A simple structure trading opportunity here on the EURAUD. What I'm looking at is price action pulling back into a previous level of structure support & forming a double bottom with divergence on the RSI.
If we rally the 2 levels that I'd predict price action to run towards would be the $1.40 even handle & $1.4050's level.
good day trader
now im taking a short position till this 618 level of retracement
and waiting for a new formation of gartley pattern on the formation
once later the target is achieved and we see a new higher high
we can take a buy position to target a 200 pips trade
we shall wait and see
this trade is on the watch of my radar
hello every one
on the radar now a breakout opportunity to buy on EURUSD
once the breakout moves out of the triangle pattern
we got a confirmation to buy for a 127 extension
good luck
Some indications are highlighted in the chart, showing an oportunity to open a short position.
I recommend you to go down some timeframes to make a entrance with a better timing.
good day everyone
we are seeing now on the raddar on 4 hrs EURUSD a potential gartley pattern
its a positive thing also that the RSI and stochastic are overbought
waiting now for a lower low to enter and get 200 Pips as per the chart showing .
be patient
and happy hunting
Hey traders what I'm looking at in this chart is a potential Bearish Trend Continuation Trading Opportunity on the AUDUSD. Price action has provided a little bullish relief after the Friday Job's report and as we get a retracement back into previous structure levels we're offered an entry opportunity for anyone looking to get involved in a bearish move.
If you...
Here's something one of our traders found yesterday in the live trading room. It's a potential bullish Cypher formation on Gold. If you continue to scroll the chart left you'll see that the completion and retracement level as a whole comes at a pretty decent level of previous structure support & resistance as well. (Wish i had a cool name for this but I call it a...
After breaking down from a 2 month consolidation. The EURJPY is now returning to the level that at one point proved to be a significant level of support. After the violation we are now looking for this previous level of structure to potentially flip and act as resistance, offering a bearish trading opportunity with a very positive risk reward.
On the right of the...
60min
As we can see consolidation on the higher time frame on the AUDUSD, on the lower time frame we have a possible bear bat formation. Will we hit the potential reversal zone or will the market blow through and not get us filled.
Its a matter of time.
Lets see where the market goes
hello traders
we got here on eurusd a possibility for a BAT pattern formation
waiting for a new structure high and then we enter the trade as per the showing target
hello traders
good day
we have now on the radar a bat pattern formation as per the showing chart
targets set as per the risk reward ratio bar
happy hunting
the previous bat pattern got violated after reaching stop loss
the currency pair are trying to form the current form of another bat pattern
forming a potential of shorting
as per the showing chart going long now as per the chart showing
and after the D completion let we will go short for retracement of .382 level
Looking for When AUD USD will start its trend.
1. Entry off Trendline break For BUY
Previous support tunred resistance.
2. Entry off TL break for SELL
If break below waiting for Harmonic reversals
3. Entry off harmonic BUYS
38.2 major retracement
100-113 Cypher/Gartly Finish
127 Butterfly finish
If it is Cup & Handle Pattern, then you should wait for hitting support lvl and then go LONG.
but now you can go Short till the price made the Handle
Trade with Care:
PEACE
