Seems like market is also in a downtrend on the 1H chart. If market reach a bit higher, we might have a potential bearish Gartley pattern for a sell opportunity.
NZDUSD looks very bearish right now. If market goes just a little higher, a potential bearish Bat pattern will complete for a short opportunity. Also, RSI is showing a bearish divergence, so we have a little extra confirmation for a possible downtrend.
After that long drop, market seems to be taking a breathing retracement. If market keeps going higher, we might see a potential bearish 2618. RSI right now seems to be shooting for the sky, which means it's just a matter of time before the bulls run out of steam and then the bears will take over.
EURGBP daily chart is showing a couple of lower highs at the moment, which indicates a possible uptrend. If market decides to go lower, there is a potential bullish Gartley pattern getting ready to be completed for a buying opportunity. Plus, RSI is indicating a bullish divergence. Also, the Gartley pattern is completing at previous structure looking left, so it...
NZDUSD 1H seems to be in a downtrend right now. Plus, RSI is reaching a high point, and if market can reach higher, we're gonna have a potential bear Bat pattern for a sell opportunity. Also, the completion of the Bat pattern is at the retest of previous structure, which means this can also be seen as a structure trade for all structure traders out there.
NZDUSD looks like it's walking down stairs right now, goes down rallies up and goes down and rallies up again but never opening above and closing above previous structure. If it keeps going down, there's a potential bullish Gartley pattern just waiting to be completed and having a buy opportunity. Also, this Gartley pattern is completing at some previous structure...
USDCAD seems to be running out of buyers right now, according to the RSI indicating some overbought condition and some lower high. If market goes lower there's a potential bullish Gartley pattern waiting to be completed for a long opportunity. Plus, the Gartley pattern is completing at some previous structure looking left.
EURUSD looks very bearish right now. It seemed to have taken a small relief after dropping like it's hot (:P), and if it rallies up high enough, there will be a potential bear Cypher pattern waiting to be completed and having a selling opportunity. In this case, a harmonic pattern can be used as a trend continuation trade.
There seems to be a lot of patterns appearing on this pair. On this 1H chart, it seems that there's another bearish Gartley pattern for a selling opportunity. RSI is indicating high bought pressure, which means market might come down eventually for a breather. This Gartley pattern can also be used as a trend continuation trading strategy.
On the daily chart, there was a potential bull bat pattern. However, on the 4H chart, with market still indicating a bearish momentum, we have ourselves here a potential bearish Gartley pattern. Normally, harmonic patterns are used for counter trend trading, but in this case, the bearish Gartley pattern can be use as a trend continuation trade. Plus, RSI is...
This pair has created a couple of lower higher right now, which is indicating a possible downtrend. If market keeps going lower, there might be a potential bullish Bat pattern completing and creating a buying opportunity. Plus, the Bat pattern is completing at previous structure looking left, giving a very nice risk reward. The RSI is showing a slight bullish...
Market looks to be in a downtrend right now. Lots and lots of lower highs. Even though it seems to be taking a breather, if market rallies up just a bit higher, a potential bearish Cypher pattern will complete and there might be a selling opportunity. Plus, since the market is in a downtrend momentum, the Cypher pattern can be used as a trend continuation trade.
NZDUSD looks highly bearish at the moment. If it keeps going lower, a potential bullish Crab pattern will complete for a buying opportunity. Plus, the RSI is showing massive oversold condition so a rally up is due, and the crab pattern is completing at some previous structure.
Market hasn't given much hints as to whether it's going up or down. However, with the RSI indicating a bullish divergence, if market goes low enough, a potential bullish Gartley pattern will complete and there might be a long opportunity. The Gartley pattern also completes at previous structure.
With multiple lower highs having formed, market seems to be suggesting further downtrend. If it goes low enough, there might be a potential bullish Crab pattern completing for a long opportunity. The Crab pattern also completes at previous structure, so it can also be used as a structure trade.
Market right now seems to be unable to breach previous high, and on top of that, it has created a lower high with RSI bearish divergence. If market decides to keep going down, there might a potential bullish Gartly pattern getting ready to be completed for a buy opportunity. And, if the bull Gartly gets stopped out, there might be a potential bullish Crab pattern...
Market, after that long drop, has shown an oversold condition on the RSI. If it decides to rally up, there might be a potential selling opportunity using the 2618 strategy. The 618 Fibonacci retracement lines up right some structure levels, so it might be a great area for entry. Stop loss will be above the previous top, using the ATR, and target would be a retest...
Market looks to be in a downtrend right now, which means there might short opportunities for a trend continuation trade. RSI is indicating high buying pressure as of now, which means eventually, buying pressure will run out. If market rallies high enough, there might be a potential bear Butterfly pattern for a sell.