Hey traders, On the NZDJPY I'm looking to enter long based on this potential bullish bat pattern that is taking shape on the 4H timeframe. This pattern will complete at point D. I'm aware of the fact that the NZD has been downtrending since like forever. Good luck traders! Updates will follow.
Hey traders, On the AUDNZD we can see a potential bullish cypher pattern taking shape on the hourly timeframe. The entry will be somewhere in the blue bar, between the 78.6% and 100% Fibonacci retracement of the XC move. Good luck traders! Updates will follow as time progresses.
Hey traders, On the USDCAD daily chart we can see that we have broken the blue structure bar earlier this week. I'm now looking for a retracement back to this area and enter from there. The target will be a completed AB=CD pattern, which lines up with previous structure on the daily timeframe. Entry: 1.35773 Stop: 1.34902 Target: 1.37880 = R:RR 2.42 Good luck...
With around an 80% chance of a hike(USD), we will short EURO at Fibo 61.8. On EURUSD we might short at Fibo 50, around 1.06600 zone. On EURGBP, pay attention at 0.86770 zone (Fibo 61.8), we might short too. Don't short immediately, wait EURO go up to the zones first. Good Luck!