On FX:USDJPY, there is a great opportunity for short. There is a structure high at 121.257; There is no clear bias who is in control of trend; bear or bulls?! This scenario could be a good opportunity to take some profit, as Cypher pattern appears which increase the probability of this set-up and gives us clear guidance for entry, SL, and TP levels.
T1 - 38.2%
On FX:USDCAD, the price is in consolidation zone last few weeks. This gives us an opportunity for a nice set-up. Potential Gartley pattern appears in this sideways markets, which guides to manage this trade's SL, TP, and Entry point.
Price respects the support level at 1.3179 and it is more likely that the price would not break that level. Thus, it is wise to...
On FX:EURCHF, there is a key level at 1.0896. First, that level acted as resistance, and then became support. Also, there was a false breakout, but this level maintained its significance and stayed as support.
There is a potential Bat pattern, which is a good opportunity set-up to go long. As you see, Bat pattern entry point exactly 'kisses' the support level.
On FX:USDCAD, there is a great opportunity for harmonic traders. Risk reward is great, structure great.
Price found a support level at 1.3227, and it is more likely that it will act as support again and bounce the price. There is a potential Bat pattern, which adds probability of this set up. Harmonic pattern gives us set-up to manage SL, TP, and Entry.
On FX:USDJPY Price is in consolidation zone and moves sideways last few days. There is no clear bias, who is in control of trend.
There is significant level at 118.83; and it acts as support. Also, there is a potential Bat pattern, which will increase probability of this trade. Bat pattern gives us Entry, TP, and SL levels.
T1 - 38.2%
T2 - 61.8...
On FX:USDCHF, the price moves sideways; there is no clear bias, Who is in control Bears or Bulls?! However, it is possible to profit out of it.
There is a structure level at 0.97804, which acts as resistance lately. Also, potential bat pattern appears, which increase probability of this set-up. Thus;
PS: There is a strong bullish bar; In my...
On FX:GBPJPY, there is a clear uptrend. Price makes higher high and higher low. Uptrend also well-confirmed by 2 Trendlines, which consider as a Channel in this set-up. Those trendlines are dynamic support and resistance.
Price smoothly respecting trendlines, and it is more likely that it will do it again. It gives us a nice opportunity to go long.
On FX:EURGBP, we have a nice structure, there is a strong strendline. It is clear that, price respected that trendline many times, which is more likely that it will do again. Moreover, we can say that price is in downtrend, as mostly price makes Higher High and Higher Low.
Also, there is a completed gartley pattern, which increase the probability of this set-up....
On FX:AUDUSD, we can see nice upward move; it seems now price making its correction and it will continue going up.
Potential Bat pattern appears where D leg finishes close to structure, where X leg starts. This gives us good risk/reward.
On FX:EURGBP, we have clear downtrend; price makes Higher High and Higher Low on 1H chart bar; it supported by Trendline.
Also, potential Bat pattern appears, which increase the probability rate of this set-up. If price finishes the Bat pattern, it could be a good opportunity to go short at Trendline, at 0.73178
T1 - 38.2%
Great Opportunity on EUR/GBP. Very high probability trade.
Price is in consolidation zone zone, where there is a support at 0.7262.
Bat pattern appears, with an amazing risk/reward.
T1 - 38.2%
T2 - 61. 8%
Note: Avoid trades on high impact news. NFP coming today.