Spotted a potential BAT pattern in AUDCAD H1. Will wait for D completion 88.6% at 0.97307 for double bottom entry.
As the pair shows a continuous uptrend direction, a potential GARTLEY pattern is spotted.
If D leg is hit, will look for double top formation for short trade entry.
Potential GARTLEY on AN. Let's watch out.
A possible BAT and CYPHER patterns can get completed on D leg. One may gets invalidated, or both of them can be. It's important to plan your trade on each setup. Respond on what the market will give.
Is the reversal we are waiting for is coming on the completion of BAT pattern, or will it continue to go down at approx 1.4672 of a major support and resistance level? The market only knows. Hello Monday!
Divergence on RSI and price at oversold area. Target 1 at 38.2%, Target 2 set at 61.8%. Trade at your own risk.
Potential CYPHER on UJ H1. Will look for trade entry on 15mins.
If D leg is completed, will look for possible entry in M15.
Will look for possible entry in M15.
Will wait for double top confirmation after D completion, before entering short.