Hey all, Heres a Bat pattern that I forgot to publish but was a trade taken. It's a small Bearish bat pattern on USDJPY. We managed to roll over very pain free to target 1 however then moved back up to break even stopping us out. For those who don't know, I like to trade 2 positions per trade with 2 targets. Once target 1 is hit, I then move the stop loss on...
This was the former post. Read it and learn how this did unfold. And now I will wait for a retetst of the centerline. In my brain there is the Weekly chart...it's L-MLH is breached! This means, that price will test/retest it on the weekly bevor falling off the cliff if it really does. If this is the case, then the gas station has to pay us... Here's the...
As you guys can see monthly S/R has been broken and also retested there is a good move I am expecting this week for the upside. Enjoy. #TRADEATYOUROWNRISK #HAPPYTRADING
A recent descent of volume in falling price plus the bullish hammer indicates an uprise movement.
After holding at the centerline, price did what it has to, go up to the U-MLH: Where to go from here? Dunno...could be that price shoots up further to the WL1, or go south again to the centerline as a logical target for the shorties. Until price will scream at me, I'l sit on my hands and watch the birds... P!
If the trend line breaks, target fib 1,272
There is divergence on MACD and we have a pattern setup. Look for a sell at the top and see if we get a break at the bottom. Good luck to all
Target so far but not impossible :)
confluence setup ---- Abcd pattern Bearish Engulfing 61.8 retracement Target projection 161.8 extension level www.goldsnipersacademy.com FX:EURUSD
Gold on the 4H looks to be in a period of consolidation. Ichimoku still indicating a bullish trend. I remain long.
$GBPUSD Cable slowly grinding up from what I believe to be the bottom (two bullish candles). Only time will tell... Used ichimoku kinko hyo as a technical indicator, on the 4h chart. Please see the chart attached to this post. Any comments, suggestions, opinions etc. are welcome. I remain LONG. GLTA!
Long, but not so much. Combining the cup and handle pattern with Elliot's impure waves, this could be a possible target by forming Elliot's third wave in those values. At today's exchange rate: 1 CNY = 0.143971 USD Price target CNY 9.553,44.- USD 1.375,35.- Thanks for your time, follow and likes!
Gold may have bottomed, this is a plan for the beginning of 2017.