AJ is currently rejecting off of a Supply Zone. Our CTL (Counter-Trend Line) had a 4hr break and retest. MA's have crossed over as an added confluence. Just waiting on a 4hr bearish engulfing before going short.
long time no see. Here i am with a new simple analysis: as you can see there's a Gartley pattern on the hourly timeframe of this chart (CADCHF), and i've already entered the market long. Be careful because this is a counter trend trade and it's riskier than other ones. Always put your stop loss when you're against the trend.
If you have questions/ideas,...
GOLD is approaching support ( andwe have a harmonic Cypher pattern already completed on the Daily Chart)
I will wait for some kind of reversion and a reason to enter at 38,2 fib retracement and 161,8 Fib Extension on the 4 Hours Chart
Gartley and Cypher harmonic pattern on GBP/JPY -
Last Friday I already submit this possible setup
- RSI divergence at 30 min, Over Sold and a falling wedge at 30 min chart is the reason for me to enter on this trade.
Possible Bullish Cypher on USD/CHF (for me the the most annoying pair)
Cypher Harmonic Pattern
161,8% fib extension
50% fib retracement level
On the day chart price is approaching the 200 EMA
EUR/USD negative correlation with USD/CHF is approaching the 1.1450 price, we can expect a pull back to.