Looks like the next hours or days a potential bearish cypher pattern is setting up and giving a nice opportunity to short at FX:AUDJPY . The XD 0.786 retracement right above last week's R2 pivot zone. So I'd suspect the potential reversal zone (PRZ) somewhere between last week's R2 pivot and this week's R1 pivot.
Once the pattern successfully formed, check for...
INSY is an interesting flag setup. Moneyflow has strong positive divergence, and in strong uptrend in the positive side. Good potential to run up to Moving averages around $12.50
* Trade Criteria *
Date First Found- February 19, 2017
Pattern/Why- Flag formation
Entry Target Criteria- Break of $11.27
Exit Target Criteria- $12.43
Stop Loss Criteria-...
FL seems forming a rising wedge formation. Breaking below $70.13 would be wedge break-down confirmation, and if it breaks it can decline to $66.
* Trade Criteria *
Date first found- February 21, 2017
Pattern/Why- Rising wedge
Entry Target Criteria- Break of $70.13
Exit Target Criteria- $66
Stop Loss Criteria- N/A
Please check back for Trade updates....
The a and b wave pattern happens every quarter with a stronger downward impulse to reach point a then the correction is almost retraces the downward impulse in the middle of a and b. Downward impulse toward a is happening. Let us wait and buy at the bottom on around March 8 an sell after the correction!
Hey guys, we have a reversal pattern forming here on EURGBP also with some extra indications that are influencing an up move. On RSI there is an oversold condition and MACD we are seeing divergence. Good luck and safe trading to you all
Price at the moment is correctively rising so what I am expecting to see of this pair is that price is going to fall soon. We are currently seeing divergence on our MACD which signals a reversal may happen. Good luck and safe trading.
NZDUSD has created an impulse to the downside and has broken two areas. Expect a corrective pattern to further form. Enter short on the next impulse. Good luck to all.
Hey guys,
Markets have been a little quiet for me over the last few months. However, here we have just been entered in a Long Bat Pattern on EURUSD 4H. Already had a spike into the green however hoping for a move up into the 38.2 and 61.8 retracement levels for our take profit levels.
Will be looking forward to seeing what happens with this in the week!
Any...
As of right now price is still moving upwards. There will soon be a test of two important trendlines. Lets watch and see what price does when it reaches that area. Good luck to all of you
Hey guys,
another advanced pattern formation i'd like to share with you today. As usual, my analysis starts from higher timeframe: the black line represents a daily structure level that's just been broken to the downside by priceaction. Being that, i know i expect a bearish continuation to the south and i want to get involved in short trades if i can.
This...
I've listed these areas (red) which managed to keep testing the resistance line twice and has worked because price has immediately feel short and dropped quite a bit after each retest.
There is a lot of support as well which rallied the price up but I am confident that it will rally back down.
Looking to short this Sunday evening GMT.
Thank you guys and keep...
