TradeChartPatternsLikeThePros

TradeChartPatternsLikeThePros Updated 

Hello Traders, Today, we are having a closer look at CHFJPY, which presents a promising trading opportunity. Upon analysing the daily chart, we can observe a geometric pattern resembling a diamond shape. The trade has already been initiated, and you can view it here: However, don't worry; I have more news to share with you. It's important to note that the...

TradeChartPatternsLikeThePros Updated 

Greetings, fellow traders! Let's shift our focus to NZDUSD, where an exciting trading opportunity awaits our attention. The pair has notably established two distinct boundary lines, effectively containing the price within a rectangular channel. Notably, the price has recently breached the lower trend line, marking a significant development. Key Points: - Lower...

TradeChartPatternsLikeThePros

Hello traders! Let's explore USDJPY, where a cup and handle pattern has formed on its daily chart. Currently, the price is trading below the breakout level at 151.928. If we observe a breakout above this level, potential targets for this pattern could be: Targets: - 62% at 167.294 - 79% at 171.402 Keep a close eye on the price action around these levels, as they...

TradeChartPatternsLikeThePros

Hello, traders, and welcome! Today, let's delve into USDCHF, where an inverse head and shoulders pattern has formed on its daily chart. Currently, the price is positioned below the neckline breakout at 0.91501. Should we observe a breakout above this level, it could potentially lead to the following targets: Extended Targets: 62% at 0.95133 79% at 0.96130 INV....

TradeChartPatternsLikeThePros Updated 

Hello fellow traders, it's great to connect with you today. Let's dive into the analysis for USD/CAD. Upon reviewing the daily chart of USD/CAD, I've identified a potentially promising pattern - a double bottom formation. This pattern indicates a potential reversal of the downtrend and could lead to a bullish move in the pair. The key points to note are: 1....

TradeChartPatternsLikeThePros Updated 

Hello Traders, and welcome! Today, we have an exciting setup to discuss involving the USDCAD pair. On its daily chart, an inverse head and shoulders pattern has formed, and the price is currently trading above the neckline breakout at 1.36534. We are looking to initiate a trade above the neckline breakout at 1.36534. After a successful breakout, it's essential...

TradeChartPatternsLikeThePros Updated 

SGDJPY has formed a Cup & Handle Pattern on its daily chart. The price has double bottom 103.682 forming a handle low and the price has broken above the Breakout: 106.292. ST: 104.903 Target1 62%: 112.282-79%: 113.948

TradeChartPatternsLikeThePros Updated 

GBPNZD is trading a diamond bottom on its daily chart and the price is currently trading 1.98040.

TradeChartPatternsLikeThePros Updated 

GBPNZD has formed a Diamond Bottom reversal pattern on its daily chart. The Price is trading near the Breakout: 2.03195. ST: 1.99395 Target1: 62%: 2.16627 79%:2.20281 Target2: 127%: 2.24911 162%: 2.38346

TradeChartPatternsLikeThePros

Hello traders and welcome! GBPNZD has formed an ABC bullish pattern on its daily chart, and the current price is trading above the long entry level (EL) at 2.05377. In this context, the anticipated target levels for Zone 1 are: Targets Zone 1: - 62% AB at 2.14142 - 79% AB at 2.17279

TradeChartPatternsLikeThePros Updated 

GBPNZD has formed a C&H pattern on its daily chart. The price is trading the Breakout: 2.03180 St: 2.00757 Targets: 62%: 2.12282 79%: 2.14810 127%: 2.22022 162%: 2.27123

TradeChartPatternsLikeThePros

GBPAUD has formed an ABC bullish pattern, and the price is currently trading above the long entry level (EL) at 1.91280. In this scenario, the anticipated target levels for Tablet Zone 1 are: Tablet Zone 1: 62% AB at 1.97719 79% AB at 2.00234

TradeChartPatternsLikeThePros Updated 

EURNZD has formed on its weekly chart a C&H pattern and the price is trading above the law handle 1.71243. Breakout: 1.80124 ST: 1.75266 Targets: 62%: 1.96211 79%: 2.00378

TradeChartPatternsLikeThePros Updated 

Greetings, fellow traders! Let's dive into the exciting world of forex trading and explore a promising opportunity in the EUR/NZD currency pair. Our focus today is on EUR/NZD, which has displayed a compelling ABC bullish pattern on its daily chart. This pattern presents a potential pathway for traders to capitalize on. As we analyze this setup, we can observe...

TradeChartPatternsLikeThePros Updated 

EURJPY has formed an advance harmonics pattern on its hourly chart. The price is trading above the EL: 142.976. ST: 142.548 wall: 38% AD: 143.743 targets 62% AD: 144.479 79% AD: 145.000 127% AD: 146.523 162% AD: 147.597

TradeChartPatternsLikeThePros Updated 

EURJPY has formed an ABC bullish pattern on its daily chart. The price is trading above the long entry level EL: 147.269 Targets: 62% AB: 151.722 79% AB: 153.261

TradeChartPatternsLikeThePros Updated 

EURJPY is trading in symmetric triangle below a possible Breakout: 145.568 . Symmetric triangle patterns are only valid when the price breaks above or below the support or resistances levels.

TradeChartPatternsLikeThePros Updated 

Hello Traders, Today, we're focusing on EUR/GBP. I'm thrilled to share this analysis, especially since I don't often publish such insights. Let this be the inaugural one. On its daily chart, EUR/GBP is navigating through the 5th wave within an expanding triangle. Recent price movements hint at a potential reversal, underscored by the formation of a price...