as I expect because we see a wick of manipulation zone that institutional are interesting to buy this forex par.
I show clearly the rejection point, and also in H1 you can to see better as in H4 timeframe, because the drop was stopped and doesn't make a drop in the price, just a wick of rejection in that zone.
Also, there's a good opportunity to buy now CAD/CHF. I entry in the 2nd trade and entry to $0.7481 CHF, Stop Loss to $0.7452 CHF (27 pips) and take profit of $0.7530 CHF (51 pips). In my first trade I entry around $0.7486 CHF, For update, I put the same Stop Loss #0.7452 CHF (32 pips) and take profit of $0.7530 CHF (46 pips) This it's a risk/benefi 1:1, but have a lot potential to reach our target.
Good luck!!!
$BOXD Next Target PTs 3.25-3.40 and higherBoxed, Inc. operates as an e-commerce retailer and an e-commerce enabler in the continental United States. The company through its e-commerce retail service provides branded and private labelled bulk pantry consumables, such as paper products, snacks, beverages, cleaning supplies, etc. to B2C and B2B customers, vendors, and enterprise retailers, as well as household customers. It also provides Boxed IQ, a content management suite, programmatic cost-per-click ad-platform, and vendor portal data suite, that offers vendors, suppliers, and CPG manufacturers the ability to advertise their products to customers, and access customer data and feedback in real-time; on-demand grocery services; and an enterprise-level e-commerce platform. Boxed, Inc. was founded in 2013 and is headquartered in New York, New York.
Potential Long Bullish Bat APF H1 TFPotential Long Bullish Bat APF H1 TF
HTF D1 showing us temporary retracement,lets see if the trend continue
Forming Bat pattern in LTF H1 is good entry but we must wait for confirmation
reminders:Trade @ your own risk
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..
USOIL 4hr Its all about the wave structures!
As a Technical Analyst I identify patterns and harmonics to give us a higher probability of an outcome before they happen rather than talking about it in hindsight!
Here you can see on the 4hr chart the Bullish Bat Harmonic with a type 2 return underperforming and maturing into a Bearish Bat Harmonic that has a PCZ OF $114.72
EURAUD Weekly chart : Basis of my analysisI see a Bearish Bat pattern completing around the 1.6250/6300 levels. This recent move up is mainly due to the the movement of the AUD rather than the EUR.
President Trump pushing for a tax on the US$200B China imports towards the end of last week was the probably the root cause of the AUD weakening significantly. AUD is the closest proxy of all the G10 currencies to the Chinese economy or the Chinese Yuan.
With this strong up move on this pair, I am expecting it to take a while for the price to play out, form reversal pattern and complete the Bat Pattern at the same time. This will give is the opportunity to take the short trade. Let's be patient and monitor this pair. Well.... anyways.... this is a weekly chart we are analysing here.