UnknownUnicorn99356

UnknownUnicorn99356

AUDNZD haw been trending up recently but in the long term the pair is in a downtrend. Price is has reached a key resistence area where we will look for bearish harmonic patterns or price action sell signals, in the coming days. If price breaks this resistance area we will wait for price to pull back and then try to indetify bullish patterns or price action buy signals.

UnknownUnicorn99356

Price formed a bearish pinbar in the daily chart after retesting 50 SMA, short term trendline and horizontal resistance line.

UnknownUnicorn99356

Silver formed a bearish pin bar sell signal in the daily chart yesterday after retesting: 50 Simple Moving Average Trendline Horisontal Resistance

UnknownUnicorn99356

In a previous post earlier today we indetified a zone where you should wait for a sell set up. Although the price isn't exactly in that zone a bearish pin bar has formed extremely close. The price has retraced 50% to that pinbar which gives us a better R/R ratio. I think i will give it a shot.

UnknownUnicorn99356

Here we see price moving up heading to the Daily Trendiline (Downtrend). In that area we meet the 1.618 of the CD level of a Deep Crab Harmonic Pattern which gives us a high probability sell opportunity. As i mentioned in a previous post, i only trade harmonic patterns which form in a key support & resistance level.

UnknownUnicorn99356

Bearish Bat Pattern on a 4h Trendline (Downtrend). In the Daily chart the 50-days simple moving average is forming another potential support. Update: Trade Won

UnknownUnicorn99356

Gold is currently moving up, and i thought i could give some levels we can trade from. Note that in the zone between 1205 - 1210 we meet the following: Trendline in daily chart (downtrend) 0.618 Fibonacci Retracement from 1232 to 1162 leg 1.618 Fibonacci Extention from 1162 to 1189 leg 200 Moving Average at Daily Chart Look for a price action sell signal...

UnknownUnicorn99356

The NZDJPY formed a bullish bat pattern in the Daily chart. The .886 Fibonacci of the CD level is also supported by the bottom trendline on the daily chart . Although i rarely use anything else but price action we can also consider that the RSI is oversold. P.S: When i trade harmonic patterns i always try to trade them when they form on key support & resistance...

UnknownUnicorn99356

The JPN225 formed a bullish bat pattern in the 4h chart. The .886 Fibonacci of the CD level is also supported by the bottom trendline of a daily channel. We could see price move higher as the whole trend is an uptrend.

UnknownUnicorn99356

Trading Setups: GER30 (DAX) Pin Bar Buy Signal The GER30 (DAX) formed a bullish pin bar buy signal yesterday after moving briefly below 10970 key support level. In addition we can see that this bullish pin bar almost formed at the bottom line of a channel. We could see price move higher from this pin bar in the coming days. Yesterday price retraced 50% which...