DXY monthly ICT breaker failed to hold support and its mean threashold has been tested, seems to be bearish for now unless price crosses above it again. If it stays bearish then the next breaker would be its first target.
Bollinger Bands have got so stretched and ready to bounce back, RSI has to retest the complex pattern in over bought zone,will be ready for sell at RSI leaving the OB zone.
USDCAD a BULLISH DEEP CRAB has cought the price in the net and waiting for (terminal bar and RSI overbought again) to let it fly high again.
USDCAD D1 Bullish Cypher Emerging, wait for confirmation from price action at point D which coincides with the ascending trend line.
please professional traders comment on BA fibo extension closest levels as PRZ, in fact I learned it from a video on youtube!!??
Price has bounced very well at PRZ, going short, targets are clear on chart.
All targets reached on this bearish shark
Quoted from Scott Carney's Harmonic Trading V1: "The exact 0.618 B point requirement was just one condition in this interpretation of the structure". In this Gartley B retraced only 0.578 and not the required precise 0.618, but coinciding with AB=CD 0.707-1.414 and with stochastics in over sold zone and price braking at the demand zone ... let's see if those...
watch for the upcoming news fundamental news integrate with technical analysis most of the time ;)
let's monitor the usdjpy for the possible H&S illustrated on chart, high volume bars indicating incoming reversal?
Let's see ... everything is labeled on the chart
Emerging Bearish Bat and Bearish Deep Crab on EURUSD daily. Taking long entry after price closure over 1.09700, and short after price tests PRZ.
I republished this idea after I learned how to draw the ABCD fibo expansion,thank God no body here has helped me :)