for eurcad we have here 2 harmonic patterns with the same completion point. a cypher(blue) and a bat(red) so more than our basic 38.2 and 61.8 i will take this opportunity to long for one more push up into daily charts 38.2 which was the target for a pattern i had published not to long ago.
cadpy is about to hit bat PRZ for a retouch into broken structure!
this is a bat i saw completed not too long ago. which more than your average 38.2 and 61.8 targets, i am shooting for a move up into the ab=cd that i published a few days ago.a rejection candle was printed at the completion point and we have some spinning tops, so market has found some supprt entry- 1.41500 area sl- 1.40300 tp1- 1.42500 tp2-143305 tp3-1.44260 tp4- 1.46720
on my last post for cadjpy i talked about the drop that was coming and i drew this purple zone as my demand zone where markets would bounce from. markets deffinetly reacted to it and formaed a libra. targets can be very high. check my last few post on cadjpy to see where my projection is.
uk oil found support on the retest
we have a bat pattern completion at a 1.27 fib extension and 1.618 fib inversion which shows high probability that this will serve as a strong PRZ for the dollar index. more downside to go for the dollar before the Prz is met. lets see how markets react tomorrow
i have drawn out a bat pattern awaiting completion for gold. this pattern has a completion at exact 38.2 retracement of daily charts on gold. now we all know 38.2 retracements are the magic number for trend continuation reversals and gold is obviously going to have a bullish year. this could be a great entry for the bullish year. trendline retest comes around...
eurjpy has found a 127 minor resistance but we have a lot of fib confluence coming up in the small red supply zone pointing at a much stronger PRZ for this pair
bat pattern was spotted on gbpcad. it deffinetley goes with my previous analysis made for a pullback that is waiting to happen, bat pattern completes at 1.84695 but for better entries you can scale in more lots at my fibonacci killzone. never fails me ;) 1.83586 sl- 1.77962 tp1- 1.94252 tp2- 2.00157
AB=CD pattern has just completed on oil at a 61.8 retracement. watch price action closely for a reversal
a turning point at this ab=cd pattern completion can define where our next PRZ is located. entry- 1.84785 tp1- 1.87110 tp2- 1.88550 sl- 1.83354
nfp dive down completed a bat pattern on gj. can be the pullback
this looks too easy!! hahaa usdcad has made a 61.8 retracement and put in a double top at this suppy zone. this is a retap into daily support so targets for this are way low. shooting for a 1.618 exppansion. gives a good target into a 50% of the ab=cd pattern that i had posted months back(daily or weekly tf) that hit its 38.2 target and that was the resistance for...
coming right into previous structure that serves us as a nice supply zone, we have the completion of a small ab=cd pattern for a nice scalp of 50-80 pips entry- 113.745 sl- 113.980 tp1- 113.220 tp2- 112.895
tonight will be the retracement of gbpjpy...finally. double top...
eur going to do a double top stop hunt before sell off tonight! plan your trade and trade your plan!! ignore supply and demand zone hahaa..