If its STRONG I'd be looking for short trades on yen pairs Vice versa.... If it is WEAK I'd look for long trades on Yen pairs
So based on my last theory I got clipped, there was a lot of news combined with heavy consolidations within price. For me that's a no-go to trade, I saw this set-up and thought mehn! but it's okay. A Strong confluence to confirm is the reversal wedge pattern in the (D ZONE) between 2.00 and 2.618 amongst price action.
Bearish ABCD pattern and divergence have formed. The first target is at 140, and the second target is at the 135 level. I have indicated the support and resistance levels on the chart. Please do not forget to like and follow
NASDAQ:NFLX I expect a bullish movement towards the 518 level if the resistance zone at the 503 level is breached and there are candlestick closures. Our support level is at 461. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck
Btc formed crab pattern on the 1hr time frame taking long u can see the tps and sl
Forming bat pattern and now it's in a good buy zone
Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck
Awaiting this idea potentially happen, I see an ABC pattern form and begin to connect the dots in hindsight... ill wait to see how this unfolds not an active trade until my confluences confirm
The previous pattern became invalid as we broke the B leg now it formed another pattern we get confirmation on the C leg and that's where we're bying
As u can see we formed a bat pattern and it was completed now we formed a bullish deep crab pattern
As u can see we ace formed a bat pattern and inside of it we can see a crab pattern
The price makes a false break of resistance and decreases.The market is forming a complex pullback the resistance zone.I think it might make a pullback and continue moving downward. My goal is the support at 2015.800
#CFXUSDT UPDATE Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about CFX. CFX is making bullish pennant pattern and getting a good volume here. We can see gain here upto 30%+✍
So we have a bat that takes gold up to retest the trendline, then down to to 1930. This is what will happen, I'm very sure of it. There is a very large bat that takes us down to 1888 but we don't need to worry about that for now. Posted on 9 December 2023
Is EURNZD getting fueled at strong support level? As the price is been on strong sell side but now it seems like price is getting some bullish momentum after reaching at support level and bullish divergence suggesting the buying pressure is about to start. If the bears took control , the 1st target could be 1.7875 followed by 1.8200. What you guys think of it
Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 A quick masterclass video today on bullish and bearish Harmonic Bat Patterns. How to use them, how to determine the...
Buying YEN has been a risk for the past few months. In fact, it is the best time to go to Japan as the YEN is super weak. Having said that, we have a good opportunity to sell AUDJPY now. The risk rewards makes sense and here are the reasons. 1) Daily Divergence is present 2) There is a harmonic pattern to sell at 98.50 3) Strong resistance Stop loss would be...