BEARISH GARTLEY PATTERN ON THE USDCHF DAILY CHART. PRICE ACTION RIGHT IN OUR KILL ZONE. DEFINITELY LOOKING TOWARDS THE SHORT SIDE.
HERE, I'M SEEING A BEARISH GARTLEY PATTERN ON THE EURCAD. ALTHOUGH, OUR D LEG HAS OVER EXTENDED, IT HAS RESPECTED PREVIOUS STRUCTURE HIGHS WITH AN RSI DIVERGENCE AS CONFLUENCE FOR MY BIAS TOWARDS THE SHORT SIDE. LET'S SEE HOW THIS PLAYS OUT!
EUR/JPY 4H chart. Price has formed a potential AB=CD pattern starting from 27JULY forming C leg at 21JULY with a close .786 retrace. The projection from this is a 1.27 Extension from B. 5-0 Pattern originates just after the 27JULY with a C Leg forming at a 1.13 extension of A. D leg then forms at 2.24 extension of A. 50% of B-D is the next area for entering a buy,...
USDJPY SELL Market Execution EP: 105.93 TP: 105.30 SL: 106.70
GBPUSD SELL STOP EP: 1.3108 TP: 1.2802 SL: 1.3535
- Small A-B-C correction. - Then some short term upside, before big downside move. ''Press that like button, if you like my post. if you have questions shoot...I'm here to learn... Thanks..
As see in the chart, it break out the previos low (0.7260). SELL and (if i has a chance, i will SELL after it Lower point A) TP first is 100% (AB=CD) let profit run to TP 161.8%for the 3-C wave pattern for my view.
Last Down Wave Possible before reversal expected. Short the Breakout from Triangle Downside Target 1 : 1.03129 SL: 1.054
Sell USDJPY when Stoch is clearning down below 75 and only then. This will confirm most likelyhood that it has cleared support area. (Mt4 provides visually clearer signal on Stochastic.) I will manage the trade. Take profit can be 102.77 (existing support and also 100 moving average that will act as minor support). The 100 moving average (magenta) and 200...
Double top forming on the USD/CAD - if we see a break of the blue area i will trade down to the profit areas below. RSI and Stochastics both currently looking bearish. Will see how this one plans out.
esperando rompimiento y largo recorrido.
GBPAUD well, there is not much to say, in 15m just broke a nice resistance, it seems that will make a nice shoulder-head-shoulder, also seems like the 1h and 15m 5th elliot wave, and the end of a 4th wave on 4h. It coudn't suppas the fibbo resistance. And well, in the lv2 there are like the HELL of a lot of selling positions right above that is scaring the price...
Hi Traders, We have a lovely Head & Shoulders (H&S) reversal pattern here on GBPAUD. If you are looking for a short entry, see the chart above for a potential setup. The head and shoulders reversal is now complete with the break and close below neckline support. A pullback into that previous support level will give bears a solid opportunity to add to positions or...
Bearish cypher pattern in an underlying balanced market
USDJPY sell setup when price touch trendline and resistance at 26/04/2016 FX:USDJPY
The GBP JPY Downtrend is expected to continue, spotted a possible entry for anybody looking to get in on the action.
I would like to show you the perfect signal from a such indicator like Bollinger Band. This indicator is very interesting by contractions and expansions which follow each other. After contraction there will be expansion and good trade opportunity with good movement. This daily chart Nikkei 225 shows the same. Price closed out of Bollinger Bands, MACD and DMI...