#GBPUSD #Pound #Brexit Weekly Analysis: Still ShortGBPUSD is still showing bearish movement but we need to watch 61.8 fib level which will be reached in a day or two. Trade management is the key.
Vikinsa
#EURUSD #EURO Weekly Analysis: Bullish Zone Ahead with 61.8 FibPlease watch DXY analysis first because DXY and EURUSD are usually inversely correlated. EURUSD Is expected to fall for a day or two to test and retest few important levels. However it has been a game of 61.8 fib levels so far. So a bullish zone lies just ahead.
#USDCAD Short Trade Confluence:Moving Average, 61.7 Fib, Pattern#USDCAD Short Trade Confluence:Moving Average, 61.7 Fib, Pattern
#EURUSD Bullish Cypher + ABCD Pattern For Great R:R Next WeekEURUSD Bullish Cypher + ABCD Pattern For Great R:R Next Week
#GBPAUD Bat Pattern Short OpportunityGBPAUD Bat Pattern Short Opportunity: GBPUSD is expected to fall at the end of this week or next week. AUDUSD is expected to be bullish next week. That is also supported by this trade opportunity. We have supply zone on the left with bat pattern completion.
#EURUSD Has More Chances Of Bullish Week Ahead - Weekly AnalysisTraders, Although EURUSD has argument for both long ans short positions at the moment, we must not forget that on the daily time frame we are still in uptrend. Also Weekly Elliott Wave is also still intact. So There are are more chances of medium to long term bullish movement. One scenarios is that we will start the bullish movement right away or other scenario is that we may have 1 -2 bearish days or a gap down on Monday but we should finish the week with a bull candle if patterns play alright and nothing significant comes in the market. Lets see how it unfolds. We must watch the zone in red to look for bullish structure such as engulfing candle or pin bar.
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#EURUSD New Bull Cypher Pattern Evolving After Today's Sell OffEURUSD New Cypher Pattern Evolving After Today's Sell Off
#AUDUSD Bearish Week Expected - Weekly AnalysisAUDUSD is repeating its weekly candlestick pattern for the 3rd time with great accuracy. The coming week is expected to create a bearish candle and the week after will be a bullish candle. This week it is going to retest the trend line before resuming the uptrend again the week after. We have 2 patterns completing near the trend line. So we can take a short position if the markets allows us to. Once we reach the zone and the market has tested the trend line, we can close the short and prepare for long position week after.
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#AUDCHF Long IdeaAUDCHF Long Idea: This zone and level is high probability level for a long position. 2 patterns are getting completed right at that level.
#EURUSD Cypher, Butterfly, Round Number, Support ConfluenceEURUSD Cypher, Butterfly, Round Number, Support Confluence
Why #AUDUSD, #EURUSD, #GBPUSD & #NZDUSD Fell TodayTraders, DXY (Dollar index) completed a pattern few days ago and the first target of that reached today at 38.2 Fib where a lot of profit taking suddenly raised DXU up causing other USD pairs to fall. This was expected and was also evident from respective harmonic patterns on these pairs.
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#CADJPY - Double Top, Great R:R Opportunity, Top Down AnalysisCADJPY could be forming a double top at the completion of 2 harmonic patterns inside a supply zone. This can be a very good shorting opportunity.
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#CADJPY Short Opportunity #HarmonicPatternThere is a fibonacci based harmonic pattern completing. The opportunity is right at the market sell.
#EURUSD Update - Another Pattern To Us Take To Profit ZoneTraders, I am long on eurusd from the zone that I mentioned in my weekly analysis. Please check that out if you have not. (see attached idea). Now that market has reached 38.2 first target and it has broken that structure, I have moved my stops to lock in profits and derisk a bit. I am expecting 61.8 profit target level now.
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#GBPUSD Update: Another Pattern? Whats Is Happening?GBPUSD Is still on the right path towards the 38.2 fib level target and it may just be in the process of making another pattern to confirm that target level. See my weekly analysis video before this to get a full idea of what is happening. (see attached idea) Ba careful of Brexit coming in 2 weeks. Better to stay out and watch than trade wrong with high risk.
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#NZDUSD Two Harmonic Patterns Setting Up 5:1 R:R - Buy NowNZDUSD can give us 5:1 R:R trade if we manage this trade well. The market is right right at the moment to buy with minimal risk.
#USDJPY Fibonacci Confluence Weekly AnalysisHi Traders, USDJPY has come to a region where it is a good candidate for short position. However we will have to manage the trade properly.
#EURUSD Gartley Pattern Is Another Reason To Buy In The ZoneSee the attached trade idea. Now that market has moved and created a correction leg, if it breaks the mid point at 1.1124 then we are looking at that purpule zone where we have good confluences.
#GBPUSD Top Down Fibonacci Confluence Weekly AnalysisHi Traders, Here is weekly top down analysis of GBPUSD using fibonacci confluence. I am bearish on GBPUSD for now and based on few levels it can be bullish. But we must remember that we have Brexit coming too which can make this pair drop by a lot.
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#EURUSD Top Down Fibonacci Confluence Weekly AnalysisHi Traders, Here is top down analysis of EURUSD using fibonacci confluence and harmonic patterns. As you will notice that how wonderfully fibonacci levels and fibonacci extensions work in the market. Currently the set up is very bullish in the medium to long term. But we are watching the current important level for that to happen.
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#NFP Dollar Index Bearish Bat Pattern - Ready To Go Down #NFP Dollar Index Bearish Bat Pattern - Ready To Go Down
USDCAD Day Trade Long Opportunity - Fibonacci Confluence USDCAD Day Trade Long Opportunity - Bat Pattern
88.6 & 161.8 Fib confluence
