TraderRamos

TraderRamos Updated 

For our brazilian friends out there in the market. Bovespa stocks market has just completed a Cypher Pattern on a daily chart. It is also possible to see a double top before it started the movement down. This might give us a signal that this market will retrace back into 382 Fib retracement (confluence with X point which is previous resistance level) and maybe...

TraderRamos

Petrobras is forming a Cypher pattern on daily chart. Another 20% is expected until completion of D leg of the move.

TraderRamos Updated 

Possible Head and Shoulders formation on this pair. Pair is currently on an uptrend (daily chart). It has put 3 tops with RSI divergence.

TraderRamos

Pair has just put a Bearish Pennant on a daily chart. Price is expected to retest previous support line before keeping bearish towards 0.86758 (area of previous resistance looking left). We will be looking for bearish entry reasons once price reaches 0.88695.

TraderRamos Updated 

Market has been on a downtrend lately. We might be looking at a possible bullish head and shoulders formation.

TraderRamos Updated 

Cypher Pattern formed on this pair on 1 hour timeframe. We will be waiting for a better entry reason because risk is over 50 pips which is higher than what we would like to have. We might be looking at a double top. If pair does not form a double top, we will be cancelling entry orders.

TraderRamos Updated 

Potential Bullish Cypher on 1 hour chart. Pair is currently on a downtrend (daily chart) but has not put any new structure lows. We might be looking at a shift in trend. Risk Reward ratio is too high (almost 100 pips). More conservative entries could be located somewhere between X and D in order to reduce the risk a little.

TraderRamos Updated 

Trend continuation trade. Daily chart shows price moving towards price level @.03400 (uptrend). Fib confluence @.03318. Nice risk reward ratio.

TraderRamos Updated 

Double bottom on this pair. Pair might be shifting trend. More conservative entry could be a possible 618 Fib retracement.

TraderRamos Updated 

Possible bearish flag formation. Trend continuation to the down side (1 hour chart). Pair is currently in consolidation (daily).

TraderRamos Updated 

Possible Bullish Head and Shoulders formation on this pair. Pair is currently in consolidation (daily chart) and might be shifting trend.

TraderRamos Updated 

Double bottom (1hour chart). Pair is currently on a downtrend and it might be shifting trend. Is is possible to see RSI divergence confirming double bottom.

TraderRamos Updated 

Pairs might putting a Bullish Head and Shoulders. It can also be traded as a double bottom. A more conservative approach would be wait for a 618 Fib retracement and then getting into this trade.

TraderRamos Updated 

Possible bullish pennant on 1 hour chart. Expecting breakout to the upside and looking for targets @.26000.

TraderRamos Updated 

Price has been on an uptrend and it is currently struggling to get off of this resistance level. Price if forming a bullish pennant pattern and it is expected a break to the upside.

TraderRamos Updated 

Market is currently in consolidation (daily chart), but on a downtrend on the trade timeframe (1 hour). Pair has put a double bottom and a potential Head and Shoulders formation. RSI divergence is also noticed. It is not to easy to find a good risk reward ration for this trade but it is worth to notice the shift in trend that might be happening.

TraderRamos Updated 

Potential Gartley pattern on 1 hour.

TraderRamos Updated 

Marketing is pulling a double bottom on 1 hour chart. RSI divergence. Looking for first target @.72397 and extended target @.72689. Stops would go 10 pips below lowest wick.