Hello Traders! I see a very nice selling opportunity on #AUDUSD. As we see on the chart we have a very strong key structure level @0.7161 which was broken recently and price has formed a flag pattern. Now what I am waiting for is the retest of this key level to sell, or breakout of the flag to sell. Besides dont miss the rounding top formation which is one more...
Previous week was really interesting and volatile, especially for EUR and USD. There were big moves at the end of week and trend reversals. As wee see FX:EURAUD is going to chance the trend. The price has broken the structure and made NSH, tested the support level and now I assume the pair will rally up around the 1.5177 levels. Lets see what the market does on...
Here is a very nice shorting opportunity. We have a double top with the confluence of structure resistance and divergence. In addition see linked chart below to see wider picture and more confluence; bearish bat pattern. Our stops should go above PRZ and targets will be the next support zone. -- Avto_T Financial Analyst www.rcpforex.com
Good day traders! Today I want to focus your attention on FX:USDCAD . Here we have a harmonic structure based short setup. Here is a bearish ABCD pattern which is goping to complete @1.3460 resist area with the confluence of structure resistance. The reversal might occur somewhere in this level, around the red zone. Our targets will be 1.3383 and 1.3281. -- Green...
As we see we have a very nice double top pattern. Price has tested the neckline and made little correction, what I am looking is the price to break this neckline which will be a nice opportunity for bears to go short. We may choose more conservative way to get involved in, when the price breaks the neckline wait for the retest and then sell. However there is a 3rd...
Good Morning Traders! Today we have a very nice opportunity to short GBP. As we see on the chart we have parallel trend-lines which work as a magnet. What I look is the price to break the support and fall down. There are 2 opportunities to go short: 1. if the price goes to Red Zone we go short- which is a very nice area to sell with the best R/R. 2. if price...
Good Monday traders! Today we should trade carefully, as there are many interesting news and market opened with big gaps. So on FX_IDC:NZDUSD we have a nice big triangle which give us an opportunity to sell and take some pips. As we see on the chart there is a 2 opportunity to get involved: 1 @triangle resistance level with the confluence of weekly PP and the...
Today while analyzing the market I have faced very interesting setup on FX:EURGBP . The price is moving in harmonically and testing diagonal support (dark red trendline), If you look at the blue trendlines both moves are almost same and they are parallel to each other; and all together this is 3-drives pattern. We have a very nice confluence of fib ratios on key...
Good morning traders. Today on my radar is FX:EURGBP . We have a nice sell setup with several key confluences. As we see there is a raising wedge with the confluence of PP as resistance and 200ma as support. Currently price is in a consolidation phase and we should be looking either rally up or breakout downside. I think the price will break the support and fall...
Here is a very nice bearish gartley on FX:USDCAD which is going to complete @1.3340. Very good shorting opportunity with targets @1.3190 and 1.3050. As we see we have round numbers which are more likely to be reached. Our stops should go above the PRZ. @61.8 fibs we have a very nice structure . Avto_T Green Luck ----------------------------------------- www.facebook.com
Hello Traders. How you feelin' today? Here is a big bullish gartley which is almost finished and ready to reverse. Our profit targets are located on very nice structure levels and our stops should go below the X leg. Look left and confirm the 1.5168 entry level, which is a very nice support zone. But, here is an issue: today is big NFP which might invalidate this...
On FX:EURGBP we have a nice potential structure based bearish ABCD pattern. PRZ could be between fibs 1.272 and 1.414 with the confluence of structure resist level; look left for more confluence. R/R is very nice as our stops go above red zone and targets will be fibs 38.2 and 61.8.. Avto_T Green Luck ----------------------------------------------------- ...
Hello Traders! We have a very nice bullish bat pattern completion @0.6650. Our Targets are on very good levels, if we look left we see the structure for more confluence. Stops will go below the red zone. R/R is very good. Keep and eye on FX:NZDUSD Avto_T Green Luck ------------------------------------------------------ Website Pre Launch Survey Facebook...
Sunday morning traders! We have a very nice long setup for the next week on FX:AUDUSD . Following the big gartley we have a potential channel with potential ABCD pattern confluence. Our PRZ is somewhere between 0.7197 and 0.7165. Stops go below the red zone and our targets will be abover 38.2 fibs of AD. Avto_T Green...
Hello Trader. We have a nice gartley on FX:GBPAUD completion @2.1280 with the confluence of fibs 88.6 of XA. Our stops go above the red zone-X leg and daily R2-and our targets will be fibs 38.2 and 61.8 levels. It is a very nice setup to get involved; if we look left you see the bat pattern following the current little gartley. Avto_T Green...
We have a very nice potential bullish bat pattern on FX:GBPJPY . Our stops should go below the red zone and targets will be fibs 38.2 and 61.8. Fibs 38.2 is very nice level due to structure (look left). Besides keep an eye on todays news. Avto_T Green Luck -------------------------- Pre Launch Survey Facebook Page Facebook Group Twitter
Good morning traders. Today on FX:AUDJPY we have a potential bearish bat pattern on daily chart, which should complete @91.32 level. Stops should go above the red zone and our targets will be fibs 38.2 and 61.8. Watch the structure level 89.4, it is really nice resistance which could be hold. Avto_T Green...
We have a very nice shorting opportunity on FX:EURJPY . There is a bearish bat pattern and a very nice structure resist @137.00 level. Look left for more confluence. Our targets are located on key structure levels as well and stops should go above the red zone. This is a very nice setup to sell. Avto_T Green Luck ---------------------------------- ATTENTION :...