if the price holds on 1.3654, uptrend will continue...
As you can see, since mid January we have had multiple harmonic patterns play out with extreme accuracy. Starting with the Bearish Gartley that sent us from 12k all the way down to our low of 6k. This of which completed a beautiful Bullish Butterfly that has sent us soaring to where we are now. After an 80% increase from the bottom, we now have multiple...
The Retrace from the Bullish bat should complete the Bearish Cypher pattern. If all goes well, we can make good money up and down. Right now I'm long with stops below the D leg of the Bat @ 1.373
USDJPY is Good to buy , formed Bat Pattern and rejected . buy is confirmed so you can enter in this trade.
bULLISH BAT. THANKS TO TOM HALL FOR POINTING IT OUT. YOU DA MAN BRO!
Loving this set up. Long to about 11,000. Looking on lower TF to add more positions. I will post updates of when I enter more and exit the trade.
Hi guys, very simple setup. On EURUSD we've recently created a double top on the daily chart and price has broken to the downside, giving us reason to believe it's headed lower (RSI divergence is also supporting that). Although the price has increased very rapidly over the last hours, i'm still incline to sell this market and i've also found a valid entry point,...
Hi guys, very simple setup. On EURUSD we've recently created a double top on the daily chart and price has broken to the downside, giving us reason to believe it's headed lower (RSI divergence is also supporting that). Although the price has increased very rapidly over the last hours, i'm still incline to sell this market and i've also found a valid entry point,...
NZDUSD might give a short opportunity with this bearish bat on h1 Entry @ 0,7327 /SL 0,7369 /TP1 0,7273 /TP2 0,7235 As always, comments are welcome --------------------------------------------- "Build a plan, follow it consistently" Regards Rafael
DXY is about to retrace down or find a new low. Cheers!
A potential bearish bat pattern is spotted on H4 Chart. RSI is about to reach the overbought level, PRZ is at a good resistance level. R:R at 1.6 (TP1) and 2.6 (TP2). Good luck. Wishing you guys a Happy Lunar New Year! To a prosperous year ahead! Cheers!
Bearish Bat Triggered On GBPUSD 1hr: Oversold RSI Target 1: 1.3995 Target 2: 1.3926