Hi guys, We have a bearish bat formation on hourly chart, which is already triggered and tested PRZ half way. And also this zone is previous support/resistant structure. This one can be good trade with risk reward around 1.5 at the first target 38% FIB lvl even when you place stop loss 10 pips above the whole PRZ, you can aim for target 2 at 61% and so on. If...
POTENTIAL SHORT INTO 0.70800 AREA. ACCORDING TO THE BEARISH CYPHER PATTERN
HARMONIC PATTERN POTENTIAL LONG ON USDSEK
I will be looking for a sell setup inside red box (0.5retr BC wave + 1.272-1.618ext + AB=CD completion). Bearish divergence on 1D chart. Full moon coming very soon. I expect short-midterm trend reversal. TP1: 1196 TP2: 1177 TP3: 1160 Trade responsibly.
Confirmations: RSI overbought Strong structure Harmonic Move Fib Confluences Target: retest of the A leg (could be lower)
Confirmations: -shooting star candle -doube top pattern -harmonic move (AB=CD) -RSI overbought -good structure
Confirmations: -Valid harmonic move(AB=CD) -Strong structures -Shooting star canddle -Double top -Overbought RSI
Here we have a beautiful high probability bullish setup A nice bullish Bat pattern confirmed with 2 AB=CD move Potential Minor price rejection at 1.74000 Potential target 1 above the Minor price at 1.76282 Trade safely guys ! (For me, trade will be taken if price goes outside the Bollinger bands & RSI overbought/sold)
Here we have a beautiful high probability bullish setup A nice bullish AB=CD pattern Potential Half major price rejection at 0.95000 This pattern can confirm the Cypher pattern Trade safely guys ! (For me, trade will be taken if price goes outside the Bollinger bands & RSI overbought/sold)
A 2618 Trade setup looks to be developing on the daily time frame. Price action broke through Trendline support of the correction channel. If price retraces to 1.26000 which is also a retest of the trendline and psychological resistance area, we are looking to short this pair. Stoplosses at the previous high - 1.27800 and Profit Target 1 - 1.24000 area Target 2 -...