SHORT GBPUSD ON COMPLETION OF 2 GARTLEYS ON STRUCTURE, RSI IN OVERBOUGHT ZONE, COMPLETION OF AB=CD, HARMONIC MOVE, 127% FIB EXT, 1414% FIB INV
Nice possible bounce at trend line. It goes left of the graph so pan to see that. My indicators agree with the fibs, I know they may be confusing lol. Buying in at 0.79213 and stop at 0.79100 with a pt of 0.8100
SHORT At 1.28438 Strong Daily Resistance In A Range Major Support
Hello traders. Learning and developing my skills in FOREX. If i am wrong dont judge me :) But this is my opinion on 1H time fram With EURGBP . According to Fibs , MACD, RSI and some RES/SUP lines and a little opinion from PSAR trend should go up and Continue with ABCDE patters.
no mo going up purpie needs to sit
This baby is still goin and may hit the .786 fib as resistance before the trendline seen hitting bottoms
I have added a few things i think are could happen over the next couple of days.
Overlapping fibs lining up with the daily pivot
• British Pound traded higher against the US dollar, and moved above the 1.4200 levels. • There was a bearish trend line formed on the hourly chart of the GBP/USD pair. Which was broken by bulls. Wait for re test on trend line then BUY!
Very nice harmonic move for the next week. As we see there is a nice ABCD completed pattern @125.43. Our targets are fibs 0.382 and fibs 0.618. At 0.382 we have a nice support level which is also a structure level of AB leg. Our stops go above 125.43. -- www.rcpforex.com
1. ABCD harmonic pattern @160.00 2. 1.414 extension of AB 3. 1.618 inversion of BC 4. Resistance level @160.13 5. Look left for structure -- Manager.A www.rcpforex.com
Hello Everyone. Everything is given on the chart. Recently the pair has very low volatility and its time to go in action. Lets see what the market does. --- www.rcpforex.com
Good day everyone! We have a very nice 2h AUDUSD chart ready for the next week. 0.7243 is a key resistance level and 0.7010 is a key support level. In addition there is a very nice diagonal support (red trend line) which was broken recently. This is an overall view of the chart. Now let’s go in depth and build our setup. There is a very nice bullish Bat...
Gartley pattern is finished @0.7887 near the key resist level, but price found some support @0.7863 which might pull the price little up to retest the resistance level and form double top. Traders who missed the trade have an opportunity to get involved if the price retests the reversal zone. Stops should go above 0.7895 and our target zone will be between fibs...
Hello everyone! Very nice long opportunity on FX:EURUSD . The chart says everything. So, what we have here: 1. Diagonal structure trend line, which acts like a magnet, as we see the support has become resistance @1.1330 2. 1.1330 is the completion level of bearish bat pattern and ABCD pattern. 3. we grabbed some profit from this pattern trading and the price came...
We have double bottomed at a major SnR level in this pair looking for targets up to 127.034 before we get short
Hello traders! We have a very nice buy setup on FX:GBPUSD today. There is a big triangle and inside the triangle bearish gartley. The entry level is @1.4403 which is the support level of triangle. Our stops go below the support 1.4382; look left for the structure. Our targets are fibs 38.2 and 61.8 zone. Good luck -- Avto_T Financial...