


algotradingtech
A good Sell opportunity on GBPUSD which can be extended to long term.
A good risk to reward ratio trade on USDMXN.
There is a short term Buy in GBPCAD. It can be extended to long term trade as well.
EURUSD reached to a strong Supply Zone from H1. Going Short with SL at 1.09720. Target Lows or until finds a pull back in M30 or M15.
EURUSD Short term Sell from the H1 Supply Zone.
GBPUSD is making another bullish gartley Pattern in H4 with bigger risk to reward ratio.
The overall trend of the GBPUSD is bullish and while making a bullish Cypher pattern with very accurate ratios of cypher pattern it is giving a signal of continuation of the bullish market so it is a good chance to buy at the completion of the pattern.
A bullish cypher pattern is forming in the USDCHF but it is a risky one because the overall trend is downward, moreover the B leg is very close to the D leg which makes it risky. But still can be traded with risk management and trailing stop.
NZDUSD is making a very beautiful bullish gartley pattern with almost accurate ratios. Right now we are late in the trade but seeing the market conditions if we enter into the market on it's opening it would even shorten our risk and it would be a better risk to reward ratio now. So this is a must trade.
Bullish Gartley Pattern is forming in the AUDUSD Pair. The price has passed below the Entry level but still not hit the tp so the trade is still valid. As the overall Trend is in the upward direction so it is safe to go long as it is an extra confirmation.
Perfect Bearish Pattern and a bearish trend is expected after the strong bull candle because of the news.
EURUSD is in bullish trend overall so if the EURUSD pair reaches to a certain price level as shown then it will form a perfect Bullish Gartley Pattern and a Perfect buy for bulls in the Bullish Market.
The is could be an upward trend as the Ratios for the Gartley are very precise this time. So this could be an uptrend upto 0.5 Retracement of the XA leg in the chart. Moreover this could be extended to overall upward trend.
As Gold has recently started a Bearish move and Bearish Gartley is giving a confirmation of the continuation of the Bearish Move. So this could be a good time to Sell the Gold when the Confirmation of the Pattern is received.
This is an early analysis of the Pattern forming on the NZDUSD chart. The ratios seems to be very correct as they are forming a Bearish Cypher Pattern moreover the market is also trending downward.