bishopblue

bishopblue

After completing the bullish shark pattern the price of EURUSD bounced and a possible reversal of trend. 1.145 must be broken in order for the EUR to advance to 1.15 level again. My initial target is the 50 fibo of the swing low at 1.1516 and my target 2 is the 618 fibo at 1.1586

bishopblue

USDJPY is ranging from 114.5 - 111.5 this couple of days. I will be seeing this retrace to 111.653 within the week. If the price bounces on the green colour of the horizontal channel it will revisit the 114 area again and has a possibility to complete the bearish cypher pattern I posted last week. But if the price breaks the green towards red colour, we will see...

bishopblue

Must hold and stay above 0.73 for a continuation of the bullish move and a possible retesting of 0.75 level. Failure to hold the 0.73 area will see the AUDUSD retrace to 0.71 level

bishopblue

For the completion of bearish cypher pattern... Once price set foot on PRZ, watch for the sign of reversal for the possible pullback. Must not go below 0.68 for the continuation of bullish trend.

bishopblue Updated 

AUDUSD broke the upper trendline of the downward channel but failed to break the horizontal resistance at 0.7315. Thus, a confluence of bearish divergence was created on MACD and RSI. I will be seeing the pair retested the flip-zone at 0.7111. A break below the flip-zone will put the pair back inside the channel for consolidation around 0.71 and 0.70. But a bounce...

bishopblue Updated 

FOR NOV. 12 - 16 In order to sustain the bullish move of the NZD, pullback must not fall below 0.6689. Buy on pullback and a possible bigger bearish cypher pattern for the pair. PRZ is set around 0.6926. Click like for updates of this pair

bishopblue Updated 

Must protect and stay above 1.32 in order to push the price further to the next horizontal resistance level around 1.33 -1.34

bishopblue Updated 

FOR NOV. 12 - 16 SHORT entry until the price sets footing on the Price Reversal Zone (PRZ). Enter a LONG trade only if there is a sign of reversal (SOR). SHORT ENTRY 1.13551 STOP 1.14558 TP1 1.12349 TP2 1.11611 LIKE THIS POST IF YOU FIND THIS USEFUL

bishopblue

A potential bullish Gartley pattern for the EURCAD pair. PRZ is set around 1.45 and 1.43

bishopblue

FOR NOV. 12 -16 A bearish cypher pattern for USDJPY pair Potential Reversal Zone at 115.66

bishopblue

GBPUSD is ranging from 1.31 - 1.27. A break below 1.27 - 1.26 will see this retesting the 1.23 support area. While breaking above 1.31 - 1.32, the next major resistance will be at 1.36.

bishopblue

Last week the bearish Gartley was hit and the price stays above 0.66 level. Let's see next week trading if the bearish Cypher will also be hit. Target around 0.68. Price must stay above 0.68 for the reversal of trend. Like if you find this useful

bishopblue Updated 

UPDATE FOR OCT. 29 - NOV 2 Perhaps, this week bearish divergence materializes. I will set my 1st and 2nd target around 1/3 and 2/3 of its ascent respectively.

bishopblue Updated 

UPDATE FOR OCT. 29 - NOV 2 Just a chart... A steep downward trend may have paused for a while or a reversal for the AUDUSD pair. A bearish shark pattern is found in the offing...

bishopblue Updated 

Need confirmation candle for SOR. LONG ENTRY @1.28223 TP @1.30994 STOP @1.27772 This is not a recommendation. For my personal analysis only Trade at your own risk Like it if you find it useful

bishopblue Updated 

FOR OCT. 29 - NOV 2 Is the downward trend finally over for NZDUSD pair? May have found the bottom at 0.64232 and now ready to set sail for a BEARISH GARTLEY formation. Must not fall below 0.64638 otherwise, the pattern is invalid.

bishopblue

Price is approaching my initial target at 618 retracement of the swing low...

bishopblue

For OCT. 29 - NOV. 2 SHORT 111.948 STOP 112.886 TARGET1 110.571 TARGET 2 108.846 Trade at your own risk Not a recommendation. For personal purposes only Like and comment if you found it useful.