QP = Quarter Point AUDUSD Gartley - ABA expansion 1.272 - D 78.6 ABCD projection 0.7000 Major Quarter Point acting as Psychological barrier/Support
Large Gartley Pattern setting up with Confluence plus an ABCD pattern and Quarter Point IG: @ RICO FOREX
Expecting NZD to rise, Weekly Support hit, 88.6 hit and DB 1:4 ratio
Long Trade based off uptrend market 50% fibonacci rejection/ never chase price always wait for retracement for better entry points Follow me on Instagram: @RicoForex
Long Position possible break of trendline Follow me on Instagram for more @RicoForex
Quarter's Point Confluence - 1.35000 Deep Bearish Crab ABCD pattern completion Bullish Gartley Continued Uptrend - Daily candles closed above 78.6 and above 1.30 QP Wait for zone to be hit - then for some type of bearish structure to form before shorting. Follow me on Instagram @RicoForex
USDCAD buy opp: 1. bullish momentem on dxy. 2. of weekly Channel hit. 3. DB @ 78.6 4. Possible bat pattern formation C to D . 5. TL hit. waiting for : 4hr to close.
AUD USD bearish setup w/ multiple price clusters. at TP, cypher pattern reject to the downside in confluence with the trendline.
minor correction on usdjpy at 1.13 extension. short to 38.6
Since GBPUSD has broken Brexit Low i am looking for extensions to tell us where GBPUSD may head next. I'm looking for it to reject in the 1.26500, also in confluence with the half quarter, if it breaks that I'm looking for it to continue to 1.21 check screen shot below. please also be aware that price is currently at the 2.24 extension which is a minor extension...
usdjpy cypher pattern. DXY losing momentum
88.6 Fib retrance of initial high, daily/4h resistence . descending triangle.
this is a correction to the projection that i posted on sept. 22nd . with new TP'S
trading this countertrend as Australian employment rates drop the aussi to daily support. looking for a rejection at daily Support to complete morning star formation.
As a raw technical trader, i pride myself in trading by anticipating markets through technical analysis. here we see raw price action coming into play as we have AB=CD pattern on the 4 hour chart. this is also in confluence with monthly support. i aim to take this trade for about 4-100 pips back up if everything goes according to plan. Beware this is counter trend...
As the market prepares itself for a major move as news comes out for Bank Of japan Sept. 20 Tuesday next week technicals are largely at play, we see two Gartley patterns on the 4 hour and 1 hour timeframes. i am going on the 88.6 or 78.6 after receiving confirmation and will be taking it down from C to D of the Bullish gartley. As Market conditions shift i will...
i've down my bearish analysis on USDJPY if price reverses down. but incase price breaks 104.30 we should see price head all the way up to 106, terminating @ 78.6 of the bearish Gartley.
had this marked up on the chart for a month now, in confluence with day resistance and 78.6 on the daily !