Dear traders, get ready for the long run. As we see on the FX:EURUSD 4H chart we have a very nice long opportunity. 1. Look at the channel where price has tested the edges four times and the fifth point is going to be the entry level. 2. Green support zone @1.0992: We have three retest at this level, some noise as well at the "X" point of Gartley pattern,...
Hello! Bat pattern is almost finished and ready to rally up. We have a very nice reversal zone with the confluence of diagonal support (red trendline) and 0.618 fibs confluence. Stops should go below the X and our targets will be 124.22 and 124.4. -- www.rcpforex.com
Very nice harmonic move for the next week. As we see there is a nice ABCD completed pattern @125.43. Our targets are fibs 0.382 and fibs 0.618. At 0.382 we have a nice support level which is also a structure level of AB leg. Our stops go above 125.43. -- www.rcpforex.com
1. ABCD harmonic pattern @160.00 2. 1.414 extension of AB 3. 1.618 inversion of BC 4. Resistance level @160.13 5. Look left for structure -- Manager.A www.rcpforex.com
Hello Everyone. Everything is given on the chart. Recently the pair has very low volatility and its time to go in action. Lets see what the market does. --- www.rcpforex.com
Good day everyone! We have a very nice 2h AUDUSD chart ready for the next week. 0.7243 is a key resistance level and 0.7010 is a key support level. In addition there is a very nice diagonal support (red trend line) which was broken recently. This is an overall view of the chart. Now let’s go in depth and build our setup. There is a very nice bullish Bat...
Gartley pattern is finished @0.7887 near the key resist level, but price found some support @0.7863 which might pull the price little up to retest the resistance level and form double top. Traders who missed the trade have an opportunity to get involved if the price retests the reversal zone. Stops should go above 0.7895 and our target zone will be between fibs...
Hello everyone! Very nice long opportunity on FX:EURUSD . The chart says everything. So, what we have here: 1. Diagonal structure trend line, which acts like a magnet, as we see the support has become resistance @1.1330 2. 1.1330 is the completion level of bearish bat pattern and ABCD pattern. 3. we grabbed some profit from this pattern trading and the price came...
Good Sunday Traders! I see a very nice opportunity to get involved in FX:GBPUSD long. So, what we have here is very nice channel and a bullish bat pattern.I am looking for the price to come around 1.4150 and then rally up. The stops should go below the PRZ and our target will be somewhere between the channel support level and fibs 0.382. -- Avto_T Financial...
Hello traders! We have a very nice buy setup on FX:GBPUSD today. There is a big triangle and inside the triangle bearish gartley. The entry level is @1.4403 which is the support level of triangle. Our stops go below the support 1.4382; look left for the structure. Our targets are fibs 38.2 and 61.8 zone. Good luck -- Avto_T Financial...
Hello traders! Today we have a very nice setup on FX:GBPJPY . As we see on the chart the market has broken the neckline of H&S, resistance is now a support; which means we are not in a bullish trend. Currently we have 3 potential harmonic pattern. 1. Big cypher 2. Little cypher 3. Bat According to my analyzes the best reversal zone is "PRZ 1" which is a...
Hello Traders! Today we have a bullish bat pattern on FX:AUDUSD . As we see on the chart there is a very nice reversal zone with the confluence of support 0.6919 and weekly S1. Our stops must go below this zone and our targets will be 38.2 and 61.8 fib levels. -- Avto_T Financial Analyst www.rcpforex.com
Hello everyone! We have nice opportunity to g long on FX:GBPUSD . We have a gartley pattrn with the confluence of several fibs ratios and structure support at X leg. Stops go below the PRZ and our targets are 38.2 and 61.8.. -- Avto_T Financial Analyst www.rcpforex.com
Hello Traders! Here is a perfect bullish gartley with 61.8 and 61.8 ratios on FX:EURAUD . If the market comes to 1.5605 it is a buy signal with the targets of 38.2 and 61.8, stops should go below 1.5515. Recently we had very nice harmonic patterns on this pair, which were triggered successfully, I assume this one will be profitable as well. -- Avto_T Financial...
Hello traders! As I mentioned in a few words about this big gartley yesterday on FX:AUDUSD in my idea, today it is going to be completed and get ready to go short. Our targets are located on very nice key levels and stops should go above the X leg 0.7077. -- Avto_T Financial Analyst www.rcpforex.com
Look at the chart and it says everything. 1. There is a H & S pattern, neckline is broken. 2. ABCD pattern is on its way to finish. Entry: 3. Go short on retest of the H & S neckline 4. Go long at the completion level of ABCD pattern -- Avto_T Financial Analyst www.rcpforex.com
Hello traders! There is a very interesting formation on FX:AUDUSD , that indicates that the bear market is going to the end and its time for bulls. As we see there is a nice bullish gartley @ 0.6945 and a good opportunity to buy. In addition very nice structure level @0.6936 is supporting the bulls. if you look left you see that currently the price is at the...
Hello traders! I am back and want to share my analyzes on FX:EURUSD On 4H chart we have a very nice channel with the confluence of harmonic moves and fib levels. According to the latest moves we are in a bear market and very good opportunity to go short at the edge of channel between 1.0927 and 1.0962. Targets will be as provided on the chart and in long term...