Currently the pair is trading above 1.4600 and just above the trend line, implying that the momentum is to the upside. Should bulls maintain their grip on 1.4600, we would expect them to target 1.4625, 1.4650 and 1.4675.
I'm predicting the market should go up from this bat pattern that formed!! Thanks for Viewing!! #WealthClub #Forex
in USDCAD there is a possible crab pattern to complete
A potential bullish Advanced Gartley Formation that (depending on the reversal) may end up being the "C" leg for a potential Bearish Advanced Gartley Formation. Akil Stokes Chief Currency Analyst & Head Trading Coach www.TradeEmpowered.com -The Premier Online Trading Education Company YouTube goo.gl Facebook: goo.gl Twitter: goo.gl You Can Also Follow Me On...
Head and Shoulders on hourly chart; the pattern's neckline lines up with the fib .618 so I might go short from there.
Pattern triggered today, as last candle's closure should complete below the neckline at 1.9800
After catching a pain free 2 target winner on our Bear Cypher pattern from last nights video we're now seeing price continue to roll down setting up 2 new potential advanced pattern setups. In Green is a potential Bullish Gartley pattern and in Blue is a potential Bullish Cypher Pattern. Akil Stokes Chief Currency Analyst & Head Trading...
Target is there.
Keep this pair on your watchlist. We are at support and bullish bat pattern has been completed, the CD leg of Cypher pattern can emerge too.
After seeing the Bearish Bat Pattern on Daily chart, here is Bullish Bat Pattern that is setting up on hourly chart, so I guess it all depends on your preference how you want to trade it.
I didn't plan on doing any analysis today but one of my training course clients shot this over the chat and well...can't pass up on a valid Cypher pattern. Here's to 2016, let's see I can pick up right where I left off. Akil Stokes Chief Currency Analyst & Head Trading Coach www.TradeEmpowered.com
Must see good breakout with large body candle to confirm the validity of the pattern.
Can we expect a collapse of the Europezone? *As Goldman predicted* A Monetary divergence This step is likely to be followed by the Federal Reserve's (Fed) decision in the opposite direction to raise interest rates for the first time in nearly a decade at the December 15-16 meeting, Just Playing & Guessing Possible scenarios for the hereafter.. 2015 / 2016
Breakout accrued followed by test to the neckline.