HI, Newbie analysis here. As shown in the chart Bat formation. looking to long with TP1 0.618 fib level and TP2 0.886 fib level. Stop loss is 200 points below point x. The trend in monthly is higher lows . currently the chart is at the trend line and waiting for entry point. Expect to have some strong reaction from the trendline. Showing some divergence in the...
Hi all, Newbie analysis. Long target to point D. IF you look at 4 hrs chart there is a divergence in the stochastic 14,3,3. Please provide feedback so i can improve myself for educational purpose.
Just an newbie analysis Short TP1 to 0.382 and TP2 0.786. SL can be -0.272 Fib level Please leave any comment if i can improve for educational purposes.
Hi Newbie analysis, Harmonic pattern analysis. TP is .618 and .382 Fib level Entry is at 1.618 Fib level Strong support at below .618 from 4 hrs chart.
Hi Newbie analysis , I am using the harmonic pattern analysis to determine the target. TP1 will be 0.382 and TP2 is 0.618 Fib level. I will recommend TP1 only as there is a strong daily resistance at below the level as shown in the green box in the chart. So currently we shall wait for entry signal at point at 1.618 level Please do comment as i am new into analysis.
Hi all, Newbie analysis. Using the bat analysis on the 1 hour chart. The TP1 is base on 0.382 Fib retracement and TP2 is based on 0.618. There is also an upward trend from 1day chart showing a higher low. The Stochastic divergence is showing bullish as well. Stop loss I decided to go 20 pip below X. Do comment so I can learn from you all.