11021992
BTCUSD: 161.8% Fibonacci extensionHey traders,
This is just something I saw during the weekend, it is not a trade call. The BTCUSD went up with 100% in the past few weeks. Overvalued much?! It has no reached the 161.8% Fibonacci extension, which tends to be pretty strong. But the way it rushes up, may make it unlikely for price to take a break.
Cheers
EURUSD: My mid-term ideaHey traders,
I've been waiting for this setup for quite some time now and I feel like now is the right time to publish it. It's been a while since I posted a daily chart. So, what do we have?
White AB=CD pattern, completing at 1.09815
Black ab=cd pattern, completing at 1.09804
61.8% Fibonacci retracement at 1.09743
50% Fibonacci retracement at 1.09782
You may notice that these are just a few pips apart from eachother, so you can probably guess where the entry is going to be.
Good luck traders! Updates will follow.
PS: It's a bearish setup.
PPS: Yes, it's a messy chart.
XCUUSD: Potential bullish bat patternHey traders,
On the 15 minute copper chart we can see that we are close to the completion of a bullish bat pattern that I would like to trade. Entry will be in the blue reversal zone bar.
Today is a banking holiday, meaning that we may not see a whole lot of movement on these charts.
Cheers!
EURCHF: Bearish cypher patternHey traders,
On the EURCHF we are close to the completion of this bearish bat pattern. Completion of this pattern is at point D, from where we will roughly enter. The stop will go above X, targets will be based on previous structure.
Good luck traders! Updates will follow.
EURUSD: Potential bullish bat patternHey traders,
On the EURUSD 15 minute timeframe we can see a small bullish bat pattern taking shape. Completion of this pattern is at point D. The entry will be around 1.08620.
This pattern will remain valid as long as price does not go beyond point C.
Good luck traders! Updates will follow.
NZDJPY: Potential bullish bat patternHey traders,
On the NZDJPY I'm looking to enter long based on this potential bullish bat pattern that is taking shape on the 4H timeframe. This pattern will complete at point D.
I'm aware of the fact that the NZD has been downtrending since like forever.
Good luck traders! Updates will follow.
AUDNZD: Potential bullish cypher patternHey traders,
On the AUDNZD we can see a potential bullish cypher pattern taking shape on the hourly timeframe. The entry will be somewhere in the blue bar, between the 78.6% and 100% Fibonacci retracement of the XC move.
Good luck traders! Updates will follow as time progresses.
USDCAD: Long entry after the breakoutHey traders,
On the USDCAD daily chart we can see that we have broken the blue structure bar earlier this week. I'm now looking for a retracement back to this area and enter from there. The target will be a completed AB=CD pattern, which lines up with previous structure on the daily timeframe.
Entry: 1.35773
Stop: 1.34902
Target: 1.37880 = R:RR 2.42
Good luck traders! I will be updating this chart as time progresses.
EURCAD: Potential bullish bat patternHey traders,
On the EURCAD 15 minute timeframe we are getting closer and closer to the completion of this bullish bat pattern. The entry will be somewhere in the reversal zone, which is the area between 88.6% and 100% of the X-A move.
Good luck traders! Updates will follow.