Bearish Harmonic Pattern USD/CHF 4H.
There seems to be a possible double bottom formation occurring around the 5.35 area. The first V sectioned of the market shows a reversal upwards and the next V section shows even more upward momentum. I'm hopefully waiting for it to hit the 5.35 area so I can buy it and go long and I will take another trade straight after the first one takes profit cause of...
Hello Traders, Check out a potential BAT advance pattern completion on the USDJPY 4H chart for a bearish opportunity. Good luck in the markets ! Leitmotiv
Hello Traders, Check out 2 Gartley advance potential patterns on the GBPJPY 4H chart, one with a bearish opportunity and the other with a bullish opportunity. Risk/reward profiles are good in both case. In this case, you can place limit orders in both directions and wait and see. If one hits, you can cancel the other order. If you want to be really aggressive,...
Hello Traders, Check out 2 Gartley advance potential patterns on the GBPUSD 4H chart, one with a bearish opportunity and the other with a bullish opportunity. Risk/reward profiles are good in both case. In this case, you can place limit orders in both directions and wait and see. If one hits, you can cancel the other order. If you want to be really aggressive,...
Good evening ladies and gents. Right now on the D chart, I see a retest of the previously broken support line which is now acting as a support line again....this support line has been tested many times but has been broken in recent movement. Waiting for a buy stop to activate and take profit around the 5.700 region and put the stop loss at around 5.33945
Hello traders, Check out a bearish opportunity at a 4H Gartley completion. I will be looking at a targets at the 382 and 618 retracements. Stoplosses can be anywhere above the X price point. Good luck in the markets ! - Leitmotiv
Looks like a flag. If we break above resistance, we could enter at 114.166, Target 116.200, SL 113.443
Confluence signals: - Bullish Engulfing, confirms reversal and support level - Bollinger bands oversold - Stochastic crossover
Plan here is simple. Once this breaks, and retest.. Sell this level-by-level.
This is how I see The DAILY 4 to 5 completing on the H4 TIMEFRAME. I see a 5 wave down. See Chart.
We've got pin bar for intraday traders with nice risk to reward opportunity in 1-2 days close
on the 240 time frame there is a wedge pattern an this can possibly break to the downside becasue RSI is showing divergence whilst the market showing a upward moving wedge this can led to the market falling
After the last Doubletop got invalid, a higher Doubletop appaered. Possible short Setup if price closes below neckline. RSI Divergence still given.
Bearish rejection candle on the 1 hour sitting at a key level on the daily chart. If the candlestick pattern is valid look for short term or even long term holds to catch some nice pips on this pair. drop down to catch a good position to sell.
This pair is very unclear of what it wants to do so Im going to short it based on the long rejection on the bearish side. Prices are not moving higher and I'm expecting to catch some good pips as we retest the lows,
USDJPY is showing very nice rejection signs on the 4 hour so I'm looking to buy. After the buy if it respects the highs then ill be opening a short position to possibly ride the wave down if it lines up correctly