Expecting Long term sell similar to what happened with previous patterns highlighted.
Price action is in the process of possibly forming a bullish Cypher pattern at a previous support level . Looking for the D Leg Completion at 1.31957 And taking 3 Targets Target 1 1.32390 Target 2 1.32653 Target 3 1.33865
Several factors pointing to a short setup on the GBPUSD pair on the 4hr Chart: - Supply zone retest - 38.2 fib. retracement - reversal candles - 21 EMA retest - short term trend line resistance
Looking to sell this pair at the highlighted area. This is a long term trade. Look for entry Between Today and Tomorrow.
I am looking for a buying opportunity at the monthly support on this pair.
Several Confluences, Strong rejections of level 87.5 & 88. The price is exhausted. Weekly - Strong rejection of 88.00 Daily - Bullish exhaustion. 4h - Strong Bearish Impulses with small bullish candles(possible retracements). Scenario 1. If the price counter trend holds and a break of the lowerline trend line support. A potential target would be 85.5(AB=CD...
Hey guys, we have a reversal pattern forming here on EURGBP also with some extra indications that are influencing an up move. On RSI there is an oversold condition and MACD we are seeing divergence. Good luck and safe trading to you all
EURJPY has just broken its pattern with an impulse to the downside. After a continuation pattern look to enter short. Good luck guys
Left shoulder and head have been formed on the 4H chart of @USDJPY pair. Waiting for the right shoulder to be formed, the base line to be broken and retested then going long. Enterance will be around 115.50. The goal is arround 118 as it's the previous high and it's equal to the destination between the head and the baseline. Good luck!
Another Pumb and Run reversal top formation, look how massive is the break out after the retest
There'e a nice Double Bottom forming on the USD/JPY daily. Going to watch this one closely. It has a potential 150 pip profit.