Bullish Cypher expected D leg completion awaited.
Daily EMA Support Trend continuation expected, specially with psychological level at 1.500 Awaiting candle confirmation to close above 1.500 for confirmation 3.82 Fib level in-line with Support EMA zone
M/W EMA Support RSI overbought / indication for a retracement Fib confluence 0.382 & 0.5 which is inline with previous resistance (possible to become support) Awaiting expected level to be hit for confirmation.
Bat formation awaited at D leg. T1: 86.848 T2: 86.520 SL: 87.664
GBPNZD Cypher pattern awaited at D leg completion. T1: 1.7654 T2: 1.7602 SL: 1.7815
Bearish Cypher on USDJPY Pair - D leg close to be hit TP1: 109.859 TP2: 109.416 SL: 111.131
Head and Shoulders Pattern formation Will be expecting a re-test for neck-line and then will be confirming short position.
Conditions for Bullish Bat met, awaiting Price level to reach D leg at 1.4871. TP 1: 1.4924 TP 2: 1.4958 SL: 1.4840
After we have met the long TP as a trend continuation trade, I am now awaiting a bullish cypher in case up-trend channel is broken to the down side. Momentum of up-trend is slowing down based on bearish RSI divergence on the 4H time frame. In case Criteria is men on D level without violating the Cypher pattern entry rules, will be expecting a long position from there.