Previously we posted an idea on EURAUD 0.31% buy setup and was it's approaching our minimum target soon. Trade with care. Thank you.
A little messy, however there are 2 harmonic patterns nearing completion. The more recent pattern will near completion for the BC extension, while the prior pattern will be completing the CD extension. Both are in similar areas, however there are quite a few pips risked between the PRZ of each pattern. Entries w/ SL posted for each pattern
Short at the .786 PRZ with stops above new highs. Take some profit / move stops to break even at the .382 retracement and close the remainder at .618. I enjoyed this short video on this pattern . Simplified image via Google search . If you're already long, stay long otherwise consider that the 13 EMA is suppressing price at the moment so you might want to...
Bullish shark pattern at support of Symmetrical Triangle.
Bat harmonic pattern on 4H chart, and price trading slightly below resistance zone on daily chart. Plus RSI indicator is overbought on both charts. Signal : Sell @ 1.128 Target ( 61.8 Fib ) @ 1.108 Stop Loss @ 1.143
Overall encompassing trend is bullish. Waiting for this pair to consolidate some more to go long at the psychological 0.74000 Key Level
NZDUSD has been in a downtrend on the Daily chart for a very long time. We may be in the middle of another retracement giving us a great opportunity short into strength. This will be a Huge trade and would require a 350 Pip Stoploss. But the Reward is over 1,200 Pips. This is an excellent opportunity for a Position Trader as it will take months to play out. I...
A Bat pattern formation on 30 minutes chart! i'm already long from 1.12428 hope you wil appreciate it
Bullish Bat Formed Bullish Shark about to be formed the green zone is a strong daily support area The Pinky box is the possible PRZ
I am BEARISH on SPX w/ 1570 as the big WEEKLY target. These Bullish Bat patterns are great intraday long trades but the trend is down. We just hit the TYPE2 reversal of BOTH. This is the line in the sand for bulls - short AND long-term. A violation of 2030-2035 will trigger the decline. The #s to watch on the downside are 1950, then 1830 then 1570.
On the EUR.AUD 15 min chart we 5 potential long opportunity's at the D leg completion of Bullish Cypher, Gartley and Bat setups. Bullish Cypher Setup ( White ) - D leg completion 1.5503 Bullish Bat Setup (Red) - D leg completion 1.5490 Bullish Gartley Setup (Yellow) - D leg completion 1.5492 Bullish Gartley Setup (Green) - D leg completion 1.5498 Bullish ...
Fun with Fibonacci! Fibo here, Fibo there, Fibonacci everywhere! I have found the 0.382 level important for change in trend. lets see how it will works