Aud/usd is preparing to go up within few hours. Please set your buy order now 0.86589.
blue trend retraced nearly 100%, possible CRV 7, idea is continuation of blue trend
Pros: 1 - Bearish Gartley Pattern & AB=CD (Red formation); 2 - Candlestick patterns hanging man (Daily timeframe); 3 - RSI almost in overbought conditions. Cons: 2 - Breakout of the support area (Orange Square).
Pros: 1 - Bearish Gartley Pattern (Red formation); 2 - RSI almost in overbought conditions; 3 - It is expected a retrace in the Golden SMA to trigger the move to the downside. Cons: 1 - Not a perfect Gartley pattern;
Everything on chart :) I follow the rule less is more! Safe and secure entry would be waiting price breakdown trendline + EMA 12 but you might me little to late So i would suggest here little more agressive entry, drawing trendline accurate on H4 and wait that price reach around EMA 200 (please check your charts) and after price BREAKDOWN TRENDLINE + EMA 12...
Bear without comment from the 1339$ at 07.13.2014 we are up once of the mm50.After the ema30 has allowed vendors very good entries, demonstrating the strong presence since beginning of trend. For some days we are seeing an increased presence of buyers causing sorties over the ema fences without closing after, a kind of rounding bottom or double bottom formation...
Gartley sell pattern completed at resistance zone in H4.
Potential bat pattern forming in H4?
As per my earlier post on AUDJPY yesterday, market re-tested the resistance zone and had a false break. Price closed below the resistance zone. Entry: 95.10 Stop loss: 95.38 Target: 94.55
A potentially nice Gartley pattern is forming in H4. Look to buy in the indicated buy zone. Continue to see strength in GBP and weakness in AUD.
Waiting for clear price action sell signal in the red zone.
Market is moving ever closer to my identified short zone with several rejections right below that zone in H4 chart. Waiting patiently to pull the trigger.
Limit buy order: 0.9275 Stop loss: 0.9195 Target profit: 0.9410
Buy limit order: 0.8680 Stop loss: 0.8655 Target profit: 0.8740
Before continuing its downfall, EURUSD will enter correction. On H4 timeframe chart there is clear divergence between price chart and Awesome Oscillator. MA 50 is also far from MA 200. Consider buying at 1.36 level with a stop around 1.3580 and take-profit at 1.3680.
Bearish SHARK potential... (-) Divergence would be nice too if price and RSI turn together within the Brown Zones....