PCTradeKop

PCTradeKop

Simple - Short channel after break

PCTradeKop

Trading within channel between resistance/support lvl. Multiple rejections on resistance lvl trying to break below 74.00 mark creating a descending triangle. Look to go short on break down. NZDJPY

PCTradeKop

Crab formed within channel. Currently right on D point 1.618. Opportunity to Short with stop above next resistance. Target support line point X.

PCTradeKop

Heading to D point of ABCD

PCTradeKop

Looks ready to go down. Part of a larger ABCD pattern.

PCTradeKop

Currently trading within channel. Could possibly break down from channel and head to point D to complete ABCD pattern. Point D is also support line for previous low.

PCTradeKop

Price was unable to break past previous high and instead reversed down from top of Wedge. Has now broken down from Wedge after the RBA announced rate cut. Opportunity to Short. Gd Luck.

PCTradeKop

Butterfly pattern formed within channel. When D point of Butterfly was hit the pair dropped 350 pips. Now broken down out of channel and retesting the break which coincides with retracement of 50% from point D. Currently at resistance so if rejected here should see continuation of downtrend. Finally there is a weekly bearish engulfing candle at point D which...

PCTradeKop

CRAB or GARTLEY? Heading towards point D of Gartley. Would not be surprised if it overshoots to 1.168 and forms CRAB pattern. Strong downtrend after RBA interest rate cut so may not stop at the Gartley. Keep an eye for a drop towards CRAB at bottom of channel. Gd Luck.

PCTradeKop

BUTTERFLY or CRAB? Appears to have hit point D of Butterfly and currently forming pin bar right at the top of the channel. If candle closes this way then would be good opportunity for short.

PCTradeKop

Keep an eye for movement when the RBA rate decision is announced...Could potentially break down out of the channel on a rate cut.

PCTradeKop

Potential Long at Point D. GARTLEY forming in AUDJPY within channel with point D at previous support lvl.

PCTradeKop

Crab formed within channel with Point D (1.168) at resistance.

PCTradeKop

Good opportunity for short entry. Multiple confluence... Pin Bar + Resistance.

PCTradeKop

Good opportunity for long entry. Multiple confluence... Harmonic + engulfing candle on weekly chart + Resistance.

PCTradeKop

Pin bar formed in weekly chart. Good sign for short opportunity. 500pips down the harmonic Gd luck.

PCTradeKop

AUDUSD looks broken larger channel and looking to break from another smaller one. Short the Breakout down as this is right where resistance is.

PCTradeKop

Pin Bar formed in weekly chart on resistance and previous high...short opportunity.