CompatibleTradingSystem

CompatibleTradingSystem

Yesterday the pair rose based on the formation of a bullish butterfly. Now it seems a bullish H&S is forming. The price is well above is DP which paves the way for the bulls to take the control. Thanks

CompatibleTradingSystem

The pair is moving inside a rising channel and recently it has touched the upper bound of the channel. Besides, a bearish AB=CD pattern is forming. These two facts may lead to a fall towards the WP and the channel lower bound. Thanks

CompatibleTradingSystem Updated 

A bullish setup is forming around 1.3100. Let's see if it works.

CompatibleTradingSystem Updated 

Based on the AB=CD pattern and a supportive area around 0.6380-0.6400, it could be a good opportunity to go long on this pair.

CompatibleTradingSystem

Two bearish butterflies accompanied by a forming bearish AB=CD pattern imply a warning for the buyers to exit. Thanks

CompatibleTradingSystem

Dear traders, a bearish H&S pattern is forming and this implies a decline in the pair. Thanks

CompatibleTradingSystem

A bullish AB=CD pattern is formed and an inverse H&S pattern is forming either. It would be wise to buy on the break of the minor falling trend line. Thanks.

CompatibleTradingSystem Updated 

A bullish AB=CD pattern is forming. This implies a potential for a rise. Let's see!

CompatibleTradingSystem Updated 

Ass it could be seen, the pair is on the broken trend line acting as a resistance. Besides, the pair is on its MP and a bearish butterfly is forming. This implies a pullback is possible here towards WP. Thanks

CompatibleTradingSystem

Again a bearish butterfly is forming (not confirmed yet). This could mean a correction lower is under construction. Let's see.

CompatibleTradingSystem Updated 

A bullish setup is forming to target WP @ 1.5554!

CompatibleTradingSystem

As it could be seen, a bullish butterfly is formed and imposes the index to move towards the upper line of the falling channel around 3480. Let's see.

CompatibleTradingSystem Updated 

Dear traders, as you may notice, a bullish butterfly is forming in H4. Besides, a big AB=CD pattern is forming on the daily chart. The overall trend is bearish but a big move upward could be on the cards as the pair goes over DP and then targeting its WP. Let's see!

CompatibleTradingSystem

As it could be seen, a big bearish butterfly is formed and a smaller one is forming too. If this is confirmed, the bulls are out for a while. Thanks

CompatibleTradingSystem

Dear traders, as it could be seen, a bullish butterfly has formed and the price has made a probable double bottom pattern either. However, it needs to clear 75 as an important resistance to reach the MP@76. This is valid as long as the pair stays above 74. Let's see!

CompatibleTradingSystem

Based on the chart, a big bullish butterfly is forming. If the price could stay above 1.0700, the pair may make a pullback towards WP@1.0766. Let's see.

CompatibleTradingSystem

The pair is moving inside a rising channel. A bearish butterfly has formed and the price is well below the WP and DP. DP has slipped below WP too. These all indicate bearishness. Sell on the break of the channel. Thanks

CompatibleTradingSystem

Earlier today we mentioned a harmonic pattern AB=CD as a bearish sign. Now a bearish butterfly is forming too. These all imply strong bearish signs. Thanks