abrar.ahmed1408

abrar.ahmed1408 Updated 

Cypher followed by a series of lower lows!

abrar.ahmed1408 Updated 

Lower Highs+Strong Structure+Bearish Ema Trend+Bearish Bat+Good Risk Reward! A lot of confluence. Hoping for a good trade. Thanks for reading. Have a good day. Goodluck.

abrar.ahmed1408 Updated 

We can see a series of higher lows, an ascending trendline and bullish ema cross over indicating an uptend. The bat provides a great risk to reward ratio, and there fore you can take profits at 61.8 of the CD leg as well. Have a good day. Thank you.

abrar.ahmed1408 Updated 

Hello everyone! Here we can see a series LOWERHIGHS followed by two bearish patterns, BAT AND CYPHER . The ema and channel further confirms the downtrend. I prefer the Cypher pattern since it has more confluence . However you can trade the BAT pattern since it offers a good risk-reward ratio . Hope you have a good day. Feel free to share your thoughts....

abrar.ahmed1408

Ema shows a bearish trend adding confluence to the bearish bat pattern.

abrar.ahmed1408

Not a perfect cypher pattern but since it fits in perfectly in the channel and the prz lies in an important demand zone of a higher time frame we can go long on completion of the D leg. Have a good day. :)

abrar.ahmed1408

Price has been moving in a parallel channel from the low of 1.09964. The PRZ of the Bearish Bat lies in an area of supply, therefore the completion of this pattern will give us a good opportunity to short this pair. However, long opportunities are also there for traders who wish trade bounces off the lower channel. Have a good day. Thank you

abrar.ahmed1408

A bearish butterfly is about to complete in important zone with multiple resistance.