Looks bullish here as it is showing a bull flag here after it hit the extension of the move of the recent inverted HnS pttn. The bull flag pttn. here is working as a continuation pttn. or follow-thru pttn. and if it b/o's of the pttn. & is valid then the extn. of the move would bring it to the tgt. zone of 91-92.10. As always watch the overall mkts. for how to...
Here on the Japanese index we got a Bat pattern setting up where we are going to buy it up from previous support / structure level, but we still needs to wait for it to come down a bit more and the RSI come more close to the 20ish oversold condition, but its not a must for taking the trade.
Comments good or bad are welcome
Kind regards
Thomas Jeff
Here we have a Cypher pattern that is about to complete on the 15 min. timeframe.
Its with the 15 min. trend but against the H4 and Daily trend, so i am using half position here. The RSI is on its way down to oversold area so that could help to give a push if we see it inder the 20ish area.
Lets see whats going to happen.
Comments are very welcome!
Kind...
We have a nice Breakout at Daily Level, pullback with Hammer at Support in H4 + bullish engulfing H1 + doble bottom M15!
Multi-Timeframe confirmation!
Very nice Long opportunity!
The pair is now trying to complete the BC leg at the 1.27fib.ext from XA leg.
If you scroll out to the daily you will that this area has been a previous battleground.
Stops needs to below C.
using the BUY ALERT to tell me to get long with weekly calls / longer term as well for $132.50 re test
Nice area of confluence showing market structure / EMA with risk below $120
Is it time to go LONG EURUSD?
EURUSD looks pretty much like free fall over last year – 9 months of consecutive losses.
From almost 1.4 (May 2014) we are sitting at 1.07 that’s a loss of 23.5% in EUR value.
Is it time to go LONG now?
Based on 1M time frame.
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