Here is my picture of what is happening here on this pair. We can see a massive drop in a bullish market from 1.36550 down to 1.32000, following that market has formed bearish flag pattern and broke it to the downside yielding nice profits and forming an ABCD pattern that actually yielded some nice profits as well. Now the next thing happening is market is forming...
We are predicting the Bat Pattern to complete as long as the red resistance zone is not broken. Our strategy is to trade the 4th leg of the pattern, but a break of the red zone will make the pattern invalid, therefore we will close our position. OANDA:CADCHF
Harmonic pattern structure is confirmed. Long position can open from here.
There is possible bearish harmonic bat pattern in CHF JPY parity. Short position will open at 110.149. Targets are; 110.055, 109.997, 109,903.
Buy CDT Put stopllos bellow D (tight) or below X Targets zones are on the chart.
Buy CDT Put stopllos bellow D (tight) or below X Targets zones are on the chart.
Important numbers are mentioned on graph.
Stop loss, entry price and targets are mentioned on graph.
Entry price, stop loss and targets are mentioned on graph.
Stop loss and targets are mentioned on graph.
Stop loss, entry price and targets are mentioned on graph.
There are two targets of this pattern. Stop loss can move to entry price when price reach the target 1. Important numbers mentioned in below; Target 1: 0.75188 Target 2: 0.75013 Long Entry Price: 0.75477 Stop Loss: 0.75753
Stop loss, entry price and targets are mentioned on graph
Stop loss, entry price and targets are mentioned.
Entry price, stop loss and targets mentioned in graph
Stop loss and targets mentioned in graph
There is a bullish bat pattern in GBP JPY parity. Long operation could be try when price touch the yellow line. There are two possible targets and stop loss mentioned in graph. As most of the time i will close the position when price reach target 1.
Stop loss, entry price and targets mentioned.