we have run into a fibonacci confluene ratio for ucad where the downtrend has forced upon 3 retest of its breakout. we are in that 3rd retest and can look for this market to finally reverse. market has been showing divergence on the retests ever since the breakout. we are getting a very good reversal setup on lower tf. going long somewhere between current price...
gj gapped beautifully for a butterly. been waiting for an oportunity to long. now we have reason to enter, and even more since markets must close the gap
we all know the downtrend for gj has been extremely strong so this pullback is destined to end very soon. could possibly be the end of it at the completion of this bat. market already shows heavy divergence and low volume for this correction compared to the volume with the trend and the completion point markes a perfect supply zone. deffinetly gives us a good...
i personally do not trade this pair but this is too good of a setup. we have some key support at current market price and a nice inverted 1.618 to go with it. also a nice demand zone and i was able to find a gartley pattern that is still valid as 1.27 of the gartley completion was never hit. this gives us a trade with more than ideal r/r. deffinetly a reason for...
gj has broke the trendline for more upside. we can choose to long or wait for the harmonic pattern completion. cypher entry- 155.380 sl- 155.800 tp1- 154.815 tp2- 154.465
gbpnzd has been ending its downtrend on dailies to go back into its bullish weekly charts trend. good trade to go with the trend and we can possibly have a spike up coming any time soon so i will place a 3rd order just to see if i can hold for the spike and if not then it ends a break even once the 38.2 target gets hit. i do believe we are at the final hours...
usdcad is about to finish up a cypher pattern
gold has been a bit shifty with this bullish momentum. didnt expect for it to go this high but we are almost at completion point for an ab=cd. i am expecting a big drop. watch price action in this zone
ukoil has an ab=cd pattern completion at fridays close we have come up into structure. lets see if prices hold. these are the 2 setups
bat pattern on crude coming right into structure. nice chance to short
we recently have made a breakout of the very strong downtrend leg that we got with gj. we are currently getting some bullish consolidation momentum started up for gbpjpy giving us the perfect oportunity to use harmonic patterns to our advantage! for those who missed the initial impulse and are looking to see where they could get the best entry to long this pair...
didnt think we would get to my entry price but seems we are hovering above. entry-107.845 sl- 107554 tp1- 108.322 tp2- 108.617 we can hold another buy as well to see how far bull momentum pushes prices. this can very well be a double bottom before the move up
cadpy is about to hit bat PRZ for a retouch into broken structure!
we see here how gold has hit the butterfly pattern PRZ and reacted nicely. we have a cypher coming up entry- 1082.25 sl- 108.17 tp1- 1085.18 tp2- 1086.99 another setup i put along was a shorting opportunity into the cypher PRZ. we broke out of the bullish channel formed and had a strong bearish engulfing retest, so price action is deffinetly giving us the OK...
nice little bullish bat coming up on eurcad for a little scalp.
market has been having a hard time jumping off of this demand zone...
we have some patterns that market has already reacted to but its not too late to get in. for questions of r/r i will hold for now but 1240.65 is the lowest price in which i am willing to enter a sell order for gold. will do a downtrend continuation order as well which can be agressively trailed. i have been waiting for gold reversal for the bear trend to continue