Euro near the second target we mentioned before .after reaching the 1.1500 price we can the market demand and action that will appear at this level price .
Spotted 2 supp areas the third one will work i think 80%. its Down trend on every chart 1W,1M! i think it will come to the bottom area where i have marked my TP line. Good day everyone and good luck! hope this will be lucky trade!
AUDJPY has finally broken out of a two week triangle, lifting above 85.880 and is signaling further gains to initial target of 86.420 & 86.700 & finally 87.840. Intraday dips should attract buyers, only a move below the lower triangle trendline will the breakout be considered a failure. Our algorithm is putting the odds of hitting price targets at 62% over the...
Buy around the break of 1.1330 and close position around 1.1450 because there is a strong resistance at 1.1462. Still need to confirm this but around the 1.1462 zone look for a short sell to 1.1333 - 00 before a long continuation to 1.1583
Waiting for bull divergence + reversal bar pattern inside PRZ. Will see if the bearish 3D pattern completes and overlaps to ABCD pattern on D1 chart (green) for a future short position.
Market has levelled out while RSI has dropped - divergence.
Pattern complete, waiting for: - Bullish divergence, and - Reversal bar pattern inside PRZ This is what I see on D1 chart (Bearish ABDC pattern projection + bullish divergence)
Very strong confluence between the 1.272 and 0.786 Fibonacci levels. I have placed an entrance at this confluence.
Updated version of my previous analysis (previous idea is linked below) Crude provided us an excellent entry this friday when it bounced off pervious high, leaving us with both resistance area at 38 and structure. This is a perfect chance to get in at the bottom with a target up to 43.40, thus completing our 5-wave correction pattern aswell as a 3-legged move...
GBP/JPY COMPLETED 5 WAVE UP, AND SEEMS LIKE THE ABC CORRECTION IS DONE TAKE PROFIT AS PER CHART
Buy this divergence on platinum. Two sets of divergence between market prices and the RSI index. Market is still slightly in oversold region so good to buy now.
This Gartley has formed and overrun, giving us a better risk/reward profile so still enter.
GBPUSD is lining up with a very good long on both 1h and 4h chart. We have our trendchannel with 2 test of low and 2 test of high, with a possible bounce for 3rd test of low, plus a 78,6% fib retracement in almost perfect allignment. I've decided to go with a wide SL below the prev swing low, but this is ALOT of room to work with, and you could easily narrow it...
Let's see if the price complete Gartley pattern projection (blue) on H4 chart. Wait for bull divergence + reversal bar pattern inside PRZ (use H1 chart if is necessary)
Because the lack of bearish divergence + reversal bar pattern when the price completed the harmonic pattern, and now the presence of a bull divergence, I consider that the price is going to retest resistance at 0.7900 and remains the bearish shark pattern valid. With the help of the bullish ABCD pattern, a buy setup could be triggered if a reversal bar pattern...
Let's see if the pattern on H4 chart (blue) complete. Wait for bull divergence + reversal bar pattern inside PRZ
A nice correlation trade between GBPJPY and USDJPY is forming. The two pairs are currently trading with a spread of 550 Pips, the widest spread since the end of January. Our algorithm is giving a 79% chance of GBPJPY coming in and a 74% chance of USDJPY rising. With that said we will be going Short GBPJPY at market and Long USDJPY at market. NO STOP will be...