This chart is harder to know what the market will do as it is in a consolidation. But, I'll give my point of view of what will I trade in case it gives me any opportunity. There's a flag pattern that inside the consolidation, which is usual and it could be a bearish possibility that is in theory happening at this moment. But the thing is, the market is also near...
After the failed gartley with AB=CD pattern, we can see too things the market would do: bullish because of a flag pattern (or channel, depending if you see it as geometry or harmonic theory) or bearish because of an ideal AB=CD pattern as 0.786 : 1.27. I recommend to wait for signals when it approaches to a zone marked. In that case, bearish possibility at 101.681...
I'm still thinking the price has to go around 0.72150. It seems like it retested but it's not what I'm expecting personally. Also I believe the market is going to be bearish, but be careful because of the news for tuesday and also this week on USD of non-farm.
After a big bullish move, the price seems to be consolidating and forming a rising wedge. I'm expecting the price to go up once more to 1.07440 and then fall. If that's not the case and it continues, I would expect a retest on 1.0737. Our TP would be 1.06000, although 1.06425 could be another possibility for first target. If it doesn't do any of that, then I...
I think I would take definitely the sell if it gives me the retest and show me bearish candlesticks. There's an M pattern that in theory is developing. In case it doesn't retest and go bearish from this point, I could have a bullish opportunity because of the bat pattern. So we have different scenarios: 1. If it gives the retest at 1.50236, we can take a bearish...
After a bullish market, I think we can have a bearish position right in the pullback. We have a harmonic set-up. There's a PRZ as a shark pattern entry 1 at the 0.886 that coincides with the 1.618 of the BC projection. If we look at the market where it is now at lower frames we can see an AB=CD pattern with 0.50 retracement and 2.00 projection exactly at the zone...
There's a gartley pattern spotted on CADJPY with an AB=CD pattern at the exact point where there's the 0.618 fibonacci retracement. I think this is a highly harmonic set-up because of so many ratios in one zone. The AB=CD pattern is almost ideal. I think it's a good opportunity to go short. Do you have any ohter ideas? Let me know on the comments. Note: I've...
There's a AB=CD pattern with an ab=cd pattern inside the CD leg. This is actually a good set-up and good confirmation to sell. So I'm thinking the market is going to be bearish at the moment.
Hello everyone! Just as I mention in the video, in summary and in case you don't want to see a 6-minute-video, I think the market is going to be bearish at the moment because of the resistance found. To enter the market more confident on a short position, I recommend you to wait for more bearish candlesticks as I mentioned at the end of the video. Remember,...
There's a Gartley pattern with an ideal AB=CD pattern. Honestly, because CHF has been getting stronger these days, I recommend TP1 which is 130.620. SL will be the X point. This could be a small retracement, but if it continues, then it would become a bearish market.
There's an ideal AB=CD pattern on EURUSD formed on 30 minutes time frame. I think it's a good idea to buy, but to aim to 1.05100, SL can be low (1.04500). This is an ideal AB=CD because it has proportions 0.618 retracement and 1.618 projection. Do you have any other ideas? let me know on the comments.
There's a W pattern formed and it has retested the previous resistance formed and it has acted as a support. I think it's a good idea to buy here. Our target would be the 2 green lines and I'm aiming to the first one at 0.7080. Do you have any other thoughts on AUDUSD? Let me know on the comments.
There's a gartley pattern at the moment. The market has been kind of bearish since the top high made on daily. I think the market will go to TP1 and TP2. Target 1 would be 89.680 and the second target could be 88.79 which are harmonic ratios. Also ir seems there's a small M (double top) pattern in lower time frames on AUDJPY. Do you have any other ideas? Let me...
After EURUSD hit our target on the buy because of a deep crab spotted, the price is making its way and it could react at 1.04700. I think there's a zone (which is on the blue lines) and if it bounce in that direction followed by bearish candlesticks it would confirm a short position. Target could the the previous low formed.
There's a head and shoulders formed on GBPJPY to sell. I think it's a good idea to sell and also the resistance formed has been a support in the past before. Our target would be the price lenght of the left shoulder in which we're expecting the price to go to 154.330
Last week we found a bearish Gartley pattern that hasn't gotten to the TP1 yet. Since that day, the market has been showed a bearish market on daily time frame. Now on 1H time frame there's a chance to sell when the price completes the AB=CD pattern or the harmonic pattern which is the bat pattern. The PRZ is located between 1.0445 and 1.04625. I'm expecting a...
There's a bat pattern in develope with an AB=CD. The price has been bearish lately and it seems to react to the zone. I expect the price to get to 99.415. The AB=CD pattern has similar price range and time lenght. Do you have have any other ideas? Let me know on the comments.
Theres a double top spotted on the market. The completion has ended and there's a retracement inside the the pattern in which coincides a resistance that has been acting as a support/resistance. Our target will be 126.100. Possibly it will take some days to get to our target, but I think it'll go. Also take in consideration that it could bounce at 127.00. Do you...