Hello Traders, We have gotten a completion of a bullish cypher pattern on this pair. Stops go under the key round number of 0.9000. I was able to get a little bit (about 12 pips lower) better entry point, which is why the labelling of the entry point is bit below the 78.6% level. See the chart above for more details. Please feel free to AGREE or DISAGREE with...
Hello Traders, Just like in NZDCAD pair, we have a bearish cypher pattern completed on AUDNZD pair. Since these 2 pairs are negatively correlated, we got two opposite trading opportunities in them. I published both setups, so that you guys can choose either or both of the setups if you have these pairs in your portfolios watch list. Market is currently...
I am a bit late on Publishing. But, this is my trade plan on FX:GBPUSD for this month (at least next 2 weeks). You know already that I believe in Psych levels, but alone psych levels are not helpful but with divergence is high potential. I have two major positions, I would like to take: 1. Cypher Pattern currently formed at Psych Level @ 1.55 2. Gartley...
A Bearish Three Drives pattern is forming in an expanding diagonal. I am expecting long between Psych level @0.7 and strong resistance level @ 0.7587. It is also being supported by nice Hidden Divergence on multiple indicators. After the three drives pattern & expanding diagonal is completed, you can expect a good down move in the next 1-2 months. Risk averse...
GBPAUD Bat Pattern Psychological Number Long Trade Reasons For Trade: 1. Bat Pattern 2. Psychological Number 2.0800 3. This zone has been a strong demand zone in past More at: tradeyodha.com