$GBPJPY D CHART BEARISH ABCD PATTERN A FEW WEEKS AGO, THE MARKET PUSHED DOWN JUST LOWER THAN THE 1.27% FIB EXTENSION FOLLOWING THE ROUGHLY 45% AB RETRACEMENT. THE BEARISH MOVEMENT EARLY THIS WEEK AND THE PATTERNS BELOW INDICATE THE MARKET IS GOING TO RE-TEST THE LOWS IN THE 155.00-156.00 AREA AND POSSIBLY PUSH DOWN INTO THE […]

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AUDUSD D CHART BEARISH BUTTERFLY PATTERN I’VE BEEN WAITING FOR THIS TO GET AROUND 0.7500 FOR A FEW WEEKS NOW! WE BOOKED 200 PIPS ON IT LAST WEEK TO THE UPSIDE, BUT NOW IT’S TIME TO SELL. THE BREAK OF LOW AT 0.6900 (BLUE CIRCLE) TELLS ME WE’RE LONG TERM BEARISH, SO I REALLY LIKE […]

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I’M MORE AMPED FOR THIS TRADE THAN ANY TRADE SO FAR IN 2016. HERE’S WHY… USDJPY W CHART BASIC PRICE ACTION ANALYSIS. WE’VE BROKEN BLUE BOX STRUCTURE, NOW WE ARE RE-VISITING STRUCTURE LOOKING FOR THE CONTINUATION TO THE DOWNSIDE. THE FIBS ON THE LEFT SIDE OF THE CHART ARE FROM THE IMPULSE TO THE UPSIDE […]

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GBPUSD D CHART BEARISH ABCD PATTERN A 50% RETRACEMENT GIVES US A 2.0 PROJECTION DOWN TO 1.3500, WHICH IS JUST 100 PIPS BELOW THE 1.414 AB FIB EXTENSION AT 1.3600. YELLOW BOXES MARK PREVIOUS STRUCTURE LEVELS. NOTICE THE 0.382 FIB RETRACEMENT LEVEL (USING THE DOWNSIDE SO FAR FROM THE C POINT) AT 1.4152. GBPUSD 4HR CHART […]

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HERE ARE 2 GOOD REASONS TO GET LONG ON $AUDUSD NEAR THE RECOMMENDED PRICE. AUDUSD D CHART BEARISH BUTTERFLY CD LEG THIS IS A BEARISH PATTERN, BUT I’M LOOKING TO CATCH THE CD UPLEG OF THIS MOVE BASED ON THE TRENDLINE RESISTANCE BREAK (BLACK DOTTED LINE) AND THE ABCD PATTERN WITHIN THE HARMONIC. THE ABCD […]

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EURUSD D CHART BEARISH BAT PATTERN THE BAT PATTERN HERE IS PURPLE. THE PREVIOUS PATTERN IN YELLOW WAS A BULLISH BAT PATTERN THAT HAS ALREADY HIT THE 61.8 FIB TARGET. IT’S POSSIBLE THAT PRICE WILL MOVE UP TO THE PREVIOUS PATTERN C POINT @ 1.1500 BEFORE STABILIZING AND REVERSING TO THE DOWNSIDE. BUT, WE HAVE […]

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EURJPY D CHART BULLISH BAT PATTERN I’M GOING FOR THE EXTENDED MOVE UP TO THE 0.618 TARGET AT 135.25. WE HAVE CONFLUENCE IN THIS AREA WITH THE 1.618 FIB EXTENSION USING THE RECENT UPLEG. EURJPY 4HR CHART USING THE RECENT UPLEG, THE MARKET LOOKS TO BE FINDING SUPPORT AT THE 61.8% FIB RETRACEMENT LEVEL. THIS SUPPORT […]

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HERE ARE 3 GOOD REASONS TO GET LONG ON $GBPUSD NEAR THE RECOMMENDED PRICE: GBPUSD D CHART BULLISH CRAB PATTERN THE CRAB PATTERN HAS A VERY EXTENDED CD LEG. NOTICE THE STRONG BULLISH MOVEMENT STARTING AT THE D POINT. THE MINIMUM UPSIDE WE SHOULD SEE FROM THIS PATTERN IS 1.4785, WHICH WAS NOT REACHED LAST […]

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THE PREVIOUS $GBPJPY TRADE PICK WAS STOPPED OUT FOR A LOSS. IT WAS A BULLISH CYPHER, BUT WE HAVE ANOTHER OPPORTUNITY ON THE 1HR TO GET LONG TO THE SAME LONG-TERM PROFIT TARGET AT 176.00… GBPJPY 1HR CHART BULLISH SHARK PATTERN THE SHARK PATTERN IS SIMILIAR TO THE CYPHER, BUT THE CD LEG ON THE SHARK […]

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I’M LOOKING TO BUY $GBPJPY ON THE COMPLETION OF THE SHORT-TERM PATTERN (1HR) UP TO THE ORIGINAL TARGET FROM THE LONG-TERM PATTERN (D) AT 176.00. GBPJPY D CHART BULLISH BUTTERFLY PATTERN THE MINIMUM WE SHOULD SEE ON THIS LONG-TERM PATTERN IS A PUSH UP TO THE 176.15 AREA. SO I WENT LOOKING FOR A SHORT-TERM […]

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