trungle83

trungle83 Updated 

Setting up for another impulse move. Bias is short

trungle83

Follow the trend long at support if we get a retracement

trungle83

GBPAUD Long - Deep Correction. AB=CD Support zone Trend continuation Trade

trungle83

Current sideways move creating a wedge. Looking for a final long to fill the gap back in 2016

trungle83 Updated 

Looks like the trend is ready to change GBPUSD H4 H&S Fib @ 618

trungle83 Updated 

BTCUSD have closed below the major TL on D1 chart. H4 shows a bullish impulsive move with a correction forming a bull flag. Could possibly retest the highs again. Let's see

trungle83 Updated 

GBPNZD Scenario 1: BAT pattern completes C to D leg with RSI divergence at a strong resistance zone which was also at a previous gap zone. I want to see a break of the low before looking for a short entry Scenario 2: BAT pattern fails and price breaks through resistance zone - BUY STOPS @ 1.91 with TP @ 1.995

trungle83 Updated 

2 Areas of interest: the extreme high of Channel - If price breaks extreme channel - Look for long trade opportunity Completion area of Gartley pattern -If price reaches D completion of Gartley pattern - Look for shorting opportunity. If neither, Price may continue to fall Plan and trade accordingly

trungle83 Updated 

AUDCAD currently in an ascending channel I have identified a potential Bat Pattern with good FIB and FIB EXT confluence. We have AU RBA rates and many CAD related news coming up this week. Let's see how this play out.

trungle83

Watch for a breakout and a pull back to form a H&S for shorting opportunity.

trungle83 Updated 

AB=CD completes at the extreme level of a down trend channel. Strong daily FIB and FIB ext confluences Potential long opportunity at 108.645 ( FIB 0.618) which also aligns with Daily FIB ratio Watch for potential gaps and plan accordingliy

trungle83 Updated 

(1) H&S short (2) Break Support becomes resistance - short the pullback Watch out for CAD news tonight

trungle83 Updated 

(1)Potential H&S which breaks a small inner trend line (Short opportunity) (2) Breaks out of Channel (Long Opportunity)

trungle83

Possible previous GAP (July 2016) to be filled.

trungle83 Updated 

Potential BAT and AB=CD to complete at approx 0.7488-0.7486 with a strong FIB ratio confluence on a major support area. Watch for the momentum of USD strength.

trungle83 Updated 

If price comes into 1281.63 (a a good support area as price had respected and bounce several times previous) I will look for a buy opportunity. I am anticipating that price will go up and retest the 1294 area. For this trade to be an attractive opportunity, I want to buy at 1281.63 area which gives a Risk Reward Ratio of 3.5

trungle83

As we can see, this Bat pattern with almost perfect FIB ratio failed. But why? Check out the higher time frame: Notice that price is near the bottom of an ascending channel. It is also ideally to notice that when there is an impulse there would be a correction before another impulse. If the pattern is not aligned with the impulse direction - generally would be...

trungle83 Updated 

It's been a long time monitoring this and it's getting a lot closer to PRZ. I will be setting up multiple entries all the way up to 6006.