TradeChartPatternsLikeThePros

TradeChartPatternsLikeThePros Updated 

Hello traders and welcome! Let's take a look at GBPJPY today. The British Pound Japanese Yen has formed a price action reversal pattern known as a double bottom on its hourly chart. The price has created two bottoms, with the first at 180.817 and the second at 180.899, with a peak at 182.320. We can draw our neckline breakout. Now, our trade setup is about to...

TradeChartPatternsLikeThePros Updated 

Hello Traders, Let's turn our attention to the gold market, where an exciting trading opportunity is unfolding. We simply cannot overlook this promising setup. Here's the analysis I have prepared for you: On its daily chart, gold has formed an advanced harmonic pattern, specifically the 121 pattern. This pattern signals potential significant movements in the...

TradeChartPatternsLikeThePros Updated 

Greetings, Traders! Welcome back to another insightful technical analysis, this time focusing on the fascinating world of gold, the XAUUSD pair. Our vigilant observations have led us to unravel the mysteries of this precious metal's price action. Let's jump right in and explore the intricacies without delay. Our journey begins with the emergence of the initial...

TradeChartPatternsLikeThePros Updated 

Many skills are required for trading successfully in the financial markets. They include the abilities to evaluate a company's fundamentals and to determine the direction of a market trend. But neither of these technical skills is as important as the trader's mindset. The recognition of patterns and its body of knowledge of how to react and what to expect helps a...

TradeChartPatternsLikeThePros

Hello Traders! 👋 It looks like it's time to refresh the idea in the British New Zealand (GBPNZD) pair. Since my last idea didn't turn out as expected, but no worries, I've got you covered. The price on the hourly chart is currently trading within a rectangular channel between the upper trend line breakout at 2.05294 and the lower trend line breakout at...

TradeChartPatternsLikeThePros Updated 

Hello traders!👋 Welcome to another analysis. Today, we'll be diving into the GBP/NZD currency pair, which presents an excellent trading opportunity. The chart showcases a price action reversal pattern, "Inverse Head and Shoulders," on its hourly chart. Prior to this formation, the price had been on a prolonged downtrend. With this pattern emerging, there's...

TradeChartPatternsLikeThePros Updated 

GBPJPY is trading in ascending triangle on its hourly chart and the price has broken above the Breakout: 172.331. Target1: 62%%: 176.600 79%%: 177.750

TradeChartPatternsLikeThePros Updated 

XAUUSD has formed an advance harmonics pattern crab bearish on its hourly chart. The price is trading below the EL: 2062.79. ST: 2044.94 Targets: 62% AB: 1996.48 79% AB:1985.42 127% AB: 1954.70 162% AB: 1900.09

TradeChartPatternsLikeThePros Updated 

SPY has formed a price action reversal pattern inv. head and shoulders in its daily chart. The price is trading below the Breakout: 417.44. ST: below the low previous to breakout. Targets: 62%: 459.74 79%: 471.01

TradeChartPatternsLikeThePros Updated 

USDCHF has formed a price action reversal pattern double bottom on its hourly chart. The price is trading near the neck line breakout 0.87005 Break above 0.87005 Targets: 100% AB: 0.88494 150% AB: 0.89245

TradeChartPatternsLikeThePros Updated 

Hello Trader, I hope you've had a successful trading week so far! Let's have a closer look at NZD/JPY. It's displaying a price action reversal pattern, specifically an inverse head and shoulders, on its hourly chart. Currently, the price is trading near the neckline breakout at 86.939. Stops are set at the mid-right shoulder: ST: 86.550 Target 1: - 62%:...

TradeChartPatternsLikeThePros Updated 

Hello traders, and welcome to our "Trade Chart Patterns Like the Pros" analysis. Today, we're zooming in on CADJPY, which is showcasing an ascending triangle pattern. The ascending triangle is a bullish formation that usually forms during an uptrend as a continuation pattern. It is characterized by a flat resistance line and a rising support line. As the price...

TradeChartPatternsLikeThePros

👋 Hello Traders! Welcome to today's analysis. Having monitored this pair for several months and successfully entering a long position above EL: 0.65435, it's time to provide a fresh update on the current state of the pair. CADCHF showcases a clear Double Bottom pattern. This formation can be traced back to the high on May 22. It's significant to note that...

TradeChartPatternsLikeThePros Updated 

Hello and welcome to an insightful journey into the world of trading chart patterns, where we'll explore how to analyze and leverage patterns like a professional trader. Whether you're new to trading or looking to refine your skills, understanding chart patterns can provide valuable insights into market trends and potential opportunities. The Power of Chart...

TradeChartPatternsLikeThePros Updated 

CADCHF has formed a price action reversal pattern double bottom on its daily chart. The price is trading the long entry level EL: 0.65644. ST: 0.64798 Targets: 100% AB: 0.71896 150% AB: 0.73651

TradeChartPatternsLikeThePros Updated 

EURAUD is trading in rectangle channel below the Upper Trend Line Breakout: 1.66064. If breaks above targets : 50%: 1.67962 100%: 1.69819

TradeChartPatternsLikeThePros Updated 

Hello, Traders Today, we are turning our gaze towards the NZD/JPY pair, which is showcasing a remarkable trading opportunity. Upon examining its hourly chart, we notice that it has formed an advanced harmonic pattern, specifically the Gartley Bullish pattern. This development indicates a potential upward movement in the near future. Currently, the price is...

TradeChartPatternsLikeThePros Updated 

The Cup & Handle Pattern: A Comprehensive Guide to Continuation Mastery In the vast realm of technical analysis, the Cup & Handle pattern emerges as a brilliant beacon of insight—an extraordinary exemplar of a continuation pattern that elegantly unveils the ongoing momentum within an established trend. Its inherent elegance lies in its unparalleled ability to...