GBP/AUD in potential gartley pattern in 4 hours time frame. Bat pattern in prior chart have completed and we look for bearish opportunity in gartley pattern today. We may go short where we may put stop loss in C leg or waiting this chart formation complete in D leg to look for go long. feel free to discuss or any idea for better target.
GBP/USD is moving in low volatility yesterday and today is expected moving higher. Based on the chart pattern, we wait the formation from B to C leg in 88.6% retracement area, then we may expect to move in D leg for batt pattern formation.
USD/JPY in bullish trend and we look for correction in retracement area 1.27% for butterfly pattern. Short pending order: 123.19 SL : 123.45
NZDUSD in daily chart potentially forming ABCD pattern where price stop in 61.8% retracement as stong support area. We may looking for long position as price still open in this retracement area. We may put stop loss below this area or when price have breakout to 0.63926. For aggresive trader may put target profit in D leg where final ABCD pattern have complete....
EURJPY in weekly chart potentially forming gartley pattern where this week price will go down to 88.6% retracement area before it will go higher to D leg area around 147.192. For longer term we may go long from the bottom price of gartley pattern around 129.112 please feel free to discuss for better result. If you feel it good for you you may like it.
GBPUSD tend to move higher to retrace 61.8% of bearish trend. We may consider to go short in 1.5323 target 1.5153.
AUDUSD in Three drive pattern in H4 time frame. It seems Aussie today will follow three drive pattern where price will retrace to 0.70638 as strong support. But if this pattern finally break up then it will be long go up for the next target to 0.72772. FB
Potential short in USDCAD When price unable to break strong resistance in retracement area 61.8% then price continue go down and form ABCD pattern.
Price potentially will continue to breakout in gbp/jpy. We may look for short opportunity since AB=CD pattern is completed but at the same time we see Three drive pattern for potential reversal