Treasury Bonds are still bearish thanks to increasing rates on yields. Lets see if Yellen can move the dollar tomorrow.
Hello Trading View, Here on the EurGBP Weekly TF we have a unique Bearish Bat that has completed. Price action has shown all necessary reversals at the required ratios, and price in the PRZ has shown signs of confirmation of trend change. Heres why this pattern is unique. VOLUME. The volume at point D was EXTREMELEY HIGH!!!!!! See Green arrow indicating said...
Hello Trading View, Here on GBPUSD we see bearish momentum, which stalled and bounced off an important key level off the Monthly TF. The rejection of the key monthly support tell me that a trend change is in order. We have the completion of the Bullish Bat 5-Point pattern, the terminal price bar has tested the majority of the PRZ and sharply pulled away, which is...
Hello Trading View, Here on the EuroYen, we are seeing a reversal of a bearish trend . Price has made higher highs, and higher lows, confirming my directional bias. Topside projection of the ABCD pattern is the 2.618 expansion of the BC leg, due to the B retracement of 0.382 of the impulse leg. Typically you are supposed to trade this from the topside...
Hello Trading View, Here I have a potential Gartley forming. This is a special pattern, we have a 0.618 retracement point B AND C. This mean we have the potential for a perfect Gartley pattern. Confluence with the perfect AB=CD is forming and completing as we speak. This pattern specifically provides a solid solid solid basis for entry. Be sure to monitor price...
Hello Trading View, Here I have an EU short. Target levels are 0.382 / 0.618 of CD respectively, as usual. Be sure to monitor price action in the PRZ, as the Terminal Price Bar is still forming. These patterns provide great RR. Trade Safe, trade smart. -K
Hello Trading View! I have another Harmonic 5 Point Price Pattern here for you guys. Bullish Bat. Targets are 0.382 / 0.618 of CD Confluence with the extended ABCD pattern, 1.618 expansion to be specific. These patterns always offer an excellent RR. Trade Safe, trade smart. -K
Here we have a Bearish Bat on NZDUSD Price has reacted and shown rejection at the PRZ, and currently showing signs of a solid bearish trend. Additional confluence from the ABCD pattern. We have a 0.618 retracement of C, with D completing between the 1.618 - 2.618 levels. TP1, and TP2 are relative to the 0.382 / 0.618 retracements of CD respectively. Trade safe,...