Hello Traders, we have a good opportunity to enter shot on GJ, price has been hovering around trend resistance line and formed a nice BAR pattern. Entering short with stops above X, target is set at the major support line. OANDA:GBPJPY
USDJPY We have a harmonic pattern on Yen, good time to enter long.
EURUSD Hello traders! We have a nice double-top on four hour chart, Euro just broke through the first support line and now sitting on top of the other. Ones the horizontal line is broken the double top structure will be confirmed. I am expecting a rally and testing of the main uptrend support line. I have two targets set, the first one at 1.2220 and the second...
ETHUSD Hello traders, it has been a vigorous week on cryptocyrrencies market. After intense decline ethereum pulled back to previous resistance creating a small harmonic bat-pattern along the way. It is a good setup to enter short with targets set near new low. If this bat-pattern stays valid and realizes, there is a good chance that ETH might brake below...
BITSTAMP:ETHUSD Hello traders, looks like ETH has formed a Bat pattern it's a good time to enter short with stops above D.
OANDA:USDCHF Day closes with nice spice and CHF has formed a good starting point to enter long, last formation looks live a perfect ABCD pattern. I set three targets, first one is current trend resistance line and the ultimate target is last midterm High.
BITSTAMP:BTCUSD Hello traders, looks like we have a valid bat pattern on our hands that just exploded, the ultimate target is as low as $4k
OANDA:BCOUSD Hello traders, today is a good time to enter short on Brent Crude. H&S has been forming for the last couple of days. Today price spiked up but didn't manage to go above the neck like and retraced sharply, validating H&S pattern. I am expecting a swift move towards trend support line. Placing s\l above the right shoulder.
OANDA:EURJPY Hello traders we've seen a plethora of ABCD patterns across the board this week, some of them turned out to be valid and it seems like we have another one. My plan for the coming week is to enter short with s\l just above current high. I am expecting the movement to be towards previous major resistance which is now a support( around 134.50), things...
COINBASE:ETHUSD Ok, so ETH had a breakout at point X, the first thing what we can expect considering it's current price action is a formation of ABCD pattern with completion at around 985 area, followed by a correction towards support line. My strategy will be as follows, I'll wait until price tests supposed point D price level after that I'll will enter short...
AUDUSD Looks like an ABCD pattern, I will wait until price breaks below trend-line and enter short placing stops above LH. I set three targets corresponding to Fib retracement levels.
OANDA:GBPUSD Possibly a good bearish bat has formed on this pair, if this is the case we can expect a strong rally. I have place my stop loss well above X, as you should bare in mind previous mid-term high around 1.36 area. I set my targets at 1.3320 and 1.3099
BITFINEX:ETHUSD Looks like a good opportunity to enter short on Etherium, possibly a harmonic bearish gartley patter has formed. If the latter is the case we can expect a nice move towards 559 and consequently to 401 area. On the way down some sort of consolidation can be expected at the price level of point C ( 659 price level). I am entering short with stops...
EURNZD A clear bearish bat has formed on EURNZD pair. Entering short with stops above X. Target is around 1.6230 level. I am expecting a consolidation at the support live.
OANDA:USDJPY Today the pair broke through resistance and confirmed it. I am expecting the pair to move towards second resistance line that is around 112.40 level afterwards pushing towards Nov high at 114.60
BITSTAMP:BTCUSD ABCD pattern is just about to be completed at 10000 price level. There is a great chance that this will trigger a cascade sell off to 8K region.
OANDA:USDCAD CAD has been sawing down for several days, such behaviors usually indicative for weakening momentum. I am expecting a sharp upward move once resistance is broken towards 38.2% rentacement level. Stops below previous local low.
AUDUSD We have a clear ascending wedge , price has broken through the support and confirmed it in addition it failed to climb higher that previous high. Good time with moderate risk to open short with stops slightly above previous high.