FX:EURAUD has also produced two butterflies with short and long opportunities. Do your own due diligence taking into account the many upcoming news events on the Euro :) Good Luck
COINBASE:ETHUSD presents two bearish harmonic patterns in this generally bearish crypto saga :) Fundamentals and Technicals appear to be in conflict in the crypto world hence making it hard for anyone to accurately predict the direction of any crypto market. These are certainly very risky markets and of course just like any other market, there are no absolute...
AUDJPY has been impulsively bearish and bullish recently after bouncing off and back to the 85.50 zone, where its currently showing bearish momentum once again. However, the pair has failed to break past all three support levels at monthly, weekly and daily plus some good signs of bullish momentum kicking back in as we have a double bottom on the H4 and some kind...
This butterfly pattern seats in a pretty comfortable support and resistance zone with a somewhat visible ascending head and shoulder formation. So I have picked my entry points as you can see but remember to watch the fundamentals. Here are the fundamental factors to keep in mind on Gold: -Australian ANZ Job Advertisements -Australian TD Securities...
This butterfly pattern seats amidst solid support and resistance levels but also there seems to be a tight squeeze that has been broken by bearish momentum. My usual C point entry has been excused in this case but it could still pull through if the bearish momentum is short term. Time will tell. Good Luck
GBPAUD is bullish on H1, H4, D and W charts just like EURAUD. Technical analysis reveals a bullish butterfly pattern with some reliable potential reversal price levels based on support and resistance. However, it is important to do your own due diligence on the following fundamentals: GBP: British Halifax House Price Index, British Industrial Production and...
This butterfly bear seats well within my previous analysis on EURUSD hence making it to my public ledger :) See my previous analysis here:
This butterfly bull is anchored at a convenient resistance level and appears to be heading towards completion. As always I already jumped on to the C entry and the USD news events today appear to be in favor of the pattern. :)
We have a clean down trend channel on the Daily chart and this lovely butterfly is flying within that channel, presenting a potential shorting opportunity. As is with my trading strategy, I never neglect a "C" point opportunity if I believe in the "D". Nonetheless, this is clearly a down trend setup and so you have to be careful with the C trade. Sometimes I catch...
FX:JPN225 has been on my watchlist since last week after my mentor gave me a heads-up on it during a friendly chat :). My technicals revealed solid weekly and monthly resistance at the same levels hence prompting me to set my sell order at the monthly resistance level 22860.50 as you can see on my active "C" point trade. By then, the gartley pattern had not yet...
This butterfly on FX:NZDUSD is flying within solid support and resistance levels presenting a potential sell opportunity in the short term and a long opportunity long term. Take note of upcoming news events later today; GDP, FED SPEECH, CPCE and USD and Building Permits on NZD later tonight. Good luck
This gartley bull brings with it a number of possibilities purely based on price action. We see solid support and resistance levels for both short and longterm potential opportunities. Long term, I technically see a downward move to 0.84104 in the next couple of months then potentially continue down to the 0.70000 levels. Short term, it's all about respecting...
Here comes a gartley bear on FX:USDOLLAR Potentially 50pips harvest if the market dances Calypso :)
It's my beloved butterfly again presenting itself in the midst of solid support and resistance levels. I have no other choice than to Buy it at "C" and Sell it at "D". Remember, "C" point trades are not in the official trading rule-book, but mine allows bending the rules :) It has worked before and so I wouldn't be surprised if it worked again. As always, if I...
Here is a Gartley bull to explore on FX:USDCAD . I play by the same rules in my trading rule-book, you decide what works best for you :) Cheers!
It's my beloved butterfly again presenting itself in the midst of solid support and resistance levels on FX:XAGUSD . I Short it at "C" and Buy it at "D". Remember, "C" point trades are not in the official trading rule-book, but mine allows bending the rules :) FX:XAGUSD Good Luck.
These 2 lovely bull and bear butterflies have just been born and they are flying within some well established support and resistance levels. Take note of upcoming news events on the Euro: HICP, CPI, Retail Sales, GDP, Unemployment, Speeches, ETC. Good Luck
FX:EURUSD is currently bullish on H1, H4 and Daily charts. It hasn't been doing well with harmonic patterns lately and I find it more profitable with support and resistance at certain levels after doing some more back testing :) Fundamentals also seem to favor bullish movement, hence my decision to go long now and short above 1.20000. Lets give this set up a...