Potential Cypher pattern formation The price may even got down at 1120 but the is a high probability that it will continue the up trend from there...
Stops above X and XA 113 extension Because its in the daily time frame careful if you are going to short it and search for bearish evidence at the lower time frames When the first target get hit put SL at break even and wait for the second target
The second potential cypher pattern may occur in this pair
I think with the RSI down there.. its likely to see a retracement up to the 78.6% of XA and because of the general downtrend i believe it is a first class shorting opportunity!
I am new to trading. Please feel free to criticize in case anything is wrong. Follow your own plan, trade with care! Thank you. I just see the X/A Leg is not perfectly drawn.
Deutsche Bank AG NA ON (DBK.DE) is seems to be forming a Potential Bullish Butterfly with PRZ at BC Projection at 7.90 and XD at 2.52
If we get a higher high close candlestick we are talking about a probable trend continuation here.. but i would rather sit and wait patiently the pattern completion at D point Conclusion... i wouldn't get too excited with the bullish trend here.. Also check the RSI bearish divergence... I would also have in mind potential bearish patterns or double tops at the...
PAIR: GBP/USD TTF: 1HR TRADE: 2-618 NOTE: These are potential Trade opportunities based on my own personal Analysis. Please respect my Trade ideas with kindness. Thank you, Star Prosper Philip Stewart
PAIR: GBP/USD TTF: 4HR TRADE: Looking for a Cypher Entry IF we get a Double Bot. IF not, THEN I'll be looking for a Long Entry @ Major Support. NOTE: These are potential Trade opportunities based on my own personal Analysis. Please respect my Trade ideas with kindness. Thank you, Star Prosper Philip Stewart
PAIR: USD/JPY TTF: 15M TRADE: GARTLEY PATTERN NOTE: These are potential Trade opportunities based on my own personal Analysis. Please respect my Trade ideas with kindness. Thank you, Star Prosper Philip Stewart
Expecting WTI CRUDE OIL to go back to down trendline, then potentialy two setups. I m up for the long one setup. GOOD LUCK everybody
Potential short position as trend breaks support and makes bullish move to retest previous support which I believe will lead to bearish move although there is no indication from my technical indicators.
Good morning Traders, this isn't a pair that I personally Trade, but we're in quiet Market conditions right now and I wanted to share an opportunity I came across on this pair for the London open. Please don't forget to check the YouTube channel to follow along with our Trades. www.youtube.com
I may have identified head and shoulders pattern in this pair, however the Yen has been consistent in gaining strength and is being considered as a 'safe haven' for traders. I do believe that the trend would be very hard to breakthrough the 132. gap even-though the chart shows the breakage of the 131. barrier a few times. If the trend breaks 132.250 only then...
Wedge pattern broke, the continuation of the trend must carry on moving, I believe the trends movement would be slightly bullish as the euro is gaining strength. I have placed targets of where the trend may roughly go. The current potential bullish wedge may be giving the trends formation in where the type of movement would be directed. Current point:...
As you can see one of the more complicated analysis where I have targeted where each point may direct themselves. Firstly I just want to say this bearish harmonic pattern has been completed in a smaller scale and failed. Now that I have identified this completion of the potential pattern, I do believe this would cause the breakage of the 130. a solidified barrier...
Fundamental by Nawab: USD/JPY: USD retail sales failed to get the strong hold, whereas JPY Industrial production rose to 2.3%, JPY GDP price index rose to 0.8%. Market favours Strong Sell