Scottcarney
EURUSD - Potential Bat Pattern on H4I see a potential bat pattern forming, as well as a possible triple top situation as PRZ is at the previous 2 rejected areas.
R:R at 1.2 (TP1) and 2 (TP2).
Please note that the FOMC and federal funds rate are coming up in less than 2 days, please trade with caution.
I will update if pattern completes.
GBPAUD - Shark Pattern Completion on Daily ChartA potential bearish shark pattern spotted another GBP pair.
RSI is already at overbought level, but we shall observe when market opens next week.
PRZ is at a good daily resistance level.
R:R at 2.9 (TP1) and 5.2 (TP2).
I will update if pattern completes.
GBPCAD - Potential Dual Pattern CompletionTwo potential bearish patterns completing at the same time :
Shark pattern in yellow (Spotted on both daily & H4 Charts), Crab pattern (spotted on H4 Chart) in light blue
R:R shown is for crab pattern : 2.5 (TP1) and 4.5 (TP2).
I will update the R:R for crab pattern as well both patterns complete. Stay tuned.