💶💷EUR/GBP fall season 💶💷Quick play 💶💷A play to continue the trend and reach the 1:1 range of the last downward wave in the trend. 💶💷Breaking out at current levels. 💶💷Stop order above today's downtrend candle 💶💷Take profit at 0.8492 i.e. 1:1 fall wave. 🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow...
Clear uptrend on Silver on this time interval. Possible support level at 23.94. There is OneToOne geometry, 61.8 Fibo and potential another trendline touch
On H1 chart possible demand zone in the area 1750$. There is geometry 1:1 and harmonic pattern. Price reacted on 61.8 level, so possible bullish reaction on 78.6 or 88.6.
Price kept one to one geometry. Descending wedge pattern and more probable breaking up to continue uptrend.
Interesting support level and 3 confluence factors: one-to-one geometry, 50% fibo, previous resistance.
We can see a 1:1 pattern on the extensions (Labelled 'A'). Identical in length and gives a good tend. The pullbacks are equally 1:1 (Labelled 'B') and interestingly have stopped at a level of support. By looking at the 4hr we can see that should the trend continue, the only structural support above is the all time highs of BNBGBP. This will be a strong stopping...
Hello everyone, this is next update on eurusd as it's apporaching our buy zone which ~40 pips away. I will be looking at price action at this levels to get into long position. We have 50% fib, onetoone formation and retest of previous high. This indicate that we may see a stron support at those levels. This information is not a recommendation to buy or sell....
Will be interesting to see if the bullish move in GBP/USD continues. Obvious last pullback to 0.618 retracement. If we can break above structure to form new highs then a target of 1.272 extension looks reasonable with a 1:1 move from previous as well.
After the zloty's sharp appreciation against the US dollar on 26 May, the market seems to be able to complete the full corrective structure labeled as abc. This is a typical simple correction, where wave c may be equal to wave a. One to one pattern is at 3.99 PLN. Also in this region the previous tops and the lower limit in the trend channel are located, which...
Short-term weakness quickly overcome again, yet long-term trend analysis shows signs of climactic run WYCKOFF STORY SHORT TERM WEAKNESS INTO THE END OF THE LAST WEEK NEVER MATERIALIZED INTO AN ACTUAL SIGNAL AND MARKET REMINDED US AGAIN THAT WE ARE IN A RUNAWAY MOMENTUM PHASE OF ADVANCE DEMAND IS NOW OF SPECULATIVE NATURE AND A LOT OF INSTITUTIONS ARE RIDING...
possible cypher pattern on usdjpy....one to one measured move and 161.8 confluence completion at the cypher completion (113.145). Target 1 at 111.642 target 2 110.727 as you can see these are not the conventional targets of being exactly at the 38.2 or 61.8. I have adjusted them based of the market structure. This pattern is pretty big and will take time to play...
Nice set up.... 161.8 and 1 to 1 measured move lines up with bat completion I will still look for one or two more confirmations. (oversold conditions, candlestick pattern, double bottom if you are conservative)
Long Eur/AUD Bullish One2One 15min
Price is starting to break down 240 min chart. On the 30 min we have a potential measured move. I'm looking for price to retrace back to the .382 fib (.70451) and then continue to the 1.618 fib ext to .6980. The measured move from the .382 to the 1.618 ext is exactly the same length. Also, the .382 fib level has acted as former support. I would have my stop just...
There is bearish Gartley setting up on the 30 min time frame for all of you pattern traders.(Completes at .786 around 1.1245 depending on how you trade patterns). Even if you don't trade patterns, there is a 1.272 extension and .886 fib confluence right into a double topping formation. Along with a one-to-one extension. On the 4 hour time frame we made a lower...
This pair has been bullish in the wake of the ECB's rate cut and the increase in QE. We have nice zone (1.1215-1.1225) where we have a one-to-one confluence, a 1.618 inversion, and a .886 Fib retracement. This could be a potential zone to get long in the underlying trend. Look for price to reject this zone first before getting long. I would have my stops just...
There is a one-to-one bull flag completion at the 1.618 extension of the move. The .6720-.6740 level has acted as resistance. Price could potential reject this level again. Watch the price action. Good luck trading boys and girls.