POTENTIAL PRZ @ 1.122 : - VERY STRONG FIBO CLUSTER 0.618+1.618+0.5 - UPTREND TRENDLINE - BROKEN 1D DOWNWARD TRENDLINE (POTENTIAL RETEST) - SR STRUCTURE EXPECTING WAVE 5 TO HIT AT LEAST 1.141 ZONE ( OLD BROKEN TRENDLINE)
RED AREA : SELL ZONE TP: Resistance/Support zone @ 0.7500
Technicals: - Completed Gartley - D point on 1.618 - AB=CD completion There is a possiblity to hit 0.886 which is situated on midterm Trendline and D point of FT pattern, from where we should go upward.
Technically (1D chart): - AB=CD - Trendline - 0.5 Fib Retr - SR zone 4H chart: - divergence on RSI
1.452 ---> point C with double top and RSI divergence GARTLEY: - D point on trendline BAT: - D point with AB=CD completion (Overbalance) If you don't have strategy to trade these patterns, do not take any position. Good luck.
TP1 - 17.32 TP2 - 17.10 Look for price action and RSI divergence to enter at D point. Good luck.
43.50 seems to be a strong resistance. There is a chance to Garltey completion around 45.50, or FT pattern at 48. 48 looks like better price action zone (2015-09-01 and 2015-11-03). 45 zone is more like psychological resistance area.. however we can see some price action on lower time frame. Candle price action and divergence may be helpful to enter your...
Bearish/Bullish. D points both on important SR Zones and trendlines.
Technically: -Bearish Gartley Completion - 1.618 ext of BC wave - SR zone (Market's reaction - 6th of april) Good luck
Technically: - Sweet Gartley Completion - Shooting star forming (1D) - Important resistance zone strong rejection TP1: B point of Gartley TP2: Trendline Good luck
Technically: - 1.618 + round level 16.00 - bearish divergence TP1: 15.74 TP2: 15.53 I expect strong reaction there, with correction before another upward push. Good luck
Technically: - Bat completion - 0.618 retracement - Bearish divergence Entry : 1.428-1.429 SL: Above 0.764 retracement Good luck.
There is potential great place to enter long. Technically: - We reached Overbalance correction (Rectangles) - Strong hidden bullish divergence in play on 1H and 4H charts TP - goes to 1.618 ext and very strong SR zone - 40.00 We should see strong price action there. Good luck
HUGE BEARISH BUTTERFLY COMPLETION + BEARISH DIV ON RSI I expect correction move.
Pending short setup : TP 1 : Overbalance + 0.5 retracement + Leonardo harmonic pattern TP 2: 0.618 retracement + BAT harmonic pattern Good luck :)
As you can see on the chart, there is nice FIBO cluster in 1275-1282 range. Measuring biggest 2015 year's waves and the last correction move, we get 1.272 + 1.618 +1.272 FIBO extensions, really strong resistance zone. I mark it as next TP, where we should see strong market's reaction. Consider short from there. Good luck everyone :)
Point C at the trendline Point D with the 1.272 ext of AB wave and important SR zone.
Technically : - AB=CD correction - Leonardo harmonic pattern - 1.618 of AB wave TP profit zone: 1.493 - 1.503 Good luck everyone