Looks like price is in a correction mode. will this correction evolve into a downtrend?
39.285 is the most recent support. Price bounced twice from this level but failed to install a new high. Now price is approaching the level again. If priceaction installs a trend bar through the level + follow through bar then we should expect the move towards older support. Also this analysis lines up with the flag pattern analysis. Good luck.
Butterfly formation is on the chart. The D-point completion lines up with 1.272XA extention, market structure level and ab=cd measurement. This sets up a hugh probability drop scenario. Recommended stoplos and target levels are on the chart.
Price is in an upside. Price is at support level. Rsi was oversold at the first touch of the level. Price installed double bottom. Rsi shows bullish divergence. Price installs a hammer candlestick at the level. Looks like an uptrend is about to resume. Good luck
A cypher pattern is setting up. Cypher is a high probability pattern.
a potential unified gartley is on the chart. you can find trading levels and detailed stats on this screenshot: prnt.sc
at market unified gartley is on the chart. detailed stats and trading levels for this pattern variation are on this screenshot: prnt.sc
a potential unified gartley is setting up. trading levels and detailed stats for this pattern variation are on this screenshot: prnt.sc
a potential unified gartley is setting up. detailed stats and trading levels for this pattern variation are on this screenshot: prnt.sc
A potential gartley pattern (Larry Pesavento rules of identification) is setting up. Note that in this approach trades and targets are taken at the level rather than through the level. This requires some skills to recognize what is this "at" in each and every case.
USD weakens agains Ruble. A decending triangle was broken to the downside. Now price came back to retest the triangles border. This provides a low risk opportunity for sell. Note the gartley inside the triangle. Comment if you can see it:)
a potential unified gartley is on the chart. trading levels and detailed stats for this pattern variation are on this screenshot: prnt.sc
A potential cypher pattern is on the chart.
A bit late to post thsi one but there's still enough room for this trade. trading levels and detailed stats for this pattern variation are on this screenshot: prnt.sc
at market unified gartley on the chart.
potential unified gartley is almost completed. sell at D.