Supply and Demand lines are drawn for only education, we are lookng for levels...
A bearish bat pattern has completed with price closing in PRZ and RSI at overbought level as well. Waiting for current hour candle to close before considering to short. R:R at 1 (TP1) and 2 (TP2) for this setup. Let's observe.
I will say this is a high probability trade for the upcoming week. This past week showed that a reversal might be in sight, and I will take this last weekly, daily and four hour candle closes as a confirmation to that. I will use the daily candle wick as stop loss at 1.0900 and the fibs as TP's Tell me what you think. Have a great weekend everyone!
price complete 2618 trade setup. and entry on bat pattern
watch for bat pattern completion on waiting for wedge broken to buy
We see consolidation around 1.0828 to 1.0844, hence still need some time for pattern to complete. R:R for this gartley pattern at 1.5 (TP1) and 2.5 (TP2). I will update if pattern completes.
Trade just hit take profit at daily level Successful close-out
THE D LEG OF A BULLISH BAT BASED OFF THE DAILY CHART COMPLETED LAST WEEK. LOOK FOR PRICE ACTION TO CONFIRM SWING WITH A REVERSAL ON H4/H1
Hey Guys, Just wanted to show you the labeling of this impulse applying Elliott Wave Analysis. We are looking for a buy set up and then trade a move uptrend. Then we will try to identify the next corrective structure. - Hola Chicos, Sólo quería mostraros las etiquetas de este impulso aplicando Elliott Wave Analysis. Estamos buscando un trade en largo desde...
Hey guys, Market broke the daily structure (green trendline) so we are looking for buy set ups in order to get the uptrend move, which is going to be long! This one here is a nice flag to buy, get the brekout and hold the trade the longest. - Hola chicos, El mercado rompió la estructura en Daily (linea de tendencia verde) por lo que estamos interesados en...
Buying AUDNZD is a potential...hope it goes trhe right way...
Valid Bearish Three drives pattern
Sell above 1.0484 for the ride down to recent structure lows. Even better R/R available at current market prices as we put in even a third top and bounced off. Furthermore, we have a trendline resistance helping to protect the upside.
wave 3 of 5 in daily chart. and it is late for entering position