Back again with some more technical analysis. This time on what I believe to be an Alternate Bat on the EURCHF 4hr. I will be keeping my eye on this one over the next week.
Starting off the week with some technical analysis. This time on the GBPUSD 4hr. It seems a bearish bat is forming. Definitely one I will be keeping my eye on over the coming days. The market appears to be down trending. The only fault I can see as of right now which might affect the trade is the trend line I have drew in, it has multiple points of contact and...
Back at it again with more technical analysis. This time what I believe to be a bearish bat forming on the USDCHF 4hr. Gonna be keeping my eye on this one to see how it plays out.
Just a quick one. This is my second attempt at recognising a harmonic pattern in the market. This is also my first attempt at finding a potential trading opportunity which I believe is a bearish bat. Meaning I could potentially pull the trigger on this trade giving price hits my D point.
This is my first attempt at creating a harmonic pattern on the charts. I believe this is a bullish bat. I have matched up all the numbers and they seem to be within the required ratios. The only thing bothering me is my D point. It is within the correct ratios but the placement of the D point is causing me some confusion as to whether the placement is valid with...
My first attempt at trying to recognise a wedge in a trading situation. Another thing I am finding quite difficult so trying to get some practice in on the charts. Any feedback, comments, pointers etc are appreciated. Cheers
Second attempt at some technical analysis. This time trying to recognise a triangle in a chart. I'm finding this quite difficult to do but this is my first attempt. Again any feedback, pointers, comments etc are extremely appreciated.
This is my first attempt a recognising a trend in the market and also my first time ever working with a financial chart. I chose GBPUSD at random and tried to work out what trend the market is in here. I believe this to be a ranging market. Any feedback, comments, pointers etc are appreciated. Cheers.