HermannHesse

HermannHesse Updated 

There is a big Triangle Pattern that is going to break down. Wait until it does. Market is below trend line so all indicate a bearish opportunity. 1. Triangle pattern breakout 2. Trend line continuation 3. MACD 4C bearish ready to breakout TP1 - .786 last trend move TP2 - Lower boundary triangle (or let it grow) SL - Avobe trend line and triangle pattern

HermannHesse Updated 

GBPCHF is about to reach the upper boundary in a ascending channel at the same time that a high weekly resistance. The market is completing an equal correction so it may start falling before. Must pay attention to H4, which keeps uptrend at the moment. Reasons to sell: 1. High resistance 2. Upper boundary 3. Equal correction Take profits set above two posible...

HermannHesse Updated 

It began to down al 1.272 fib, but MACD is still bullish so it can reach the reversal zone in a hard weekly resistance near to 1.618 fib (1.272 fib last big move). Let's see how this candlestick ends today.

HermannHesse Updated 

The rally in EURGBP is going to reach the D point of a Bullish Cypher Pattern in a earlier support zone. 1. Cypher Pattern 2. RSI low 3. MACD 4C bearish to reach D 4. Earlier support zone TP1 at .382 CD leg TP2 at .618 CD leg SL at X point Advice: Take care trading GBP market this days due to the Thursday 5th Bank Of England meeting. If the market reaches...

HermannHesse Updated 

The rally in GBPJPY is going to reach the D point of a Bearish Bat Pattern. 1. Bat Pattern 2. RSI high 3. MACD 4C bullish to reach D TP1 at .382 CD leg TP2 at .618 CD leg SL 1:1 with TP1 Advice: Take care trading GBP market this days due to the Thursday 5th Bank Of England meeting. If the market reaches point D before, perhaps it is good to wait for the...

HermannHesse Updated 

The broken trend line shows a bearish trend that wanna form a cypher pattern. 1. Cypher Pattern 2. RSI overbought 3. MACD 4C bullish to reach D SL above the last resistance TP1 at .382 TP2 at .618