uk.tradingview.com Our outlook for EURUSD in the bigger picture is cautiously bearish. The pair seems to have traced or is tracing out what seems to be a large A-B-C pattern with the final leg of wave C still unfolding as shown above. However we are attentive to the clear bullish divergence on Weekly MACD as shown in chart above (red lines).
With the EURUSD we saw last week a break below a previous key level on the monthly. The pair has since come back up and found some resistance with this level. We have what looks like a bearish flag forming. We have had a 382 retracement, looking at the fib extension and fib inversion we see the 1.27 and 1.618 line up with an area of monthly support. I feel we...
Elliott Wave analysis EURUSD. Complete analysis in several languages (Spanish, English, German, French, Russian) on our website www.ciclosew.com
First chart in about 2 years (I wasn't good 2 years ago, either). If BTC lays above the 572 level this week, then we can expect a rise next week. Low volume on the most recent bull run suggests to me that we will be dropping back down into the green level before getting up into the 600s range.
WEEKLY BULLISH ENGULFING CANDLE printed at the all important 61.8 level. Expecting further upside momentum in line with GBPAUD shorts. Targets on chart
Basically this bearish cypher already completed, but let see if we can enter again on the retest. Good Luck!
LONG TRADE : Entry : BUY @ 1.3340 Target : 1.4000 = 660 PIPS Stop : 1.3200 = 140 PIPS Risk Level : LOW RR ratio : 1:4
Here we got a potential Cypher patter completion at a long term bull trend, the trend seems to be pulling back and make lower lows beaking structure but now it looks like its gaining strenght again, so lets see if we can catch a good entry on a pullback to enter a trend continuation trade. We only got one target here as the trend direction is kind of unknown at...
Here we got the infamous Bat pattern that gives us that good R:R we loves so much to get the week started. The setup appeared after we got a good cluster of double / triple bottoms to make a "floor" or a support area where we can put our stop behind to give os some protection. Bear in mind this is a very counter trend trade, but its also a high reward one! On...
Earlier today i shared a Cypher pattern that i got a pending order at, but now il looks like we formed a bearish bat pattern also with the 4hr trend, so if price retrace all the way up there, we got a really nice R:R trade waiting for us with the intra day trend. Look for RSI to go near oversold condition! Kind regards Thomas Jeff
If you´ve been following me the euro have been very good to us this past weeks with 3 winning trades and 1 loss. For monday i´ve got a Bullish Cypher pattern if price heads south to but it up at strong Support. If price heads north we are gonna sell it at the blue Bat pattern at a lesser, but still good reistance area, but compared to the Cypher this pattern got...
Here we got another one of the infamous harmonic patterns with trend on the 4hr timeframe. This pair have been a little choppy the past weeks, so look out for how the price action is going to behave. We need an over sold RSI and a good retracement. Since this is a with short term trend we got 2 targets, i recommend to close half position at target 1, move stop to...
Here we got a yet another Gartley pattern with a little bit better Risk : Reward than the previous one. The stop placement is kind of a compromise, it should actually be above the las structure high, where i got the circle but it will make an inverted risk reward to target 1. So let´s hope the Greek nightmare decissions will not kill us on this Kiwi trade in the...
Here we got one more of the infamous bullish Cypher patterns in a very sideways choppy market, RSI still needs to come down a lot just as price have to, so watch out for the price action when we get more near the entry level. We got a lot of news this week so it can make for some even more choppy market conditions. Kind Regards Thomas Jeff
Here we got a potential Bearish Cypher pattern about to complete on this sideways / uptrend madness that nobody wants to trade, but thats what patterns do best! Lets look out for the RSI to go over bought and then we sell like there is no day tomorrow! =D The offer on an entry to the Advanced pattern trading room here on TradingView is still open so please PM me...
Here we got yet another of our simple patterns, going short on yet another trend continuation trade, look out for RSI is going oversold - so watch price action from now on. Price action made a double bottom so we are looking to catch a retracement and there for only got 1 target. If you have been following me and have followed our track record of now 631 pips...