The weekly bullish trend line was broken and we are now in consolidation on the weekly chart indicating market neutral bias on the larger timeframe. We do have a bullish pattern near completion for a good long opportunity on a daily chart despite the overall market being bearish on the same time period. Profits are conservative due to the high risk of the market...
- rsi approaching oversold - entry at .786 retrace - T1 and T2 at .382 and .618 retrace * 4hr chart shows price action needs to retrace back to the 20 ema but may have further upside before going down. However, my bias remains bullish on this pair.
at market now. Was on holiday for 6 days there. Looking forward to getting back into the markets now.
if the 60% Fibo breaks, then we have an chance for an long term long position
Pretty awesome Ethereum is completing the 2618 pattern setup. I am hoping it forms a gartley for an even better long entry. We are heading back up to the $400. It would be an absolute amazing opportunity if Ethereum come back down to the 230 level after retracing to the 61.8 fibonacci level. This would give us an optimal entry with little risk involve. Let's...
Interesting to see the same pattern play out twice, I see BTC following the Gann levels higher. A break of the next level will open up 3000 - 3300, looks short term Bearish under 2500
Hi All! OANDA:EURCHF has formed bullish pattern by reaching point 5 of the Wolfewave. Currently it is re-testing support in the 1.083x area and RSI is showing divergence on H4 time frame. If it holds and new peak formation will be confirmed, it presents a good opportunity to enter longs. Great trades!
bat completion at D leg. Gutted i missed the cypher on cable, 15min chart.
Ascending triangle pattern indicating high possibility of upward momentum. Taking into consideration the structure of the price action, it's indicative of forming an expanding triangle if the ascending triangle is rejected,
Looking back we can see a very similar run of 3 tests of support then drops below support then back to test the new resistance. Looking at the angles of these runs between the tests of Resistance we can see they are averaging around 58% We can see previously it tests 3 times before pumping up half way before coming right back down below support. This is something...
formed Bullish Cypher on CADCHF buy @0.7568 TP1 @0.7620 TP2 @ 0.7686
Bat completion @ 1.06466 If you look on the 4hr chart you will see it broke resistance, now this bat completion comes back into that structure as support, so good buying opportunity.
waiting for cypher pattern to complete on CADJPY, D will complete when price reach 86.75-86.50