THE COINCIDENCE OF TWO ABCD PATTERNS
Target point:1648
hello dear traders. 1.butterfly pattern is in progress. 2.we are at the bottom of a channel 3.AB=CD pattern is formed 4.we are currently at the end of wave 3 of elliot. 5.head and shoulder pattern is completed we can wait for confimation and then go long on the pair toward wave 4.that is,108.294 approximately. thanks for your visit.
Hello dear traders. AB=CD pattern is formed on EURUSD on H4 timeframe. its at the bottom of a descending channel. moreover a pinbar candlestick is formed. wish you luck.
hello dear traders. as you can see the gold prices have already broken the channel and they are forming a head and shoulder pattern(wait for neckline break confirmation) moreover,the prices are trying to complete the C wave of elliot. wish u many pips
hello dear traders. as you can see on the figure,A perfect cypher pattern is formed on GBPUSD on H4 timeframe. Moreover,right shoulder of a head and shoulder pattern is in progress. wait for the HSH pattern to pass the neckline,then you may want to enter. wish you many pips. thanks for your visit.
Hello dear traders. ABCD and a perfect Gartley pattern are formed in EURNZD pair on daily timeframe,besides a divergence is formed. Entering into short position will provide you a good R-R ratio. wish you many pips. thanks for visiting.
Hello dear traders. How about simplifying our trading a little for today? we are currently at the correction of an uptrend which retraced itself down to 61.8% fibo level and surprisingly it concides with a great hammer.not to mention that another hammer is formed in H1 timeframe as well. you can enter into long position if the hammer will be confirmed.if so,you...
Hello dear traders. as you can see a perfect bearish bat pattern is formed in daily timeframe. not to mention that the prices has just retested the uptrend. 132.146 would be a good target(long-term support zone which concides with 38.2% fibbonacci level) thanks for your visit.
hello dear traders. as you can a bearish three drive pattern is formed. further decline to short-term support area at 1.32398 is due. thanks for your visit.
as you can vividly see,a bat pattern is formed on daily timeframe. besides,a descending channel is formed on H1 timeframe,which is already broken. moreover,the last LL and LH in h4 timeframe are broken. we will enter into buy position,if the prices pass 1.09770.
Hi. It seems that Bitcoin hasn’t decided yet where to go,not to mention that the prices are stucked in a symmetrical triangle. If the prices break above 10300$ which is the triangle resistence,the prices may rise as much as the triangle’s height. Note that 100 SMA has crossed above 200 SMA which indicate that buyers are ready to take the control of...
Last week,the index rose up to 3028 area as it was expected. The index fell approximately -0.80,as geopolitical tensions in middleast escalated over drown attack to Saudi Arabia pipelines,which made the oil prices rise about 10%. If 3028 servers as a mid-term pivotal support,the index prices may rise up to 3028.
Last week,the index rose up to 3028 area as it was expected. The index fell approximately -0.80,as geopolitical tensions in middleast escalated over drown attack to Saudi Arabia pipelines,which made the oil prices rise about 10%. If 3028 servers as a mid-term pivotal support,the index prices may rise up to 3028.