1.Price completed a H&S pattern 2.Price tested neckline with a big bearish engulf candle. 3. Second test was 200 EMA with another 240 min bearish pinbar candle with long shadow. 4. Growing momentum to downside (Green boxes are strong support zones) Good Luck!
Since 15-th september CADJPY is in a down trend. All the times that it made a lower low we can see a sharp reversal and after that trend continuation to downside. What is amazing is that all the time after the sharp reversal price created double tops. For the time being price filled the Gap created on monday and it can goes higher but what i observed are two...
EURAUD-Bearish bat at top of the structure. Be careful if price moves above X as after that we have a higher high and a "crab pattern" at price 1.5765 because there is the next strong confluence zone. Good Luck!
Bullish Bat and Gartley pattern. 1. Strong confluence zone. 2.Price tested 38.2% of daily fib 3. Daily 200 EMA as support line. Looking for reversal pattern before buy. Good Luck!
CADJPY tested daily 38.2% fib and now we can see a potential corrective move to upside with divergences on the wave down. Good Luck!
GBPAUD completed a bearish butterfly pattern. I was looking for 1.7660 price that corresponds also with 1.618 and the top of previous high. Price can extend up to 1.7660 again we don't know that. For the moment we can see that: 1.Price completed a bearish butterfly 2. Reversal is happening in the butterfly zone. 3.Break out of 60 min trend line in yellow. 4....
EURNZD corrected the last wave up to 61.8% and now it is in a strong support zone between 61.8% at 1.6680 and 200 EMA. Until now we haven't seen any significant correction. We have also thin 240 min pinbars at the support zone. If price breaks trend line i am looking for a potential move up to 1.6920 or extended target 1.7090. I am waiting for a solid break and a...
1.Price created a small H&S on 60 min TF and now it is confirming the buy setup. 2.Divergences on 60 min TF 3. Price is near a weekly resistance trend line, so there is also the possibility that price can retest that trend line before moving up. Any break of red trend line would invalidate the buy. Good Luck!
Bullish bat, near resistance trend line with divergences on 60 min on CD leg. Good Luck!
Potential bearish move. Good Luck!
Crude Oil completed a bearish butterfly in a strong confluence zone. There is a possibility for the prices to extend up to end of the red zone as that is also the butterfly max extension. Price broke the first HL 240 min TF and retraced back at 61.8%. On daily TF we have also a big bearish candle on the top of the wave that tested the confluence zone and closed...
Inverse head and shoulders. Just broke neck line. Good Luck!
Potential Head & Shoulders on 60 min TF, based on previous analysis. Good Luck!
Potential play for CD legs of two bearish Cypher patterns as potential targets. Divergences between the last waves. Be careful as the main trend is to downside. Good Luck!
For the time being EURNZD is testing a strong resistance zone that is also the completion of a daily garley pattern. I am expecting prices to reverse from first red zone. As i am looking we are now on the 5-th of a (3)-rd wave and we can be ready for the (4) wave. If the first resistance red zone is broken than we can be in the 5-th extended wave of the (3) wave...
EURGBP completed a bearish bat pattern and price is still in the zone. if price breaks the green zone than let it go as we are inside a potential bigger bearish bat patter on 240 min TF. Good Luck!
Potential H&S on Daily TF. Details on the chart. Good Luck!