UKOil could provide a great opportunity within this week or the next as long as the pattern is completed and it reaches the PRZ zone and provide a good confirmation candle.
USDCHF could provide a good long trading opportunity within this week or the next as long as the pattern gets completed, price breaks the B point, and when it reaches the PRZ zone provides a good confirmation candle.
EURHKD could provide good opportunities for a long trade when it reaches the PRZ zone as long as it gives us a confirmation candle for entry. Keep an eye on price action around the marked area.
EURJPY is approaching my PRZ zone. It could reverse from current level or any of the marked areas. Wait for a confirmation candle and then a trade could be taken for a long opportunity.
AUDJPY is near my PRZ zone. Still awaiting for a candle confirmation. It could reverse from current level or near the marked areas.
CADJPY completed and confirmed the pattern that I have been waiting for 1 week. Long opportunities could be taken with small stop loss targeting the marked levels.
IMPORTANT: FOR VALID ENTRIES LOOK AT MY PREVIOUS IDEAS REGARDING THIS PAIR: This current idea is just solely based on the study of price and repetitive patterns of the market. The only patterns that have been fully confirmed are the ones posted on my previous ideas which are the AB=CD and I am still waiting for validation/ completion of the Gartley Harmonical...
LTCBTC, as we can see on the charts have been on a massive downtrend for a couple years. Price tried to break above the resistance line (long term trendline) but failed to stay above. For many that could be a bad sign but in my experience that usually happens often when price is showing signs that the trend could reverse, in this case, could be for the long term...
Citigroup rejected nicely from my prz zone. Expect a long term move to the downside.
AUDJPY seem to have confirmed a Bullish AB=CD pattern which will allow price to head for its next wave to the upside. Keep an eye on the price action for entry.
I previously posted about this pair in that it should soon become bullish and start an impulsive wave. Keep an eye on price action for entry. Take profits at the 0.382 and 0.618. runners could be left for long term.
CHFJPY bounced nicely from the bullish trendline and prz zone. Price may continue the bullish momentum from here without a pullback but for those that didn't get a chance to enter then if price pullsback it could be a great opportunity to take a buy from there.
CADJPY is currently struggling to break the area in where is trading right now. Failure to break this structure could push price lower. However, as for my personal preference, I would prefer for price to reach my marked area with the blue rectangle as it will not only confirm my pattern, but also provide me with a greater risk to reward trade.
As cryptos show signs of possibly doing a deep daily pullback it is important to understand that structure remains bullish. Keep an eye on the marked areas for possible reversal and uptrend continuation.
Cryptocurrencies are showing signs of creating a deep daily pullback. If the pullback gets completely confirmed, then the area marked is a key level in where price could reject and continue the uptrend. The area is quite big and can be either the .50 percent or the level marked as blue. Keep an eye for price action in case price decides to pullback so we can be...
CADCHF is reaching slowly our potential reversal zone. It is important to look at price action when it reaches the marked area and wait for clear rejections before opening a position.
Visa stock is near our area of interest. Rejections in this area could allow price to push to the upside in order to continue the bullish uptrend. Area must remain respected in order for positions to be opened.
AUDCAD is setting up for a pullback. if price reaches the marked area and confirms, then longs could be closed and positions could be switched to shorts for a possible bearish continuation. If it does not confirm, then long positions could remain open.