The USDCAD touched resistance at 1.1098 and then fell down and it looks like about to perform bearish bat or bearish alt bat, and also match with fibonacci 61.8. from previous support. Possible to buy on PRZ around those levels on that chart, but keep our eyes on price action whether this pattern valid or not. Let the market decide and put ur solid stop...
CADCHF going toward fibonacci 88.6 , at that level we have bullish BAT patter but we have to see whether price action consider this as the PRZ zone. If 88.6 broken, cadchf might rally reaching 113 of XA , which is Bearish ALT BAT. if price action confirm then we can grab this opportunity to sell this pair with solid stop loss depend on your risk reward...
The Eurgbp possible to perform Bearish Gartley on 4h tf, it will be around 78.6 of XA and other possiblity will be BAT (88.6 of XA), it depends on price action , whether this pattern valid or not. If you see at lower time frame like 1h, you can easily see plenty of harmonic patterns there. Now lets take this opportunity, hopefully this pattern will be valid, put...
As you can see on this chart, eurjpy seems perform plenty of harmonic patterns. This time probably of bullish shark pattern, 113 of XA will be around 139.61, and if break then 140 will be the next possible target which is 127.4 of XA ( and also possible of support become resistance). It depend on price action whether this pattern will be valid or not, so let's...
AUDUSD possible to drop more based on weekly chart , but we might see some retracement around 0.8805-15. eyes on 0.8490 ( 1.618 of BC ) , but thats a long way to go. I will put attention on 0.88xx whether broken or not, if hold we might see some nice rebounce from there Good luck Happy Trading
If gogo break the resistance area it might go toward 22.33 - 23.13 - 24.51 just simple idea Good luck
USDCAD now is still in consolidation, we might see this will retrace before way back up to complete the possiblity of Crab pattern on weekly chart. The price action may slightly exceed the 1.618 XA leg, on the initial of the PRZ (Potiential Reversal Zone ) the completion point in valid Crab patterns. The Crab pattern also match with the Support and Resistance...
Prepare to short NZDUSD, sell on rise! .. i posted weekly chart NZDUSD already, wanna see the daily movement. Gonna wait the wave weaker, any confirmation,then i will enter selll!!!!! HAPPY PIPPING and GOOD LUCK -The Fiboholic-
I prefer to short NZDUSD, waiting any breakout confirmation, there are 2 possibilites of patterns that might perform on NZDUSD, this pattern more clear on Daily Chart, i might will post it again the daily chart Good Luck Happy Pipping -The Fiboholic-
Dear Traders There are 2 possibilites patterns on EURUSD Weekly chart, Rising Wedge or Bearish Gartley. So i prefer short in the near future, wait for any breakout confirmation. Good Luck and Happy trading
EURUSD might need a pullback, gonna short scalp a bit here, wanna see if this gonna continue to the upside or no wait for any confirmation Sorry this is the right chart LOL, the chart that i posted before was error with the connection. anyway, enjoy the ride :) -the fiboholic-
Just simple analysis, with possible of short EURUSD , it might fell 1st then goes back up, or continue to the upside, gonna wait again for any breakout possibility enjoy the ride -the fiboholic-
EURUSD hit resistance near from the possible area reversal on fibonacci key levels. Gonna sell rise The Fiboholic
Prepare to sell EURCAD, we have good long shadow around resistanve area, possible this pair will gonna reverse soon... Good Luck The Fiboholic
USDCHF at the moment still move up, i will wait near the trendline and confluence with the fib levels, will entry for short. Just wait and shoot ! Good Luck The Fiboholic
AUDUSD dropping after the announcement of rate cut, but we have some of good supports area, so i think i will keep averaging with good money management should have good reward from this trades good luck The Fiboholic
Eurjpy possible to make higher , that pinbar on h1 chart looks interesting, i will wait and see until reach my levels for sell entry. This chart is combination between trendline, fib formula with gartley pattern, looks nice and simple for me . So stay tune! last chart made good pips, so lets see if this one will work out or not...hope so! Good Luck The Fiboholic
Be carefull for buyer, we might see some reversal here around 130.65 near the fib 141.4 level another possible pattern on daily chart is a bat pattern , so we possible to see reversal soon, dont forget to see the movement of eurusd. Good luck The Fiboholic