Hey traders, On this 4 hour chart we can see a nice potential bullish butterfly pattern completing around the 38.2% Fibonacci retracement of the big bullish move. Cheers
Hello traders, On gold we can see that price is slowly making a pullback, so that could be a nice point to enter short for me. I'm looking to enter at the 61.8% Fibonacci retracement. Cheers
Hey traders, On the EURAUD we have a nice double ABCD pattern taking shape. Will also be looking to enter short when the pattern is completed. Cheers
Hey traders, On Gold we are slowly crawling upwards and we have almost reached the 61.8% Fibonacci retracement, which is already taking longer than the drop. Stop goes at the 78.6% and the target at the 23.6%. Cheers
Hey traders, On the GBPUSD 2 hour timeframe we are getting close to the completion of this bearish bat pattern. We have already broken above point B, so it's likely that this pattern will complete some time soon. Cheers
Hey traders, On the EURCAD we have a potential bullish bat pattern taking shape on the 4 hour timeframe around the 61.8% Fibonacci retracement. Cheers
Hey traders, On the EURUSD we have a risky setup with this bullish cypher pattern. Let's see how this one turns out. Cheers
Hey traders, On the BTCUSD hourly timeframe we can see that we have broken the recent trendline. What we could see next is a drop towards the 6750 number, where we have a nice previous wick and the 38.2% Fibonacci retracement as well. Cheers
Hey traders, On the USDJPY it looks like price is about to close below the bullish trendline. If it does, I think it's time to enter short. Cheers
Hey traders, On the EURNZD 4 hour timeframe I'm looking to enter long at the 61.8%. Cheers
Hey traders, On the EURUSD daily timeframe we can see that we have completed a nice head and shoulder pattern. The neckline was broken last week on Thursday. Let's see how this works out. Cheers
Hey traders, On the XAGUSD we have a nice flag formation where price is struggling to make new lower lows. I was hoping that it had already touched the 61.8% Fib, but it hasn't yet. Waiting for either of the 2 options on the chart. Cheers
Hey traders, The CAD pairs made a nice move after the rates were released, staying level at 1%. Now waiting for the retracement to the structure area and enter short from there, expecting a further drop. Target is at the 61.8% Fibonacci retracement. Cheers
Hey traders, On the EURJPY I'm looking to enter long above the recent high. My buy stop is about 25 pips above that. With the stop loss below the 61.8% Fib retracement we should be alright. This does mean that we will have a huge stop loss, so keep that in mind. Cheers
Hey traders, It seems that the GBPAUD is eager to break out to the upside already, instead of touching the 61.8% Fibonacci before that. Just waiting for a 4 hour candle to close above the trendline, after that we are good to go. Cheers
Hey traders, On the NZDUSD I have found a free banana. First come, first served. Cheers
Hey traders, Great analysis on this CADJPY pair. Very far away from completing, but just liked showing this for you already :) Cheers