DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
BANK OF AMERICA CORPORATION COMMON STOCK, GROWLIFE INC., CRONOS GROUP INC. COMMON SHARE, SPDR S&P 500, HELIOS AND MATHESON ANALYTICS INC - COMMON STOCK, GENERAL ELECTRIC COMPANY COMMON STOCK
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Butterfly Bear with Buy and Sell opportunities.
The CHFJPY is in the middle of its corrective phase which started when price action touched the lower end of its horizontal resistance area. After that this currency pair has accelerated to the downside. I expect a continuation of the down-trend until price action can challenge its horizontal support area. Any level above 114.000 represents a good entry ...
We have two harmonic patterns seating at a descent double-top level on FX:EURCHF 0.22% .
As usual, I first Sell it at "C" and Buy it at "D".
Happy Trading :)
Currently seating at an important resistance zone, CADJPY offers a potential sell opportunity and later a potential buy.
Say welcome to 2018 :)
Two butterfly patterns on GBPNZD - make your choice which way you wanna trade. Remember, my patterns often deliver well on C entries. Its also important to take note of the support and resistance levels because price action tends to react to them more often than not.
Two harmonic patterns formed on EURCHF presenting two potential opportunities to sell and buy. The year has just started markets can do whatever they want but am just gonna stick with my patterns :). This year i just need modest 65% win rate and i will buy my condo in Singapore :)
Happy New Year to ya'll!
EURJPY has been ranging for the about three and a half months failing to break and close above 134.400. It's again retesting the weekly and monthly resistance levels, which am monitoring closely to see what happens by end of this week. Should price action break and close above 134.400, I will liquidate my positions and wait for a new opportunity to go long, ...
USDJPY presents multiple harmonics for both short and long-term trades. Technicals reveal clear support and resistance levels which are my preferred entry points. My previous setup delivered on both TP1 and TP2 as seen here: https://www.tradingview.com/chart/USDJPY/45Bjk4Mc-GARTLEY-BEAR-H1-SHORT/
Fundamentals to look out for are as follows:
USD: US Empire ...
FX:EURAUD has also produced two butterflies with short and long opportunities. Do your own due diligence taking into account the many upcoming news events on the Euro :)
A potential double reward on this Hartley.
FX:AUDNZD is currently in a downtrend, which offers additional confidence on both C and D entries. C is already running and hopefully D will also trigger soon and give us a nice over 100pips to recoup our recent losses :).
Here is how the weekly looks like:
A butterfly on the daily chart :) its one of a kind on FX:GBPUSD
Am 50/50 on this pair because I get better results using Trend Analysis to trade it, but the gartley fits in the trend so, why not? :)
Am back from my vaccation and this is what the market has thrown at me today - A pretty Max Butterfly :)
Which one will it be? we are currently in a bear market on EURGBP but we are presented with two harmonic patterns! which one will it be? Long or short or both? .... its an H1 chart so it wont be long before we find out this coming week.
This gartley bear has surfaced amidst a bearish trend on USDCHF, there might be a buy opportunity but overall, we have a potential sell at D which is a retest of previous turncoat support.
I gat nothing on fundamentals for this pair, so am just gonna follow the harmonic patterns and follow news events.
Here is how the pervious analysis worked out:
Two harmonics with two opportunities. Happy New Year!
Fundamentals to watch:
-Australian Consumer Inflation Expectations
-Australian Employment Report
-Chinese Industrial Production
-Chinese Retail Sales
-Chinese Fixed Assets ex Rural
-Swiss Producer Import Prices
-Swiss National Bank Sight Deposit Interest Rate
Am looking at an entry at the daily resistance level on this gartley.