fatraphael

fatraphael

Entry: 1.8080 StopLoss: 1.8150 Target Profit: 1.79170 Will see how it goes in the Green Box as currently, it is still on the OverBought Zone in the RSI Indicator. Once the next candle has shown it's closed value and with RSI hitting below the Overbought zone, it will show that there is a higher probability of the currency of GBPSGD to fall.

fatraphael

Spotted a Potential Bearish Bat Pattern which has a similar PRZ (Potential Reversal Zone) with the previous Bearish Butterfly Pattern. Seems like there maybe another opportunity to SHORT this Pair if the market reaches to this PRZ (Green Box Area) Do feel free to leave a comment / opinions below. Also, if there's any mistakes that I have made, do let me know as...

fatraphael

Hi everyone, just would like to know whether this is a valid Gartley Pattern? Feel free to add your opinions below. I'm thinking of shorting it due to the current trend of the market for USDJPY Currency. I don't usually read the news as I felt the Chart says it all as the news and speculation are all reflected on the Charts itself. I will be starting to put up...

fatraphael

Hi, just wondering if what i have done was correct. Just recently only started to learn about Fibonacci. If i'm not wrong, but do correct me if i'm wrong, Point C will the the point where I have to open my position at that Price, while Point D will be the point where I have to Take Profit. First Step will be Fib Retracement of XA to find the 0.618 Second Step...

fatraphael

Hi, just wondering if what i have done was correct. Just recently only started to learn about Fibonacci. If i'm not wrong, but do correct me if i'm wrong, Point C will the the point where I have to open my position at that Price, while Point D will be the point where I have to Take Profit. First Step will be Fib Retracement of XA to find the 0.618 Second Step...