TradeChartPatternsLikeThePros

TradeChartPatternsLikeThePros

Hello Awesome Traders! I trust you had a rejuvenating weekend and are geared up for the exciting trading opportunities the new week has in store. Let's dive right into USDJPY, where a compelling setup awaits our attention. USDJPY has formed an ascending triangle pattern on its weekly chart, signaling a potential bullish move. The recent breakout above the...

TradeChartPatternsLikeThePros Updated 

Hello fellow traders! Today, let's dive into one of the most traded forex pairs, the EURUSD. The EURUSD, also known as the Euro-Dollar pair, represents the exchange rate between the Euro and the US Dollar. It is one of the most liquid and widely traded currency pairs in the forex market, often influenced by factors such as economic data releases, geopolitical...

TradeChartPatternsLikeThePros Updated 

Hello traders! Let's revisit the CADJPY chart and provide an update since I shared the idea on August 17. It's time to clarify things. Our focus is on CADJPY, where an interesting Cup and Handle Pattern is taking shape on the daily chart. For a more in-depth understanding of Cup and Handle patterns, you can check out additional resources here:...

TradeChartPatternsLikeThePros Updated 

Hello traders! Let's delve into a promising trading setup on the GBP/USD pair. On the daily chart, GBP/USD has formed an ABC bullish pattern, indicating a potential upward movement. The pattern is accompanied by a 50% Fibonacci retracement level, adding to its significance. Entry Level: The long entry level (EL) is identified at 1.2428. The price is currently...

TradeChartPatternsLikeThePros

Hello awesome traders! It's been quite a ride with EURJPY since April 10, 2023. Let's delve into the charts and analyze some key levels to guide our trading decisions. Weekly Chart Analysis: The weekly chart reveals a symmetrical triangle pattern, which I previously shared on TradingView back in April 2023. This chart holds significance as it demonstrates a...

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NZDJPY is trading a Rectangle channel below the MID: 84.320

TradeChartPatternsLikeThePros Updated 

Hello Traders! Let's delve into the EURJPY daily chart, where an intriguing opportunity is unfolding. The current setup illustrates a U-shaped pattern, resembling a classic cup and handle formation within an existing uptrend. A distinctive U-shaped pattern, indicative of a cup and handle formation. Noteworthy uptrend in the market, enhancing the validity of the...

TradeChartPatternsLikeThePros Updated 

Hello traders! 🌟 I hope you're having a fantastic weekend. As we gear up for the trading week, I've spotted an exciting opportunity on GBPJPY that I wanted to share with you. Trading Setup: GBPJPY Cup and Handle Pattern ☕🖐️ The chart reveals a classic Cup and Handle pattern. Key Breakout Level: Keep an eye on the breakout level at 188.661. Cup and Handle...

TradeChartPatternsLikeThePros Updated 

Hello Awesome Traders! Let's take a closer look at EURJPY today. The price action is currently indicating a rectangle channel, and excitingly, the price has just broken above the UPPER TRENDLINE at 165.363! Here are the key levels to watch: UPPER TRENDLINE BREAKOUT: 165.363 Mid: 163.803 LOWER TRENDLINE BREAKOUT: 162.294 With this breakout, we're eyeing...

TradeChartPatternsLikeThePros Updated 

Hello traders and welcome, Today, we are delving into the world of gold, and it's high time for a fresh analysis of this precious metal. On its weekly chart, gold has formed an ABC or 123 pattern. Let's dive deeper into the concept of the ABC pattern: Traders base their buy and sell decisions on the analysis of historical price data and the identification of...

TradeChartPatternsLikeThePros Updated 

Greetings, traders, and welcome! Today, let's explore GBPUSD, which has formed an ABC bullish pattern on its daily chart. Currently, the price is trading above the long entry level (EL) at 1.21636. This promising setup unfolds with further potential, targeting Zone 1: Targets Zone 1: 62% AB at 1.28684 79% AB at 1.30976

TradeChartPatternsLikeThePros Updated 

Hello Traders! Let's delve into the recent movements of Gold (XAU/USD) on the daily timeframe, exploring potential opportunities: 📉 Patterns Unfolding: V Bottom & AB=CD Formation The charts reveal the presence of a V Bottom pattern, coupled with an AB=CD formation, signaling the potential for a bullish upswing. 🔍 Current Scenario: Notably, the price has...

TradeChartPatternsLikeThePros Updated 

CHFJPY has formed a C&H pattern on its weekly chart. The price is trading above the Breakout: 149.799. ST: 143.377 Targets: 62%: 179.736 79%: 87.879 100%: 197.640

TradeChartPatternsLikeThePros Updated 

Hello Traders and welcome! Let's take a look at the S&P 500 today. The price has formed a cup and handle on its weekly chart, successfully breaking above the breakout level of 4815.92. Levels to consider are 38%: 5325.92, where partial profit could be taken, and this level might be used as support in the near future. Further targets are 62%: 5634.84 and 79%: 5857.40.

TradeChartPatternsLikeThePros Updated 

Hello traders, and welcome. Let's take a look at the DAX index, presenting a great trading opportunity. The DAX, on its weekly chart, has formed a cup and handle pattern, and the price has broken above the breakout level at 16305.21. Stops are placed at ST: 15465.59, and the target zones are as follows: Zone 1 at 62%: 19078.70 Zone 2 at 79%: 19817.23

TradeChartPatternsLikeThePros Updated 

GBPJPY is trading a diamond continuous bullish pattern on its daily chart. The price is trading above Mid: 160.498 and approaching the Breakout: 172.129. Stop below the low previous to the Breakout: 172.129. Targets: 62%: 186.658 79%: 190.717 100%:195.674

TradeChartPatternsLikeThePros Updated 

GBPJPY ins forming a cup and handle pattern on its daily chart the price is trading below the breakout 172.136. ST: 169.913 Target zone 1: 62%: 182.524 79%: 185.309

TradeChartPatternsLikeThePros Updated 

**Greetings Fellow Traders! Welcome to Today's Insight.** Today, we're diving into the world of cryptocurrency, focusing our attention on ETHUSD. A remarkable trading opportunity is unfolding, and we're here to explore it together. 📊 **Chart Analysis: ETHUSD Harmonic Gartley Pattern** On the daily chart of ETHUSD, an advanced harmonic pattern known as the...