Hello! Bat pattern is almost finished and ready to rally up. We have a very nice reversal zone with the confluence of diagonal support (red trendline) and 0.618 fibs confluence. Stops should go below the X and our targets will be 124.22 and 124.4. -- www.rcpforex.com
BAT PATTERN PAIR: GBP/JPY TIME-FRAME: 1HR TRADE: BAT PATTERN Looking at the GBP/JPY on the 1HR time frame, we have a potential Bat Pattern setting up close to completion. NOTE: These are potential trade opportunities. Please re-analyse the trade before executing. Star Prosper Philip Stewart WEBSITE: www.StarProsper.com FACEBOOK:...
Trade is with trend. Risk to Reward to 1st Target = 1:1.54 Risk to Reward to 2nd Target (61.8 Fib) = 1:2.6 Stop = 67 pips
Here's some significant structure levels. The buy zone which is in a support/resistance zone shows also a confluence of Fibonacci's retracement ratios.
Hello traders! I am back and want to share my analyzes on FX:EURUSD On 4H chart we have a very nice channel with the confluence of harmonic moves and fib levels. According to the latest moves we are in a bear market and very good opportunity to go short at the edge of channel between 1.0927 and 1.0962. Targets will be as provided on the chart and in long term...
I still think T2 will be hit but I'm focusing in a few other pairs for long moves! Hoped this helped...!!!
FX:USDJPY is in a harmonic move these days. There was a bat pattern and now we are in the next bat pattern. And this is a great opportunity to go short. As we see price has not hit the D leg yet. We have an additional confluence bearish divergence. The R/R is very good, stops go above 120.26 and our targets will be 119.21 and 119.79. Look for structure...
I see a great opportunity to go short on FX:NZDUSD . We have a very nice triangle pattern with very interesting key confluences: 1. Price has tested the triangle resistance once more 2. Fibs 78.6-88.6 (little one) 3. Fibs 61.8 (big one) 4. Nice shooting star candle. Our targets are: 1. Next triangle support level 2. Nearest structure support 0.6290 3. Fibs...
Here is a very nice shorting opportunity. Bullish gartley with several confirmations: 1. weekly pp 2. 200MA 3. structure resist We have a very nice R/R for both targets. Both targets have structure backup if we look left. Avto_T Green Luck --------------------------------------------- ATTENTION : Very soon, the best forex services will be available for you...
Sunday morning traders! For Monday there is a very nice shorting opportunity on FX_IDC:EURJMD There is a very nice structure resist zone with the confluence of fibs -38.2-50.0. If you look left we see these key levels, which are our reversal zone and price is more likely to fall down until 133.67 for target 1 and 133.15 for target 2. Lets see what the price does...
Here on FX:EURAUD is a very nice shorting opportunity. The price is entering the reversal zone which is a strong structure zone, look left for more confluence. We might see a double top and then fall down, or straight fall down. I prefer to wait the double top for more confluence, and then go short all the way down to the next structure levels: Target 1 and...
On FX:NZDUSD we have a nice potential cypher pattern. Our stops go above the resistance level 0.6330, this level is pretty nice. And our targets will be fib 38.2 and 61.8. As we see price has broken structure level of B leg and now wait the pattern completion. Avto_T Green Luck -------------------------------------------------------------------------------- ...
we have a very nice Bat pattern on FX:GBPJPY which is almost completed. Stops must go below the structure level 184.22, look left and check it. And our targets are 38.2 and 61.8 fib levels with the confluences of very nice key levels. Be aware that price has a high momentum, let it calm down and then go long. Besides we have a very nice confluence of weekly S1...
We have a very nice potential bat pattern on FX:USDJPY with perfect targets. Both of our targets are perfectly located at structure levels. (look left for more confluence and check the levels). According to the structure we have very nice risk. Avto_T Green Luck ----------------------------------------------------------------------- ATTENTION: Very soon, the...
So, FX:EURGBP is in a ranging market, and I see a good long opportunity here. We have flag pattern with structure support confluence (see red zone), which is a strong wall for this pair right now. We can involve in this setup in two ways: 1. Buy on breakout (it is a better choice) 2. Buy at support red zone And our target 1 will be @0.7355, Although, if the...
Harmonic pattern is ready to go short on FX:EURJPY We have a bearish gartley with the confluence of fibs 61.8. Our target 1 is around the next support and fibs 31.8 and the target 2 deeper support with fibs 61.8. Besides look left and check the structure levels for more confluence. GL (Green...
Good Monday traders. Here is the first setup of the week. We have a pure structure based shorting setup on FX:NZDUSD . The market is moving in the wedge currently and I am waiting the price to enter the Red Zone and fall all the way down. The reversal zone is between the structure resist and the fibs 61.8 with the confluence of look left structure. We should wait...
On FX:EURUSD we have very nice structure based setup, which is in my radar today. Currently I wait for the price to retest the structure support @1.1244. We have a nice confluence of Fibs 38.2 right at the support level. So I look the price should finish the correction in the red zone and then rally up to the next structure level @1.13518, where we have fibs...