AUDUSD short term bullish Libra pattern formed + potential AB=CD move Watch closely at 0.7426 ~0.7482 area as that's the previous structure and fibo 0.618 level Suggest not to take any long positions currently, rather wait for AB=CD to complete and selling signal appear at the mentioned area to short
Confluence: 1). Fibonacci Retracement (0.618). 2). Cypher point C (1.272). 3). Gartley point D (1.272). 4). AB = CD. 5). Libra Pattern (structure.
EURAUD Short Setup - Libra pattern - good RRR - Thank you for your likes and comments. Please follow me :)
The double bottom formed and the market is pulling back the 0.50RET. Meanwhile the strong support also works at this zone. Additionally, the bullish Libra Pattern is forming. Maybe it is a long term buying opportunity. So it is good to buy at 1.647-1.663 levels when the price pulls back and gives signals in the PRZ. SL: below 1.640 TP1: 1.750 TP2: 1.800 TP3: 1.90...
The market is pulling back the 0.786RET of previous rally where the good support works. Meanwhile, a bullish Libra Pattern is forming. So it is good to buy at 1.673-1.677 levels when the price enters and gives signals in the PRZ. SL: below 1.673 TP1: 1.690 TP2: 1.697 and further more
The double bottom formed and the market is pulling back the 0.618RET where also a good Demand Zone locates. Meanwhile the strong support also works at this zone. Additionally, the bullish Libra Pattern is forming. Maybe it is a long term buying opportunity. So it is good to buy at 1.647-1.663 levels when the price enters and gives signals in the PRZ. SL: below...
there is a discrepancy between rsi and chart. we should follow the price.
there is a discrepancy between rsi and chart. we should follow the price.
The bullish Libra pattern completed at 110.0-110.1 levels and the 0.618RET of previous rise locates at 110.5. Meanwhile the Demand Zone also works at this area. So it is good to buy at 110.0-110.5 levels when price action gives signals in the PRZ. SL:below 108.1 TP1:113.5 TP2:115.3 and further more
hi guys, potential libra pattern on 1h chart with pin bar at the 0.618 retracement. targest on chart. trade with care.
The market has broken out the starting point of last rise and the pullback is coming now. The potential bearish Libra pattern will complete at 113.3-113.5 levels because of the previous strcuture. Meanwhile the 0.618RET of previous decline also locates at 113.3 level. So it is good to sell short at 113.3-113.5 levels when price action gives signals in the...