Short opportunity on the 4 hr. Double top with bearish MACD Divergence. Targets at the 50 ema. Although the 20 ema coule pose a little problem.
Double top on the daily with a high test close. Slight bearish MACD divergence. Looking for downside momentum back to value at the 20/50 ema zone
Price has decelerated at a historic support line - while creating lower lows. We can see on the MACD that there's bullish divergence. I will be taking a long position just above the daily high with a view to taking targets at the 50 ema. Although as this will be moving, I will be actively managing this position.
Looking ahead to January 2018 we have a potential bear bat pattern forming on the 4hr chart. Entry at 1.19345 level. Stops above X and two targets set. Good luck traders
We're looking at a potential completion of a Head & Shoulders reversal pattern on the EURUSD Daily. What I will be looking at is a break and retest of the neckline which coincides with a support area of 1.20600. Targets - I will be looking to a push up to the 1.21900 resistance level. Good Luck Traders
Just looking at some analysis on the AUDUSD 4hr chart. We've closed at a previous minor resistance level (0.77158). If we can break and close above, I will be looking for a pullback into what will be structure for a long position. Targets will be next level of resistance - with an AB=CD harmonic move and FIB extension confluence. Just an idea at this stage....
We're seeing a completion of a bearish cypher pattern on the daily chart. Completing at 0.78105. Stops above X with two targets set. Good Luck Traders.
Currently in structured consolidation with this pair. We are looking at the potential completion of a Cypher patter at the 152.570 level. Stops above X with two targets set. Good luck traders.
Looking at the completion of a bearish bat pattern on the 4 hr chart. Completion point at 144.333 (which is a nice resistance level) with 2 targets set. Target one completes at a re-test of a trend line which could be interesting. Good luck traders.
Just an idea at this stage. If we can break and close about this resistance level, I will wait for a pullback into structure with a view to getting long. Analysis quickly outlined below. AB=CD move up into resistance area of 0.71780 FIB Confluence of 50% ret FIB extension into 1.618% level for targets into next level of resistance Good luck traders
Bull Cypher Pattern forming on the 1hr chart. Completing at 0.75115. Two targets set and stops below X. Good luck traders.
If we can push up and close to invalidate the Cypher pattern, there's a Bearish Bat Pattern completing at the 0.75620 level. Two targets identified with stops above X. Good luck traders.
Looking at a bearish bat pattern forming on the 15 minute chart. If price pushes up to the 0.73623 level, then i will enter the trade. Stops above X. 2 x targets set. The 0.886% fib level sits at a nice level of structure.
We see a bearish bat pattern forming on the 4 hr chart. If price action can climb to the 0.76760 level, i will enter the trade. Stops above X with 2 x profit targets set.
Potential Bear Bat Pattern forming on the 4hr chart if we can push up. 2 profit targets set. Stops above X. Stay sharp traders.
We see a bullish flag pattern forming on the EURUSD on the 1hr chart. Usually these break to the upside. With a 1 to 1 equal measured move this will bring us to around the 1.20200 area. Stay sharp traders.
At market bear cypher pattern on the 4hour chart EURUSD. Two targets placed. Stops above X. RSI is currently over sold giving further confluence. Stay sharp traders.