The euro fell, with fears of a strong outbreak of the Corona virus again within the union.
Technically, the EURJPY is approaching good potential selling areas, supported by the approaching completion of the bat harmonic pattern in an extended area from 129.10 to 128.60 as a stop loss with a target of up to 132.40, with the first target being 130.70
Eicher motors downtrend is almost over as shown by the RSI comming to a suppot level, MACD recovering and eicher motors is at support itself which was a previous resistances.
I believe this will be an upside trending move after crossing 2505 levels .
Buy above 2505 for the targets mentioned in the chart above. NSE:EICHERMOT
If you like the idea please...
APPL has formed a bearish XABCD Pattern and looking for a minimum retracement level to 0.382 (107.38). If that level does not hold, we can expect a retracement to the regions of levels 0.5 (95.97) - 0.618 (85.86).
Good Day Everyone
Here's a look at the GBPUSD pair in the coming week from multiple time frames
* On the monthly time frame the pair has been trading in an XABCD butterfly pattern that has held up pretty well in the last weeks we saw a big drop in the pound from everything happening fundamentally and a Fibonacci retracement to this drop in the price...
I uploaded the idea earlier with the GBPJPY chart, so here is the correct one.
Yesterday our Gartley pattern didi it more than great on GBPJPY . See related idea.
We have a similar trading setup today on EURUSD . Althouth we have to be carrefoul!
If the pattern complete its formation that means that the price has broke above 1.095 which is our...
EOS/USD Potential Bearish Gartley Pattern on Log Scale .
Log Chart / Fib levels based on Log Scale.
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I smell bears. It looks like our major Pivot line has been violated at 0.63459. This means we could be headed to the next key support area at 0.62405 or even 0.62046. Unless the breakout was a fakeout. What do you guys think?
This is Bearish Gartley pattern. Point D should be at 3002-05. S&P500 should see sellers at 3002-05. SL should be placed above 3026. Target for sells should be around 2780. This should be short term downtrend. If you enter now you will have 4 RRR. Good luck.
here is a trade taken earlier, D point has formed along with a suitable reversal at the level. Two green lines are where it is predicted to get too. i have placed a 1:1 risk:reward however it is before the first take profit, hence if it starts to go that way the probability is higher that it will meet that target. black line is entry point.
Not to much information on this publish due to time, however trade taken a D point has formed along with a suitable reversal at the level. Two green lines are where it is predicted to get too. i have placed a 1:1 risk:reward however it is before the first take profit, hence if it starts to go that way the probability is higher that it will meet that target.
On the 12-hour scale, the market has been oversold for several days already; the Stoch RSI can bounce and move up. The formation of the XABCD pattern is also seen, which may lead the price to the area 3466 corresponding to the level of Fib 0.786, which, as a rule, is often reversal and then we should expect a...
Hi guys, this is my first published idea, so please be nice :)
I think there is a nice XABCD pattern on the ONTETH chart, I am following it for 1 - 2 days and it seems to go right and I wanted to share it with you. I don't know myself very good with writing chart on Trading View, so I hope I've made a good draw and you can see it too.
This could be a nice reversal...