Price at the moment is correctively rising so what I am expecting to see of this pair is that price is going to fall soon. We are currently seeing divergence on our MACD which signals a reversal may happen. Good luck and safe trading.
AUDNZD SELLING OPPORTUNITY ABCD PATTERN
NZDUSD has created an impulse to the downside and has broken two areas. Expect a corrective pattern to further form. Enter short on the next impulse. Good luck to all.
There is divergence on MACD and we have a pattern setup. Look for a sell at the top and see if we get a break at the bottom. Good luck to all
letZtry;) 4HR EMA seems saved the bears but i prefer this direction atm:)
300+ Pips BUY Good Luck! KEEP THE RADARS UP!!!
Break out pullback levels provided...plenty of time to grab a few pips! 50+ Pips BUY Good Luck! KEEP THE RADARS UP!!!
Expecting a bit of relief from this dollar rally soon with this BAT formation followed by a push beyond the BAT to a BEAR CRAB... Good Luck! KEEP THE RADARS UP!!!
I believe we will hit target 2. The rest is speculative! If we break T2 SELL the BAT. If we reverse at T2 be prepared to SELL the trend line break lower. 40+ Pips BUY remaining to T2 Good Luck! KEEP THE RADARS UP!!!
Hey all, Here is a potential Bat Pattern setup on USDJPY 4H chart. It's currently at a decision point that I play close attention to. We are currently at the B structure zone and the market is putting up some resistance. I like to pay attention to this zone as if we do indeed break and close above this level there is a much higher chance of the trade...
As we know the volatility index VIX is inversely correlated with the market performance – the higher the VIX, the lower the market. Currently VIX is at record lows and the question how long it could stay there is relevant to many investors. On the chart I have marked an interesting relation in the VIX - a cyclical patterns. Some of my findings: 1. Spring months...
Hey guys, Markets have been a little quiet for me over the last few months. However, here we have just been entered in a Long Bat Pattern on EURUSD 4H. Already had a spike into the green however hoping for a move up into the 38.2 and 61.8 retracement levels for our take profit levels. Will be looking forward to seeing what happens with this in the week! Any...
75+ Pips SELL remaining...(90+ Pips with a pullback) Good Luck! KEEP THE RADARS UP!!!
I found broken upward channel (short term) and successful consolidation after the breakout. My advice is to watch for selling opportunities. The target is set at the price of 1.0527. I would put SL above recent high based on 1H time frame. Take my analysis like additional help to your own trading and never extend risk. Forex involves high risk.
Bullish Bat Pattern on the $EURUSD. The entry level aligns with the Daily 38,2 Fib Retracement of the total swing. Stops have to go below the 1.0600 Trade your plan!