johneee3456

johneee3456

If the cypher pattern and the ab=cd can complete, then both of the D points would converge in the same area.

johneee3456

CYPHER PATTERN Daily Chart If the pattern is able to complete then I will be observing the price action in that area for a possible short entry. If however it continues upwards then I would look at a possible shark pattern.

johneee3456

There is a possible BAT pattern forming on the EUR/USD 15min chart.

johneee3456

If price is able to move up to approximately the 0.9690 it would form a bat pattern.

johneee3456

The butterfly if it was to complete would be around the 1.94 or 1.95 area. The 161.b extension of the BC leg is approximately 1.9180, if it can push past this area then I would expect the butterfly to form. With the AUD fundamental weakness at the moment it is possible.

johneee3456

It has quite a long way to go before it can complete but the AUD fundamental weakness could allow for it.

johneee3456

The AUD does not have any fundamental strength at the moment but if this week can bring some strength to the AUD then this could be a potential opportunity.

johneee3456

The price action and the pattern both point to bullishness.

johneee3456

Both the patterns converge in the same area.

johneee3456

The possible crab pattern forms into the same prz area as the longer term cypher pattern.

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The cypher pattern coincides with a possible crab pattern in the same prz area.

johneee3456

HARMONIC BAT PATTERN GBP/JPY

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HARMONIC BAT PATTERN USD/CHF

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POSSIBLE DAILY HARMONIC CRAB PATTERN FORMING ON THE USD/CAD.

johneee3456

If this pattern can complete as an extended bullish butterfly then I will be observing the price action at the PRZ.

johneee3456

The 161.8 ext of the AB=CD pattern converges at the end of a potential crab pattern. If the crab pattern completes I will be watching price action very closely at this area.

johneee3456

I will be observing the price action closely at the PRZ.

johneee3456

I will be observing the price action closely at the PRZ.