I think Time time has come fir first serious HL for NZD
1- Cup and handle : Check / 2 RSI Stochs Rising Wedge Check : 3 Untested resistance Check.. Short? Lets roll the dice
Its just one of the opportunities worth to try with little risk.. Morning present :)
Here is testing Wolf Wave and lets see what gonna happen.. Previous Bat is still on the table. Am in trade
The Pair is quite bullish but we may see a gartley pattern likely which I predict we are at the C leg... Lower High also needed so I think its a risk I can take even if not work.
EURUSD As previous rising wedge daily break up some bulk and then back to wedge break down followed.. now its about to finish Pull back likely to go down.. lets roll the dice :)
After yesterdays retrace the downtrend likely to continue.. With Bearish Divergence (thanks to @cmc pointing) I will be selling NZD today The brice broke down 618 fib line and closed a few candles hourly. Any Bounce would be considered as a pullback and opportunity for sell entry.. Lets roll the dice... Dont move your SL since its based on triangle so if turns to...
USDJPY recently broke rising wedge and probably finishing pullback before going down 2 entries and 2 TP is recommended
Since the trendline broken and pullback in play I am going to sell on around 63.480 and for 63000. I am not going to TP however just move my SL to breakeven 63220 then see what happens
Here is the symmetrical triangle with possible squeeze and break soo just toss a coin for the direction :) .. I am thinking upwards break up.. lets roll the dice
Curent triangle getting ready for an uprise.. One more retracement is possible while still the year end target is the height of latest rising triangle.. Long shot? lol lets see
I was expecting tweezer tops at 4 hrs chart but thats fine too. Channel might have been broken atm. Strong Resistance at 65000 and I kinda think this downtrend will continue till round pivot 60000. Cheers
EURUSD is constructing A RISING WEDGE ( Bearish) daily tf as now at the top of third wave. It needs to construct HL around 10900 then 4th wave to 113 after completion of the rising wedge (Bearish) we probably see another downtrend to 109500 Probably We will see a Failure swing on Stoch RSI regarding divergence
Probably there will be third bottom or (close) the correction towards 382 then 618
Lets see if this pattern work out.. Leg C see should stay below A.. Opend 2 shorts with 2 TPs.. Risky yeah.. worth to try? hell yeah
I know EU is still bullish but technically I can see Rising Wedge (Bearish) with possible target 110000
Aligning with my previous idea for the Gartley Pattern Completion 1070.000 and then Bullish Breakout I think that will be my Game Strategy. OfCourse Unless 111500 - 112000 Resistance should stand strong If 4hrs Close above 112 000 This plan invalids!
I think EU had enough and 0.886 hit as Gartley refers.. lets see if its gonna roll Target 1.070 I roll the dice :)