Here we have a potential Bullish Shark pattern on the hour graph.
The prince seems to have already touched the PRZ but we may see a retest and then for it to move upwards.
Will keep updated as i see fit.
Good afternoon people, here we have a bullish Gartley ready to take on a 4 hour chart,
This is an excellent trading opportunity with alot of confluence suggesting a buying situation right now,
the measurements for a valid gartley pattern are detailed below.
C: 0.382 - 0.886
D: 1.272 - 1.618
Final X to D: 0.786
I wish you all the best and if you...
Hey folks, here we have a Bearish cypher on a 4 hour chart that I'm just about to take, from my analysis I can expect a reversal is about to take place.
The valid measurements for a Cypher pattern are:
This is an excellent trading opportunity with a risk/ reward ratio of 1:2
I hope you's all have a great week ahead trading.
This pair is once again testing a level of weekly support in the formation of a bullish bat. The D point is calculated just above this level so it may push past that point to retest the area, however, a considerate stop-loss shout allow for the move to breathe. This movement is coming coherently with a Bullish Gartley on the GBP/USD pair, adding to the solidarity...
Price has recently danced around the 1.241 level and appears to be moving in a Gartley formation. The potential reversal zone is calculated to slightly below this level but this is still indicating that price will bounce when the level is next retested. It may be wise to drop to the 1hr chart to seek a more accurate entry using candlesticks from a lower timeframe....
Since October this pair has entered into an aggressive uptrend! Price is moving in a bat formation, heading towards our PRZ. As per natural behaviour, price may enter slight consolidation at the PRZ before continuing with the original trend; I will be looking for an entry asap once the C-D wave is complete. 1st and 2nd Take Profit levels at 38.2% and 61.8%...
Perfect head & shoulders on this pair, finding strong resistance at high of 0.96. A bullish head and shoulders in an uptrend classifying as a continuation pattern, with added pressure at this level, a break would produce a push to the 1.00 mark. As a swing trader, this should provide plentiful opportunities to enter long positions on the lower time frame - specifically 4H.
Aussie-Yen showing us a bearish bat running coherently with the weekly trend line. Retracements showing a strong bat pattern- B and C points are below the close of price but still on the wick. As always, long as price remains on the wick and has not been surpassed by the body of a previous or following candle, the pattern is still valid. The D point is...
Similar to the USDJPY, instead we have a possible bearish cypher forming on the daily timeframe. This pair is in a weekly downtrend and has recently hit a level of support/resistance. The D point in the pattern could be a retest before further decrease in price. If the pattern completes I'll look for an entry around the 81.00 - 82.00 price level.