EURUSD - Yeah I am still in that EURUSD SHORT setup! We are now on a strong MONTHLY SUPPLY & DEMAND AREA and the market did complete an perfect ALTERNATE BAT with an 113% XA leg extention and 261.8% BC projection leg. - We also have a WEEKLY BOLLINGER EXTENTION.
EURJPY - We have a HUGE AB=CD Pattern. A perfect ABCD Pattern is normally 61.8% and BC projection is 161.8%. And this one is exactly these fibs %. PLUSS!!! We have a Huge bollinger Bands overbought level on daily and weekly timeframe! - Trade with care!
XAUUSD - I know what you guys think... "What kind of Bat Pattern is this??!!?!!"... Yeah it is a valid BAT PATTERN. BAT PATTERN can actually do an EXTREME extention to 314% of BC projection. A bat pattern can easily become an ALTERNATE BAT PATTERN that NEED to stick WITHIN 113% of XA LEG and 314% of BC projection to be valid. On this chart we are within 113% of...
BTCUSD - Simple analysis? 1. Daily SMA50 Level 2. Broken Triangle 3. H4 Bollinger will be overbought at the TP level. - I don't trade BTCUSD, so this is really just an idea that could happen and this is the way I would be trading this setup now if I would be trading BTCUSD. But again, I'M NOT! Trade with care!
AUDUSD - We will see how this setup developp. If AUDUSD keep going down during week, I will be chasing a buy in the lower supply&demand area that I just drew on this chart. The reason is simple, we would have 61.8% of the whole trend fibs level and an ABCD PATTERN. Thats only if AUDUSD retrace till 38.2% fibs level from the current level, because the opposite of...
USDCAD - 1. Extreme Bearrish Harmonic Impulse. 2. Monthly Supply & Demand Area. 3. Oversold Weekly Bollinger Band.
CADCHF - 1. Bat Pattern 2. Strong Resistance area 3. 1-2-3-4-5 Eliott Wave Pattern 4. Strong trendline 5. Overbought Bollinger Bands (DAILY) - This week will be an good week for every CAD pair with the upcoming RATE HIKE that POLOV plan on doing. Honestly I don't think it will really push the CAD UP and might even push it DOWN because POLOV announced it in the...
EURAUD - 1. GARTLEY PATTERN. 2. 1-2-3-4-5 Eliott Wave Pattern. 3. Bollinger Daily Oversold Level.
NZDCAD - 1. Bullish Bat Pattern 2. Weekly Oversold Bollinger Band level. 3. Monthly Supply&Demand Area.
CADJPY - There is another great possible scenario here. First of all, CADJPY on daily timeframe, bollinger bands is really OVERBOUGHT. Then when i'm looking at it with an harmonic eye, I see a perfect BAT PATTERN that actually complete within the gray rectangle.
I can see a nice BAT PATTERN with a beautiful bollinger bands extention on H4 with an ending diagonal currently in formation. Longer term im pretty sure GBPJPY will go UP but I'm pretty sure we can jump on this retracement phase and catch some good pips.
I'm expecting GOLD to go down until 1224 or around that level. Tomorrow we have Yellen that will speak and normally she pull up the US dollar! - So we have an BAT PATTERN that will be complete at 1220-1224. Daily Bollinger Bands will be oversold around the same level. We also have an 1-2-3-4-5 Eliott Wave Pattern that will complete the fifth wave! - My target...
USDJPY - 1. Butterfly Pattern 2. Bat Pattern. 3. Important level. - I will see how this pattern develop and keep updates on this charts. - Also Bollinger Bands would be really Oversold on DAILY timeframe.
Quick recap on this EURUSD... Basically on the monthly and weekly chart we are on the 3rd time on this level. It mean that it will drop one more time before going up. When we have weekly/monthly pattern or support ressitance hit. we are talking about huge reversal. So basically i'm still short for now 2 weeks on this pair and i'm not about to go long. So I...
Quick trend continuation level. Volume is getting lower getting ready to reverse. I will TP 1243 but i'm expecting lower than that. a good 140 PIPS short! Lets do it. Have a nice week everyone.
I prefer being ready for an alternative scenario, i know, at the beginning of the week i was expecting a drop from NZDUSD but the market been pretty quiet this week. IT MIGHT DROP from the current level. BUT !!! I prefer be ready for what I think will really happen. AGAIN... THE MARKET MIGHT REVERSE JUST NOW. BUT!!! IM READY!!! -- THE HARMONIC PATTERN CURRENTLY...
1. BAT PATTERN 2. BOLLINGER OVERBOUGHT 3. 1-2-3-4-5 WAVES PATTERN WOULD BE COMPLETE.
Here is my EURNZD view. I see a beautiful AB=CD pattern that would also complete an 1-2-3-4-5 Eliott Waves Pattern. On smaller timeframe we can also see another AB=CD pattern. Bollinger band is also oversold on mutiple timeframe. It is also a strong supply and demand.