Hello Traders, We are taking a look at the AUDUSD for a potential Bat pattern that completes at 0.7488. If price can reach this level, this presents an opportunty to go short on this pair. Target 1: 0.7425 Target 2: 0.7386 Stop Loss: 0.7535 Feel free to follow, like, comment and share Instagram @KashMarkets
Hello Traders, We hope that you have been having a good week trading. If price can reach 1.1012 then we will complete a Cypher pattern. Target 1 would be 1.1066 Target 2 at 1.1100 Please like, comment, follow and share. Instagram: @KashMarkets
Hello Traders, We have a potential BAT pattern If price can reach 1.4094. Today CPI Inflation figures came out less than expected at 0.3% which has helped pushed price down close to our level of entry. This area has confluence of support and trend line support. There seems to signs of indecision in this area too. If we can continue to put in higher lows this...
Hello Traders, This pair has been following a bearish trend as of recent generally forming a series of lower lows and lower highs. However, we broke these highs completing a Gartley pattern as indicated in blue. We now want to take advantage of a potential Cypher pattern if price can reach 1.2619 and complete this pattern with confluence of bullish divergence...
Hello Traders, We have a potential deep Gartley pattern, which completes at 1.4750 We have had some rejection in this area in the past with confluence of an AB=CD harmonic move. We are looking to go short in this area. with target 1 at: 1.4589 and target 2 at: 1.4494 Please like, share, comment and follow.
Hello Traders On the daily timeframe we have a pennant pattern. We are expecting price to react at the trend-line resistance and with confluence of a zone of structural resistance in this area. Going into the 4hr timeframe, we have a Bat pattern which completes at 161.77. This is where we enter short. Furthermore, we will be keeping an eye on RSI for continuing...
We have confluence from 1. RSI in oversold area 2. Key support area FOLLOW US ON INSTAGRAM @KASHMARKETS
Hello Traders We have a completed Cypher pattern. USDCAD had been in a downtrend, which is evident looking at the daily timeframe. We have Come into an area of major and minor structure. We have potential trend line resistance RSI shows signs of overbought conditions RSI also shows hidden divergence Altogether this presents us with a high probability trade. ...
Hello Traders, We have a potential Gartley pattern forming on this pair completing at 1.606. Price has currently been moving sideways on the daily time frame. Looking at the weekly time frame, in the near future I am expecting a break of this sideways movement and a continuation downwards. We also have a few other confluence factors: 1. Minor resistance 2....
Hello traders, this is our first post via this platform. This week we have been presented with a selling opportunity on GBPUSD. 1. We have a completed Gartley pattern 2. Zone of major resistance- This zone has been held for the past 2 months. 3. RSI divergence-We have put in some bearish divergence, signalling weakness in the recent up move. 4. AB=CD - This...