TMayne

TMayne

The corrective structure has broken in the direction of the impulsive move, a long position has good probabilities

TMayne

We have a consolidation after an impulsive break. More downside is probable in this market.

TMayne

After the double top, price broke below the neckline and is now retesting correctively.

TMayne

It’s time to see some sellers jump in, technicals suggest a drop to the 14,66 region

TMayne

Bank order flow indicate hedge funds have stacked their long positions so we can expect an impulse up from the 61.8 fib zone marked on the chart. Observe Lower time frames for a change in the environment to turn bullish then you may enter long

TMayne

As the GBP gets stronger and USD keeps confusing investors. Coupled with the wedge and structure. This is a good Long trade to be in

TMayne

Aggressive entry. Otherwise wait for an entry reason though we have some confluence with Elliot waves and market structure

TMayne

Up against resistance and it looks like momentum was lost. We could see a drop from this point. Set stop orders and let the trade take you in

TMayne

We can expect this pair to go long considering levels of support. It also has the potential to break resistance structure levels for extended profits

TMayne

Targets stops and targets marked on the chart in expectation of the rising channel to continue. Look for entries in the buy zone

TMayne

On completion of this gartley stops entries and targets have been marked on the chart

TMayne Updated 

On completion of this harmonic pattern enter the long position with stops and targets marked on the chart

TMayne

On completion of this gartley we’ll open long positions with the figures marked on the chart

TMayne

If you didn’t open this position in time to hit first targets we’re retesting the lows and this could be a potential re-entry

TMayne

Price came up just to open our limit orders and hopefully continues to retrace down to our first and second targets.

TMayne

If we complete this cypher. Entries, stops and targets are on the chart.

TMayne

butterfly harmonic pattern complete. With stops around 0.5324 and first targets at 0.5456 we have a great risk reward and last targets are optional at 0.5648

TMayne

Always good to find a harmonic pattern at a level of structure. Entries, stops and targets are marked on the chart