I see sellers losing some energy it will retrace back to 618 level of the last impulse.
Sellers are accumulating this area the least resistance is for price to go down then up.
after the price breaks down the green zone, I want to enter a short trade.
Confluence factors: -Downtrend -Possible s/r and fibo retest confluence -I forgot what else lol
Confluence factors: -Flag pattern -50% Fibonacci retest -50 EMA retest - 15 min "support/resistance" zone
Hammer on EUJ and clearly recognisable from structure of the day before.
Hi, We got a great bearish Gartley harmonic pattern on the AussieCad 15min chart. With this specific pattern we waited for the ab=cd completion before entering. The price has hit the ab=cd completion level required before entering the Gartley pattern trade as stated by Scott Carney, harmonic trader from HarmonicTrader.com, creator of most harmonic moves and...
AUDHKD - 1a - 190223 - SHORT - OANDA - AT - 15Min - (RRR 5.09)
a short opportunity will rise soon. FX:AUDUSD entry at pivot point at 0.7121 tp : 0.7114 a quick Scalp with high probability, as you'll see an oversold RSi at 15 minutes timeframe! and pivots of course.
Here is a potential opportunity to get involved in this trend with a almost perfect Cypher Pattern.
Found this bullish flag pattern on the 15 min
It looks like there could be a possible H&S forming on the 15 minute chart for BCHUSD. Also I believe that this may play in the rules of Bulkowski's Big W where sell position as initial drop point of the "W" formation. Any input would be awesome as I am still learning this trading tactic. I hope everyone had a great Christmas. Happy holidays to all!
Potential trend-reversal move here, engulfing candle below the 50 EMA after a break of structure. 2:1 setup, B/E @ 1:1 RR (previous low)
Not seeing a very strong bullish reaction after the big move down. This consolidation is very low volatility and appears to be forming a bear flag. Next target is $3,800 if the pattern confirms.