Copper is forming a perfect 5-0 pattern, 1.50% retracement at 2.088 2.reciprocal AB=CD at 2.086 3.smaller ab=cd at 2.086,which is heading to the 0.618 retracment of this impulse tp1:2.14, tp2:2.2 sl:2.65
I would like to long this pair with a good PL ratio
1.AB=CD at 2.14442 2.0.618 retracement at 2.13383 3.Former structure suggested a strong resistance at 2.13409 TP1:2.24278 TP2:2.36413 TP3: 2.46274 SL: 2.075
1.Three Drive Pattern at 35.1 2.1.618 extention of 2nd impulse at 34.68 3.2 extention of 1st impulse at 34.24 4.1.27 extention at 34.58 5.RSI divergence
1.1.618 extension at 1.35562,failed to break 2.1.13 extension at 1.3585 ,failed to break 3.upper line of the ending wave 4.RSI divergent nicely 5.1H bearish Crab at 1.35326 SL:1.357 TP1:1.328 TP2:1.31083
1.0.618 Retracement on the 1H chart 2.Strong structure 3.Bottom of the down tunnel which belongs to a correction move SL:1.49774 TP1:1.51578 TP2:1.528
1.Cypher pattern at 0.786XA=0.98844 2.0.618 Retracement 3.Strong Structure SL:1.00035
1.Long time AB=CD(,A is 34.68 ,2008-11-10,B is 406.89,2014-1-6) at 656.9 2.Smaller 1.618 ab=cd (a is 166.97,2011-12-26) at 672.57 3.1.27 extension in 2015 at 660.77 4.RSI divergence
1.C is 1.27AB 2.1.618 BC is 0.70144 3.0.886 XA is 0.699 let's waiting for a sharp test of the Entire PRZ,once the price reverse nicely ,we trigger the trade and put the sl at 0.6925 tp1:0.71888 tp2::0.72471
Big Shark in longtime weekly chart 1.You can see an impulse wave on 2009-2-23 which ended at 1.27 AB 2.1.618 BC at 51.5 3.0.886 XA at 55.4 Small Deep Crab in recently,forming 1.618 XA at 56.18 If you look closely in daily chart you can find a smaller Bat which have been broken out I will not short until the market reversal nicely after the initial test of the PRZ
Once the 1.526 level been broken ,i will be looking for the 1.538-1.5366 to short 1.AB=CD 2 the stracture showing in the chart 3 down trend line
1.Perfect AB=CD=EF 2.Former high arround 3377-3390 3.each wave have a 1.414 extention at most SL:3405 TP:3000
1.1.27XA at 2.19 2.1.13AB=CD at 2.134 3.the long time downtrend support line 4.RSI still divergent we can put the SL a little bit below 1.618BC=2.096,i think 2.09 would be appropriate tp1:2.268 tp2:2.354 tp3:2.493 I know the copper has declined for a long time ,maybe it's a good idea to short when the price rallies.But when the downside trend goes extremely to...
A potential bearish butterfly of USDCHF is coming soon 1.1.27AB extention at 1.00015 2.AB=CD finished at 1.000 3.the 1.000 gate
1.C is at exactly 1.27 XA 2.D is at 0.786 XA and 1.618 BC 3.daily support line SL:43.37 TP1:45.2 TP2:46.52
I will keep an eye on USDJPY recently ,because this pair is running into a very short area: 1.0.786 XA and 1.414 BC at 123.3 2.AB=CD at 123.7 3.1.618 BC at 124 4.The downtrendline above 124,the uptrend line which have been broke on 2015-8-24,is now at 123.6 above 5.Smaller ab=cd at 123.4 The entance would be rather wide and SL will be large ,but considering the...
It's a pity that I didn't catch this 5-0 pattern,which is very classic and merely seen in real trade circumstances 1.B is at 1.27 XA 2.C is at 1.618 AB 3.D is at 50% of BC 4.AB=CD finished
GBPUSD goes exactly in a 5-0 pattern 1.a down trend ahead,halt at X 2.the trend failed to go further after extended to the 1.618 XA 3.then the price rallied sharply to C,where the 1.618AB is 4.the price fall back to 50% of BC,and the AB=CD convestrged well 5.the PRZ has been tested twice and reversal is sharp SL:1.53515 TP:in chart