FxSaint

FxSaint

Bearish Shark in formation.

FxSaint

Shark formation underway.

FxSaint

Bearish Bat forming, whose CD leg termination is projected at Demand Level.

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This will come into play only if our bearish Cypher plays out. This gives expectation that we can hold our target for bearish cypher beyond 61.8% of XA move.

FxSaint

Bearish Cypher has formed, an pull back to D termination point should be sold off.

FxSaint

Honestly, this setup can or cannot happen this week. But none-the-less its very good setup to keep an eye on this. There are three harmonic patterns namely Bearish Bat & Bearish Butterfly & AB=CD is in making. And just above the termination of this patterns, we can find supply zone. With my beliefs from what I see in USD index, I m speculating idea that USD will...

FxSaint

Simple trend continuation trade. All that happening in this pair is that price breaks up with momentum & then consolidates / retraces mildly & breaks up with momentum. All required things have been marked in chart. =)

FxSaint

Simple trend continuation trade. All that happening in this pair is that price breaks down with momentum & then consolidates / retraces mildly & breaks down with momentum. All required things have been marked in chart. =)

FxSaint Updated 

This is getting interesting, GBPCHF according to our Cypher pattern should be going down... & now to support our bias we have double top at same structure that be followed up with TL break. It can even setup 2618 trade or keep continuing to downside... Be in short ! Stops from Cypher can be now reduced by 30 pips. =)

FxSaint

This instrument, I have not traded yet & not trading now also. Just for testing PA in this & testing Elliot wave (which is not used by me too often). Just follow along but be aware I M NOT TRADING THIS =)

FxSaint

Trying to make sense of something where nothing is present - Chartist. Potential of this happening is something cannot be ruled out, or can it be ? Everything I see is highlighted in the chart, if you want to clear the could, then comment, I will try it clear it for you further. =)

FxSaint Updated 

This is at interesting place.... 122.00-121.90 is good for buying, targeting minimum of 123.50 level. Also UJ, GJ, AJ all pointing towards coming JPY weakness before eventually JPY gets strong when UJ reaches @ 123.XX level.

FxSaint Updated 

Bearish Cypher completion at structural resistance at around 1.51000 handle. Also the inversely co-related pair EurGbp has bullish Shark & AB=CD pattern completion which suggest its bullish move is up coming, hence shorting this will not be wrong idea.

FxSaint Updated 

Perfect harmonic AB=CD completion @ 0.7150 handle which also coincides with bearish harmonic Shark pattern completion. All pattern completion is supported by structure.

FxSaint

There is good Cypher pattern under formation. If the price doesn't break above the point "C" & goes to @ 119.85 level then its safe to trade long & targeting the Bearish Gartley formation on daily chart. Once this bearish Gartley is completed on daily chart, at that moment longs can be terminated & shorts can be loaded. =)

FxSaint

IF & only IF the price breaks below daily structural support @ 44.00 level then we can see price back @ 35.XX handle which will make it interesting for the buyers since the Bullish Shark pattern completes at that structural support level drawn from MONTHLY CHART . My expectation is that more than 60%-70% probability that price will break current support. But...

FxSaint

In my opinion bears are trapped in momentum breakout. But the big boys are looking to take it higher. This bear trap is valid till the low @ 1833 is taken out completely. Expected price movements are blue (80% probable) & red (60% probable).

FxSaint

Bitcoin price currently being traded into supply zone @ daily time frame # level 280.XX. Till price is at this supply block, looking for short is not wrong strategy. =)