AUDCAD has broken out of key structure, lets see if we can get a pullback for a long. Entry at half daily engulf, stop loss below the daily engulf
Butterfly harmonic pattern completion on the double top rejection. Price created a higher high but was swiftly rejected. RSI divergence spotted making lower highs.
Uptrend has been established. Looking to enter on the retest of the trendline. 1 ATR stop loss below the recent swing low and profit target on the most recent structure
Deep crab has completed at long term support, i'm waiting for a valid reversal signal for a long position. Need to wait at least a day after Australia's employment data is released tomorrow (15 November GM+8 8:30am) #tradingwerks
Audusd has been rejected from trendline resistance. I'm expecting this to break through the horizontal support and form a new low.
Price has rejected from the trendline resistance and gartley pattern . Pinbar formed on the daily time frame. Expecting price to retest the ascending trendline , forming a triangle. Able to short on the next retracement, stop loss above the daily pinbar . Profit target on the ascending trendline
Price has rejected from the trendline resistance and gartley pattern. Pinbar formed on the daily time frame. Expecting price to retest the ascending trendline , forming a triangle. Able to short on the next retracement, stop loss above the daily pinbar . Profit target on the ascending trendline
Would be looking for an entry if there is a reversal signal. Target is a 1:1 move projected from the head to the neckline hitting the next major support. Stop loss above the right shoulder #tradingwerks
Potential swing trading opportunity setting up on the AUDNZD pair Price has broken major structure which confirms the downtrend and has pulled back to previous structure Expecting a move lower over the next few days #tradingwerks
Bearish engulf just completed with 4hr stochastic crossover Gartley pattern completion
4hr potential bat pattern formation. Expecting price to break the ascending trendline to complete the bat pattern. Will be looking for an entry in the potential reversal zone. Stop loss is below the major structure and ootential reversal zone Profit target is on the retest on the previous broken trendline and structure.
A potential harmonic bat pattern is forming on the EURGBP pair. Harmonic entry also coincides with the descending trendline and a recent structure. I will be looking out for reversal patterns for entry in the potential reversal zone.
Looks like momentum has stopped, on a double bottom and a deep crab harmonic formation #tradingwerks
Entering a short might be possible if momentum slows down from here #tradingwerks