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...
Hello Trading View, Here I have a potential Gartley forming. This is a special pattern, we have a 0.618 retracement point B AND C. This mean we have the potential for a perfect Gartley pattern. Confluence with the perfect AB=CD is forming and completing as we speak. This pattern specifically provides a solid solid solid basis for entry. Be sure to monitor price...
Hello Trading View! I have another Harmonic 5 Point Price Pattern here for you guys. Bullish Bat. Targets are 0.382 / 0.618 of CD Confluence with the extended ABCD pattern, 1.618 expansion to be specific. These patterns always offer an excellent RR. Trade Safe, trade smart. -K
AB=CD harmonic movement with ratio confluence. Potential reversal zone boxed in rectangle.
USDJPY, like all JPY crosses have been declining in heavy trend. I'm looking to Short USDJPY on the 1hr using a variety of entry techniques that are all lining up in one area. 1. Trend Continuation Trade - I like to sell these pullbacks somewhere between the 61.8% & 78.6% Fib retracements. I like to see some sort of Reversal Pattern or Candle in that area before...
Bat pattern Setup!! Hello guys Errol here, We are looking at a possible bearish bat pattern here. We might also see a 3 Drives pattern if we get a completion at the top of the third leg which also lines up with previous structure. We aslo have some Ratio congfluence at the D leg completion where we are looking to get short. Very nice risk to reward situation...
Idea is based upon elliott wave theory and a personal strategy utilizing stochastics for wave confirmation. More info on the chart. Good luck.
Idea is based upon Elliott wave theory, supported by median line analysis. Fib extension ratio confluence is used for price projection (target placement). more info on the chart. Good luck
Idea is based upon Elliott wave theory supported by Median line analysis. Fibonacci extension ratio confluence is used for reversal price projection. RSI and Stochastics are utilized for wave recognition. Chart contains typo: "2 consecutive weeks" should be 4 consecutive weeks!. More info on the chart. Good luck
Idea is based on Elliott wave theory, fibonnacci extension ratio confluence is used for reversal price projection. More info on the chart. Good luck
Idea is based on Elliot wave theory combined with RSI and Stochs for wave confirmation. More information on the chart. Good luck