USDJPY 1H, Pair is showing Bearish Shark Formation. Double top formation at 1.618 at completion of the pattern. Pair shows BB divergence at Double Top. RSI is showing divergence. Looking for min of 38.2% as T1 and 50% as T2 for now.
#Copper #globalcopperminers #copx seems to have more downside. After completing bearish Crab pattern with three desired targets archieved now instrument still seems to have some downside momemtum with a trend line broken and retracement going below 61.8%. Looking for a completion of bullish Bat pattern after breaking 75MA. BB walk started so later looking...
NZDCHF-4H- Looking at AltBat Pattern Looing for atleast min target of 38.2% Pair forming a falling wedge and completed AltBat Pattern at 113%, holding the lows. If AltBat pattern fails then I'll be looking for Crab pattern completion further. RSI14 took support on level 40 now facing a resistance around 50.
AUDEUR : Bullish Shark Formation, Double bottom On 4h/6h timeframe, Pair shows formation and completion of shark pattern at 224 extension. Min retracement of 38.2 is expected and eventually 50% and 61.8% Double bottom is spotted, so it may carry equal measure move which coincides with 50% retracement, which creates a good confluence.
$EURNZD Daily - Formation Bearish Shark Pattern Shark pattern is completed at 1.618. Looking for a retracement of min 38.2% and eventually it may go to 50% and 61.8%.
NIITTECH shows completion of bearish crab pattern at 1.618. Minimum retracement of 38.2% is expected, second target could be at 61.8%. With bearish divergence on RSi and Macd
BANKNIFTY price action shows AltBat pattern completion at 113% extension. Looking for a minimum of 38.2% retracement. If price falls further from 38.2%, next targets to consider are 50% & 61.8%. 61.8% retracement target comes at a previous support level.
SGDUSD pair has completed the Crab pattern at 1.618 extension. On 4h timeframe, pair shows bearish divergence on RSi and Macd. It could retrace to three targets of 38.2%, 50% & 61.8% But for now, looking for minimum retracement 38.2%.
Sunpharma - Formation of 5-0 Pattern Looking for minimum targets of 38.2& & 50 % Bullish divergence not seen yet, so looking for retest of the lows. RSI is in oversold territory.
BTCUSD - Earlier Alt Bat pattern is successfully completed. Now completed Cypher Pattern formation. Macd and RSI are showing some bullish divergence. Looking for first 38.2% retracemnt.
BTCUSD - Small Short Opportunity - AltBatPattern Complete Alt bat pattern is completed at 113 extension. RSI and Macd showing bearish divergence , looking for a minimum of 38.2% retracement .
USDTRY - Shark Pattern Completion above 1.618 Price can retrace 50%. If it fails to retrace fro,m current position, it may go up and then retrace back 50% of full leg. On smaller time scale we can see the small crab pattern completion too.
JETAIRWAYS - 2H - Formation of BAT Pattern Currently price is testing 200MA as a resistance. Price can move up to test 100MA after gaining the support of 200MA if it breaks 200MA on upside. Stock shows formation and completion of BAT pattern. Minimum expected retracement if 38.2% It is also showing bullish divergence on RSI and Macd for now.
I dont usually trade stocks but I saw this setup on the chart Shark pattern formation and price is now resting a little above 1.618 which makes shark pattern D leg complete. Minimum retracement expected is 38.2% and 50% but I have provided 4 different targets. It is overbought on lower timeframe and has small bearish divergence. Shark pattern usually consists...
DAX - 1D - 5-0 and Crab pattern completion at 1.618 extension Looking for quick bounce from this level for minimum retracement to 38.2% or next resistance level. 5-0 is generally results in continuation after the retracement.
On EURAUD pair, Alt Bat pattern is complete on daily timeframe. Minimum expected reatrcement of 38.2% while secondary target can be at next support/resistance or 61.8% fib level.
On EURAUD pair, Alt Bat Pattern is complete. A minimum retracement of 28.2% is expected
ETHUSD - 2h - Double bottom and broken neck is seen with a retracement to 618. Equal measure move can be expected.