


lyl89
Price closed in PRZ. RSI at oversold level. R:R at 1.1 (TP1) and 1.9 (TP2). Traders might want to wait for RSI to be at or above oversold level. Short term trade, do monitor from time to time. Have a good weekend.
A possible bearish bat pattern might be completing soon. RSI is about to reach overbought level PRZ is slightly above trendline resistance R:R at about 1 (TP1) and 1.7 (TP2) Daily chart, ensure lot size adjusted according to your risk management. I will update when pattern completes.
This bearish bat pattern has already completed with all criteria met. Price closed inside PRZ RSI at overbought level However, RSI has not shown a good signal for me to enter yet. I will like RSI to at least drop down to 70 and below before considering a short. Once again, SL for daily chart is bigger, do adjust lot size before entering an order.
Shark pattern has just completed. RSI at overbought level. Great R:R at 2.8 (TP1) and 5 (TP2). Traders may choose entry point to short using H1 timeframe.
For those who had spotted this earlier, you might have went long on where I have indicated, where RSI had just left the oversold level. It is a good entry as rules for harmonic trading were followed. Price has been hovering at PRZ for about 2 days, however, I see that RSI is slowly showing strength again. I will look to long next week. Not very ideal R:R at about...
2 successful butterfly patterns before for this pair, now a bat pattern has completed. Terminal bar was formed with price closing in PRZ and RSI at overbought level. The next 4hour candle was bearish, with RSI divergence shown. It is a good time to short now. R:R at 1.2 (TP1) and 2.1 (TP2).
A bearish butterfly reacted before, a bullish butterfly seems to be emerging. Very good R:R at 2.5 (TP1) and 4.2 (TP2). I will update when pattern completes.
Bat pattern completed Pattern still valid to short, but traders might want RSI overbought to be tested again before shorting, nothing wrong R:R at 1.2 (TP1) and 2.1 (TP2) NOTE : If price goes above PRZ, we should be looking to long instead as major resistance zone (PRZ) is broken.
Crab pattern completed with price slightly above PRZ. RSI is also showing reversal. R:R at 1.4 (TP1) and 2.3 (TP2). Traders may want to find an entry to short on H4 chart. Do adjust lot size according to your risk management, SL is rather high for this one.
Just spotted a completed bat pattern, all criteria met to go long. I am slightly late for the trade, might wait for pullback to long. Price settled in PRZ RSI showing bullish divergence from oversold level. R:R at 1 (TP1) and 1.7 (TP2)
The Gartley pattern in teal has already gone past (TP2) 61.8% AD retracement, and a bat pattern is about to emerge. RSI about to reach overbought level R:R at 1.1 (TP1) and 1.9 (TP2) I will update if pattern completes.
Just spotted this shark pattern, trade is still valid as price is still within PRZ. I would have shorted at RSI divergence where price was at 114. R:R at 1.1 (TP1 @ 0.5 CD retracement) and 2.2 (TP2 @ 0.886 CD retracement).
Something to look out for tonight or next Monday. RSI is still halfway to overbought level. R:R at 1.2 (TP1) and 2.6 (TP2). I will update when pattern completes.
A very nice bat pattern might be completing in a few hours PRZ at H1 resistance zone RSI is about to reach overbought level R:R at 1 (TP1) and 1.7 (TP2) I might not be able to trade this pattern due to timezone difference. For those who are awake, an idea for you to check out. Short term trade, do monitor trade closely.
I spotted 2 shark patterns to trade next week. Best case scenario : Green shark pattern completes, we short till D-leg of blue shark pattern. Blue shark pattern completes, we long. The green shark pattern seems to be completing faster, I will zoom in using H1 chart to provide more details under my comments.
Hey guys, short term trade based on 15 minute chart to lock in some pips. Waiting for RSI to hit overbought level R:R at about 1 (TP1) and 1.6 (TP2)
Price is currently at trendline resistance level At the same time, a bearish bat pattern has completed RSI is also at overbought level Good R:R at 1.8 (TP1) and 3.1 (TP2) Wait for current candle to close and observe the next candle.
A potential butterfly pattern is about to complete. RSI is not at overbought level yet. R:R at 1.5 (TP1) and 2.6 (TP2). I will update when pattern completes.