Might be Possible Cypher Pattern setting up @ 0.6502-0.6544 Level. A buying Opportunity.And 78.6 Strategy also comes near those levels for Rebound. Open : 0.6544 - 0.6502 SL : 0.6351 TP : 0.7016
I am short in NZDJPY. Open : 74.517 TP : 72.935 SL : 75.235
Bounced off 786 support and now retesting the previous swing high at 6.64, may retrace back to try 618, potential chance to go long.
Buying the .618 retracement for a more aggresive entry or waiting for the .786 The .786 is meeting previous support which now could be resistance so better possibilities and Risk/Reward ratio. Good luck guys.
Short for the next week in the Euro Yen 1 hour chart
Waiting for market to reach 1.1438 this week after a .786 retracement. Good luck guys
Above we are seeing a wedge consolidation around 96.00. obviously inside of consolidation is when we look for patterns; and what do you know, we found a Butterfly pattern supported by a Gartley pattern in the end of the wedge, generally a wedge like this symbolizes a reversal, so we are using that as foundation that the Butterfly Pattern will complete Upon...