Algorithm short signal with very favourable R:R Price entry at 618 retracement, bearish flag pattern to downside, when break of flag and retest, possible scale in (add size to position), 3rd wave failing to break new highs putting in a head and shoulders pattern. ABC patter for targets, also lines up with 1 ATR TP target on larger time frame.
Long EUR/JPY 4h, waiting for smaller pull back for entry to get more favourable risk:reward.
USDCAD long, double top, 2618, predicting a break out of the channel to the sell side
Short trade on the Euro dollar, bouncing off support, retest previous structure low
Retraced on the .786 and closed on the diagonal resistance
Waiting for breakout to the upside then a close of the candle, then ill enter next bar market. Price action has found resistance against trendline.
possible reversal, huge resistance, abc completion, Fibonacci confluence
ABC Pattern, Downtrend channel, EUR weakness across other EUR pairs, 618 retracement on macro and micro structure Target 1 at previous structure low Target 2 at end of BC pattern Stops above channel trend line
Price action approaching .786 retracement + Bearish trendline Oversold RSI and Stoch indicators waiting for lower low, lower close candle to get involved in this movement targets at retest of Bullish dotted trend line, 2nd target at re-test of previous structure low, and possible 3rd targets at 1.27 extension If price action breaks through tend line, look for...
ABC Pattern completion up along 127 Fib extension and 786 macro swing, is moving along significant trend line and has retraced to a 618 level T1 at recent high T2 at ABC completion Japanese Weakness among other JPY pairs NZD strength among other NZD pairs
wait for break of wedge to the downside, completing a cypher pattern formation on the trend line, entering long.
Double top, retracement into .382-.618 fib, then short
Double top on the AUD/CAD pair, wait for retracement into the .618 - .382 area, then short