NZDUSD has retested a BAMM line and in doing so has completed a bearish Wolfe Wave. Going short here would target the completion of the Bullish Bat which coincides with both a missed daily pivot and the EPA/ETA combination from the bearish Wolfe Wave. Market entry used with SL above structure highs and target at the completion of the bullish bat pattern.
Potential Gartleys on USDJPY 15m Use your own rules of SL and TP. Is the gartley pattern not in your trading plan? Then do not trade it! If so then good luck :) (note: if the "c" leg exceeds the "a" leg of the bearish gartley then the pattern can not be used)
As you can see above, the latest swing high at 93.636 was just a few pips away from completing a gartley pattern. Price is currently printing HH and HL indicating an uptrend, and providing a possible scenario where we could see price make a final stretch completing the gartley, and testing the supply zone before making a stronger reversal. Also, price has...
I think as follows. It is not "Turn of Buying" by looking at Weekly. but... there is a possibility the buyer is waiting at 107.40-00. It is said many times, but I prepare for the movement of short-covering. Recovery-High of decline is 108.73 / 75. After breaking there, it's not too late that I switch to buy. Because it has been resistance twice in...
Out of sheer demand for more short term analysis, I thought I would take a few minutes & dissect the 15m chart today. Just so you all understand, my personal holdings are relatively limited and because of this fact I am trading my account off the higher time frames. Full disclosure - I am currently still long 1/3 of my buy at $459 per my published posts and don't...