An ABCD Pattern that has touched the HOP level which coincides with the support and resistance level. It is an area of great consideration for a countertrend trade.
Bullish Bat at HOP level, yes you hear me right, a valid setup for this trend trading opportunity. A really nice checkback on the setup, trade engaged.
The bullish crab pattern has gone past the PRZ level. Right now there is an up arrow all that is needed is a bullish candle confirmation for a buying opportunity. Personally, since it has past the PRZ area, I would rather to wait for candle confirmation at the HOP level.
A bullish crab pattern that has dive past the PRZ level, at this moment I'm waiting for 2 things to happen. 1. Consolidation on the HOP level, with candle confirmation and arrow pointing towards the upside. Trading towards the target there is 2 trendlines I will take note, a break and close above the trendline is a must when market reaches that level. 2. A...
A bullish bat setup on the 1-hourly timeframe, well yes it is still valid. GBPAUD has to be treated as the notorious kid in the family, hope this give you the drift. Rebellious, not following the social norm(trading expectation), but it will get there(target) eventually. It just throws some tantrum(hitting stop-losses) along the way in attracting some...
A bearish bat setup on a trend trading setup has presented itself. We will have to wait for the check back for a better Reward: Risk(RRR). It's nice that the bearish bat setup within the sell zone(red box).
A shorting opportunity on a bearish butterfly pattern setup on the HOP level which is also a resistance level on the 4-hourly chart. I will wait for a retest for a shorting opportunity.
The bearish butterfly pattern setup signals a potential retracement on EURUSD. The candle did go past the HOP level, but right now the Arrow indicator has shown up with an RSI Divergence(red line). Traders can wait for a break and close below the HOP level(without touching target 1) and retrace back to 1.1132 for a potential shorting opportunity.
With coronavirus pandemic, it has caused great damage to Europe, thus causing one of the greatest depreciation that we have lived to witness. Right now, the market double bottomed with RSI Divergence on EURUSD at the HOP level. It might be a great opportunity for bold countertrend trade to head in for a shot.
A bullish deep crab pattern setup and went into consolidation after the HOP level. Would you see this as a fail deep crab? The deep crab pattern is still valid, watch closely. The HSI arrow shows a potential entry for a check back, no doubt the candle has a lower price, but it didn't break and close below the candle that has HSI candle.
Range Bar chart has set up for a bearish crab confirmation the trade is a complete setup and I have other plans for its target level. If you wish to receive those, check out link(3)
After a massive drop of NZDJPY, a bullish bat pattern is a form as a counter-trend trade. On the little blue box is the area that I see as a demand zone. I'm waiting for the retest of the low before considering engaging the trade. A trade from the daily chart may take up to 2weeks to hit the final target profit area. If the market travel to the HOP(Harmonic...
ive seen etc outpreform in small numbers at certain times but it keeps getting better , i think this is going to be a good year for etc. i think it could possibly aim for 100$ + maybe 300