A potential bearish bat pattern is almost completing, RSI is almost at the overbought level as well. PRZ is at a good resistance level. R:R at 1.5 (TP1) and 2.6 (TP2). Good luck.
A potential bearish shark pattern may complete next week, RSI is on it's way to overbought level too. R:R at 2.3 (TP1) and 4.2 (TP2). Good luck.
A potential bearish butterfly pattern may complete next week. Wait for RSI to hit overbought level. Good R:R at 1.6 (TP1) and 2.9 (TP2).
Hey guys, glad to be back analyzing the charts. I see a potential bullish bat pattern completing maybe next week. Waiting for RSI to reach oversold level. May use H4 chart for reference and entry. R:R at 1.65. Good luck.
Similar to my previous post on GBPJPY, a potential bearish bat pattern is also completing for GBPUSD on H4 chart as well. Wait for RSI to reach overbought level. R:R at 1.4 (TP1) and 2.3 (TP2). Good luck.
Short-term trade, a potential bearish bat pattern is forming. Waiting for RSI to reach overbought level. R:R at 1.3 (TP1) and 2.3 (TP2). Good luck.
A potential bullish shark pattern seems to be forming, waiting for RSI to hit oversold level as well. We have the Federal Funds Rate this week, do trade with caution. R:R at 1.8 (TP1) and 3.5 (TP2). Good luck.
A bullish bat pattern (grey colour) has completed and starting to react, this post is slightly late but still ok to enter now. Traders can choose to long now or wait for the price to return to PRZ. There are 2 bat patterns, but the grey one looks better as all criteria have been met. R:R at 1.5 (TP1) and 2.6 (TP2). Good luck.
A bullish shark pattern has completed on H4 Chart. RSI hit oversold, price has retraced back to PRZ. Slow moving pair, suggest to long to TP1 first. R:R at 1.5 (TP1) and 2.9 (TP2). Good luck.
A potential bearish crab pattern is completing soon, RSI has just touched the overbought level. We have PRZ at a good daily resistance area. R:R at 2.3. Good luck.
Short-term trade, a bearish bat pattern has completed on 30-minute timeframe. Can choose to short now or wait for price to return to PRZ before deciding. R:R at 1.2 (TP1) and 2 (TP2). Good luck.
A potential bearish butterfly pattern is completing soon, RSI is reaching overbought level as well. Good R:R at 3.1 (TP1), not optimistic about TP2, so not adding TP2. Good luck and have a good week ahead.
Hey guys, tonight is NFP. A potential bullish bat pattern is spotted, PRZ at a good support level. Good to short to PRZ if Manufacturing Production news is worse than the previous result. R:R at 1.2 (TP1) and 2.1 (TP2). Good luck.
One of the best and one of my favorite (day) trading patterns and strategies is the flag or triangle break, especially in a bull market or after a huge run or in a clear uptrend. In this post, I want to briefly cover what a flag or triangle break pattern is and how you can trade this pattern with an example on NANOBTC. What is the flag break pattern? A flag...
W.W Wave rider Long @1.18500 Sl @1.17700 Tp1 @1.19450 Tp2 @1.20200 Happy about every feedback or Idea :) W.W
Gold is on a trend downwards in other words bearish but it has a lot of room upwards as well to mean bullish. With that said, I have drafted how I see it going as you can follow on the chart above. My believe is it will continue with the trend downwards if it respects the resistance lines. If it breaks them then we go bullish. If it respects them then we continue...
XBC is getting ready to break out of a descending triangle. Entry season in the ALT Markets!!
As we can see crude oil is looking for support at trend-line and the 200MA plus 50% fib retracement level. Saudi arabia's increased output by 10M barrels was the cause for this decrease in price. Today United states Crude oil Invetories were down 237M barrels vs the forecast and that plus F.E.D decision gave some fuel to the price. Technically we can see the...