Potential bearish bat forming at strong resistance area. RSI should also be overbought if price arrives at D leg Could be a nice opp to short
Fib clusters AB=CD completion Gartley pattern completion Good structure to the left RSI also likely to be OB if price reaches this point Great long opp should price action reach this zone.
Fib clusters RSI should be overbought on arrival Very strong structure level Gartley pattern completion AB=CD completion Seems to be a good zone to short this pair.
1.AB=CD. 2.Nice structure. 3.Fib cluster. 4.RSI overbought. 5.Bat pattern completion
There is an ABCD completion , Gartley completion , 0.618 retracement + 1.272 fib in the purple zone. My guess is that RSI will most likely also be overbought IF it arrives in this area. Might be slightly premature but should price get to this zone, it looks like a great place to short. There is enough confluence in this one for me to set a sell order on the...
We have an ABCD completion, Gartley pattern completion, fib cluster and solid structure to the left. RSI should also be overbought by the time we reach this area. Will be using advanced pattern rules for 2 targets at 382 and 618
There is a 1.618 + ABCD completion in zone. RSI is nearly oversold - with bullish DIV. There is structure looking left. There is a double bottom on the hrly too so have entered at market as plenty to suggest it will continue on up from here (as per my own rules) Candles : Pinbar + bullish engulfing candles present here
Price action has arrived at a 0.5 retracement on strong structure resistance. RSI is near overbought. There is a AB=CD completion in area + 1.618 fib aswell. Doji has formed. I will be awaiting a nice bearish candle to enter this. Could be a nice opportunity for some continuation to the downside
Bullish Gartley on major support area
Watch PA in purple area. Couple of fibs in there but most importantly, Structure. There is also a trendline passing through so could be a nice area for a long IF price action gives you the go ahead. Also examine RSI if its in your rules (nearly oversold)
awaiting bullish pennant break out to upside for some sweet sweet continuation
Wait for dog's face wedge to break. I have a feeling it will go down as the dog is standing up and gravity will play its part
Hoping for continuation on this pair. Looking for a retracement into green zone + a bullish signal in order to long. Watch this area carefully.
Potential long if trendline breaks. First target will be 1:1 , which is just above the 1.27 fib extension and Second target will be on next structure high which also happens to be completion of harmonic move & is also on the 1.618 fib extension
RSI overbought + 0.618 fib retrace + structure = short opp. Even if this market is now bullish, it should be a good zone to short from for a retracement.
IF price shows bullish signs (blue arrow) AND a pullback occurs into red zone (black arrow), THEN a possible long can be taken from red zone (red arrow) after a pullback into a fibo level + previous structure support.
Looking at key zone (red box) to long this pair. Uptrend + key support+ 0.618 retracement
Expecting USDJPY to bounce off purple zone and make a move toward major trend line at 118.5 area. If we get a bullish signal within purple zone = long on red arrow