pinoso

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There's a deep crab in proccess at this moment and the candlesticks and price action seems to react to this zone. I think it would hit TP1 and then continue to fall. So for short periods, I see this pair with long opportunities. Pay special attention to 1.045 as it could act as a resistance. Do you have any other ideas? Let me know on the comments.

pinoso Updated 

Although the market is consolidating, the market is moving on a price range and making a rectangle pattern. We just have to wait for the price to give us the entry whether is a sell or buy. I'm inclining to believe that gbpusd will go for a short position and mostly because we've been in a bearish market this past months, but we just have to wait for the price to...

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After the big bearish move, the market seems to make a pullback. The market has made a W pattern and it has already retested it so it seems the market will look go up a bit. As the W pattern is not perfect, there's 2 targets: first green line and second green line above the first one which are the price range movements of the patterns. This is on 15 minutes, so...

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As expected, market did reacted on the harmonic zone. it has had bearish movements since we entered. EURCHF had a higher high when it went to the PRZ of our entry point. Because of it I thnik the Price will bounce on the new TP stablished which is 1.03525. I still think it will continue it's way so we keep. Therefore, I recommend short positions for the following...

pinoso

Meanwhile we wait for the big bat pattern to materialize, at this moment there's a butterfly pattern on a small time frame, because of it we know the market is behaviouring bearish. So we could look for bearish positions. Target would be the possible entry for our bat pattern. Do you have any other ideas? let me know on the comments.

pinoso Updated 

There's a butterfly pattern (extended B point) and it has already hit the PRZ and entry point. Bearish candles confirm that the price has found resistance. So it would be a good idea to look for short positions. Target would be 1.2915 in which is the first TP.

pinoso Updated 

Bat pattern spotted on EURCAD and has found resistance near the X point and a little bit further from de D point. I think it's a good momento to sell as candles on 1H are showing bearish thoughts and this 4H candle almost closed is showing indecision. Target would be 1.365.

pinoso Updated 

There's a strong possibility to sell EURCHF. There's an ideal bearish AB=CD pattern on the entry point of a Gartley pattern. This is an extremely harmonic set-up and I recommend short positions at the moment. AB=CD has the ideal relationship of 0.618 : 1.618 and almost the same lenght of time of the price legs AB and CD. Target would be 1.0340 for the first TP.

pinoso Updated 

Although I wouldn't trade this set-up because of the harmonic pattern, I find that zone as a good resistance. When the price gets to that zone, check for short position opportunities at lower time frames. I still think the EURUSD pair is too consolidated to trade at the moment. Check for 1.06080 price.

pinoso Updated 

Butterfly and AB=CD pattern has been spotted on EURGBP. It will be a good opportunity to sell here.

pinoso Updated 

Butterfly pattern spotted. We're aiming to TP 2, but going to TP 1 it's okay and protect when it goes to TP1.

pinoso Updated 

Crab pattern spotted at GBPUSD to buy. Notice that this pattern is visually form on 30 minutes or less. It already gave candlestick showing that the price may reverse. We're aiming for TP1. Do you have any other ideas? Let me know on the comments.

pinoso Updated 

At this point there's a strong consolidation on the price. But if you see careful there's a flag pattern formed on that conoslidation that can mean a short position. If that happens, we'll wait for the zone where a bat pattern may be formed. Anyway, if we decided to trade, I recommend to reduce risk because of the consolidation. TP will be the green line and SL...

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After a flag pattern and the big sell taken yesterday with a 100 pips profits, the price is almost to a support found around 99.400. I'm expecting a long position at that price, but I need price action reaction on that zone that confirms to be a support. If traded, target would be 100.600.

pinoso

There's a possibility to buy LUNA around 50-52. There's also a confluence with an AB=CD pattern. Just wait for the price to go to the zone and its price action. Target will be green lines. Do you hvae any other ideas? Let me know on the comments.

pinoso

There's a bat resistance that is right on the entry point of a bat pattern that can be formed. If the price goes to that resistance, then we have to see the price action because there's a trading opportunity to sell EURCAD.

pinoso

There's a AB=CD pattern as 0.706 : 1.41 relation. We could say there's a gartley pattern that is reacting way above the entry point as it usually is for a Gartley pattern (0.786), so there's another confirmation. We place SL just above the previous high. We are aiming for the second TP, the first TP is the nearest green line from the entry point. Do you have any...

pinoso Updated 

Notice this is on 30 minutes chart. There's an opportunity to buy on EURUSD. On this analysis, Gartly pattern may be formed at that support and enter the trade at point D when we have confirmation such as candlestick pattern. I'd place SL on the red line and TP on the other 2 resistance which are the green lines. I'd look for the first resistance as a target and...