Potential bullish crab setting up on UsdJpy. Waiting for the pair to come down to the D-leg completion and close above before i take the trade. Stop loss would go below the spike low IF the pattern completes. Target zone is 117.40 - 117.65
UsdNok is in a bullish trendchannel. Now at trendline support. Price is oversold on the 4H chart. Looking for signals on the 4H chart to go long. SL below recent swing low.
As the title describes. Pattern visible on the 1H
Price got 2 harmonic patterns visible. Bullish bat completing at 129.87. We also got a smaller Crab pattern visible, so we got some confluence. Orders out for the Bat pattern.
2 big harmonic patterns visible. In blue. we got a 38.2% bat Completing at 0.6944 And in red we got a cypher pattern completing at 0.6966 There is also a smaller gartley visible, but i left that one out to avoud more clutter. I got orders out for the gartley and the bat.
Cypher pattern visible on the 1H chart. 1:1 RvR to target 1.
Been waiting a long time for a potential retest. IF price hits the trendline, and the trendline holds as resistance i will go short targeting 117 - 115.60 area as target 1. Alert is set.
Gold is setting up a potential bullish cypher with completion at 1082.50$ FOMC statement later today, so the expected volatility may complete the pattern. Stops and targets on chart.
The pair got a 1H Gartley completing at 1.5484. Target 1: 1.5698 Target 2: 1.5833 SL: 1.5323 Note: there is a mini 15min bat pattern inside of the bigger patter if you feel brave.
The pair has been trading sideways for quite some time. A bat pattern is now visible. D-leg completion comes in at 1.9972. Nice risk vs reward on this setup on a pair that has been in a uptrend.
Potential gartley setting up. D-leg completion at the 0.6300 even handle number. Stops and target on chart.
Potential PRZ closing in on WTI crude. Price got a harmonic crab pattern setting up with 2 potential D legs. Price also got a AB=CD at 29.50$ Nice confluence area on a oversold chart. Note: This is a potential bottom fishing setup for a long term swingtrade, so i will use very low risk IF i take this trade.
The pair could possibly be reversing on the higher timeframes. April lows prints a potential head, and January 2014 + September 2015 lows printing the shoulders. Notice that the right shoulder is 61.8% of AB and projecting a move up to the 1.618% ext from AB.
The pair hit a daily SR level today and is now forming a double bottom on the lower timeframe. My bias on this pair is bearish, and im treating this as a potential countertrend play. Notes on chart.
GbpJpy Daily chart in a bullish channel. Price is approaching triangle resistance. Now waiting for potential breakout to the upside. No position yet. SL: Below 184.00 mark. Target 1: 191.90 Target 2: Upper channel trendline.
Ger30 have had a great bullish rally. Price is now forming a daily indecision candle. RSI (7) above 80. Sell stop below the wick. SL above the high. Target 1 is structure at 10400 area. Target 2 is 61.8% fib from this leg.
As the title describes. We got 2 bearish pattern setting up. Target 1: 38.2% fib Target 2: 61.8% fib
Oil is now flagging on the 4H chart, and consolidating above the 200sma. If there is a breakout of the flag, i expect price to go up and challenge the 200sma on the daily chart (52$) The harmonic ABCD pattern comes in at 54.80 and the full harmonic 1.618% is at 56.40. The big diagonal line is a weekly countertrendline, so that will be a interesting object in the...