Downtrend broke Bullish Bat confirmed with RSI 4H +EMA 10,20,100 T1 @fib 61.8 0.76502 T2 @fib 127.2 0.80975 SL below fib 0 @ 0.72275 Best luck!
Target 1: Fib 38.2 @ 108.330 Target 1: Fib 50% @ 109.281 SL: Below 106.5 Reason: 1. 4H RSI divergence 2. EMA 10/20 crossed, EMA 200 nearly cross with 10/20 ------------------------------------------------------------------------ ***However, according to the USD News over past 7 days, there are still lots of uncertainties. We need to be very patient and...
A diagram is shown above: Bearish butterfly completed +4H RSI divergence T1 38.2% fib T2 50% fib Good luck
Reason: -Downtrend structure broke out (1 day chart) -RSI 34 shows clearer divergence -Bullish shark pattern completed TP1: 1.26211 (point B) TP2: 1.26647 (fib 61.8%) SL: below point D Good luck!
Reason: -Double bottom in monthly chart just finished retesting the support line -Downtrend Fib retracement at least to 50% -RSI uptrend -MACD uptrend signal crossed Tp1: Fib 50% Tp2: Fib 78.6% Sl: below Fib 0% Good luck!
Let me know if I am wrong guys: The uptrend is going to end since: 1) 4H RSI shows bearish divergence 2) 4H chart shows evening star sign However, there are other opinions such as the market is going to an ascending triangle, so then the market will breakout and go up. Please let me know what is your opinion :) Good Luck!
Short will potentially start once market break Point D (4H chart) SL:88.030 TP:85.5
TP1: 61.8% of CD TP2: 100% of CD SL: Below C Good Luck!
As the market tends to retest 38.2 level @ 1.240 as a confirmation as the final shorting signal. Here is our last buying opportunity: Tp: 1.240 Sl: 1.234 Good Luck!
The Smaller Green ABCD Pattern is about to finish the 2nd Tp @127% of its CD leg now, which will complete the cd leg of the larger Red ABCD Pattern. That will trigger the market retrace back as the retest to the previous uptrend channel.
Maybe last drop but... let's take the profit TP 87.5 @ 100% FIb level TL above anywhere @ 0% Fib level
As the BAR chart & MACD & RSI all indicates, AUDJPY is coming to the breaking out point again from short time uptrend, get ready for short. The market might not go up again to retest 38.2% Fib level after the 3rd tests done this early morning. Good luck! Profit: Final TP 87.3
Perfect textbook teacup trading pattern just broke out the 'lipline'. Is Market going to 0.803822 to retest the H4 support line? Maybe...
USDCAD short run will be a simple double bottom, the confirmation line just broke. The market will retrace to Fibonacci level 50% as first profit target which matches the double bottom target goal.