Harmonicmoves
Already completed Bat formation on USDJPY,60 min chartHi guys,
We have a bearish bat formation on hourly chart, which is already triggered and tested PRZ half way.
And also this zone is previous support/resistant structure.
This one can be good trade with risk reward around 1.5 at the first target 38% FIB lvl even when you place stop loss 10 pips above the whole PRZ, you can aim for target 2 at 61% and so on.
If you are not on this trade yet, there is still time to get on the train when market opens on monday!
Good Luck
Sam
GBPNZD. BULLISH BAT PATTERNHere we have a beautiful high probability bullish setup
A nice bullish Bat pattern confirmed with 2 AB=CD move
Potential Minor price rejection at 1.74000
Potential target 1 above the Minor price at 1.76282
Trade safely guys !
(For me, trade will be taken if price goes outside the Bollinger bands & RSI overbought/sold)
AUDCAD. BULLISH AC=CD PATTERNHere we have a beautiful high probability bullish setup
A nice bullish AB=CD pattern
Potential Half major price rejection at 0.95000
This pattern can confirm the Cypher pattern
Trade safely guys !
(For me, trade will be taken if price goes outside the Bollinger bands & RSI overbought/sold)
GBPUSD 2618 SETUP A 2618 Trade setup looks to be developing on the daily time frame. Price action broke through Trendline support of the correction channel. If price retraces to 1.26000 which is also a retest of the trendline and psychological resistance area, we are looking to short this pair. Stoplosses at the previous high - 1.27800 and Profit Target 1 - 1.24000 area Target 2 - 1.22000 area.
Outlook on UJ for next year, keeping short bias Hey traders! I'm still looking this as a monster zig zag correction with a deep B wave correction based off election hype! If you like the chart give it a thumbs up! If you think it's a dumb idea let me know! :)
I'll be looking on lower TF for set ups!
Have a good weekend everyone, & thanks for taking a look! :D