FX:GBPUSD We will be going short based on the formation and completion of the gartley harmonic pattern. Sell limit Entry price: 1.2895 Stop loss: 1.292 Take profit: 1.2836
FX:GBPJPY We are going long based on the short term support and also because of the completion of a bullish gartley pattern. The main trend is still bullish so make sure to put in your stop losses.
We are going long on this based on 1. The formation of a bullish gartley pattern 2. A short term support area.
BITFINEX:BTCUSD We are going short based on the formation of a bearish gartley pattern.
FX:NZDJPY We will be going long based on the formation of a bullish gartley pattern. Buy limit entry price: 73.75 Stop loss: 73.6 Take profit: 74.0
FX:AUDJPY There are a couple of reasons why we took this trade. 1. The trend is bearish. Earlier this month, price broke the 81.0 resistance and has bearish ever since then. 2. We are now approaching the 81 level which is a key resistance. Since the trend is bearish we are hereby looking for signs of weakness. 3. Formation and completion of a bearish gartley...
EURNZD We went short on this pair after formation of a bearish gartley pattern.
BITFINEX:BTCUSD We are going short on bitcoin based on the formation of a bearish gartley and also due to the resistance level at 6690.
FX:AUDNZD This is against the main trend and thus our stops are around 1.107 to reduce the risk.
FX:EURAUD A small gartley pattern has formed on H1 time line. The trend is still bullish on this one and hence we are in line with the trend.
A bullish gartley has completed forming. Watch carefully how NzdUsd plays out since the two pairs are correlated.
FX:GBPAUD This is not an advisable trade since its against our dominant trend.
EURGBP Our gartley completion point was actually supposed to be around 0.888. We decided to wait for it to go slightly higher to our long term resistance level. This gives us a better risk reward ratio.
FX:EURUSD Our potential gartley completion area is around 1.1525. This also coincides with our daily support area. We will be looking to go long once price reaches this area.
FX:EURAUD Our gartley entry method was actually supposed to be around 1.567 but we decided to enter lower based on our support area around 1.563. This offers a better risk reward ratio.
TVC:USOIL A completion of this pattern will happen once 70.85 is hit. Sell limit: 70.85 Stop loss: 71.75 Take Profit 1: 69.4 Take profit 2: 68.5
FX:NZDUSD A completion of this gartley pattern will happen once price hits 0.67427. Buy limit entry: 0.67427 Stop loss: 0.6705 Take Profit 1: 0.6784 Take Profit 2: 0.6809
TVC:USOIL Rectangle A: Price retraced back to our swing support area after forming a new high at 72.6. Rectangle B: Bulls attempt to make a move up but this is short lived as the bears resume control after two bullish candles. This is then followed by price breaking below the 67 area indicating selling strength. When such a key level is broken, we normally...