Potential reversal of AUDJPY.Let's see what happens.
EURJPY - LONG (BUY LIMIT) ENTRY PRICE - 123.400 + 122.800 (BUY LIMIT) SL - 122.300 TP - 124.750
M&M daily chart has formed a cypher pattern suggesting good support area - 590-580 levels. Holding these support levels can bring back rally in the stock again.
Price might be forming a Cypher pattern. Please hit Like & Follow to support more analysis. You can also comment to share your bias.
On 60min timeframe there are bullish bat and bullish cypher. Notice that bat pattern's stoploss is inside cypher pattern's entry. I would normally take later pattern, but in this case I will trade bat because I dont trade cyphers on 60min GBPAUD timeframe.
Price is retracing and might also be forming a Cypher pattern. Please hit Like & Follow to support more analysis. You can also comment to share your bias.
Entry 0.71000, T/P 0.72500, S/L 0.70500
A double three forming as a wave 2, we might be seeing a termination soon as a triangle has been spotted. TRADE WITH CAUTION
Forming a Cypher pattern. Price may also be forming a Head and Shoulders Please hit Like & Follow to support more analysis. You can also comment to share your bias.
AUDUSD is currently closing the bullish Cypher pattern. Considering a safety margin, the first target is 0.71680. As you can see, both Bollinger and RSI indicate an oversold zone.
A simple idea for the next few hours. Good luck.
Volume divergence as the price is rising
Hey, friends hope you are well and welcome the new update on Algorand coin. The priceline of ALGO coin has been retraced between 0.618 to 0.786 Fibonacci retracement level after a powerful bullish rally of 222%. On long term weekly chart strong support can be observed. Every time priceline has rallied to the up side after hitting at this support. The priceline...
The priceline of Algorand (ALGO) has formed bullish Cypher on weekly chart, the targets as per Fibonacci sequence of Cypher are as below: Potential reversal or buying zone: 0.00003233 to 0.00002683 btc Fibonacci projection or sell zone: 0.00003666 to 0.00004732 btc Regards, Atif Akbar (moon333)
#GBDUSD# Buy @ 1.30670 SL: 1.29320 TP: 1.34740 From the analysis a bearish harmonic pattern is formed in the shape of W, The price was supposed to go down rather it reversals, which means the end of a previous trend and starts the beginning of a new trend.