Zeheart

Zeheart

I see a possible early forming Bearish Butterfly Pattern. At the moment i can't confirm very much on the harmonic pattern as in its too early to say so. Instead I am purely using the pattern shape to gauge the possible price movement and use Price Action to further determine on the possible entry position. As of the chart, we see that price have been rejecting...

Zeheart

Looking at the current NU chart, Although there are 2 Possible Pin Bars which both Rejects Both the EMAs and also rejecting the current support level at 0.8393. It seems to be possible Long Entry. But the next Resistance level is found @ level 0.8475 (this could be a possible reversal point as can see from the previous price movement). This level could be a...

Zeheart

Detail Notes and Analysis have been placed in the chart. Cheers!!

Zeheart

Details of the Analysis have been written on the Chart itself. =) Cheers!!

Zeheart

Last Week, Price has break out from the Inside Bar Formation. So, I am looking the price to further move up to hit the Fib Confluence Zone. At Fib zone, shall wait for price action signal and see whether there will be a possible long or short entry. =) Cheers!!

Zeheart

This pairs seems to be a bit confusing, I have study carefully and come out with 2 possibility. 1. Possible Long Entry - Red Circle Area shows Inside Bar Formation with a Fakey Setup which reject the support. Price all rejects both the EMAs. Unfortunately the rejected support may seems to a minor support but not a key one.. We may see a possibility of the price...

Zeheart

Pattern was still in its early stage of development. Stay tune and see whether this patterns works or not.. =)

Zeheart

Price was being holding by the support level @ the Green Zoning (This isn't a strong support, mainly is just near term support) Either we see price to pull back to a Daily support level @ Blue Zoning can create a fakey setup by rejecting the support level and rejecting EMAs, thn a long will be possible to enter. Another scenario is that price doesn't create...

Zeheart

Price has hit the 78.6 Level, but I will wait for price to hit 88.6 and break of the trend line prior to enter long.. Price Action signal is needed to enhance the accuracy of entering.

Zeheart

Currently Price is pushing up to form the completion of the last leg of the pattern.. Once the price close above the center point of the pattern.. The validity of the pattern will be more accurate and can slowly wait for the completion of the pattern and opt for a short entry. =) Cheers!!

Zeheart

Current Price has close below the center point of the Pattern.. This point will enhance the validity of this pattern... We shall see where this price ends and wait for potential long.. when pattern has completed.

Zeheart

GBP have been in bad shape for very long... looking at the chart... there is a possible pin bar forming in 4H chart. And it seems like 1.48911 is a strong level... if the current bar can close above the level. It will signal possible long trade. But to be careful since price have not hit the center point of the pattern, therefore there is a chance that the...

Zeheart

Price has close above the center point of the Pattern.. So very likely, the chance of completion of the pattern will be quite high.. looking at the chart itself... The upper Blue box is having strong Fibo Confluence.. so price may hit there and make a pullback prior to the next move up.. Stay tune for this.. it could be a possible trade very soon =) Cheers!!!

Zeheart

Strong bearish move atm ... Price has exceeded the mid point of the pattern. consider 75% completion of the pattern.. Its better to wait for the completion of the pattern to spot for potential long position =) Cheers!!

Zeheart

At the moment looking at the price movement... I would say the pattern is about 75% of completion... a Long buy may be possible upon the completion of the pattern.. wait for further signal to enter a long position =)

Zeheart

Pattern has completely formed... So looking at the current level of price move I suspect they may still stand a chance to FALL...

Zeheart

Further updates on What I have been sharing on the Shark Pattern some time ago Currently Price have diving down right after the Shark Pattern. I have been targeting to take my Profit at 1.27476 which is Point B of the Shark Pattern.. But currently price stays well @ Fib 61.8 which also a fibo confluence zoning.. so there will be some chances for the price to...

Zeheart

Looks like The pattern is almost complete.. If next week price can hit the green box.. A possible Long entry will be anticipate. Cheers!!