Hello Traders, I have observed Bullish Bat Pattern on AUDCAD. I have highlighted Potential Reversal Zone (PRZ) for short entry. Here, PRZ is made of 0.886XA, 1.27AB=CD and 1.618BC Fibonacci ratio confluence. This potential trade has a risk/reward ratio of 1:1.4 for Target-1 and 1:2.4 for Target-2. Follow this idea for further updates. Happy Trading!
Hello Traders, I have spotted Bearish Butterfly Pattern on EURNZD. I have highlighted Potential Reversal Zone (PRZ) for short entry. Here, PRZ is made of 1.27XA, AB=CD, 2BC and 2.24BC Fibonacci ratio confluence. I am expecting that price will resist in this area and reverse. Follow this idea for further updates. Happy Trading!
Hello Traders, Here's another Bearish Cypher Pattern on my list today. If we get filled, this trade set-up has a risk/reward ratio of 1:1 for Target-1 and 1:1.6 for Target-2. Follow this idea for further updates. Happy Trading!!
Hello Traders, I have observed bearish flag pattern on EURUSD hourly chart. One can look for short entry if price breaks and closes below flag. Trade levels are mentioned on the chart. This potential trade set-up has risk reward of 1:1.7. Happy Trading!!!
Hello Traders, I have spotted 2 potential harmonics on USDCAD hourly chart. Small potential Garley is formed inside a Cypher. Happy Trading!
Bullish Bat pattern is about to complete on weekly EURNZD chart. RSI is already showing positive divergence.
Hello Traders, I have spotted Deep Bearish Crab Pattern on AUDNZD. I have highlighted Potential Reversal Zone (PRZ) for short entry. Here, PRZ is made of 1.618 XA, 1.618AB and 2.24BC Fibonacci ratio confluence. I am expecting that price will resist in this area and reverse. This potential trade has a risk/reward ratio of 1:2.4. Follow this idea for further...
Hello Traders, I have observed potential Bearish Bat Pattern on USDCAD hourly chart. Potential Reversal Zone (PRZ) is highlighted for short entry. Here, PRZ is made of 1.27AB=CD, 1.618BC and 0.886XA Fibonacci ratio confluence. This potential set up has a risk/reward ratio of 1:1.35 for Target-1 and 1:2 for Target-2. Follow this idea for further updates....
Hello Traders, Here is another potential Bearish Bat Pattern on GBPNZD daily chart. Potential Reversal Zone (PRZ) is highlighted for Short Entry. Here, PRZ is made of 1.618BC, 0.886XA and 1.27AB=CD Fibonacci ratio confluence. This potential set-up has a risk/reward of 1:1.4 for Target-1 and 1:2.2 for Target-2. Follow this idea for further updates. Happy Trading!
Hello Traders, I have observed potential Bearish Gartley formation on GBPJPY. Potential Reversal Zone (PRZ) is highlighted for short entry for potential swing trade. Here, PRZ is made of AB=CD, 1.27AB and 0.786XA Fibonacci ratio confluence. This potential set up has a risk/reward ratio of 1:1.2 for Target-1 and 1:2 for Target-2. Follow this idea for further...
Hello Traders, I hope everyone had a profitable week. Here is something for the next week.. AUDJPY is in consolidation zone in a rectangle channel since last few days. It seems like price is resisting and will make downward move to retest the support area. Latest Engulfing Candle on resistance level and an overbought RSI indicate short entry.
Bearish Cypher is about to complete on AUDUSD. An opportunity to go short.
Bullish bat pattern is near completion. Enter long on completion of the pattern.
It looks like potential Bullish Gartley is being formed on EURCAD. Enter at the completion on the pattern.
2618 trade opportunity on GBPAUD. Good Luck!!!
Here is another bat pattern near its completion. Enter long at completion of the pattern.
It looks like bullish Cypher pattern will complete on CADCHF.
Symmetrical Triangle is observed on CADCHF. Price will test 0.79500 if it breaks and closes above support zone and a triangle.