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....
Gartley Pattern in TVC:USOIL chart Entry point: 47.37 3 Targets
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
Potential Inverse Head and Shoulders Forming on the Daily
Long DXY Important price:Blue interval (B) DXY has a potential bat pattern, but the pattern formation is a long waiting process
PAIR: AUD/USD TTF: 1HR TRADE: BAT PATTERN NOTE: These are potential Trade opportunities based on my own personal Analysis. Thank you, Star Prosper Philip Stewart
200+ Pips BUY at (D) PRZ Good Luck! KEEP THE RADARS UP!!!