lyl89

lyl89 Updated 

A potential bearish Gartley pattern is completing soon with RSI at overbought level. PRZ is at a good resistance level. R:R at 1.2. Good luck.

lyl89

So much FUD recently, it is now time to look for a good price to stock up some ETH again. Key support and resistance levels and zones have been identified. Looking at the Daily chart, EMA 200 is currently holding, but a further drop might be happening. Suggest to buy some ETH at around $520 and $400. In fact start accumulating right this moment. A drop to $400 is...

lyl89 Updated 

A potential bullish bat pattern is completing very soon with RSI at oversold level. PRZ is also at a good support level. However, we still need to see some price or RSI retracement upon pattern completion to decide. R:R at about 1.7. Good luck and have a good week ahead.

lyl89 Updated 

Bitcoin has been tanking since mid of December 2017. A bullish Gartley pattern is completing soon. RSI is almost at oversold level, PRZ at a good support level. R:R at about 1.8. Good luck.

lyl89 Updated 

A rising wedge pattern has been spotted with price below the lower trendline. Traders who have longed this pair should consider exiting any long positions. Plotting a fib line, I am only comfortable to short when price breaks below the 23.6% retracement. Key support and resistance levels have been drawn using the navy blue lines. Main TP will be 50% fib...

lyl89 Updated 

Two bullish harmonic patterns might be forming. The blue pattern represents a Gartley pattern while the grey pattern represents a Bat pattern. The Gartley pattern might react first as RSI is currently at oversold level. Both PRZs have been marked for your reference. I will update when I'm free. Good luck.

lyl89

A bearish Gartley pattern is almost completing, waiting for price to hit the highest point of PRZ. Daily timeframe, higher SL and TP, do exercise risk management, do not over-leverage. R:R at 1.3. Good luck.

lyl89 Updated 

A bat and butterfly pattern has completed and reacted slightly last Friday. Price has pulled back to PRZ, a good time to long again. I will not be awake to when the market opens, traders who are awake can take note of this setup. Price seems well supported at the 0.755 to 0.757 area. R:R based on bat pattern at 1.2 (TP1) and 2.2 (TP2). Good luck.

lyl89 Updated 

A potential bearish gartley pattern may be completing soon. R:R at 1.5 (TP1) and 2.5 (TP2). Good luck.

lyl89 Updated 

Hey guys, a bearish bat pattern may be forming. PRZ is at a good resistance level. Crude oil is gradually rising, so we might not see a pattern completion. Anyway, R:R at 1.7. Good luck.

lyl89 Updated 

Will EURUSD break the strong resistance level at 1.23? Maybe. A bearish butterfly pattern may be forming. Nice R:R at 1.9 (TP1) and 3.4 (TP2). Good luck.

lyl89 Updated 

A potential bearish bat pattern is forming. R:R at 1.5 (TP1) and 2.5 (TP2). Good luck.

lyl89 Updated 

A bearish butterfly pattern has completed with RSI at overbought level. Current daily candle and RSI are dropping at the moment. Good to short using H4 chart or wait till tomorrow. Note that this is a counter-trend trade, do trade with caution. R:R at 2.85, not looking at TP2 as it's counter-trend. Good luck.

lyl89 Updated 

A potential bearish butterfly pattern is spotted on 30min chart. NZDUSD has been on an uptrend for weeks, so it is considered a counter-trend trade. It's a short term trade so I feel its fine. R:R at 1.9 (TP1) and 3.1 (TP2). Good luck.

lyl89 Updated 

A bullish butterfly pattern seems to be completing. Price almost hit all points of PRZ previously, I'm hoping to see the pattern complete. Nice R:R at 2 (TP1) and 2.8 (TP2). Good luck.

lyl89 Updated 

Bearish crab pattern has completed with RSI at overbought level. I will not be awake when the market opens tomorrow. For those who are awake, try to enter only when RSI drops back to 70 and below. R:R at 1.4 (TP1) and 2.4 (TP2). Good luck.

lyl89

Another good R:R pattern, the shark pattern. Upon pattern completion, I will use H4 chart to find a good entry point to short. R:R at 2.76, will stick with just TP1, not being too ambitious. Good luck.

lyl89 Updated 

A bearish bat pattern might complete by next week. PRZ at good resistance level, RSI reaching overbought level. Nice R:R at 2 (TP1) and 3.3 (TP2). Good luck and have a good weekend.