SELL GBPUSD 1.4840
Leg D of almost finished cypher pattern coincides with leg C of the next. Opportunity to trade one after the other.
Tomorrow , the 17th, will have strong news for both pairs . The analysis is aimed at the graphic. At this point , it is better to use low lot in trade .
On GBPUSD we have 3 Pattern set up, Bat, Cypher, Cypher. My prediction: - Fill of the Bat-Patter (red) aiming for 38.2 Fib Target - From there on a possible down move to fill the blue Gartley-Patter, aiming for TP1 and TP2 (blue lines) -After targeting the blue Gartley, another down move to the purple Gartley (H4) with targets around the actual range.
Big leg up might be reaching point of exhaustion at PRZ
AUDJPY H1 - Bullish Bat Entry: 89.684 Stop: 89.055 Target 1: 90.505 Target 2: 91.007
USDJPY H1 - Bearish Cypher Entry:117.790 Stop: 118.287 Target 1: 117.492 Target 2: 117.308
EURAUD H1 Bearish Cypher Entry: 1.48240 Stop: 1.49218 Target 1: 1.47244 Target 2: 1.46629
USDJPY H1 BULLISH 0.618.. 9:30 - The price found some support around the 117.75 area on the USDJPY, we might see the price going up if the price breaks the 118.25 level which means the previous two candles high, but at the moment the price closed with a bearish 4H bar that is not giving too much volatility to the markets to the bullish side. So further...
Looking to buy GBPUSD above the orange line at 1.13813. Targets are 1.14587 and 1.14890. Stop loss will be placed 20 pips below the 1.13146 support level.
Sell area 1180--1182 Stop Loss 1185 Target 1165-1155
Hi, I will take short on area BRN 1.57000 and TP area 1.5550/60 SL 15pip
After a dive on y'day FOMC a possible recovery on this bullish cypher. Keep an eye on today GER data
Posting this a Little late, but you know, it was lunch time :) Was expecting this RSI Divergence in H1, Reversal happened in my PRZ. Entered a short at 9330, SL 9355 Looking for a downward movement