Price is currently in between the structure resistance zone also with 61.8 touch from previous swing high to low and there is RSI hidden divergence indicating bearish. We have a good potential sell trade if the price closes below 315.13, only then I would short it for longterm and hold it to 208.28 which is the retest of the previous low and 2nd target would be at...
It is quite possible for the market to reach there and to complete the bearish bat, After the break of structure we can assume it will be completing the pattern. Hopefully lets see what happens. It is also called the structure trading and also the Bamm theory by scott. Unbreakable Rules 1. Never add to a losing position. 2. Never risk more than 10 percent of...
I predicted the move long time ago that the bearish bat is shaping up and its almost there to fill it. Looking good potential trade to me. Its near the supply area and also the structures you see around X. Guidelines 1. Never close a trade without a reason. 2. Take responsibility for your trades. 3. Markets that have higher lows are in uptrends. Markets that...
Although we have a weak consolidation zone marked in triangle has given us a clue thats the zone where the demand is, where we would meet the buyers again possibly. The key thing to understand the zone is that, count the bars or lets say the time it spend around the zone, the less the time it spends the more potential it becomes. To confirm the demand trading, I...
Clear pattern clusters of Gartley and the butterfly pattern. Good potential zone for the price to reverse from the zone. I am excited to see what might happen.
RISKY BUY I will keep my fingers crossed If I take a buy after the close above the structure high and then target to the Bearish bat pattern completion zone . Its a huge ask obviously I want to trade the long with small lots and then look for other measurements for short. Waiting for the close above the Structure high so that a new trend could take place and...
BTCUSD - Here in BTCUSD we are capable of having a Bearish bat pattern in the supply zone. Currently we are having a break above the Hight high Possible uptrend may take place to complete the Bearish bat pattern. After the break of the structure high then we can look for buy in small tf using PA.
In weekly we see a pinbar with close above 30 SMA and The long term continuation to confirm we need a close above 121.90. Markets trading in triangles in H4. Could this be a breakout upside?
AUDNZD is down for another 50 pips. Good reason to do downside.
The Market testing on key resistance. It dropped twice and this is the third time its about the drop? I am Short for 30 pips.
*Gold seems bearish after the completion of a bearish Cypher Pattern. * Gold Looks to complete the bullish Cypher pattern at 1108.56. Look for Buy setup. * Positive reasons: Structure zone ( demand zone) Good support for buy.
Gbpusd hits the D1 Channel and Price pretty much about to decline if we see a good close in H1 candle If not then we might have a Bearish Bat out of the channel which is a good sign of a bearish move. Alternate targets are the bearish bat formation right on the weekly trend line so overall a bearish sight in GU
We have a BAMM ( Bat action magnet move) bar and we can predict the price 136.45 where the bearish bat completes and look for sell to 135.90 or 135.56. The pattern completes in the H4 Supply zone, I normally have my techniques of drawing the Supply and demand zones so I use the harmonic patterns to verify the potential reversal zones.
Eurjpy to complete the Bullish cypher pattern. Testing on the previous structure with 78.6 Good potential reversal. 133.40 around. look for buy Sl 131.79
After completing the first cypher pattern and hitting its target to 38.2. Now a short term cypher has been formed with a bat pattern in the long run. Market needs to test the conjunction for a good long run up to complete the Bat pattern. Test levels ( 133.50 to 133.100) ( PRZ Level) Look for potential buy around the PRZ level.
Eurjpy completed the Bearish bat pattern in the supply zone and now looking to reverse from the current level to 135.70 which is the 1st target ( 38.2% of CD leg) and 2nd target will be 135.00 which is the 61/8% of CD leg. Stops above the XA leg with some pips in cushion just in case to avoid the mafias :)
Eurjpy completed the Bearish Bat pattern inside the Supply zone area. Price looking to reverse around the red zone and my Take profits are at 38.2% of CD leg and also 61.8% of CD leg and stops at 138.00 ( I may move the SL up a few ticks according to market conditions) And before that we had a nice triangle break and we could easily projected the the price to the...