This pair seems to be in a bearish momentum now. With the RSI showing a bearish divergence, if market rallies up, there's a Bat pattern waiting to be completed and a selling opportunity. Plus, the Bat pattern is completing at previous structure looking left. Also, this Bat pattern can be used as a trend continuation trade rather than a typical counter trend trade.
Market previously has created some higher highs and higher lows, which indicates that it might keep going up. It's testing previous structure right now, with the RSI being oversold, so there are some buying opportunities. Even though market is retesting structure now and there might be a buying opportunity, a more conservative way to trade is to wait for the...
Most of the Bat pattern's rules have been confirmed right now. If market keeps rallying higher, the Bat pattern will complete and there might be a selling opportunity. Plus, the bearish Bat pattern is completing at previous structure looking left, and the RSI is indicating a bearish divergence. A very nice day trading opportunity.
On this pair, there are 2 potential harmonic patterns : the bear Cypher pattern and the bull Gartley pattern. If you look at the chart, you'd notice that there are multiple lower highs that suggests that market might go lower, so the bear Cypher pattern would be a great selling opportunity. However, if market decides to go lower without triggering the bear Cypher...
Market right now looks heavily bearish, but if it keeps heading down, there might be a potential bullish harmonic pattern : the Crab pattern. There are 2 ways to trade this pattern ; the aggressive entry, which is right at the beginning of the grey box, or the more conservative entry, which is at the bottom of the grey box. If you don't want to miss a the trade,...
On the 1H chart, market seems to be in consolidation at the moment. However, it has failed to breach previous structure, and that is suggesting that the market is in a bearish consolidation. Plus, there's also a potential bear Cypher pattern, with RSI in a bearish divergence, and if the Cypher pattern completes, there's a potential selling opportunity.
Market is like a slide now... just going down. It has also created a lot of lower highs, which is also suggesting a continuing downtrend. If market rallies up, there might be a potential Bat pattern completing and having a sell opportunity. RSI is showing some bearish divergence, so there's some extra confirmation for a short. In this case, the Bat pattern can be...
Market is in an uptrend right now, and there's a potential bull Gartley pattern getting ready to be filled. If you trade the Gartley pattern, this is an opportunity for a buy. trade at your own risk though.
Market was very bullish before but it's starting to lose momentum now. However, even if it's still losing buying pressure, there's still a buying opportunity, which is the bull Cypher pattern in this case, if it completes. The Cypher pattern will also be testing some previous structure IF it completes.
On this chart, there seems to be a bullish Gartley pattern forming. All the rules have been met, and if the Gartley completes, there's a long opportunity for this pair. Plus, the Gartley pattern, if it completes, will be right at previous structures.
Market has broken previous structure high and has now taken a retracement. If if gets a bit lower, a bull Cypher pattern will complete and there might be a long opportunity. Plus, the Cypher completes at previous structure, and RSI is showing massive oversold condition. This can also be seen as a trend continuation trade.
If you look at the market now, it seems to be in a bearish trend. Lots of higher lows, and there's also a double top that seems to have appeared. Market also recently has broken below the neckline, so if it rallies up to the 618 Fibonacci retracement, which is at previous structure, there might a potential selling opportunity using the 2618 strategy. RSI is also...
This here, is a time when market just doesn't know what to do. It went up and now is just consolidating, with no hints whether it's going up or down. However, during consolidation means there are opportunities for harmonic patterns and in this case, there are 2 : a potential bear AND bull Butterfly pattern. Eventhough RSI, in this case, isn't helping much, both...
Market has made a long leg upwards right now. If it decides to come down, there may a potential bull Cypher pattern for a buy opportunity. The Cypher also completes at a structure level looking left It can also be used as a trend continuation strategy.
Ever since market created a Double Top, it just went down like a waterfall and never looked back. It took a little retracing breather, but it's still in a bearish momentum. However, if market rallies up to test previous structure, there might be a basic structure selling opportunity. RSI is also indicating an overbought condition, which suggests that market is...
Market created a Double Bottom earlier and has broken structure. If it retraces down to the 618 Fibonacci retracement, there might be a potential buying opportunity with the 2618 strategy. Target will be a test of previous structure looking left.
Although the RSI is indicating a bullish divergence, market is showing many higher lows, which is suggesting that market is losing buying pressure and is going down. If it does, there will be 2 trading opportunities : a bull Gartley (blue) and a bull Bat pattern (purple). For those who are a bit more conservative, the Bat pattern will be ideal since the risk for...
Nothing much going on the daily time frame on this pair, market seems to be consolidating, so pattern trading opportunity. If market goes lower, there might be a bull Bat pattern completing for a buy. Plus, RSI is indicating a bullish divergence.