GBPJPY has formed a cup and handle pattern on its daily chart. The price is trading above the Breakout: 166.016. ST: 164.201 Targets: 62%: 170.848 79%: 172.090 127%: 175.923 162%: 178.583
Hello Traders, Today, we'll be examining GBPCAD, which has developed a symmetric ABC Bullish Pattern on its daily chart. **Pattern Analysis**: The price action on GBPCAD's daily chart has formed a symmetric ABC Bullish Pattern. This pattern suggests a potential bullish reversal in the market. **Entry and Stop-Loss Strategy**: - Entry Level (EL): Consider...
CADJPY has formed an advance harmonics pattern (Crab) on its daily chart. The Price is trading near the EL: 96.457 ST: 94.100 Target: 38% AD: 101.005 62% AD: 104.621 79% AD: 107.204
XAUUSD is trading A Cup & Handle Pattern on its daily chart. The price is trading above the Breakout: 1808.170 approaching the 38%: 1884.238. Target1: 62% 1930.601 79%: 1962.026
Hello Traders! Let's Delve into Harmonic Patterns Today The EUR/NZD pair has formed an advanced harmonic pattern, specifically a Gartley pattern, on its hourly chart. This presents a promising opportunity for traders to capitalize on potential upcoming price movements. Here are the details: - The price is trading above the long entry level (EL) at 1.81762. -...
🚀 Hallo traders! Welcome to TCPLTP Technical Analysis! 🚀 Today, we're looking at EURNZD 🇪🇺🇳🇿, which has formed a powerful Price Action Reversal Pattern: DOUBLE BOTTOM! 📈 The price has successfully broken above the neckline at 1.79230, signaling a potential bullish trend reversal. 📈📈 Currently, the price is consolidating with 14 H4 bars, resembling a daily doji...
Hello Traders, and welcome to TCPLTP! Today, we are examining a promising trading opportunity with the EUR/NZD pair. Let's delve into the specifics. To understand the potential of this opportunity, let's first unpack the AB=CD pattern. This pattern is a popular harmonic sequence in the trading sphere, noted for its symmetrical price legs. Currently, the EUR/NZD...
GOLD has formed a price action reversal pattern Inv Head and Shoulders on its hourly chart. The price is trading the long entry neck line breakout 1934.79. ST: 1928.11 Target zone 1 62%: 1961.02 79%: 1967.96 100%: 1977.21
Traders, in order to buy and sell, make decisions based on price history and use patterns to identify future price movements. Successful pattern trading requires the acknowledgement of identifying trends, consolidations, support resistance levels and reversal to place stops and targets to forecast price movements. Here i will discuss one of the key reversal...
Hello Fellow Traders! 🌟 Today, we turn our attention to the EUR/NZD pair, which is showcasing a classic price action reversal pattern, a beacon for potential lucrative opportunities. On the minute chart, we are witnessing the formation of an inverted head and shoulders pattern, a reliable indicator of a potential bullish reversal. Notably, the price has surged...
Hello traders, and welcome to our "Trade Chart Patterns Like the Pros" analysis. Today, we're focusing on AUDUSD, which offers an exciting trading opportunity. The AUDUSD has developed an advanced harmonic pattern, the AB=CD bearish pattern, on its hourly chart. The AB=CD pattern is one of the classic chart patterns which is repeated over and over again. The...
Hello Traders! Welcome to Today's EURUSD Analysis. We've spotted an exciting trading opportunity on EURUSD that we'd love to share with you. On its hourly chart, EURUSD has carved out a Symmetrical ABC Bullish Pattern. This pattern is characterized by a swing from A to B, followed by a retracement to the 61.8% Fibonacci level. Currently, the price is trading...
CADJPY has formed a price action reversal pattern double bottom on its hourly chart and the price is trading below near the NECK LINE BREAKOUT: 107.840. ST: 106.005 Targets 100% AB: 111.372 150% AB: 113.177
CHFJPY has formed an ABC bullish pattern on its hourly chart. the price is trading above the long entry level EL: 153.241. ST: 152.640. Targets: 38% AB: 154.873 62% AB: 156.232 79% AB: 157.201
CHFJPY has formed a symmetry ABC bullish pattern at the 61.8% retracement and is trading above the long entry level EL: 158.774. ST: 158.377 target zone 1: 62% AB: 161.252 79% AB: 162.004 target zone 2 127% AB: 164.170 162% AB: 165.692
Hello traders! Today, we're diving deep into GBPUSD, which is showcasing a promising trading opportunity. On its daily chart, GBPUSD has carved out a classic price action reversal pattern: the inverse head and shoulders. Following a decisive break above the neckline at 1.24340, the price retraced to 1.25913. Capitalizing on this momentum, we've placed our long...
Hello Traders and Welcome, Today, we have an exciting trading opportunity on GBPUSD. The price has shown interesting behavior around the levels of 1.2800 and 1.2600. By connecting these rejection points, we can draw two parallel lines above and below, forming a support and resistance zone. Now, let's unlock the vault and explore the patterns that GBPUSD is...
📢 **Hello Traders!** Today, we're turning our attention to the CHFJPY currency pair, which is flashing some interesting signals for potential trading opportunities. On its hourly chart, CHFJPY has carved out a rectangle channel pattern. The price has been oscillating between the upper trend line, set at 166.594, and the lower trend line, marked at 164.420. This...