ThatImpressiveBird

ThatImpressiveBird

EURNZD has pulled back into the .5 retracement and put in a double top. The longer term trend is still bearish so this is a good point of entry. Stops are above the double top, first targets at prior lows.

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Here is another Bat pattern.

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A simple Bat Pattern in a consolidating market.

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Here is a trend continuation trade. My reasons for entry are the harmonic pattern and the bearish engulfing candle.

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Here we have a Bat pattern forming at a structure level. According to my analysis, the NZD is a stronger currency at the moment. Therefore,I will take conservative targets at the .386 retracement of D to A.

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Here is a potential opportunity to get involved in this trend with a almost perfect Cypher Pattern.

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OANDA:EURGBP The GBP has been the strongest of the major currencies for a while whereas the EUR has been one of the weakest. We just had a small pullback and expect a continuation of the downtrend. The Gartley pattern on the 1H chart offers a good way to enter this trade and to potentially let it run for a while.