Looks like a cypher forming on EU. Use price action to follow the trade. I have a pending sell at the 78.6
I believe previously I said we are in an uptrend. This still may be true. But as I re-analyze this pair and the harmonic ratios it is giving me, as well as the other AUD pairs and how it looks for this week. (AUD shorts) I am rethinking this. We may have some upside what is called a last kiss. We have 3 touches to resistance. There is a supply zone that must be...
We are very bullish on this pair it appears to me. Although we seem to be experiencing some pullback, the uptrend is still strong. My projection is a small pullback and possible target of the 1.618 area. We may have a shark harmonic pattern forming. If you want to be conservative and/or only trade with the trend wait until price reaches a critical area of support...
We have the bulls taking over on EURAud which would mean the AUSSIE pairs will be falling. Follow the price to enter and exit the trades.
We have a nice move to the upside and a correction move forming a harmonic pattern. The pattern completed and is resting on support at the first TP level of 38.2, and inside a triangle. Let's see how the market opens Next week
Bearish Shark is in play here. My targets are the 88.6/1.618 PRZ but price may climb all the way up to tap the Order block where liquidity is as well as strong resistance area. We have now entered into a strong buy zone. So if the move was missed we can wait for a pull back to previous resistance. This is test the new found support level. Showing at the 38.2...
One Harmonic has completed and on its way to the second TP while another Bearish Bat is in formation. Use price action to enter or exit this trade.
Looking at CHFJPY. I see 3 touches to a strong Daily support and now making HL's. Also spotted a possible Bat harmonic. So price may hit the 88.6 area and then come down, still making a LH. I will watch how this plays out.
wait for price to show that it will not fall below support. then look to buy, But if it breaks structure and continues to make HL's then a sell is in play.
Utilizing everything you know to help you read Price Action properly and to ascertain where price may be heading will help you when and where to get into the market and where to get out of the market. #firstladyforeverblue Facebook:firstladyforeverblue
overall ascending channel, currently in descending channel , 2 areas of structure was broken with a retest confirming change of trend(within overall bullish structure) will be using candlestick analysis enter in on a short to the D point of the Cypher. At the D point will also use candle stick analysis to enter a buy position to at least 38.2 TP level. On the...
So one large harmonic completed and yet another formed and completed. It could be possible to have over 400 pip profits target. Let's see how it plays out next week
I think i will trade this down to the D level, just waiting for seller's to come into the market. It is almost 5pm let's see how it closes and what price will do next. I usually would take the rejection off the fib of 61.8 but the more i trade the more patient I become. Price could rally up. So folks here is one for the harmonic team #firstladyforeverblue
I love it when i have 2 harmonics and they play well with each other. My larger bat harmonic the the TP of 61.8 falls in line with the D point of the cypher harmonic. From there I will ride it to at least the 38.2 and go from there #firstladyforeverblue
Price has already hit the first take profit level after completing this harmonic pattern. If Price breaks resistance and closes above, price's next target is the next quarter point. Let's see what happens #firstladyforeverblue
Don't you just love it when you get a fib cluster. You pretty much can just set a pending and ride it nicely.
Weekly butterfly pattern in formation. B point already broken. Strong confluence level at the D point. Wait for pull back and look to buy to the D point. Or wait for D completion and ride it down. Completion looks to be a quarter point as well.