EURCAD 1 hour chart – Bearish BAT Pattern Entry @ the 224% Fib level @ 1.5670 Stop loss placement @ 1.5720 1st Target @ 1.5540 – Close half position size and move stops to entry 2nd Target @1.5400 – Close other portion or close all the positions
bearish Harmonic pattern bearish elloitt wave structure
Double three WXY corrective structure
GbpAud, now trading back to the neckline of the head and shoulders Rules is to put stop loss above right shoulder
Sentiment not changing. 80% buying this, I am removing my buy signal here
Still looks like a wave 4 in that triangle, with only a 3 wave pull back looking for selling opportunities
Looking for buying opportunities in the blue box
Possible selling opportunities in the blue box
Looks like bearish bat pattern , and 2 equal legs selling opportunity
2 Scenarios, triangle in wave 4 or flat correction in wave 4 Both showing more weakness to come
Wave 4, whilst invalidation levels hold we should see new highs
cant leave this one, clearly corrective phase. Looking for more downside