On the 4hr chart on AUDCAD a bearish bat has formed. I believe the D leg is completed. Any move higher will offer even better entry to short. Use proper money management. Cheers
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On NZDCAD a bearish bat has formed...however am short am still expecting a retest of the PRZ before the drop. Look for bearish evidence before taking the trade. Use proper money management. Cheers
I will be updating GBPUSD ideas. Follow me and check the related ideas below to learn more details.
I will be updating NZDUSD ideas. Follow me and check the related ideas below to learn more details.
$BOOM DMC Global - finding possible resistance near $43. Expecting a correction in the medium term, back to the mid-30s or lower. See chart Fibonacci levels for possible targets. $SPY $QQQ $DIA
A potential bearish bat pattern is spotted, RSI on its way to overbought level. PRZ is at a good resistance level. R:R at 1.1 (TP1) and 1.8 (TP2). Good luck.
GBP/NZD Opportunity to short GBP/NZD. As you can see we have a bearish Bat Pattern already completed. On 15 min chart you can already see a RSI divergence.
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What's up traders!? Following my previous idea, here is another position which favours a bullish Japanese Yen. The Japanese adjusted trade balance is expecting this evening at 00:50 GMT+1, with a positive consensus of 610 Billion higher than the previous release of 1.03 Trillion. My decision to take the trade will depend on the release later this evening, but...
Ok... there is abviously a lot going on in this chart. Apologies ahead of time. We've completed the bearish bat and also the micro bearish bat... but no correction. Obviously we have experienced a trend reversal with BTC. I'm sure we will have another correction but I think sub 5k will be a reality. I could be wrong and I'm ok with that. Anyhow, possible...
eurjpy bullish bat pattern completed @tf=w.. not a reco as it will be used for FXSamurai task fulfillment.
ALL TARGETS ON CHART!! GOOD LUCK CoOkies ;)
Very short-term trade, this post is slightly late. A bearish bat pattern has already completed. I have shorted this pattern. R:R at about 1.1 and 1.9. Good luck.