Hello Trading View, Here on the EurGBP Weekly TF we have a unique Bearish Bat that has completed. Price action has shown all necessary reversals at the required ratios, and price in the PRZ has shown signs of confirmation of trend change. Heres why this pattern is unique. VOLUME. The volume at point D was EXTREMELEY HIGH!!!!!! See Green arrow indicating said...
Hello Trading View, Here on GBPUSD we see bearish momentum, which stalled and bounced off an important key level off the Monthly TF. The rejection of the key monthly support tell me that a trend change is in order. We have the completion of the Bullish Bat 5-Point pattern, the terminal price bar has tested the majority of the PRZ and sharply pulled away, which is...
Hello Trading View, Here on the EuroYen, we are seeing a reversal of a bearish trend . Price has made higher highs, and higher lows, confirming my directional bias. Topside projection of the ABCD pattern is the 2.618 expansion of the BC leg, due to the B retracement of 0.382 of the impulse leg. Typically you are supposed to trade this from the topside...
Good Sunday Traders! I see a very nice opportunity to get involved in FX:GBPUSD long. So, what we have here is very nice channel and a bullish bat pattern.I am looking for the price to come around 1.4150 and then rally up. The stops should go below the PRZ and our target will be somewhere between the channel support level and fibs 0.382. -- Avto_T Financial...
Hello traders! We have a very nice buy setup on FX:GBPUSD today. There is a big triangle and inside the triangle bearish gartley. The entry level is @1.4403 which is the support level of triangle. Our stops go below the support 1.4382; look left for the structure. Our targets are fibs 38.2 and 61.8 zone. Good luck -- Avto_T Financial...
Looking for potential SHS here, SL and TP as on chart. Lets see if it work out.
I'm not an expert, but this is the first time since 2013, that the XAU/SPX ratio exceeds the 200 day moving average line.
Hello everyone! We have nice opportunity to g long on FX:GBPUSD . We have a gartley pattrn with the confluence of several fibs ratios and structure support at X leg. Stops go below the PRZ and our targets are 38.2 and 61.8.. -- Avto_T Financial Analyst www.rcpforex.com
Very Bearish outlook for KIWI Dollar but also presents a huge opportunity to capitalize on a very weak and bearish market - Strong Ratio Confluence at the initial target zone. - Trend Line Support/Resistance at area of confluence. - Potential Advanced Cypher Pattern with a completion at the 78.6%
Hello traders! As I mentioned in a few words about this big gartley yesterday on FX:AUDUSD in my idea, today it is going to be completed and get ready to go short. Our targets are located on very nice key levels and stops should go above the X leg 0.7077. -- Avto_T Financial Analyst www.rcpforex.com
Hey, treders recent series of HH and HL was broken. Now we have a new sereis of LL and LH installed. I took this cypher pattern in anticipation of this new downtrend to continue. Have a Nice day
Hi all, please see details on chart. Regards Laurence
Happy New Year All, Cypher setup coming up here on GBPAUD, see chart for position details. Good trading in 2016 and beyond! Luke
Possible BAT pattern in play here. We can anticipate that the pattern will complete given the conditions. Lovely price to sell!! Waiting for candle stick signals, or divergences on lower times
Higher Gold and Silver ratios usually mean lower precious metals prices. By the looks of this chart, it seems likely that Gold and Silver mights still have one or two legs lower before this Bearish Broadening Formation plays out with a higher high as it test the top of channel at around 88 On a better note, looks like Gold and Silver are due for a huge move to the...
On FX:AUDUSD , the bulls are in control of the price and getting close to the previous structure high. When bears are going to step in? it is more likely soon, as big orders are mostly placed at structure levels. In addition, there is harmonic moves, where the valid gartley pattern appears, which increase the probability. This pattern gives a clear guidance,...