Looking forward to buy the AUDUSD 2618 pattern at the H4 timeframe
We can see a three drive pattern formation in USDJPY 0.21% , all the symmetry of the pattern is been respected by the fibo ratios in every wave. We could say that price is ready for the short, we also need to have in consideration that drive 3 could extend to the 1.618 as part of the formation of the pattern, usually trend changes at the 1.272 were prices is at...
We have been following the usdcad structure, same structure that indicates big drop for the USDCAD, we can see several pattern confirmation on the charts that gives a clear idea from where price will start the drop. First we have a three drives pattern that have identify and review on previous idea. As usual in the three drives pattern, on tops/bottoms advance...
Looking long in the weekly chart for GBPCAD good 2618 pattern develop and we looking to ride the 5th wave for this trend
Confirmations for Cypher Pattern: - A to B must touch 0.382 but cannot exceed 0.618 (on this case B is below 0.618) - B to C must touch 1.272 but cannot close below 1.414 (Trend-Based Fib Extension) - C to D must touch 0.786 of X to C - First TP at 0.618 of D to C (Fibonacci) - Second TP at 0.382 of D to C (Fibonacci) - Third TP back to where it all started...
In this idea we apply technical to USDCAD 0.08% first approach on this pattern been at weekly timeframe and published on the daily so you all can have a better look at it. We looking forward to sell high at the very top around the 1.272 extension area. Which comes to be the same are for the -0.27 for the fibo retracement Pattern is forming and respecting...
Looking at a potential 2618 pattern formation for GBPJPY on H4 looking forward to short the pound at the 0.618 of the fibo retracement. This pattern will complete the leg extension for a bigger gartley pattern at weekly timeframe
Looking bath USDJPY -0.15% charts we see price have rejected a weekly support. On H4 price closed outside the channel were price was consolidating. Now we see price closed above and retested the trend line creating a flag pattern formation looking prices to reach the fibo extension levels right on the next major resistence Godd trading
Looking price to reach .618 of the last impulse in AUDJPY to short this pair placing take profit at the -0.27 of the same fibo retrecement
Looking BTCUSD to a good short opportunity, directly to support price is in the 0.382 fibo level. Good trading
We can se a flag pattern formation D1 on LTCUSD using our fibo retracement we could see rejection at ratio 0.786 Long term take profit will be at the -0.27 price
As we have been seen in the market the dollar is losing value. Since XAUUSD is consider a contrary economy to the dollar we saw a big rally up, which correlate directly with USDJPY, which yen also is consider a contrary economy
Head and shoulder pattern formation in BTCUSD look for selling zone
This looks like a got time to trade long and also to buy and collect some coins, technicals shows good rejection on support trend line looking forward to buy this crypto
Hi there, LTCUSD is still bullish . It is setting up for breakout. Watch bottom for buy before the breakout. Good Luck fellows.
Looking a nice head and shoulder pattern here at USDJPY looking for good selling position, first TP would be neckline from the pattern
Look for top price to sell GBPCHF we look a big wave don't respecting the D1 channel. Look for TP1 at the zero line and TP2 and the the tendency line.