Sell Opportunity. Price just tested the upper trend line. Details are on the chart. Good Luck!
Up to now we can see only small shadows. If price close above trend line the target is 1.9290, the deep of the Megaphone pattern. If it goes down, the target is the lower trend line again. Be careful as on daily chart price closed above structure that corresponds with the green horizontal line at 1.8730. So the possibilities are upside. Be careful from the news...
USDSGD is creating a potential Inverse H&SH and Bullish Bat in blue. If Price is going to react now we can be ready for the resistance zones with CD legs of bearish Cypher pattern (in red) and bearish Bat pattern (in yellow). Keep in mind that on USDSGD on daily chart we have a 5 wave move up. So if this is all the correction we can be ready for the upside...
H&SH continuation pattern to downside. Price i breaking neckline. This is the continuation of a the related idea. Take profits are on the chart. Good Luck!
Really nice trend continuaiton trade with good R:R. SL under the resistance zone and targets for taking profits are on the chart. Good Luck!
Potential Sell for CD leg of Cypher pattern. Short term sell setup. Price is losing momentum. Good Luck!
EURAUD completed an AB=CD bearish pattern, Harmonic pattern and a small Diamond pattern at the top. This is a strong confluence and pattern zone. Diamond patterns are continues trend patterns and reversal patterns. If the top of the diamond will be broken we can see prices to extend up to 1.6150 - 1.6190 zone. For the down side i am expecting for a move up to...
Wait for price breakout and retest in order for the pattern to be valid. Good Luck!
Sell opportunity. Broadening wedge pattern with 60 min falling wedge inside. Price is loosing momentum. The first target is the trend line near 83 price zone and the second TP2 near 81.41 Good Luck!
EURCAD is breaking a nice falling wedge pattern. We can see strong divergences, so it can be a good opportunity for going long. Wait for a break and retest before going long. Good Luck!
Sell opportunity with divergences in play. Good Luck!
EURUSD broke out the structure with a big bullish engulf candle and it retested it again. I am looking for price to extend in the zone of 1.1480-1.1505, Momentum is growing. Good Luck!
I am looking for a long opportunity on AUDNZD. Price made a strong impulsive move to upside from 02-Jan19 to 21Jan19 and it corrected 61.8% of it up to 1.0374 and now it is losing momentum. If this move will go according to forecast we can have: TP1=100 pips; TP2=225 pips; TP3=330 pips and TP4=425 pips. The big move on higher TF can be an ABC, where the C wave...
I am looking for a long opportunity on AUDNZD. Price made a strong impulsive move to upside from 02-Jan19 to 21Jan19 and it corrected 61.8% of it up to 1.0374 and now it is losing momentum. If this move will go according to forecast we can have: TP1=100 pips; TP2=225 pips; TP3=330 pips and TP4=425 pips. Good Luck!
I am looking for this sell opportunity on NZDCHF. Support zones are on the chart. If price goes down there is a high possibility that it can test 73.80-73.97 zone. It has a nice R:R ratio if it goes down. Trade will be invalidated for price above 76.01. Good Luck!
EURGBP completed a corrective wave up from 0.8618 to 0.8822 with overlapping waves. It faced a strong rejection on the red zone that correspond to 50% Fib.Ret of the 3-rd wave down, 200 EMA and a structure zone. Price confirmed the donwside with a big bearish engulf candle that corrected more than 38.2% of the YX wave. Targets on the chart. The red projection is...
Bullish wedge pattern. The pattern will be invalidated, if price breaks down to 109.41 . TP1 is the Bearish Bat completion and the TP2 is the ABC expected move. The red zone is a strong strucure zone and 200 EMA of 240 min TF. Good Luck!
If you want to increase the odds on your side, don't trade inside the triangle. Wait for a break outand retest. Good Luck!