DAILY PICTURE : Yesterday's closing below the Tenkan-Sen,(currently @ 64'560) and which should be seen as the first important level to look at very carefully. Indeed, a failure, to close, later on today above this point would put the focus on the next significant support level, @ 62'700, already mentioned in my previous analysis (see related idea below) and...
The week start of crypto market wasn't good for Cardano ADA, the wave of massive selling. The brief period of recovery of the digital assets is interrupted with prolong period of downtrend with the tenth most valuable virtual asset trading in red. In the bearish period, Cardano has spiked nearly 7% in the last seven days, however, the token has dropped almost...
Hello Traders! Today we have a bullish bat pattern on FX:AUDUSD . As we see on the chart there is a very nice reversal zone with the confluence of support 0.6919 and weekly S1. Our stops must go below this zone and our targets will be 38.2 and 61.8 fib levels. -- Avto_T Financial Analyst www.rcpforex.com
Hello traders! We have a very good shorting opportunity on #GBPAUD. As we see the market is in a bearish trend and it is a good moment to go short at the structure level around @2.0953. There is a confluence of fibs and bearish divergence. I see this level is very strong and it will be hard to break up. If the momentum will slow down, and I think it does, we...
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...
Good morning everyone. Today we have a sell setup on FX:NZDUSD . As we see there is a very nice triangle with key support and resist levels and the bearish gartley pattern which completes at the triangle structure zone @0.6487. It is a very nice short setup as the trend is bearish these days. Our R/R is very good with 2 targets as shown on the chart. Stops should...
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...
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 :...
We have another harmonic moves on FX:EURNZD . This is ABCD pattern, which is almost completed and it is a good time to go long. We have a very nice structure at this level, look left and confirm. Our targets will be 1.7370-1.7570 levels. But watch 1.7292 level, it might be a hard shell to breakout. Avto_T Green Luck ----------------------------------- ATTENTION...