EverythingForex

EverythingForex

There is bullish Shark pattern that has setup now in this pair within the long trading channel GBPUSD has been in now and COULD potentially signal the end of this consolidation and set for an explosive impulse wave up and out! If you have been following my posts, you'll know that I have been bullish on this pair for a while now dating back to my post 23 days ago....

EverythingForex

Alright, so the markets have not been co-operating with me as of late. But as with everyone, it comes and goes. Regardless, I'm sticking to the plan and staying with what works and has worked for me for a long time. I wrote about this pair a while ago. 26 days ago, I posted this analysis about USDCHF ..... And now.... Pretty much everything that has...

EverythingForex

Excuse the purple background. That's the big bear crab I have on the DAILY TF showing. Again, tech guys, the visibility options are not working on posts! In a previous post on this pair (see Related Ideas section to find it), I had completely called the price action correctly.....except I didn't! I goofed in trying to call for a retracement waaaayyy too early...

EverythingForex

OK, so the last time I said this, I received a 3rd degree burn all over my fingers that typed that post! Now that my fingers have healed....I'm calling it again (burn me once, shame on you. burn me twice....heck, I dunno!). This NEW crab also points pretty damn near to where the old crab pointed to. Within a few pips of completing the AB=CD pattern found on the...

EverythingForex

UPDATE #1: Price action has pretty much done EXACTLY what I predicted it would do (see my previous post in Related Ideas). Though prices have not reached the original bearish bat I had posted previously (green), I did already take a SHORT position by way of a ".786 Trade" technique. Of course, prices can still turn back up to fill that bat but now I am hoping it...

EverythingForex

This pair is nestled against the MAJOR resistance level that dates back to October, 2008. That's 7 years ago, folks! It took this pair 7 YEARS to again reach back to this point! Do you think this level MAY cause some kind of reaction in prices? Or do you think that prices will just ignore it and blow right on through? We're about to find out in this next 7-10 days...

EverythingForex

After the recent price action, I've had to re-adjust the bearish cypher alignment points. The bearish cypher is still present and the ratios valid. Please note the new XABCD points. It is possible that the Bearish move I spoke about in the previous post may have startled and will end at the completion of the cypher pattern. However, prices can still turn around...

EverythingForex

Dear Tradingview tech guys, though i am very happy to see constant improvement in your platform, the recent addition of the "Visibility" option seems to be poorly implemented! Not only is it not very convenient to use but when posting charts, no matter if I have selected objects to NOT be visible when I post, they STILL SHOW UP! Making the chart I want to post...

EverythingForex

Prices have now hit the TP1 on the bullish crab pattern for 75 pips profit. Looking for TP2. If prices reach TP2, I will close all LONG positions and watch the PA when it completes the bearish Bat pattern and hits the channel top.

EverythingForex

I see a lot of people are starting to anticipate a reversal on this pair. Well, I am also. But, looking at this POTENTIAL bullish crab, maybe just not yet so fast. Yes, it's just a POTENTIAL pattern and just because I drew one there doesn't mean it will complete. BUT, what's interesting to note is that as can be seen more clearly on the DAILY chart below, there...

EverythingForex

EDIT: I need to correct myself as there are only 2 Bearish patterns here and not 3! One of them is a bullish pattern but still is inside the trend channel. Each pair of currencies has it's own personality. In the case of NZDUSD, one of it's traits is that it trends very well. Keeping that in mind, this pair has been on a solid down trend for weeks now. It has...

EverythingForex

3RD Try at posting this! My apologies as I am working off an Ipad and it's VERY difficult to do this on a touch screen! My apologies.Here's what I really wanted to show: The patterns. SORRY! I posted this previously but in the previous post, I used the wrong chart for the main chart. This is the the correct one ***NOTE TO THE PROGRAMMERS" The "visibility"...

EverythingForex

SORRY! I posted this previously but in the previuos post, I used the wrong chart for the main chart. This is the the correct one ***NOTE TO THE PROGRAMMERS" The "visibility" option is not working properly when publishing charts! Although i selected the visibility option for my chart drawings, they are still all showing in the chart I am publishing causing a...

EverythingForex

EDIT: I used the wrong TF in the main chart disply in this post. I corrected this and reposted. Up and down. Up and down. Seems the market is as confused as you are lately, right? Not surprising given all the conflicting views both technical and fundamental that everyone has. Well, let my analysis try to shed some light on what's going on and what may happen...

EverythingForex

In a post last week, I was expecting for this pair to start moving down in a bearish movement after hitting a resistance level (see Related Ideas: "UPDATE #1: USDJPY:- What Next? A Bull Cypher? Short w/GREAT R:R". Well, After re-evaluating this pair, I have to correct my previous assessment and give a new analysis of what is happening and what I expect is going to...

EverythingForex

UPDATE #1: Following up on my previous post "USDJPY: Just A Quick Short-Term Thought On What's Next" (see Related d Ideas), except for the butterfly being invalid and quick, prices have done what was expected and reached up into the SR Zone meeting the C point of the cypher I had posted. Now, the price action has yielded a ending diagonal (wedge) pattern which is...

EverythingForex

Haven't posted on this pair in a while but I'll put this out there real quick as to what I am thinking and you can get an idea of my thought process. In the above chart, there is a clear ascending triangle being traced out (as of this posting, it seems to be breaking out of it). Beyond the triangle, there is a possible bearish butterfly waiting to be completed....

EverythingForex

Prices have broken down sharply to quickly reach the lower trend line of the contracting triangle pattern. This also completes the bullish cypher AND also a bullish crab pattern I had previuosly missed (it actually occurred on a lower TF but is valid nonetheless). Look for prices to retrace back up into the upper trend line and continue to trace out the triangle...