


Lazly_Antony
Oppurtunity to trade a bat pattern completion at previous structure and ride it back down within the consolidation range
Possible bat pattern completion at previous structure. (BC leg is a little short of 61.8 retracement). Extended targets can be achieved by active management of the trade.
Possible GBPUSD 94 pip down move.1.27 extension of the recent down move exactly at previous structure support. Stops above 50 pips.
Heavy consolidation within the range with the occurrence of harmonic patterns
Could go for a 38.2 retracement. MACD and RSI showing Bullish rotation. Could be a correction.the main trend could remain bearish.
Bulls are getting extremely strengthened in USD/CAD. Simple AB=CD pattern completion at 1.618 extension in trend direction.
Yet to attain major structure on the daily for a possible trend reversal. Hoping to see some more downside. Just a possibility.
EURSUD yet to attain major structure level. Most probably we could see more decline before the strengthening and its rally.
If EURUSD could make it to the 50% retracement of the current swing, testing the 50 Moving Average, it could possibly be an outside return of the major downtrend. It could be a nice area to go short.
Could probably complete the AB=CD pattern testing the previous support again
Looks like a double bottom and bears might be taking profits recently. There could be an outside return essentially which can be traded.
Looks like there is a considerable structure level at that level atleast for a short term trend reversal to the upside.
BTCUSD may press down more. AB=CD pattern with fibs at structure. could be a potential sell. Please sell at your own risk only.
This could probably happen. Please understand that trading is a probability play. Sometimes you achieve target. sometimes you get stopped out. Anyways NZDUSD was significantly bearish. go with the trend. There is fibonacci retracements and extensions confluence and major structure.
Looking for a buy @ 100.897 range with structure and possible CD leg completion of a cypher pattern. There is a fib extension (1.27) also at structure. Targets could be at various fib retracement levels based on your trading strategy. If you are more conservative, look for double bottom or Ichimoku cloud twist.
Observe the potential support resistance zone to confirm trend. Current scenario shows weakening . Bears may take over.