Nightwish

Nightwish Updated 

Please have in mind that this is Weekly TF, not suitable for scalping. Whenever I had 61.8 Fib ext as support I got 1.618 as target, in case of trend continuation it might come to 2.0 Fib ext. Buying pull back is the only option as far as I`m concerned.

Nightwish Updated 

The trend remains bullish, pull back and consolidation done. I had short term bearish outlook because of massive divergences, and market made decision again - PA and breakout rules the world of finance. Trading into completion of deep bearish crab at 3690.70

Nightwish

Double bottom and support held, TL support holds, MACD bullish = trend continuation, targeting as on the chart.

Nightwish

I have to see that support holds, meaning that close above 12300 or below support will make me decide. I believe in trend continuation here, weekly bullish engulfing at support is serious thing to consider.

Nightwish Updated 

Market is correcting parabolic rise; so far it failed to give new high after pull back and I have valid leg to work with. It is to expect correction towards 1686,00 which is also 61.8 Fib of the valid leg up. This confluence is very good and I will look for short entries on daily basis. I would really like to see MACD showing the same in days to come.

Nightwish

The price retraced to 61.8 fib of the leg up and showed change in MACD and potential bullish continuation. The most recent leg down and adequate retrace shows potential targeting of alt bat completion. For this particular one I will look for long entries only and short entries in NZD counterparts. Candlestick pattern of 3 white soldiers on monthly chart have...

Nightwish

The price has closed below B point on weekly TF of the potential pattern - bullish butterfly; MACD is bearish. I am looking for short entries only , trading into pattern completion. Key levels on the chart.

Nightwish

It seems that last few weeks market loves AUD, NZD, CAD and EUR but not that much CHF. MACD is showing obvious bullish development and this could be the first setup to fill alt bat at 1.31766. As patterns may evolve in time I wont be surprised if another one appears with different targeting so I`ll update idea as it comes.

Nightwish

Three patterns working bearish MACD divergence. It is very interesting that there is a confluence in fill of bullish bat and bullish crab at demand. I will look for short entries on daily basis. Key levels and TLs I will look for are on the chart.

Nightwish

From the aspect of fundamentally weak USD - this setup was one I followed recently. Close to target, might be reached n the week to come. If the price invalidates such strong pattern as bearish crab is - I will go for higher targets. It will all depend on DXY .

Nightwish

As I like correlations I find this setup very plausible since I`m bullish on XAUUSD. It is to expect bullish bat fill at 101.05 IF the price closes below B point of the pattern. On daily basis I will look for short entries only.

Nightwish

Thanks to USD weakness GBPUSD is working 2 bearish crabs to fill; one at 1.3262 and another one at 1.3360 . On daily basis I will look for long entries only.

Nightwish Updated 

As far as I`m concerned, analyzing DXY is the key for trading USD counterparts. It is obvious that price retraced to 61.8 Fib on monthly chart as classic level to estimate pull back of the trend. SInce those levels got reached - MACD divergence did the job. MACD divergence is the beginning and the end of every trend. I will dissect this setup on weekly and daily...

Nightwish

After weekly evening star formation this one wont trade higher for some time.

Nightwish

Short, bearish butterfly pattern filled

Nightwish

I`ll consider a pul lback on completed bearish Gartley for the move upside towards Golden Cross and bearish crab completion in perfect supply.

Nightwish

Long on the breakout of the neck line of the inv H&S as the key levels to complete both bearish bats.

Nightwish

Long into completion 2 bearish bats. Alternative one comes into weekly supply. #USD weakness, dovish FED.