FX:AUDCAD Safe Trades; open.spotify.com
Price will pressure channel resistance and bear divergence suggest that the price is about to fall and retest daily support at 1.2720 I’m just waiting for reversal bar pattern inside PRZ to consider a short position. On H1 chart, it looks like the price will retest near resistance at 1.3059 before downtrend starts (bull divergence is present).
PROJECTION - BECOMES SHORTER FROM THE PREVIOUS MOMENTUM - ALMOST THE SAME FROM THE PREVIOUS DEPTH - WAITING... EXPECTATION - LH
It's looks like the OIL is about to drop again. Waiting for: a) Bearish divergence, and b) Reversal bar pattern inside PRZ This will strongly affect AUD and CAD
FX:USDOLLAR CYPHER: Point B: 38.2% to 61.8% XA Point C: 127% to 141% ext XA Point D: 78.6% XC Target: TP1 38.2% CD TP2 61.8% CD BUTTERFLY Point B: 78.6% XA Point C: 38.2% AB 88.6% AB Point D 161% ext BC 261% ext BC Targets: TP1 61.8% CD TP2 127% CD Safe Trades;
Price is breaking channel support, but a bullish divergence is present and if it remains, a bearish Shark pattern can be projected. Wait for reversal bar pattern inside PRZ box (use H1 chart if necessary) Others points that supports the reason to consider a long position: - Bullish divergence is present on D1 chart - A bearish Shark pattern on USD index and...
Bearish Gartley pattern projection emerges and bull divergence is present. There is a possibility that the price retest support at 112.30 before rising. Watching H1 chart for an entry setup…
Following analysis form W1 and D1, on H4 chart the price is pressuring the resistance channel and a bearish divergence is present. A bullish Shark pattern projection emerges and could be a good opportunity to go short pointing channel support. On H1 chart, a bear divergence is present and you can project a bullish Shark pattern too...
Contracting triangle broken and now the price is following pattern projection (green) on D1 chart (see link below) On H4 chart, a new channel has formed and a bullish 3D pattern emerges. Bear divergence is present, so it coul be a good idea to trade: 1) Short, targeting 61.8 - 78.6 fibo retracements and after that, 2) Long, targeting 127.2 - 161.8 fibo...
- Bearish divergence is present. - The price is under pressure (see indicator) and testing near resistance at 1.4471 and pointing to Weekly resistance at 1.4632, so be careful if you want to trade short position for this projected pattern. - Recomendation: Always wait for a reversal bar pattern inside PRZ box
It’s have been a good rally for this pair and now it wants to get higher but looks that there is not enough fuel, even though there is a bull divergence and a reversal pattern present, the resistance at 129.81 could be strong. Bear divergence suggest that the price will back a little bit down and probably to form a bullish pattern in days ahead. For now, there...
A potential 5-0 trade is setting up on NZDJPY . All requirements will be satisfied if price reaches .5BC from its 2AB projection. A potential target area is the confluence between BC=CD and the 1.618BC projection.
EURAUD has completed a bearish bat pattern in a PRZ that aligns with resistance provided by 2 significant trendlines. Missed pivots sit below price to add to the bearish bias. SL is placed above trendlines with target at .618CD. Confluence in the PRZ: 1. Bearish bat pattern completion 2. Significant trendline resistance 3. 2BC projection 4. 2.618AB=CD 5....
USDCHF has completed a bearish shark at confluent reversal zone. Unhit weekly and daily pivots add pressure to the downside. The new unhit daily pivot aligns with .382cd and makes for a nice target level. SL above S/R provides a substantial R/R. A more aggressive T2 may be placed at .618CD. Confluence in the PRZ: 1. Bearish Shark Completion 2. 1.618bc 3....
GE has completed a bearish crab pattern in the optimal sell zone for a short Wolfe Wave trade. There is significant bearish divergence in addition to an overbought RSI which add to the bias toward the short side. Two missed weekly pivots sit below price as well, which may help drag the price down. Stop loss can be placed above a significant S/R level while...
Wave 4 has met a high probability reversal level at the confluence between a .382 retrace of wave 3 and the price zone of the previous degree fourth wave. Wave 1 time to completion provides a forecast for wave 5 completion time. Price range of wave 1 as an extension from current levels coincides with 1.272 extension of wave 3 and provides a target for fifth wave...
Throughout this entire year, USDCAD has been rallying which can confirmed on the larger timeframes such as monthly, weekly and daily. I'm basing this trade based off of that momentum and on a simple trend-contination setup. As you can see, price has been consolidating this past week and along with all the momentum n volume today coming because of greece, Im...
Today the pair created a large bearish pin rejecting a key level of resistance. There is some "air" below which allows price to correct after the recent bullish momentum. Looking to short at the break of the pin and target target the 1.01 area.