Target1
USDCHF: UpdateI've hit my first three targets after calling the short on USDCHF a month ago on August 21st. I had mentioned that getting to Target Three was going to be more difficult than targets One and Two. Nevertheless, the current Bear on this pair is firmly in place and there is still room on the downside as global markets are displaying a more risky appetite.
I'll be playing this one all the way to the bottom. Don't know exactly where that's at, but I've put in at least three more potential targets (Orange dotted line).
USDCHF LONG Trade UpdateI've been writing about the USDCHF since March 2nd , where I mentioned that the Swiss looked like it would start giving up ground to the US Dollar. My analysis was correct and I've been LONG the pair with at least one contract since February 26th at 0.93878. Currently sitting on +127 pips profit and nearing my Fibonacci Extension Target Zone (Green Rectangle).
On March 12th I updated my analysis , stating that a pullback to the bottom of the channel was probable and that turned about to be accurate. Price is oscillating around the 0.947 mark. Also, price is right up against the 38.2% Fibonacci Retracement from the October 27th to February 16th low.
Tomorrow I'll be watching price action. Today's Engulfing candle could easily be wiped out as a flood of sell orders are triggered
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 .
BTC/USD Triangle escape or the forming of the Great VI'm pretty sure, that our movement is good enough atm. We passed the triangle resistance at 2150. Some changes made since the previous post and thats the way we go. The great V is forming right now. Our first target is 2400. Wish you big profits. Waiting for your comments, thank you.
XAUUSD / 4HR / BAT PATTERNFree Training Tomorrow: www.starprosper.com
BAT PATTERN
PAIR: XAU/USD
TIME-FRAME: 4HR
TRADE: BAT PATTERN
Waiting for price action to come up and hit our
D-Point completion, on this Bat Pattern, we're now
filled for a potential move to Target 1 and Target 2.
NOTE: These are potential trade opportunities. Please
re-analyse the trade before executing.
Star Prosper
Philip Stewart
WEBSITE: www.StarProsper.com
FACEBOOK: facebook.com
YOUTUBE: www.youtube.com
GBPJPY / 1HR / POTENTIAL BAT PATTERNBAT PATTERN
PAIR: GBP/JPY
TIME-FRAME: 1HR
TRADE: BAT PATTERN
Looking at the GBP/JPY on the 1HR time frame,
we have a potential Bat Pattern setting up close to completion.
NOTE: These are potential trade opportunities. Please
re-analyse the trade before executing.
Star Prosper
Philip Stewart
WEBSITE: www.StarProsper.com
FACEBOOK: facebook.com
YOUTUBE: www.youtube.com
EURUSD: Great Sell SetupHello traders!
I am back and want to share my analyzes on FX:EURUSD
On 4H chart we have a very nice channel with the confluence of harmonic moves and fib levels. According to the latest moves we are in a bear market and very good opportunity to go short at the edge of channel between 1.0927 and 1.0962. Targets will be as provided on the chart and in long term our target is the new LL at the edge of channel.
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Avto_T
Financial analyst
www.rcpforex.com