what do you think about this? a small long trade then a long short one? :-P
2 bearish patterns in formation - a small bearish crab + a big bearish bat. - nice resistance area - close to a quarter point - point D of the B coincides with 1.618 fib extension (the entry point) - overbought (Bollinger bands + RSI) - possible Bearish Divergence on the RSI wait for confirmation (Double Top, H&S, pin bar, ...) but keep an eye at the trend line,...
- Bearish Butterfly - overbought (out of Bollinger bands) - RSI bearish divergence - entry at AB=CD (ext 12.7) - close to a quarter point for a safe entry, wait for a nice bearish formation (double top, head and shoulders, ...) 3 different TP.
after a long sprint of 500 pips, I think we can go short for at least 250 pips. - overbought (out of upper Bollinger bands) - overbought on RSI - Bearish crap at a nice key level (Large quarter point plus nice resistance area). Wait for a confirmations to go short - Head and shoulders formation, - double top - bearish Pin Bar
point D formed at a counter trend line, that acts like a dynamic resistance
USDCAD Bearish analysis - Bearish Gartley - Trend line retest + resistance area - overbought - wait for formation and RSI divergence
this is my analysis on GJ. LONG analysis - Bullish BAT formation - AB=CD extension (1.618) at point D of the B - oversold shown on RSI to go long wait for a nice bullish formation - double bottom , bullish pin bar - RSI regular divergence SHORT analysis (if the bat is been validated) - golden zone - trend line retest - possible AB=CD formation, - possible...
GC - Bullish Butterfly At the point D, the market should push the price up above the Quarter point (Q25, then we'll go long for 250 pips TP 1 and other 200 pips for TP 2). to anticipate the move, just go long at point D. confirmations we have: - RSI divergence - Bollinger oversold ps: we should wait fora bullish price action (pin bar, tweezers, double bottom, ...)
I think the price will go down for few pips then will go up for at least 300 pips. what do you think??? EURNZD: Bullish crab and bullish bat at the same point:
GJ: if you are already in the trade or you want to join, this is my analysis for Entry - Trend line retest - 200Ma retest (not in the chart to make it simple) - Golden zone of the small impulse (61.8 fib) - 38.2 Fib level of the large impulse - nice Support area (Broken resistance) - bullish Gartley in Execution to the next Major Quarter point Q500 NB: the...
Reasons to go long on EurUsd. - Bullish shark in execution (the gold one) - oversold (at the Bollinger bands) - Bullish Divergence on RSI if the Price go out of the BB, then Go long at the point D of the small bullish bat, wait for a confirmation (a bullish formation, a nice reversal pin bar, ... ) NB: the market could go to test the Large Quarter point Q25 so...
Bullish Bat on GA. let's see if the current support will be powerful to push the market up. keep an eye at the price action, RSI... for confirmation
- 3 Bearish pattern (Shark, Nen star + HS) - GC is in a range, it's just tested the top level, so probably it will go down to test the bottom level. let's hope for 250 pips.
CADCHF - Bearish Butterfly formation (extendable from 1.27 to 1.41) some pips above in the main golden zone - the market will probably go up to test the Major quarter point, and go overbought touching the up Bollinger band. - check the RSI for the divergence confirmation Risk Reward ratio 1:5 (50/250) however: - we have a Bearish Gartley Completed with a nice...
Bullish Gartley on GA I forgot to post it early. any thoughts?
a nice price rejection shown by a pin bar on EURUSD + a bearish Butterfly. all at a major quarter point. let's short this for 200 pips?
EN: We have a big bullish Gartley that is pushing the price higher. but we can clearly see that the market is doing a pullback (thanks to that small Nen Star) and I think it can go even far till 200pips if we have a confirmation of the divergence from the RSI. anyway, if we short it right now, we have good probability to catch 50 pips. just let's see
we just reached our target. is it a good idea to go long now for 200 pips? bullish Gartley on GJ + regular divergence on the RSI indicator