We have two potential setups: XAGUSD Bearish Bat EP @ 15.43 SL @ 15.59 TP @ 15.17 / 15.02 XAGUSD Bearish Butterfly EP @ 15.71 SL @ 15.82 TP @15.35 / 15.13 www.fxpresearch.com
As anticipated in earlier ideas we did see gold rising. im already long a few positions based on earlier breakouts, since they are all breakeven by now im looking for further buys above the current consolidation. The goal is to get all the way up to the solid line for complete the head and shoulders patttern and then look for shorts based on this butterfly....
there is a possible butterfly. I have missed the first entry, but there is another one
FX:AUDNZD www.tradingview.com Safe Trades;
Hey traders, From what we know about trading, we know that there is really only 3 ways the market can move. It can go up, down or sideways. Sideways movement is called consolidation. In consolidation we get to use Fibonacci ratios to determine probabilities of success by selling or buying a 5th move of a 4 move prediction. In this case. we have formed what many...
TVC:DXY Bullish Patterns; Short the Breakout, Buy the animals when/IF completed BUTTERFLY Point B: 78.6% XA Point C: 38.2% AB 88.6% AB Point D 161% ext BC 261% ext BC Targets: TP1 61.8% CD TP2 127% CD BAT : Point B: 38.2% to 50% XA Point C: 38.2% to 88.6% AB Point D: 88.6% XA Targets: TP1 38.2% AD TP2 61.8% AD safe trades; open.spotify.com
$EURUSD opened the new trading week below 1.14-1.15. With the price below its weekly trading range's top, we have a potential for a short term bearish pullback towards either the uptrend line (see chart) or the 1.11 structure zone which is just above the 200 days MA that turned flat following sharp decline. The longer term analysis suggests that $EURUSD should...
Hey gang, Been really busy getting the back end of the website ready, but if your checking us out on the YOUTUBE channel, then you must be up to date with whats going on. If not, then GO SUBSCRIBE so you can stay updated. Meanwhile, This is a Gartley on the H4 which is different then what we normally do since we trade on the H1. This pattern gives me more than...
FX:GBPUSD I suspect of one finished correction in a down trend, so i do believe that we should see the price to break the structure and sink at below's cluster zone following the major trend; Once "inside" that cluster zone, there's a Shark Pattern completed, and "we should" seek for "long" opportunities; On my radar: a short opportunity on breakout and one...
Complicated ahh? :) Multiple bearish signals on $SPX following Yellen's speech Bearish Outside bar was formed earlier today but the price hasn't closed below the low yet (only spiked) Price is still above Fast SMA line. A close bellow 2060 should trigger the move towards 2050. Weekly close is what matters for longer term reversals so yesterday's rally still...
Pair broke channel, pushed by OIL price, and is going to test next resistance level at 0.76. A bearish butterfly and Crab pattern in play. Good for long positions in lower TF’s. For short position on D1 chart: wait for bearish divergence and reversal bar pattern inside PRZ box
After breaking the ascending channel to down and the price failed to make higher high higher close level , which potentially indicate we will expect to see bearish trend , having said that we can see now a descending channel become clear and the trend keep doing lower low lower close , so expected bullish move at the mentioned zone up to the upper descending...
PA is still in channel. Break to the downside has 2 targets, 2.07665 and 2.05053, that's if PA breaks the channel. Upper range break would target 2.13550 and perhaps 2.14570. Keep in mind the weekly chart where a pennant is forming and the bullish bat completion at 2.00 is in progress!!!
in a previous post (link below) i posted a setup with a bearish bat pattern which worked wonders dropping price reaching both of the profit targets. In it's way to the down, price broke a support level, and now it's rising once again forming a corrective structure. Moving up will soon complete a bearish butterfly pattern. Stoploss and profit targets as shown at...
Bearish Butterfly with Elliottwaves Trade 1: Short@41.3, stop@40.01,done Trade 2: Short@40.5, sell stop@41.2, target 37.5&36.2 Trade 3: Short@39.5, sell stop@40.2, target 34.8 Trade 4: buy@34.5, sell stop@33.8, target 45
Techincal Analysis -Retrace between 50 and 61.8% of previous leg down -161.8% of previous wave of this correction -Bearish Butterfly completed -Bearish Divergence -Under downtrend line -Previous SR