Gartley pattern completed. Major time frame trend line and resistance reached. Bearish engulfing candle on lower time frames. Go short!
Hey guys, this is my analysis for the EURJPY next week long wave. The Butterfly pattern is completed and price reached major zone of support where it connected with major trend line. Candlestick already engulfed on lower timeframes and formed a morning star on the 30m TM. So, we are ready to go! Happy trading.
Major resistance trend line reached, Butterfly pattern completed and broken, downtrend confirmed. Wait for retracement at previous support for entry.
Butterfly pattern completed, major timeframe resistance level reached, candlestick engulfing on lower time frames. Enter at break of previous support.
Butterfly pattern completed. Major time frame support reached. Wait for candlestick engulfing for reversal confirmation.
Butterfly pattern completed, bullish engulfing candle on the 1hr Chart, Major time frame support zone reached.
FX:USDCHF Is approaching to the main trend support at the 1.00400 level (Entry). Price action will look for major weekly resistance at 1.00300 level. A great opportunity for a 1:14 R.R.R. trade. Happy profits everybody! :)
Chart is on a sell zone after previous break of structure on the 4H timeframe confirming a downtrend continuation.
13 ema crossed down and a rising pennant is formed, we're specting volume in the next hours to trigger the bulls to the next resistance zone (red zone).