Waiting for a drop to complete an M pattern. Also looking at a green line alligator cross over. Will be keeping my eye on this one. It's an active trade for me.
Hi all, For more stuff find me on telegram: t.me/FXT_TL. Sharing my thoughts on the AUDNZD pair for the upcoming week(s), no entry yet. What oppurtunity do we have on this pair? well let me tell you: We have created a M-pattern wich is giving us information that we might want to go down. Also we might see the H&S pattern being created like shown, wich in the end...
USDJPY will form M pattern. Sell usdjpy to previous bottom with tight stop loss Hit the like button if you find it helpful and informative and follow to catch every wave correctly.. Previous analysis
Formed 2 M patterns recently, the recent double top may take the price to 1600 area
M pattern has formed on support that may become resistance
Indication for a downtrend M formation is forming both highs for top of M, news updates coming this week low risk for high reward
-BULLISH TREND -LETS SEE IF IT CAN FORM AN M AND THEN CONTINUE TO THE UPSIDE -MULTIPLE FIB CONFIRMATION WITH TREND LINE AND POSSIBLE SUPPORT LEVEL RISK ADJUSTED RETURNS IS WHAT WE ARE LOOKING FOR!
Hi all, I believe gold should go down in price following a double top pattern and a break in the trend! Have fun all!
TECHNICALS: Currently, BTC has completed a Peak Formation High (PFH) with an M pattern and has progressed down to confirm a Level 1 position. There is a high probability for a good SHORT down towards the MAYO (200 EMA) as well as most likely PIN the BLUEBERRY (800 EMA) before forming a Peak Formation Low (PFL) with a W pattern. Once it forms the W pattern, we...
Dear traders, So as you can see we expect AUDNZD to go short. We think it will go short because the markt is now in a strong weekly sell order zone. If you zoom in on the daily chart you can see we are now also in a strong sell order zone that’s been filled right now. It will be much clear on the 4h chart, you can see the 4h trendline is been broken en created a...
Dear traders, So as you can see we expect USDJPY to go short. We think it will go short because the markt is now in a strong weekly sell order zone. If you zoom in on the daily chart you can see we are now also in a strong sell order zone that’s been filled right now. It will be much clear on the 4h chart, you can see the 4h trendline is been broken en created a...
Busy chart. US 30 is trending down since 26 Feb 19, and 22 March Price Shock was pivotal IMO: Note the long TL at bottom reaching back to 1996. Scroll R/L to see the extension. IMO this line will define the bottom for the 2020 bear market. Note the two-year 'Trump' TL which has enjoyed a parabolic run-up since election and corporate tax cuts. This curve is...
All the good news is out. Prices pierced and fell back to TL. Price at 0.62 Fibo now. Sand P also at Fibo just a hair above 2700. Bear flag flying at tip of pennant. Can it get higher? Of course! 'Pumptards' are capable of infinitely irrational behavior. But will it? That is the question, to be or not to be more! IMO not to be more. Just an idea; the .62 Fibo...
FX:USDCHF Sell idea. Completed harmonic patter with multi-day M at the D point. Rejection off 88.6 Fibonacci level with sell confirmation off MTFA-FAST. Additionally, entry point painted in Supply zone which is a major/previous PRZ
- completion of m pattern from the 12th OCT - decrease in sell pressure heading into major support - wait for reliable buy signal to trade to minor resistance as T1 - risk/reward: 1:2.35
- peak low set on Tuesday - peak high set on Thursday after stop hunt from previous high on the 0.236 fib level that happened on Wed - m pattern on the high - take the short to the 50 fibonacci retracement level - risk/reward: 1:1