Potential Bearish Cypher On Cadjpy We also got bat on daily lets wait for confirmation for a short tp
Strong Structure Based Sell Zone on Eurjpy Strong previous Structure Resistance
Short term intraday review of current possibilities On a 1H chart we have a bullish pattern Divergence with a current oscillator confirms the reversal pattern on a 1H chart, what gives support to momentum traders, and can possibly give a momentum to the price movement. Price is At weekly pivot However, I will look look for Bearish PA patterns to begin with...
Short term intraday review of current possibilities On a 1H chart we have a bearish chart pattern At daily pivot Price is currently at 50% Fibonacci retracement area (Filtered to 1H timeframe) in a relation to previous swing Down Due to all the mentioned above and a current price position (intraday - independant view) I will look for Bearish PA patterns...
Have a look and coment as well!!!
Goodmonring, I've been watching this pair for a while now. and i posted a potential trade 7 days ago ( ) If the price come's to Point D of the gartley pattern i will go short on this pair. on that point it could be the right shoulder of the head and shoulders. Lets see where the price is going! Good luck this week. Best regards.
ON expected to open at 11.42 for a Perfect Gap N Go. To learn to trade this strategy for free go to www.RealLifeTrading.com
Crab with 2.24AB=CD (the 1.618 is way far behind to be at any importance) , 3.14BC projection and 1.618XA extension in the PRZ. SL @ 1.07. The RiskReward ratio is good standing at around 3.7. Since the RSI show such an oversold state I would personally execute the trade right after it touches the D point. Another important thing. Since the high volatility this...
I drew a triangle based on OBV's 50 hour moving average (orange), and mirrored the triangle on price. Red and green areas are 80/20 % overbought / oversold zones. At this moment we are in the overbought zone so you can try a short here. I expect a big move of ca. 50% after price breaks out of the triangle. Targets: Upside: 333-375 Downside: 130-90 Cheers :...