Hey traders, On the EURNZD daily timeframe we have a reversed flag formation. Waiting for a breakout to the downside and enter from there. Target will be at the trendline.
Hey traders, On the EURUSD we have a potential harmonic pattern. It may already have been completed though. However, I want to wait until it gets closer to the 38.2% Fib retracement for a better risk to reward ratio.
Hey traders, On the EURAUD we can see that price has been consolidating for a while now. Breakout will happen eventually. I have a buy and sell stop on this one.
Hey traders, On the AUDCAD hourly timeframe we have a potential bullish Gartley pattern. Buy limit at 0.98231.
Hey traders, The bitcoin has dropped about 20% of its value earlier today, but seems to have calmed down. This may be due to the completed AB=CD pattern and the 127.2% Fibonacci extension just above the 8000 mark. Let's see what the future has to offer :)
Hey traders, On the AUDCAD we have completed a 100% AB=CD pattern on the 4 hour timeframe. Details are on the chart. Thanks
Hey traders, We have a bit of an ending diagonal on the NZDCAD. These patterns are known to cause some reversals. We have now reached the 50% Fibonacci retracement.
Hey guys, On silver we have a bullish gartley/bat pattern - call it whatever you like - which completes at the 38.2% Fibonacci retracement of the bullish move from the 15.550 area until the recent top.
Hey guys, Here we have the daily timeframe on the GBPJPY. This pair had a big drop from June 2015 until October 2016. This drop took exactly 477 days. Since then it has been retracing, but only about 42% so far. The time it took for this? 470 days. This pair has obviously been making higher highs and higher lows during this time, but we can see that the price and...
Hey guys, On the EURUSD we just opened about 50 pips above the close of last Friday. Now looking for a pullback to that close at 1.22150 area. This also happens to be the 61.8% Fibonacci retracement of the recent bullish move :)
Hey traders, A bit of a risky trade right here on gold, as it has been pretty bullish. The most recent pullback did however break the trendline, so maybe this is the start of a big reversal overall. Cheers
Hey traders, On the NZDCAD it seems likely that the bullish run will continue. Very strong movement.
Hey traders, On the EURUSD hourly timeframe we can see a breakout of this head n shoulder pattern. Looking for a pullback to the 1.22080 area and look for short opportunity from there on. Cheers
Hey traders, On the 1 hour silver we have a potential bullish bat pattern. Entry is a little bit higher than what one should expect in a bat pattern, but that is due to the 161.8% Fib lining up perfectly with the swing low that was formed yesterday. Cheers
Hey guys, On the NZDUSD price has reached the 61.8% Fibonacci retracement of the previous big downwards move, which could be the start of a reversal. But I will wait for a confirmation in the form of a break of the trendline.
Hey traders, On the CADCHF 4 hour timeframe we have a potential bullish cypher pattern. Completion of this pattern at point D, which is also where the entry will be.
Hey traders, On the USDCAD we can see price making a pullback. Possible turning point will be past support becoming resistance and we also have the 61.8% Fibonacci retracement. Cheers
Hey traders, On the AUDCAD we have a flag formation turning up. Waiting for the breakout to the upside before entering. Could also drop to the 61.8% Fib before going up. Cheers