Pattern: Channel Up on 4H. Signal: (A) Bullish as long as the price is trading above the upper level of the Support Zone, (B) Bearish as long as it breaks below the lower level of the Support Zone. Target: (A) 1.1450 (just below the Higher High of the Channel Up), (B) 1.1050 (expected contact with the 4H MA200). ** Please support this idea with your likes and...
Pattern: Channel Down on 1D within a long term (1.5 years) Channel Up. Signal: Bearish as long as the price is trading (even if it breaks and later comes back in) within the Channel Down (dashed lines). No trade within the Red Triangle Zone. Bullish if the Higher High trend-line of the Channel Up breaks. Target: The 1D MA200. ** Please support this idea with...
Pattern: Testing the 6 month Support. Signal: Bullish as the RSI and the 2018 fractal indicate a potential rebound here. Target: 10.8000 (just below the 0.786 Fibonacci retracement). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
Pattern: Channel Down on 1D. Signal: Bearish as the price entered the Sell Zone (red rectangle) of the pattern and is still below the 1D MA200 (hasn't been crossed since March 30). Also the RSI is on its 2 month Resistance. Target: 1.08200 short-term (the Higher Low blue dotted trend-line) and 1.07000 medium-term (top of the Buy Zone of the pattern). **...
Pattern: Channel Down on 1D. Signal: Bearish as long as the Lower High trend-line works. Target: 1.7530 (Lower Lower trend-line). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** Most recent signal:
Pattern: Channel Down on 1D. Signal: Buy inside the Green Zone, Sell inside the Red Zone (in accordance to the Blue RSI Rectangle as well). Target: 1.09300 and 1.0700 respectively ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** Recent EURUSD signal:
Pattern: Pull back towards the 1W MA50. Signal: Bullish once the price makes contact with the 1W MA50. It is a recurring pattern since 2014. After a Channel Down, the price breaks upwards the then pulls back for a bounce on the 1W MA50 before making a new High. Target: 1.6000 (just below the Resistance). ** Please support this idea with your likes and...
Pattern: Channel Down on 1D. Signal: Bearish as the price is testing the 1D MA50, which has previously been a rejection point. Target: 1.07150. * This is a continuation of our previous Sell Signal which has already hit its first (1.08350) target:
Pattern: Rectangle on 4H within the 0.382 and 0.618 Fibonacci levels. Signal: (a) Bullish if the 4H MA50 (blue) breaks, (b) Bearish if the 4H MA200 (orange) breaks. Target: (a) 1.14000 (the 0.786 Fibonacci retracement level, (b) 1.08000 (just above the the 1D Support).
Pattern: Channel Down on 4H. Signal: Bearish as the pattern broke below the former Higher Low trend line made a Death Cross and the 4H MA50 rejected the last spike. Target: 1.10400 and 1.1000 in extension.
Pattern: Channel Up on 1W (dashed channel). Signal: Bearish as after the price failed to cross the 1M Resistance Zone, it got rejected on the 1D MA200 and the Channel Up broke to the downside. MACD also rolling over. Target: 1.1460 (symmetrical Support A) and 1.1000 (symmetrical Support B).
Pattern: Double Top on 4H. Signal: Bearish if the previous low (1.12900) breaks (last time failed). Target: 1.1115 (1W Support).