Gartly/Butterfly patterns - All Pairs

The Eur weekly chart does look promising Mike.

For me I would like to see

1. the oscillator on the monthly chart go OS (not quite) .

2. a shift in pattern on the daily to higher highs and higher lows to confirm.

3. a reversal in the daily oscillator after this.

I liked your analysis of the COT report. Will be interesting to follow the developments..

A possible setup for a short position on the AUDUSD is occurring.

1. Price on the daily chart is at resistance. DToscillator is OB. CCI 50 can't cross the zero line.

2. Butterfly has developed on the 4 hour and 1 hour charts.

3. Signs of weakness on the 15 and 5 min charts.

Looking for a shift in pattern on the 15 min to lower lows and lower highs, and a break of symmetry of prior corrective swings.

it seems that the korharmonic indicator repaints it change its mind ?


best regards

AUDUSD sell possibility:

Where would enter the trade and what sop loss would you put?

Many thanks

the bc leg at 38.2 % suggests to me an extention of cd to 1.272

Two entries:
first entry: PA around 0.9165 level, conservative [email protected] or aggressive SL just 10-15 pips above PA, move SL as soon as possible to break-even.
Minimum R/R will be 2.0

second entry: PA around 0.9240 level, [email protected]
R/R - 3.8
Maximum Risk 2-3% (both position)

hope it helps

D1/H4 bullish PRZ:

Warning: Federal Reserve raised the discount rate by 25bp to 0.75 percent, this can lead to further gains in the dollar.

EURJPY short sell possibility:

Also bearish Gartley converging with resistance

B on 61.8, waiting for price to climb up to 85.35 to short.

Like this one...

sold @ 1.0875 & 1.0894,
first position move SL in profit 1.0808
second position move SL in break-even

sold@ 85.41 [email protected]
sold@ 85.36 [email protected]

nice one knias. manage to sell this at 8536 as well. lets see how far this can go

[email protected] move SL@BEP
[email protected] move [email protected]

[email protected] move [email protected] - SL triggered, position closed

emerging CADJPY bullish 5-0 Pattern

some interesting levels on AUDNZD: