We have possible Bat Pattern setting up on FX:NZDUSD 60min chart. We have some SR around this area on Daily chart. It may not be significant but it could be good enough to send price down to 2 potential targets before reversing :-)
I will be keeping this FX:EURJPY pair on my radar for trend continuation trade. Area marked in green box is SR on daily chart. This area also nicely lines up with 38.2 Fib retracement marked from A to C and also 61.8 retracement from B to C
We have very bearish JPY market and and I don't see an end to this until around 105.400. This is trend continuation trade with stops above previous SR found on daily
We have completed Bat Pattern on FX:AUDUSD 60 min chart
I took this FX:GBPJPY trade by looking at 1hr chart... I didn't enter the trade on D leg completion but I was waiting for price to come down to Support Level (marked in yellow) which appeared to be better entry point based on my analyses. Here we have RSI in oversold, RSI divergence, Minor/ major Support level is right at the 1.618 extension (from A to B). On a...
Something to keep in consideration on FX:AUDCAD 60min chart
We have Bullish Bat completed on FX:AUDUSD 60min chart
We might have Gartley completion/ opportunity on FX:EURUSD 1hr chart. D Leg is completing around the same level as AB=CD as a Hamonic move
We have Cypher completed on FX:USDCAD 15min chart. We also have good SR around D Completion area in the past
We might have a trend Continuation opportunity in this area on FX:NZDUSD pair. We have recent break of structure which was strong Resistance based on Daily/ 4hr chart and in this case, this should become support for the future.
I am looking at structure on this FX:USDJPY pair for potential buy opportunity. We have support marked in green and this is based on Daily/ 4 hr chart. Price already reversed based on previous Support but in the recent move, that price was broken. Me personally, I am going to wait for price to hopefully drop down further, somewhere in the area marked with blue...
We are coming to an area of potential reversal on FX:EURUSD . This is a pretty "thick" area where the price might find resistance based on Daily/ 4hr chart structure analyses. If price does come down, I will be looking to take profit somewhere in the area marked in blue
I have entered short on this trade as we have reached major Resistance on Daily/ 4 hour chart. This Resistance held 3 times already since June 2015 and we also have a Double Top at this level. This trade offers good Risk to Reward opportunity. Will see what the market will do in the near future :-)
We have few opportunities setting up on FX:AUDCAD 60min chart... We have Cypher (blue) pattern completing at 0.98901 We have Bat (pink) pattern completing at 0.99153 and we have Gartley (yellow) completing at 0.99239. Are you going to take Gartley or Bat or are you going to wait for Cypher, that's entirely up to you :-). I do however see good SR at D...
Little late on this but I have still entered the market on FX:USDCAD 15min chart. My analyses are based on 4hr chart and what I see is downtrend and waiting for price to drop down to 1.31027 area maybe even possible to 1.30555 for the second target
We have completed Bat pattern on FX:GBPJPY 60min chart
There is an opportunity for trend continuation on FX:EURUSD 4hr chart. We are in a uptrend and price came down to previous SR which has a nice confluence level with Fibonacci 0.618 retracement. Your SL should go below previous swing low and you can aim for two targets, first one at previous Higher Close and second at 1.272 extension.
We have potential Cypher setting up on FX:AUDCAD 60min chart... Price must touch D leg and potential reversal zone is marked in purple