X5

X5

Last projection didn’t work out, but I see divergences (Sto, 13,3,5) in H4 and H1 chart, suggesting the resume of the downtrend. On H1, the price looks in range and has formed an One2One pattern, so if I see a bar reversal pattern, it could be a good chance to try to re-enter short. Breaking the resistance 0.6956 will invalidate the pattern.

X5

Price advanced trough the bearish ABCD detected in H4 chart. I get the same on H1 chart, but another bearish ABCD pattern emerges and suggest a brief lift in the price, but the downtrend remain a little bit more. The bullish divergences (STO 13,3,5) on D1 and H4 charts warning the end of the downtrend… Although, there is no bar reversal pattern yet. I remain...

X5

Price advanced and invalidated the bullish ABCD that I previously saw; the short trade is still active and targeting 0.6791, in line with the H4 chart analysis. After that, probably a bearish 5-0 projection emerges and the price could get a little bit in range. There are still good opportunities to get short trade. Note. Blue lines correspond to H4 chart...

X5

It seems that the price could retest H4 support at 1.0800, if I get the whole analysis from D1 and H4 charts, the point D may be the opportunity to get long targeting 1.12 The ECB conference of tomorrow may help to determinate directions.

X5

Bullish Crab pattern at risk, below 25.10 will be invalid, no more pattern projection if this happen. Monthly chart will be the only reference in the long term.

X5

Not the best bullish shark patten projection (point C is about 20 percentage points aout of rule). Below 28 the formation will be invalidated. Support at 25.00 If Shark pattern is invalidate (most probably), bullish B-fly and Crab will take the place targeting point D at 16 or below.

X5

In line with the D1 chart analysis (green pattern), on H4 chart is an ABCD bearish pattern in play targeting 127.2 – 161.8 BC Fibo retracement (116.06 to get into the D1 box PRZ).

X5

Not the best bullish pattern (point C is about 20 percentages points out of rules), below 116.02 the pattern will be invalidated, but in general, still maintains downtrend. Small bullish divergence (Sto, 13,3,5) show up and warning the possible end of the downtrend.

X5

Blue lines correspond to the Bearish ABCD pattern on H4 chart. For H1 chart, a Bearish Gartley pattern is in play. An ABCD bullish pattern emerges and the price could go a little bit up and it could give another entry short position. But I hope the downtrend continues and the ABCD pattern projection gets invalided and get in line with the ABCD pattern (blue) on...

X5

Bullish pattern in green correspond to a D1 projection. On the H4 chart, Bearish ABCD pattern is in play and targeting D1 support at 0.6800. The price can still go down trough the 127.2 – 161.8 BC Fibo retracement.

X5

Bullish B-fly and Crab projection in play, below 0.6652 will invalidate the formations. Near support is around 0.6800 and give opportunity to get short in lower timeframes.

X5

Price making pressure to the support line of the channel, hopping price doesn’t go below 88.6% BC Fibo retracement and determinate that we have a Bullish ABCD pattern. If I take de X point into the harmonic analysis, the projection is for a Bullish Shark, placing the point D near of 0.3088; it’s hard to believe that it’s going to happen if I consider the channel....

X5

It seems that on this chart there is the sign that I’m looking for a long setup. The ABCD bullish pattern pointed a possible target in the 127.2 – 161.8 CD Fibo retracement, but the range in H4 chart warning to take this trade to soon. Still will be better to wait for a break-up and see if I can get a more comfortable trade.

X5

On this chart, I can’t find a good pattern, the price it’s in range, so it will be better to wait to see a break of this range and catch some pattern in line with the pattern seen in major TF (Bearish Bat pattern in green found on D1 chart)

X5

It looks like a Bullish Shark pattern projection (yellow), but support on 1.0522 making it uncertain. If you take a look at the segment BC, it could be sign of an ABCD bearish pattern pointed to the 61.8-78.6 Fib (1.1258 – 1.1458). Overall and taking considerations of the pattern on the monthly chart, the pair prevails in a downtrend, so it would be better to wait...

X5

Downtrend channel ant the projection of a possible Bullish Crab with 6 point (percentage) points out of rule. I’m looking to short opportunities in lower timeframes.

X5

On a weekly chart there is a possibility to see a Bullish Crab pattern (yellow), but over the Montly chart there is a projection to form a Bullish shark a bit lower, so if the formation in the Weekly chart occurs, it should be taken carefully; the rise of the price could be brief. Meanwhile, I remain short in lower timeframes.

X5

Pair will continue downtrend for a while... Lower timeframes can be used to enter short