Last week I shorted EURAUD at 1.56 and I am keen to do the same this week. This pair has been resisted over the last 2 weeks. I am hoping for one last challenge to complete the deep crab at 1.56. I will leave targets open because these kind of trades will usually result in a 200-300 pip move.
Apologise for the late posting here. I was on my Facebook posts and just this morning I realise that I didn't post the idea here on Trading View AUDCHF completed a bullish bat last Friday and I took the long trade at 0.7090. It was hovering in the negative profits until the close of the close of the week. This morning move looks more promising and currently...
We have a harmonic bat pattern completion. Got in at $0.7090 SL $0.7040 TP: Leave it open
This pair is just completing a H1 crab pattern. I also see 2 of the upswings ending their Fibonacci profit target at the 1.4140 level. This should be a strong resistance. The trade is not ready for the trigger yet. I will observe this pair for at least another 1-2 hours.
This aligns with the fact the AUD is likely to strengthen next week. I would still short EURAUD over this pair as EURAUD has been resisted two times in two weeks.
Went long on EURCAD at 1.4195 last week. Sill holding on to my long position. Found a good reason for me to add in more positions at 1.4620. We are targeting 1.4970 with stop loss at 1.4570. Excellent risk to reward as usual. EP:1.4620 SL: 1.4570 TP: 1.4970
Earlier this week, I called for a short of USDCAD at 1.3. It moved beautifully and now I feel it is time to long the pair at 1.2830 level back to 1.3.
The pair looks toppish being resisted by last week's high.
We are long on the EURUSD since 1.1390 and up about 36 pips now. Our target is the 1.1530 level but we are seeing a M30 pattern at a very strong resistance. . It is always important to look for harmonic patterns in the reverse direction of your trade to find the best place to exit. I will keep an eye on this level to make a decision to close the long and go...
A big gartley which has been in the making for 7 months is going to be triggered soon.
Despite the strong rally of USDCAD, it still remains in a downtrend. I feel it needs to go and test the 1.25 level for a clear reversal. Will observe the 1.3 level very keenly for the shark pattern to short this pair.
There are multiple patterns emerging on GBPUSD at 1.44. The Gartley is in play but look for the Bat to go long.
Hi guys, my 2nd trade setup of the week. Looking to buy into NZDJPY around 72.70. SL: 72.30 TP1: 73.80 TP2: 75.50
Just went long on EURUSD C-D Swing of this Shark Pattern. Targeting 1.5580. SL at 1.1350.
I have been short on NZDUSD from 0.7020 and finally see a butterfly pattern to go long. I will look for reaction at 0.6700 and see what happens. Some NZ news coming up at 4 a.m tomorrow morning so this level maybe touched and we should see a bounce. However this pair is clearly bearish now, so I won't be in a hurry to long. We may even see a complete bash through...
We shorted NZDUSD at 0.7020 and plan to hold this for the long term.
Why you should be cautious on EURNZD short. I am avoiding this trade.