Price is bouncing within a channel. After a strong decline price is ready to make a correction or reach new highs. Best regards.
Prices has rejected from this area, forming an engulfing bearish candle. Best regards.
A double top with divergence, price is bouncing from the 0.61 fib Best regards.
After a series of failed trades im ready to enter this trade. A nice expanded flat is near completion. Price is finishing wave 2 (red) then wave 3(red) should follow. Target for wave 3 (red) is ideally 1.3970, more than 500 pips! Best regards.
Nice correction at key resistance: - Trendline resistance - structure resistance - engulfing bearish candle - EMA 200 as resistance - bearish divergence on MACD
I like to trade this pattern at market tops. (Please do not trade correlated pairs, i posted another AUDJPY trade) Price is respecting this reciprocral AB=CD pattern. Still not late to catch this move. Reasoning: - structure resistance - reciprocal AB=CD - 0.61 fib retracement - parallel channel - morning star candle pattern Happy weekend
We have a corrective strucutre within a channel, price has already reacted to the PRZ. Happy weekend. Best regards.
It seems impulse is finished and price is about to make and ABC correction. SL and targets shown on chart. Best regards.
A classic chart patter, price is bouncing from base of a this double top. There is also a strong structure as resistance. Best regards.
According to this wave count we have a deep ABC correction to the 0.8860 fib level. Next move should be to the downside. Best regards.
A bullish butterfluy already in play. We can see a pinbar showing reaction in the PRZ. SL and targets shown on chart. Best regards.
I expect price will respect this harmonic pattern on this pair. We see: - parallel channel - reciprocal ABCD (purple) - structure resistance - bearish divergence on macd - macd crossing moving averages Lets see what happens.
Perfet bat at key resistance. Note the AB_CD pattern and structure. Best regards.
According to his wave count Wave 4 was is still developing. We could expect an ABC correction (orange) near 0.38 fib. Most probably it will be a zigzag since we have already a 5-3 structure. Best regards.
According to this wave count right now price is doing a nice retracemente to the 0.61 fib Next wave would be a strong wave 3. We have also a trendline broken and retested. Best regards
It seems the structure of this ending diagonal is complete, we can see clear a-b-c-d-e structure. Last move is to the downside followed by 0.61 fib retracement, a good entry point. Targets shown on chart. Best regards.
Nice pattern near completion. Next week it can be filled starting a strong correction. Good R/R ratio. Best regards.