Good friday morning!
GBPJPY LONG TP's been hit. (750 pips profit).
Now I am already chasing that sell area. And I am expecting it to be around 161.300 for a few reason, first we can see a monthly supply&demand, it would be a re-test of the broken level on the monthly timeframe, and on top of that we have an AB=CD Harmonic Pattern and also it is the SMA50 on the...
EURCAD been going UP since Macron been elected, and now is in a retracement phase, longer time I still see a huge uptrend for EURCAD now we can see an ABC retracement phase from the push it made. Ill be looking for long entries between 1.42-43, We can also see on Daily and Weekly timeframe a huge Inverted H&S pattern that are some sign of bullish movement incoming.
Weekly bollinger bands is flat and outside, so I am expecting a huge reversal + as we can see on my chart, There is a huge monthly supply & demand area so for these 2 reasons I am expecting a good reversal. I will take profit around 1260 and I will be looking for a buy around 1205.
Current Open Trade :
GBPJPY -> LONG
GBPCAD -> LONG
GBPAUD -> LONG
USDCAD -> LONG
I expect EURJPY to go up
till my short area. There is a few confirmation
that justify my short area. First of all,
Monthly supply & demand, we also have a
perfect bat pattern and bollinger extention
on weekly timeframe.
I am not able to go long till this target cuz of
Good evening guys, I have been looking closely at USDJPY last few weeks and I have been waiting for this AB=CD pattern for a while now. Finally, it did hit the AB=CD AREA. I am just waiting for a reversal sign and ill be buying long term! Good Luck trade with care, I will update when Ill be in the trade.
XRP - RIPPLES
I bought 2000 Ripples cuz in my opinion XRP will be the most
successful cryptocurrency ever made for multiples reason
and one of them is that they dont try to go AGAINST banks, but
work with them. Faster transaction than bitcoin and Ethereum, can
do more transaction at the same time than bitcoin and ethereum and
a lot more reason why I see it be...
On higher timeframe, i see a beautiful ascending triangle and inside of it, i now see a beautiful ABCD PATTERN in the same area of the 61.8% of the previous uptrend. my buy limit is set, lets be patient and see if this setup occur.
Monthly basis bollinger bands level. Extreme bearrish Harmonics Impulse and a strong resistance level. I will TP at the previous level but i'm expecting a retracement till the lower supply&demand area! Good luck
Next HUGE setup in formation will be
GBPAUD. Currently AUD is really strong
so its driving xxxAUD down. It should slow
down pretty soon because even on AUDUSD
i'm expecting a reversal at the 0.80200 area.
I have multiple confirmation that GBPAUD
will rever se in the 1.61000 area.
1. Bat Pattern
2. AB=CD PATTERN + ABCD PATTERN.
3. Bollinger Bands will...
Expecting that bear pullback!
We have an ABCD PATTERN That did complete, 38.2% whole trend fibs
retracement and we also have an EMA50 on weekly timeframe that
got hit. I'm expecting a minimum retracement to 1230.