Bearish movement stopped around 0.0002500 and tried to moved below for 3 consequent months. March comes with strong bounce from that level suggesting trend reversal. Pair bounced from mentioned level and created big bullish candles on monthly weekly and daily chart. Chart 4h intervals reveals quite interesting formations suggesting further gain of ppc vs btc. ...
Here is the followup pattern to the weekly pivot point on the NZD/CAD.
The weekly pivot level runs directly through a close-to-perfect Gartley. Upon closer inspection, there is also bullish 5-0 in the making.
The gartley dictates that we should sell at 0.977, with TP levels at 0.382 and 0.618 respectively In this instance, we will short the pair until the weekly...
Looks like we're slowly moving from bat week to bear week; yet another bearish harmonic pattern here- a perfect Gartley. We have weekly resistance at 1.024. This should give us a solid position for a bounce at the D point. Assuming price makes it that far- we will enter at between the D and X points with 2:1 risk, then set out our first TP level at 38.2% then...
Ultimately a carbon copy of the USDJPY set up; the strengthening of the yen has produced another bearish 5-o movement. We have a solid support at 112.5 which has now been broken; price action dictates that a retest of resistance at the former support level would produce a bounce- at which we will enter and take profit at the C(4) point.
Just like before, within...
After hitting resistance at 118.6, price has been in a downwards trend. Admittedly I have recently been looking for setups that support a bullish dollar and retest resistance at this level. This has not happened and I have decided to look at the potential set up that continues the weakening of the dollar and this trend's downtrend since the beginning of the year....
Noticed what could be seen as a "double bottom". The pair is currently in a correction and heading to a zone where there was some resistance back at the end of 2016.
The correction could carry on for a bit longer, so, for now, I'm waiting to see if the price will break out above before I enter the market. At this time I'm waiting to see what the market wants to do here.
here's guys a new analysis! as we can see in the chart there's the chance of an abcd pattern, so in the next session of trading we expect an up trend move! stay tuned!
PAIR: EUR/JPY
TTF: 4HR
TRADE: BAT PATTERN
NOTE: These are potential Trade opportunities based
on my own personal Analysis.
Thank you,
Star Prosper
Philip Stewart
PAIR: AUD/JPY
TTF: 4HR
TRADE: BAT PATTERN
NOTE: These are potential Trade opportunities based
on my own personal Analysis.
Thank you,
Star Prosper
Philip Stewart
