Price dipped down a bit on the fibonacci retracement and setting up for another long. This has been an area of consolidation since early this morning and has a slight chance of falling short. However the trends and other analysis point to long. Once a candle pattern and MA crossing signals that helps confirm the long.
Into the weekend a little drawdown as the EURUSD is hitting the PRZ zone and starting to reverse at 38.2% on FIB. A little drawdown and due to weekend shifts and jumps I am going to move the Stop out a bit further to prevent being artificially stopped out from market jumps. The grey block from original SL to 1.08683 is to signify a bookmark of sorts so I'll know...
These are 3 previous patterns from EURUSD that were the basis behind the batman trading charts. The question now is will we continue on or will we break structure again and start heading back down for another round? watching the fibonacci areas in order to determine the potential patterns going on. Update will be posted later, here is to hoping to see new pattern...
EURUSD busted market structure as predicted and has mirrored it's previous downward motion forming the batman signal. After a 100 pip gain from original order (placed a trailing stop at top and took off original TP) We are now looking for a retracement pattern either at the PRZ (price reversal zone) or if this is going to be a continuation pattern. Closing on the...
We are reaching the peak of the batman symbol **POW** **WHACK** (old batman) for the mirrored high on EURUSD. The order placed is at the top... but will it keep going? who knows. time for a Trailing stop to grab those free pips. (this is still not financial advice, just chart patterns). With this said, EURUSD is now on my favorite list and will be getting more of...
Looking for either a continuation long at 23.6% or a price reversal confirmation at 61.80%. Long term h4,daily,weekly showing uptrend so if reversal, looking for shorter profit distance.
Continuing with the D1, H4 and H1 trendlines, creating a new Highest High (at this time) and setting stops at the last lowest low... Come on AJ don't break the market structure today! Keep on trucking and recovering all that you lost from March 12th... the bloody day where the market caught COVID-19. **This is personal and educational trading data. This is not...
Are we finally breaking market structure and reversing direction? Just starting to pick up some volatility from the EUR news a few hours ago, breaking this consolidation streak. Can we expect to start getting in new orders soon with more confidence?
Added essential pivots in blue. Waiting for confirmation to go long with trend at 38.2% on fib.
Just updating from earlier. Still a jumbled mess of lines and Fibs, but enough to get a good entry. (for me. This is not advising anyone on financial decisions.)
showing Key Pivot points March-May for H1-D1 indecision levels and soon more analysis.