GBPUSD Seems to be going short for the next coming week... or weeks it's currently setting up for a BLACKSWAN where its touching a possible resistance zone. The resistance zone doesn't seem like a very strong one however its currently in position at a 38.2% retracement in the market and its touching a MAJOR trendline in the market. The trendline has made 2...
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If the market breaks to the upside its possible it can be completing a Bearing Bat Pattern around the 0.533 area.
As you can see, a bat pattern is currenty being formed on this instrument. It seems highly probable so i believe it should be taken into consideration.
When Target 1 is hit, move SL to BE!
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Bat Pattern Possibly forming on GBPUSD H4. The pattern is forming roughly at the .382 retracement of the low-high, retracing to a possible Support zone and there's also a previous trendline at the zone although said trendline was previously faked out. Join my telegram channel for future updates! t.me
Join my telegram channel for future updates! t.me
Hello, Good day! I just found a Shark Pattern on CADJPY D1 as you can see. It seems highly probable as it has a stronger X Point compared to the X point in the butterfly pattern i shared previously. Join my telegram channel for future updates! t.me
On Wednesday 13th of November there will be major USD news (CPI m/m and the Core CPI m/m.) I'm expecting this pattern to complete on that same said date. I'm expecting the actual value to be less than the forecast which would then push UJ to the downside. I would suggest however to take note of this, wait on the news to be out and if the actual value is less than...
Hello, Good day! I just found a butterfly pattern on CADJPY as you can see. It seems highly probable as its approaching the 1.272 level where there's a major downtrend trendline and possible resistance. Join my telegram channel for future updates! t.me
Hello, Good day! I just found a shark pattern on USDCAD as you can see. It seems highly probable due to the fact that its exactly around the 88.6% retracement currently, It's also literally on a major trendline, at a possible major support area and its at the 38.2% Retracement of the low to high of the trend. Join my telegram channel for future updates! t.me
Not professional advice. this is just me testing a strategy with probably a 60% chance of the market reversing at the point it is at the moment. However I'm still interested in this strategy to see how accurate it can be.