Has been waiting for it for almost a week ... Bullish crab just completed and I think it the right time to go long.
Im only providing my own thought toward the market but not making any trade call. Trade what you see
Hit the like button if your agree with my idea and feel free to comment in a ...
1) Bullish Gartley (Orange)
2) Bullish Crab (Yellow)
In 4 hours chart, price reversed nicely when the Bullish Gartley completed. But I expecting a Bullish Crab instead. Reason is due to the FOMC meeting which increased the probability of June rate hike (given that the economy data is good enough). But ...
will GU able to push to 1.465 - 1.466 (Fibo 76.4 level + resistance zone) ? lets wait and see
Sell limit 1.465
SL above trend line 1.473
TP 1 - 1.425
TP 2 - 1.413
TP 3 - 1.407 (support zone)
I'm only providing my own thought toward the market but not making any trade call. Trade what you see.
Hit the ...
In 4 hours chart I saw Bullish Crab pattern although the C leg reversal sign doesn't seem to be strong enough. But I gonna risk some pips here to capture this downside move.
1st target can be at 1211 as there is a strong support and also the Bullish Gartley will be completed at that level. (XA leg 0.786).
Gonna risk some pips here ~
SL will move to breakeven when price reached 1.416 / 1.419
R:R 13.69 (slightly greedy but I personally think its achievable)
I'm only providing my own thought toward the market but not making any trade call.
Hit the like button if you agree with my idea. As it will ...
In daily chart I saw
1) Bearish Crab (higher probability than other possible pattern like Cypher) "Green"
In 4 hour chart I saw
2) Bullish Shark (higher probability than Cypher) "Yellow"
Reason: the C leg of Bearish Crab and D leg of Bullish Shark nearly coincide at the same level.
Good level to short as the I ...
In 1 hour chart I saw
1) Yellow: Bullish Cypher
2) Green: Bullish Shark (Fibo X extension 0.886)
3) Green: Bullish Shark (AB extension 2.24)
The probability trend turnover to bullish on pattern 1 & 2 are higher than 3 as the D leg of pattern 1 & 2 fall exactly on support level. Therefore, any trade will only be ...
Gold (XAUUSD) in 1 hour chart, I saw
1) Bullish Crab
2) Ex-support and resistance level
USD seem to be weakening due to the election currently held in US as country risk (uncertainty) is higher. Therefore, entering short in Gold pair are quite risky as short in Gold = believing USD will be appreciate. So this trade ...
In 1 hour chart I sported Bullish Gartley. Price are expected to go to D leg on Fibo 1.618 (BC) instead of Fibo 0.786 (XA) because I see exact support on D leg Fibo 1.618 (BC) at price 1212.
I will not take this trade until the Bullish Gartley is completed because the price may reverse anytime before the Bullish ...
In 4 hours chart I saw a Bearish Butterfly is forming and the C leg is expected to be completed around 112.4 which is also the recent support on 19 Feb and resistance on 23 Feb & 25 Feb. Therefore the price is expected to reverse from this level to D leg.
I'm only providing my own thought toward the ...
1) Bearish Gartley
2) Resistance zone
3) Double Top (if there is a reverse sign)
I saw there is a Bearish Gartley is forming in 1 hour chart. The completion of D leg is on the recent resistance area. The price is expected to bounce off from that level and form double top and the Bearish Gartley will be completed ...
Technical - the weekly chart of FBM KLCI had completed the C leg of Bearish Gartley and heading towards D leg. The probability of this pattern turn out to be Bearish Crab is quite low as the D leg of Bearish Crab will be higher than the historical high of FBM KLCI. Therefore, any short order will only be executed ...
1 - Bearish Gartley: The one in pink is drawn based on daily chart basis. Price is moving toward the C leg.
2 - Bullish Bat: The one in blue is drawn based on 4 hours chart and the bullish bat pattern is expected to be completed by today.
Long bias - the red rectangle is a recent support zone in 4 hours chart and ...