Price dropped to 360° and reversing back up Elliot 3rd wave have finished We can buy EU here and aim for two TPs: 135° and 180° Stop: below 360° 1.1321
EZ completed AB=CD pattern Look left - there is nice structure level We can sell EZ now and aim for Target1: 15.2526 Target2: 15.17 Stop: 15.529
Price breaks down ascending trendline From Elliot Wave we are on completion of 4th wave From Dow theory we are entring on lower lowes We can sell here and aim for 0.90100 and 0.89771 Stop: 0.90732
OIL breaks ascending trendline 5 movement pattern completes Pullback to test trendline also completes We can sell OIL now and aim for: Target1: 51.40 Target2: 47.50 Stop: 54.76
Daily Inside bar breaks down Range on 1H also breaks and pulls back Strong rejection candle and pullback completes We can sell UJ now and aim for 107.444 and 108.806 Stop: above range: 110.088
5 movement pattern complete We can sell now as price at trendline Although bearish candle confirms reversal point Target: 78.780 Stop: 79.664
Price touchs ascending trendline on 3rd time We can see rejection candle Selling here we can aim one more drop to 0.90138 U can close half position at 1/2 RR and use b-e Stop: 0.91240
GU completes double top + 618 level pullback Trendline is tested and finds structure level Selling GU we can aim 1.29464 and 1.27222 Stop: 1.31787
GJ completed SHS pattern at top Although it breaks down neckline and pullsback We can short GJ now and aim 140.690 Stop: 143.220 or 143.740
EU breaks down ascending trendline Now pullsback to test structure zone Although we have 89EMA is above We can short EU now Targets: 1.13921 / 1.13500 Stop: 1.14351
Bearish bat pattern complete Trendline is touched on 3rd time Therefore lets short AJ Target: 78.140 / ascending trendline Stop: 78.820
As chart shows the fight between buyers and sellers we can identify and anticipate to the chance created by this war. The structure is simple using trendline and understanding the board/resitance for buyers to take next controng. Risk/Reward 5-1
Here we have a nice selling position on AUDJPY. We have trendline which has tested 4 times and finally breaksdown Now price making pullback before drop. We can sell here and hold it till support level. We can have another more bigger pullback so it is better to wait for price to drop to 77.100 level before using b-e or taking half position
We can find important level at 1286.33 1285.50 Bearish bat pattern completed here Previous structure level has rejected price and keeps holding lower We can anticipate further downtrend Target: 1276.53 Stop: above structure level
Price is moving in rising channel Looking the first moves we can predict possible long position here Long rejection candle (hammer pattern) closed at third touch We can open a buy position here and aim higher ascending trendline On the way, we can add small position on each pullbacks SL: 81.578
Impuls AB=CD wave pattern Lower high is created Previous structure level which is strong to break up Lets sell NZD here and aim first rally zone at 0.65940 Stop: 0.67570
Another big drop ahead 5 movement pattern completed Inside rising wage completed Sell the pullback Aim: lower ascending trendline Stop: above 5th move