AB
EURAUD: Looking for a Bearish RunIf we end up getting a LLLC here on the EURAUD, my prediction for the next place that we'd see some buying pressure at is down at the 1.5050's-1.4950's level.
As a buyer, that's where I would look next if I'm interested in trying to catch a pullback. If I'm a seller, then I'm looking for a retest of previous structure & a chance to hop on the downward move in anticipation of the level mentioned above.
Akil Stokes
Chief Currency Analyst & Head Trading Coach
www.TradeEmpowered.com -The Premier Online Trading Education Company
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GBPNZD Scenarios1) AB=CD pattern completion at 1.1960 (1st chance to short)
2) Possible BAT patttern at the same level -also a DT (2nd chance to short)
3) Break of 1st minor trend line (3rd chance to short)
4) Break and retest the mayor trend line - We are in an uptrend so maybe the pair to check the mayor trend line and continue upward
Each trading setup has different rules about the TP targets and SL so make sure you follow them
(1h) Target Extensions // IF=THEN FX:CHFJPY
Sell the breakout, buy the patterns.
Broken Structure;
Nice cluster below the 127% extension:
61.8% of XC;
141% ext. ab;
161% ext. bc;
This will complete an ab=cd pattern.
Safe Trades;
Fun with Fibonacci!Fun with Fibonacci!
Fibo here, Fibo there, Fibonacci everywhere!
I have found the 0.382 level
important for change in trend.
lets see how it will works
EURNZD Pending Bullish ABCD Pattern At Key LevelIn my previous post on EURNZD i posted the potential of a big move in the coming weeks. After the breakout price is in a consolidation and it's about to complete a bullish ABCD pattern with D point at the broken long term downtrend. This pattern has great chances to start this upcoming rally.
For my previous analysis on EURNZD click the link below this post..
Bear Advanced Pattern FormationWe expect to a have a retest of structure, then up to our previous resitance, and then hit our target :)
USDCAD Potential AB=CD Pattern?Is this a possible AB=CD Pattern? The last structure to the left is back in May/June 2015. But we are not oversold, so I am not shure about this pattern. Maybe if we double bottom, there is a long opportunity.
Thanks for your suggestions and kind regards,
Funkymonkey
GBPUSD SHORTSHORT GBPUSD ON COMPLETION OF 2 GARTLEYS ON STRUCTURE, RSI IN OVERBOUGHT ZONE, COMPLETION OF AB=CD, HARMONIC MOVE, 127% FIB EXT, 1414% FIB INV
GBPUSD Short ideaPotential Gartley and ABCD harmonic patterns to trade plus the completion area of gartley at a strong resistance area. Like if you agree and you're welcome to share your opinions.
Full of patterns on EURO???Market is trading below a significant resistant since sept 2015 plus there is several possible patterns. In the red is a good area to go short. This market prediction is just my opinions. If you agree hit like button, or you can share your view.
USDCAD short From 1.3650 USDCAD short Open 1.3650
SL/ 1.3751
TP1: 1.3521
TP2:1.3430
TP3:1.3353
TP4:1.3316
EURUSD: BREAKING DOWN A KILLZONE on the Euro (VIDEO)Here's a video of the breakdown we performed on the EURUSD in this morning's Live Trading Room www.youtube.com
If you're interested in trading with me Live, check out our FREE 1 week trial. See you in the room!
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Akil Stokes
Chief Currency Analyst
www.TradeEmpowered.com
Elliott wave + AB = CD PatternSelling third wave below one pip of wave (1). This trade is also valid according to AB = CD pattern.
