i will be watching the resistance zone at the area 1244 to 1240 near the trendline. if it holds and watching the price action i will be long upto the upper trendline in the 2nd case if bottom trendline breaks wait for a retest and sell it to the resistance zone of 1200 area
i will be watching for the channel breakout and retest on either side to go long or short. enter in a postion only after retest of the trendline after breakout and aim for the resistance or the support level mentiond in the chart good luck
there is a potential butterfly pattern being made. though i am going long from c point , you can wait for the completion of pattern and go short from d point. if you want you can go long from c point as sl is really small, only 20 pips
the pair is moving in downward chanel and price is reaching the bottom trendline. there is also an butterfly forming with it's c point near the trendline. i will check price action at both places and go long aiming to the upper trend line atleast
there is a bat pattern in progress. right now it is near the c point which is also a previous resistance point. i will consider going short as long as market does not go above a point and show me good price action. if market move past a point of the pattern it will be invalidate. watch price actition and go short . aim upto 1.43664 which is .618 fib extension , or...
i am watching two potential harmonic patterns deveolping on my radar. one is bat and other is butterfly. i will further update as they progress
a potential gartley is in progress after breaking down the daily trendline. whatch for the price action in the box at d point and get ready to long. stop loss will be little below the box. take profit according to the arrows.
after breakinh from the trendline it has not made a pullback, so i am watching both resitance area to short it for a target atleast .618 fib retracment and upto the weekly trendline coming from below. price is now in the first resistance zone and stoch is in oversold terotarry , please watch price action in daily or go to 4 hour and wait for bearish price action...
eurusd is moving in a cheannel . we have a potential shark pattern in the progress and the c point is at the upper trendline of channel. i will be aiming to sell it to the the lower trendline of channel and see if can continue it upto d point. also there is a gap in the market from last week which is yet to be filled. so watch the price action and get ready to...