Evidences: 1. 3 drives pattern 2. Supply zone
Evidences: 1. AB=CD 2. Supply zone (Note the possible formation of cup and handle pattern)
A pin bar at 0.618 as well as an almost end for the descending triangle pattern.
A breakout and an inside bar, would go short after the value goes down further.
A very strong rejection is seen in the previous 6 hours as the price dumped heavily from a supply zone at H4/H6 after the price rose a little from a long bat pattern. As the trend is still going down according to the daily chart, it is recommended that a short order can be placed i. right after it or ii. from a breakdown of an insider bar pattern.
From daily chart we can see that there are always swing highs and lows for EUR/USD. This makes me think if I can focus more on reversal patterns, e.g. pin bar. In this case a pin bar just below the ichimoku cloud is seen, this is interesting and from Fibo analysis, it is also a rejection of the key breakout at 0.618. Short it and see what will happen.
Refer to the link below to see the similar idea.
The price pumped after NFP and retraced at 0.382, which also touches the critical structure (from resistance to support) before shown in the rectangle. Stop at the lowest point in the previous 1H candle could be an idea. Longing XAG could also be a good idea as they move similar after NFP is released.
A pin bar is seen so it can be treated as point C and a dump after it can be seen for a sign of reversal. As the retracement is actually smaller than 0.618, it can be treated as a potential bat pattern hence it could be a good idea to first short, then long it according to the pattern.
Now a breakout on 55 EMA is observed. Plan A: Short directly if a small size as well as volume candlestick is formed. Plan B: Short if the price goes back to 107.884 as there is a supply zone.
Similar harmonic patterns for both of them, yeah.
Evidences: 1. An oversold in RSI (both <30) 2. A bat on the left, and a cypher on the right.
Evidences: 1. A 0.618 retracement. 2. A conformation by the large bullish candlestick on daily chart. Note that the "double top pattern" is invalidated since the retracement of the orange line is much above 0.618...
Evidences: 1. Although being rather bearish a few days ago, its price seem to stop at a demand zone. 2. A trend line is observed and its price just stopped dumping after touching it.
Evidences: 1. Pin bar. 2. A rejection on the supply zone formed just about a day ago.
Evidences: 1. Bat pattern 2. A demand zone at X Stop at X
Evidences: 1. Daily long pin bar. 2. A breakout in the inside bar pattern at H4 chart.