- Divergence present suggesting the uptrend continuation. A Bear shark pattern can be projected. - Bullish pin bar is present so a trade can be taken. My trade: Entry @ 0.98570 SL @ 0.98298 If patterns complete: Wait for divergence + reversal bar pattern inside PRZ.
- Two possibles pattern formation. - Divergence is present - Waiting for reversal bar pattern inside PRZ
- Channel broken and support at 0.7108 is in play. - Slightly divergence is present. - Waiting for reversal bar pattern inside PRZ
2nd try... - Divergence is present - Waiting for reversal bar pattern inside PRZ
- Divergence is present - Waiting for reversal bar pattern inside PRZ (H1 chart can be used)
This is a currency pair that I hold close to my heart. As someone who travels to Shenzhen china almost monthly, I am pretty interested to put what I learn into good use to gain an advantage in life. I change SGD to CNH every single month. Keeping this post short, I am expecting SGDCNH to go down to 4.7 before rebounding. For those of you who are planning to...
Hey guys, the US election is over. Time for the markets to move more swiftly now. I am looking at AUDNZD for next week. I see a bearish shark completing at the top of a daily range around 1.0750 - 1.0760. I will be monitoring for divergence and RSI overbought condition around that zone before I go short. Ideally, price should reject that zone, come down and...
Hey traders, this is my updated view on EURAUD. Last week, I posted a bearish shark which completes at 1.46. Over the weekend, I re-analyzed my charts and realized that a better shark completes around 1.4790 instead. This better chart aligns much nicer with the H4 equal distance channel (Parallel channel). We will be in for a volatile week ahead with the US...
- Divergence is present - Waiting for pattern complete - Waiting for reversal bar pattern inside PRZ
Goes hand in hand with my previous analyses. I believe we should soon find support and make a brief correction.
FX:GBPNZD Safe Trades;
chf/jpy black: entry green: tp1 & tp2 red: sl
FX:NZDUSD Safe Trades;
Hey guys, it has been a tough start for me in Nov, got hit by 2 losses so far. Today, US election will be over in a few hours time, hopefully trading gets smoother after election. Over the weekend, I talked about selling EURAUD around 1.4790, price still has ways to go before that happens. Right now, we are actually close to a potential long before the longer...
Potential bearish shark @ 81.033 - Sell Limit took Place already :)
Emerging Bullish Shark and Cypher
FX:GBPAUD Safe Trades;
FX:SPX500 Safe Trades;