EURAUD created a bearish butterfly and a potential H&S on the top of the wave with divergences on RSI . Good Luck!
EURUSD is creating a sell opportunity again. It made a sharp move down from the top for almost 390 pips and broke the structure, previous low. There is a possibility that we had a truncated 5-th wave on 16-02-2018 at price 1.2555. I am looking at it on this way because if we take into consideration the time factor of 4-th wave it will tend to be the same with...
EURUSD is completing a 5 wave move up on the daily chart and now it is facing a strong resistance zone that begins at 1.2717-1.2600 that corresponds to weekly fib.ret 38.2% and Daily fib.ret 61.8%. Also on this zone we are too near the resistance trend line that is coming from the top and after 1.2600 price there is also a strong structure zone coming from the...
EURAUD is correcting for several days inside a narrow box from 1.5610-1.5810. Now we have price again near the resistance zone and completed also a bearish Gartley pattern. In this situation we can see a retest of the support zone again (green box). If price is going to break the resistance zone (red box) then we can see the completion of a bearish Butterfly...
1.NZDCAD completed a bearish Cypher pattern on daily chart. 2.Price is in a strong confluence zone 3.Strong structure zone 4. Price created a big bearish Engulf candle on this zone 5. Potential bearish Bat pattern on 60 min chart. Good Luck!
NZDCAD: Potential bearish BAT pattern
NZDCAD Completed a bearish Daily Cypher pattern and a 60 min bearish deep crab pattern. I wouldn't be surprised if price test the 200 EMA and turns back to test the resistance zone in the red box that is also a strong confluence zone. Good Luck!
1. EURCAD completed a daily cypher pattern on daily chart. 2. Price is testing a strong historical resistance zone 3 Divergences (for the time being) 4. On 60 min chart is near completion or completed an advanced bearish pattern with divergences. I am not expecting that price will fall so fast, but this can be a good point of view to follow, if it happens. Good Luck!
1. EURCAD completed a daily cypher pattern on daily chart. 2. Price is testing a strong historical resistance zone 3 Divergences (for the time being) 4. On 60 min chart price completed or is near completion to an advanced bearish pattern with divergences. Good Luck!
EURUSD is completing a 5 wave move up on the daily chart and now it is facing a strong resistance zone that begins at 1.2717-1.2600 that corresponds to weekly fib.ret 38.2% and Daily fib.ret 61.8%. Also on this zone we are too near the resistance trend line that is coming from the top and after 1.2600 price there is also a strong structure zone coming from the...
We can see a pullback on USDCAD as long as we have divergences on the 60 min TF and price is testing a strong resistance zone. The big trade is to upside and i am looking it in two scenarios. It will all depend from the size of correction. Good Luck!
Bearish butterfly completed on 60 min chart. Anyway exist the possibility for an extended wave up to 1.5610 price zone. This price level fits with the completion of a bearish Cypher pattern on daily chart. For this trade setup i am anticipating the wave to develop in 3 scenarios and minimum target the resistance trend line if price breaks to downside. We have...
AUDCHF completed a bearish bat pattern in a strong resistance zone. Price exceeded X leg of the bat with some pips but it didn't close above it. The interesting part is that CD leg is having divergences and this a a nice signal that price completed or is at the end of the wave completion. One possibility is that price can extend in the red zone but as long as it...
EURGBP short term sell setup, up to the bullish bat completion CD leg. Good Luck!
AUDNZD completed a bearish Head&Shoulder on daily TF and it is in combination with other advanced patterns. Price closed under 200 EMA on daily TF that is also at the same price zone with the neck line of H&SH. Good Luck!
AUDJPY completed a bearish Bat pattern in a strong resistance zone at 61.8% of the daily fib.ret from 21/09/2017 to 27/11/2017. Be careful as we are in a strong 3-rd wave up and price can extend higher. Otherwise if this is the correction of the wave down from 21/09/2017 to 27/11/2017 than we can see prices to test lower levels from those of harmonic targets. I...
Waiting for break and retest of small structure. Good Luck!
On 240 min TF price retraced 50% of the wave up and tested 100 EMA. Good Luck!