buy @ point C @ 1.1290-1.13
target above @ 1.1342 expanded till 1.1455
Stop lose below 1.1265
after confirmation of point D you can sell @ point D @ 1.1455-1.1475
target below @1.1380
stop lose @ 1.15
UK Pound still on its bearish run, we have took extended target on this Bearish Bat Pattern and we are glad we did.
Target 2 hit a total of 107pips profit.
As for counter trend trader, do note on the black line that seems to be a strong support, if it is broken, it may extend lower. As for me, I would need additional confirmation before engage on this counter ...
Gartley Pattern on BTCUSD. This pattern would lead to a potential reversal of the market.
We are also see a potential Butterfly Harmonic Pattern being formed. Although, we are currently waiting for a C Leg to Form.
NZDJPY is on a sideways movement from an uptrend. There is an RSI bearish divergence seen. It can complete a bearish butterfly around a trendline resistance. This pattern is in confluence with a bearish bat having a similar potential reversal zone. Upon confirmation of the bearish bias at that level, I will go short. Stop loss is just above 161.8 Fibonacci ...
B point is a little bit deeper than .786, but is not enough for a Deep Crab (.886). Moreover, projected D point @ 1.27226 (1.272XA) is just a couple of pips away from Nov 15th retrace @1.27232.
Numbers look like:
Black Friday was fun for bargain grabs, but not so much for buying stocks. Are better bargains ahead, or will prices rise now that sales events are over? Unlike price guarantees when retail shopping, no such benefit exists when buying equities.
Market anxiety has increased with higher levels of bearish sentiment and a week of lower stock prices. Technical ...
The EUR / USD is trading in a bullish direction on the hourly frame time at 1.13357, then price drops and broken the up trend line and then forming the harmonic butterfly pattern
Expected for the pair is to climb to point (B) at 1.13902 And the target of the pattern and re-test the trend line and then sell to the price 1.12164
Europe and Italy will never solve the problem ,and the trade war will never support the economic ,so i think EURUSD not gonna getting higher
Look at the red ABCD ,wait for the top selling ,and the area at (1.16083-1.15678) ,so if u build a short position ,the SL will set at X(1.16270)