This pair is currently trading at a major resistance zone and we are predicting the harmonic Bat Pattern will be completed. This is a bearish signal and our strategy is to trade the 4th leg of the pattern. Price action has already broken below the yellow trend line giving our strategy confirmation. FX:EURNZD
This pair is currently trading at a major resistance zone and price action has recently broken below a major trend line trend line (yellow) as well. We also see the completion of a harmonic Bat Pattern. These are all bearish technicals which signals a move lower and is giving our short strategy validation. FX:EURAUD
We are predicting the formation and completion of the Gartely pattern as seen on the 4 hr chart. We are short here and our strategy is to trade the 4th leg of the formation with a stop set at the red zone. FX:USDCAD
This pair is currently trading at a major weekly support (blue zone) and is forming a Harmonic Bat Pattern. We are predicting the Harmonic Bat Pattern will be completed and we are looking for price action to move towards the upside from this point. FX:AUDUSD
We are currently trading the 4th leg of a Bat Pattern that is forming on the 1 hr chart. We are predicting the harmonic pattern will be completed on the condition that the yellow resistance zone is not broken. FX:EURAUD
We are predicting the Harmonic Bat Pattern to complete as shown on the 4 hr chart. Price action is showing a downward trend giving the pattern confirmation. Our strategy is to trade the 4th leg of the pattern and we will post updated with targets. FX:GBPAUD
Here is an updated chart on showing the completion of an AB=CD harmonic pattern on the 4 hr chart. Price action has found support at the completion of the pattern (the blue zone). Price has reached a major weekly support zone as well (red zone) signaling a reversal to the upside, therefore our strategy is to trade the reversal. FX:AUDJPY
Looking at the 4 hr chart we see the completion of the butterfly pattern. Again, butterfly patterns signal the end of a trend and in this case is a signal to the upside. Our current strategy is to watch price action and take a long position in the green zone.
Price action has completed a ab=cd pattern on the 4 hr chart for this pair. The completion of the ab=cd pattern is in line with our short strategy therefore we added to our short position with take profits set on the green zones. FX:EURAUD
Looking at the 1 hr chart we see the completion of the butterfly pattern. Butterfly patterns are a good indicator of the end of a trend. Also, on the 1 hr chart the weekly support zone and bottom of the falling wedge is clearly visible and has since bounced off of it. These are all bullish indicators giving our strategy confirmation.
We see price action consolidating into a falling wedge pattern, which is also a reversal patter. Price is at a crucial zone because it is at a major support zone and also at the bottom of the wedge. Therefore, we are predicting a reversal from this zone.
Price action is retracing to complete a harmonic shark pattern and our strategy is to average up our position at the completion of the pattern. The 4th leg of the shark pattern is also a major resistance zone. FX:GBPAUD