Hey guys, yesterday we took profit of our last AUDCAD trade that brought in more than 150 pips (see attachment). Now i changed my mind about this pair being the recent movements price has made. As you can see on the left hand side of your screen on the daily timeframe price is testing a daily structure level that acted as support. Being the case, we expect to see...
Hey guys, i want to shar with you some analysis on USDJPY. Here we have a Gartley already completed and a AB=CD pattern right at the same level. Besides, we also are in an OVERSOLD condition and we can see some structure to the left. I've outlined a small box where i'm looking for long entries in form of double bottom or engulfing kickers. However, if you're a...
- Potential ABCD Pattern located with completion @ 2.272. - Fib Extension completion Lines up with ABCD completion. - RSI Currently oversold. There are some other patterns on lower time frames you can check to verify, this is my take. Happy Holidays!
"trade what you see..."
"trade what you see" #MinimalPullbackZone
Looking at USDCAD we see that the RSI is heavily oversold. I am long in the gartley pattern since 1.2837. For those traders how might have missed this pattern, you get a second chance with much better RR ratio. Remember you follow your plan! Best of luck, Felix. Website: www.ogtpartners.com Twitter: goo.gl Facebook: goo.gl
Previous Supply zone with a decent PRZ for a SELL. - RSI Oversold - AB=CD 161.8% completion within CD leg - Fresh Supply zone
As title describes