Every time it touches the resistance line in downward channel it falls down (-0.82%), it tested the upper resistance in channel fourth time so should retrace around .98800. Further confluence to weekly fib and support in channel around .80098
I'm new to Harmonic Patterns. If B Resistance Level is broken I'll long until D & wait for confirmation to Short from there. Your input please ?
Butterfly pattern on AUD/USD bearish set up at 0.76100, 76.8 B point and C point at 61.8
PAIR: USD/CAD TTF: 1HR TRADE: BAT PATTERN NOTE: These are potential Trade opportunities based on my own personal Analysis. Thank you, Star Prosper Philip Stewart
PAIR: USD/JPY TTF: 1HR TRADE: BUTTERFLY + GARTLEY PATTERN NOTE: These are potential Trade opportunities based on my own personal Analysis. Thank you, Star Prosper Philip Stewart
1H Silver Chart, using Elliott Wave and Pitchfork Tool
The yen pairs have been climbing very high for the pass few weeks. It seems as though price is getting rejected to go any higher. We will see if price will continue falling after it touches the trendline. Still a good opportunity to grab a few hundred pips.
Entered this trade a little early should of waited for confirmation on gartley. However do think it will have a huge downtrend and potentially start new trends. Look at my reasons on the Chart for entering the position.
Besides all averages down on the 1 hour timeframe, a descending triangle is spotted as well. Watching for that level of support at 212.50 for a hold or a break below down to 210 or lower...
USD/CAD Potential BUY Scratch Setup On 1 Hour Chart
eurnzd has been over sold nice bullish oppurtunity on 1hour chart support and resistance is self explanatory should touch the 20 EMA
By AGI Studies >>> USD downward composed and checked for the red cross Franco against USD , which stores the session down 1.18% on the previous values. Clearly deteriorating technical picture with control media estimated at 0.9612 area. On the upside, however, a polarizing layer further outflows seen at 0.9842 level. The deterioration of the Swiss franc against...
Strong downtrend indicated from past analysis. major bullish price action have taken indicated by the EMA. Remember these are the 'past' prices, anyway first target is 1.2854 level if the down trend continues for a longer term i think it can touch the 1.278 level for sure. stoch and RSI confirming short overbought like crazy.
By Investing.com >>> AUD/USD held steady at 0.7615, the highest since July 15. Data earlier showed that China’s official manufacturing purchasing managers’ index ticked down to 49.9 in July from 50.0 the previous month, compared to expectations for an unchanged reading. However, the Caixin manufacturing PMI rose to 50.6 last month from 48.6 in June, compared to...
arrows indicate where price can go. blue arrows for short red arrows for long don't marry into an arrangement. keep your charts simple so bias can change Sell programme looks to be completed soon. look at the identicle price pattern on the left