This chart has an above CTIS against short as I believe this is an advantage for buying opportunities, the 1.04 point has broken and I believe the trend would recover with a breakout of strong longs. I have completed 2 closed flag patterns showing where the trend may be taken towards. The harmonic has been completed up beneath high structure levels. I believe if...
The 2 circles showing are the main lower lows of this bearish trend, you can see the reversal has happened as the pair had seemed overbought. I do believe that the trend will retrace in order to breakdown to a more lower point of the chart. You can see the downtrend has broken the higher lows of the bull market. I believe the next lower low will break beyond the...
As you can see my entry point had been rejected first time in which the trend had reversed from .8566 and landed back to my entry point. This cypher pattern has been assisted with the help of fib retracements, you can see that the C and D points are in line with structure. This bearish cypher pattern will be tested in the meantime, as the trend could possibly...
In this chart you can identify the pullout has been taken into effect. Furthermore, the second target is the trend breaking out towards structure levels, I have also identified that the trend may use a pullback effect in order to maintain the waves channel. This may also be an advantage, considering long set ups. Whereas you can see a reversal after the target has...
I have detected higher lows that may cause a downtrend for short term, however I have also predicted a pullout effect leading price action towards 1332. as I believe a reversal will take place near that point. I have created a potential bullish cypher pattern which may lead above structure, if point C to D is complete then a breakout may occur. As point D is...
In this EUR/USD pair the trend has previously broke-out of the bullish behaviour, the trend had moved towards structure levels as yellen's speech was made which took into effect. However I have analysed this pair and interpret that a pullout may occur following another reversal leading the pair to an even more downwards point than current point. I am currently in...
You can see that the potential uptrend could be going right back up to previous structure levels. I believe that the volume of the long would be limited, this could be considered a pullback reversal. However the 1.32 barrier could be treated as resistance, in which there could be another pullback to carry on the bearish trend where the trend would follow into...
From pt 2 I did not put down a trade as the trend kept moving bearish away from my entering point. However I have notified a potential bull harmonic structure, quite similar to my other chart therefore I have a short term long targets and a change of entry points as I believe this is the pullback stage. What I can comment is that EUR/USD will not be long...
Keeping it simple here, you can see the parallel lines holding the structures together. I do believe that a breakout will happen with GBP/USD but this would not be for long term. I believe the 5th wave is yet to come as the trend may perform a pullback effect to set up longs. Opening point: 1.1368
In this update, you can also see I have mapped out possible double bottoms and tops which have been in sync with the pitchfork. I have shown another harmonic structure with the help of fibs, from point B to C is the target in order to short as I believe EUR/USD is currently retracing. Once the breakout occurs, the target would need to pullout towards point C in...
I may have identified head and shoulders pattern in this pair, however the Yen has been consistent in gaining strength and is being considered as a 'safe haven' for traders. I do believe that the trend would be very hard to breakthrough the 132. gap even-though the chart shows the breakage of the 131. barrier a few times. If the trend breaks 132.250 only then...
Wedge pattern broke, the continuation of the trend must carry on moving, I believe the trends movement would be slightly bullish as the euro is gaining strength. I have placed targets of where the trend may roughly go. The current potential bullish wedge may be giving the trends formation in where the type of movement would be directed. Current point:...
As you can see one of the more complicated analysis where I have targeted where each point may direct themselves. Firstly I just want to say this bearish harmonic pattern has been completed in a smaller scale and failed. Now that I have identified this completion of the potential pattern, I do believe this would cause the breakage of the 130. a solidified barrier...
crab pattern with the help of fibs, if 1.30 causes a breakthrough down towards support only then will I repeat trade towards target 2.