Gartley Pattern Let's see if we can make some pips earlier in this week.This Gartley appears in this tf but if you see in the Daily chart this pair is in a support level , if the price hits target one ,then i close the half of the position, adjust the stop loss to break even and then we can wait without stress to see if price hits target 2 .
SGDJPY
SGDJPY. BULLISH AB=CD PATTERNHere we have a beautiful high probability bullish setup
A nice bullish AB=CD pattern
Potential Major price rejection at 79.942
Potential target 1 at the 38.2 FIB at 80.450
Potential target 2 at the Minor price at 81.000
Trade safely guys !
(For me, trade will be taken if price goes outside the Bollinger bands & RSI overbought/sold)
SGDJPY. BULLISH CRAB AND BAT PATTERNHere we have a 2 beautiful high probability bullish setup
A nice bullish Bat pattern (blue)
Potential Minor price rejection at 78.818
Potential target 1 above the Major price at 80.146
And a nice bullish Crab pattern (red)
Potential Larger price rejection at 77.359
Potential targer 1 above the Minor price at 79.251
Trade safely guys !
(For me, trade will be taken if price goes outside the Bollinger bands & RSI overbought/sold)
Nikkei: Low risk short setupThe Nikkei is currently in a 10 week decline and hasn't reached its target.
Today we observed a sharp retracement thanks to crude oil's short covering spree, and a very dovish Mario Draghi, sending ripples through the global markets.
I expect the move to the downside to continue, after the Vix fell for more than 7 points.
There are levels of support to be tested below, so I'd aim for the lowest one ideally, and remain short, or add to shorts here (or open new shorts if not in this trend).
For more information on setups, analysis and matters relative to the services I offer, contact me privately.
Cheers,
Ivan Labrie.
USDSGD: Correction over?Interesting developments in this pair, unlike SGDJPY, seems like the uptrend can resume from here.
Price found support at a strong level from the previous uptrend, and came down forming 7 waves, an ABCXABC correction.
If we see a move off this consolidation, which is strong enough, I'll try to go long asap.
Good luck!
Ivan.