GARTLEY PATTERN SHOWN, HAVE D POINT AT MAIN QUARTERS THEORY 1.3000, WITH MY 1.27 RETRACEMENT. LOOKING TO BUY SOON RSI IS STATING DOWNTREND FOR AWHILE
I SEE A EXAGGERATED DIVERGENCE ON THIS PAIR. CONTINUING THE DOWNTREND, IM LOOKING TO HIT QUARTERS THEORY AT 1.5000. THEN WAIT FOR A SIGN TO BUY OR SELL OFF THAT MAJOR SUPPORT. HEAD AND SHOULDERS ARE ALSO FORMING ON THIS PAIR.
SO I HAVE USDJPY ON A THREE DRIVE PATTERN, LAST WAVE WILL HIT MY QUARTERS THEORY. ALSO GARTLEY PATTERN IF C PLAYS WELL BETWEEN .3 AND.886. RSI 5 IS LOOKING TO GOBACK UP AND THE 14 RSI BEARS ARE AT 50. HAPPY TRADING
This is a weekly on EURUSD, i usually trade from 1day to 4 hr chart but i like to step back and look at the market. so we have a possible head and shoulders for this trend, if you zoom out you can see hit it its resistamce again after 3 years. but also on my 4 hr chart , we have a descending triangle that will soon POP and also sitting on a very STRONG SUPPORT. ...
I can see a butterfly pattern forming on usdcad, also with a three drive pattern set up in the channel . i place my trade short trade allready looking for my take profit zones at 0.382 and 0.618 ( marked in Green), also RSI is hitting as well again. im learning to become a long term trader due to working so much during the day, if you guys have any advice or...
USING MY OIL CHART AND USDCAD TO MAKE SOME BIG MOVES IN THE WEEK
THIS SEEMS LOGICAL BUT JUST WANTED TO SHARE