Tight stops on this great trade on EURAUD. TP 1: 1.4768 TP 2: 1.4861
Wave 4 is about to complete! watch for wave 5 :)
Our C leg rejected at the .618 retracement level. From C-D we have price already breaking past the B point. Going into next week we are looking for some nice setups to the upside if price continues lower.
Hi guys this is my first Harmonic Pattern's idea! Tell me what you think, if I'm wrong something and give me advise. Thanks for thumb up! FX:USDCAD
Potential Bat pattern forming. D point is at a level where there was some previous structure (near the X point). There was also a Gartley pattern which was invalidated yesterday and so there is a possibility that price action could continue up beyond the D point of the Bat to a previous level of resistance at 1.32373 and invalidate the Bat but that is trading!...
Unfortunately, I need to go sleep, so i have to make a sell stop order. expect some down move, then up when the correction is over. Entry when RSI=70.
Hi guys i am starting a challenge where i will do 100 trades and see what my win trade is after the 100 trades. You can follow if you want. First trade is a head and shoulder + strong trend line and a bigger pullback to the 0.618 & 0.5 levels. Still waiting to short keep you guys updated Current trades : 0 Current winrate : 0
Elliot Waves setup for next week Chart speaks for itself.
Watch Support become resistance zone Short after confirmed. Target TP at the Lower Low
Okay traders, we had pretty aggressive downward move and after that price created rising wedge at H4. Sell the breakout of bottom line. Good luck!
There is a Massive Bat pattern on the Gbp/Jpy. Now it almost completed, it was about 15 pips short, which can be a potentially good thing. Since this pattern can have between 150 - 200 pips of risk depending on how you place your stops, if Price action will push back up and double top with bearish divergence you can then enter NBM and drastically reduce your risk...
Hello traders, this is our first post via this platform. This week we have been presented with a selling opportunity on GBPUSD. 1. We have a completed Gartley pattern 2. Zone of major resistance- This zone has been held for the past 2 months. 3. RSI divergence-We have put in some bearish divergence, signalling weakness in the recent up move. 4. AB=CD - This...
Look to go long on this pair once the side ways consolidation results in a breakout to the up side for wave 5. expect some price swings to wave 5 completion. Trade your plan. AndyG