If you took a short at 1.1745 that might have been a super entry position. I think EURUSD is forming a bearish pennant and we are likely to see price fall to 1.08. Will follow closely for price action on lower timeframes for entry positions.
sitting on a strong Support level. Trend continuation BUY at retest of 111.000 Stoploss below X-leg
Watching 1.7100 for trade opportunities. Expect a pullback before a further fall on lower timeframes.
The last analysis on this pair closed our trade in breakeven and proceeded to play a harmonic pattern days later. This makes for a potential longterm trade . Since the harmonic pattern has already played out well . i will be watching for a break and close below 20 ema for the continuation of the sell signal. I will update this trade on the upcoming week
we have a bullish butterfly forming on a critical support and resistance zone. This gives an opportunity to buy the pair. I will be watching to enter the trade if the 20 ema is broken and retested or broken with a bullish candle.
a break and close above is a buy with pending order 2- 3 pips above the high of the recent candle while a bounce and close below the 20 ema is a sell with a pending order 2- 3 pips below the low of the recent candle.
Price is at a strong Support and resistance level. I am looking to sell at retest of 1.1650 or watch lower time frames for short signals
SELL opportunity Sell at 130.35 or short signals from lower timeframes
USDCAD has been on a strong uptrend. The uptrend momentum is now cooling down and we expect a pullback . Previous weekly candle gives as a signal of a short term pullback. The formation of the bullish bat is also a strong indicator. entry = within the red zone stop loss = 1.3460 (just above the D - leg) target 1 = 1.2963 (38.2 % ) target 2 = 1.2689 (61.8%) For...
EURAUD has formed a perfect bullish butterfly on the daily timeframe. We are still approaching a strong weekly resistance and euraud is in a strong downtrend so it would be nice to hold your horses till a buy signal is witnessed on the lower timeframes. This still gives a signal of a possible pullback.
We have a completed bullish shark on AUDUSD on the weekly chart just coinciding with the channel bounce. Doji candle formation
Though we are late on this harmonic pattern we need the price to break and close above 0.97100 with a strong bullish candle to open a position on this pair. Targets with partial trade close on the Support-resistance levels.
We have a cypher harmonic pattern forming at a weekly S/R level. A doji candle is also present at this zone. the weekly chart seems to show the pair in a uptrend. This is a long opportunity .with invalidation below 1.1400.
on the weekly chart price seem to respect the channel. On the daily price has been on an uptrend . Price is at the bottom of the trendline. A long trade is possible due to the break and retest of the support/resistance zone. A short trade is also possible as price might break the trendline . Patience required before taking any position.
price is near the 1.3500 zone . A break and close out of the consolidation range will activate my trade bias. Patience is important
Break of the trendline . Our harmonic pattern on the weekly chart is playing nicely.A possibility of Thousands of pips expected for a pattern formed in the weekly chart. expecting a creation of a downtrend too
price on the daily is on a strong support harmonic shark pattern price action on the lower time frames will give good entry . This will certainly be on my trading watchlist
price at resistance zone bearish gartley pattern possible rising wedge top channel bounce sell entries basing on lower time frames