Toru

Toru

1. Daily chart: The chart is in continuous down trend. Just completed flag-similar pattern and now the consolidation is done. At this point, the price is pulling back to the previous low that was broken. (Highlighted area) 2. 4H chart: 55 EMA coming down at 240m chart and hitting the yearly pivot. 3. 1H chart: Gartley similar geometric is now complete....

Toru

Bitcoin just reached potential reversal zone that harmonic pattern creates. This resistance may push price down to 270 - 250 and IF this pull back occurs, that may be a good chance to go long. The next target is 400 and this I explained in my youtube vid uploaded 7/3/2015. Thanks. youtu.be

Toru

Bitcoin has been heading bottom but not anymore. The pair is now showing the trend reversal and this video is to demonstrate that particular view through Bollinger Bands, simple trendline and harmonic patterns. Attached is the YouTube URL. youtu.be

Toru

Just marked 0.786 geometric pattern with rising support line. This may be a good opportunity to go long with 1.5 RR.

Toru

EURUSD Pair sits on its major retracement area. With reversal signal such as candle patterns, this may be a good trade opportunity backed by... 1. Fibonacci 0.618 retraced: 2. Gartley pattern completed. 3. Can have reasonable RR level with breaking 1.108 invalidate this idea clearly. Enjoy!

Toru

This strategy will be active IF price comes back to 400 level.

Toru

Gold/USD completed one of XABCD harmonic pattern, that I would call "Gartley resemblance".

Toru

This pair just marked 5-0 pattern. Good chance for a short entry with lower time frame confirmation. Good luck!

Toru

IF USDJPY pair falls successfully, it will complete Gartley pattern at 114.50 level. The blue candles are copied from AB wave and this tells possible time PRZ is January 1st that is bank holiday so need to watch out 2nd January. If price does not fall to this area, just another invalid pattern emerged :-)

Toru

AUDUSD is now in possible support zone creating neck line of possible big head and shoulder pattern. If this pattern is valid, price may bounce back up to 0.93 area to make right shoulder. When the neck line is broken penetrating 0.800 mark clearly, this plan will no longer be valid.

Toru

JPN225 is approaching its psychological support level of 17000. The 1H chart will complete Bat Pattern creation around 17100 area. Once this support kicks in, bouncing back to 17300 level may be a possibility. Stop can place just below 16950 area that is protected with the psychological level + 1.27 extensions.

Toru

USDJPY is approaching to a resistance level, combination of S1 pivot point, Harmonic completion and previous support level. London just started its weekend and if price hit 106.80 in morning session there, that gives institutional traders a good reason to short.

Toru

As described previously, BTCUSD hit bottom with 1.272 pattern completion and came back to retest 400 level which is already broken downward. Considering roll reversal of this SR level, another small Bat Pattern completed as depicted in a chart, this is a reasonable time to enter Shorting. This pair may go further down below 300 however, from a trading perspective,...

Toru

As described previously, this pair already exhausted upper thrust and came to break 400 long time support line. (See volume spike to the downward). Now what we need to find is the place to SELL. If pair keep dropping price and hit 250 mark, that complete 1.272 XABCD pattern and this little support may bounce the pair back up to 400 area. IF (I repeat, IF!) this...

Toru

NZDUSD hit a clear support area already. This pair broke orange trend line with no hesitation and has not pulled back yet. This fact and a monthly pivot point gives a beautiful resistance area around mid 0.79 area. Furthermore, 21EMA is catching up too. IF the pair comes back to mid 0.79 area, that will provide a good opportunity to go short back to mid 0.77....

Toru

It seems this pair exhausted and no more upward thrust. The orange shape shows 1st Bat pattern formed and this push price down nearly 300 points. Now, the second Bat Pattern that comes with same magnitude formed and a thrusting news came out that PayPal supports Bitcoin. If the chart retains potential upward thrust, this news would have skyrocketed the pair since...

Toru

Looking at EURJPY pair broke 138 resintance area and moving up. Now this pair just hit Gartley pattern PRZ and descending trend line. It is fair to estimate this pair may comes back to 138 area and bounce back up targeting 140 area that is next resistance level. RSI shows divergence to back this idea. Also, the EURGBP pair is now going upward with weekly BAT...

Toru

This BAT pattern shows near future picture. XA leg ate all 5 waves and exhausted. (This was part of my longtime analysis posted yesterday). Now looking at this near future pattern, it comes with 1.618 BC extension and 0.886 XA retracement in tight area (0.81196 - 0.81245). This will be a reasonable target once B line is broken. (Some participants will look this...