Double top formed Breakout at neckline Pullback to fib 618 RSI overbought
I am shorting GBPUSD in the 1.28-1.29 zone because of 4 technical reasons. 1. It broke out of the Brexit channel in October and now is close to testing the previous support of the channel (the red line and green arrows) 2. This zone is also an 618 retracement of the impulse move marked as "1 to 2" 3. The RSI/7 will most likely be overbought once it hits this...
Selling the German index. Missed the official entry for a Gartley but since the D completion is still under the X leg of the pattern we only get a better Risk/Reward Ratio. Chart speaks for itself.
RSI going overbought and Completion of an deep Gartley formation
Long AUDCAD on 1.0155 TP1 1.02466 SL 1.00927
Previous Gartley on COPPER worked out great! Second Gartley has formed and hopefully we will get 2 out of 2. RSI going overbought (82.9) and copper still trading within the triangle gives us extra confirmation for a short.
I am short on the NZDUSD because of a Gartley formation and RSI going oversold (89) Entry at 0.73 SL at 0.73802 TP1 0.72047 I will put my sl to breakeven as soon as TP1 is reached. Trading 3 positions in total
This pair formed an H&S pattern, broke the neckline and had an impulsive to the downside. Now it is back again at the 0.7200 even handle, where the neckline was. Giving the previous support (now resistance) at this level and the RSI going overbought I am SHORT on the NZDUSD.
EURUSD recently broke out of the triangle and has now finished the pullback to the trend line. Possible short from here, to a minimum Target 1 of 1.08800. SL @ 1.11703
USDJPY broke the downwards channel earlier, now looking for an retracement of at least 102.591.
Entry: 1.29892 TP1: 1.31567 TP2: 1.32722 SL 1.28549 When tp1 is hit move sl to be
Entry 54.96 TP1 56.56 TP2 57.53 SL 54.18 When TP1 is hit move sl to be. I prefer harmonic patterns on forex so i am not putting a lot of equity at risk
Entry 1322,87 SL 1309,81 TP 1339,74 When 1332 is hit SL on BE