either sell or buy let the market come to youbearish flag formation lets see if it plays out in our favor
Hamronics
DE40 IS ABOUT TO GO DOWN!!!The market is current at support. It is about to complete the third touch of descending pattern to go for its third touch the market will move up.
GBP/CADBuy: GBP / CAD
SL @ 1.65290
TP @ 1.66810
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
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Have a good week to everyone
It is not an investment recommendation
US Oil Here we have US Oil creating a bearish Bat pattern. Its a Really nice pattern to consider. a good entry point would be the 127 XA Projection. I say that becasue there are a weeks worth Piviot Points lined up at that price point.
GBPCAD a la bajaEsperamos para entrar en short / ventas en GBPCAD
Tenemos dos patrones convergiendo en la misma zona de ventas
Nuestra entrada recomendada es en el OB y 0.88
Entrada en 1.31250
colocar SL en 1.3403
Take progit en 1.25805
Veremos como nos trata el mercado.
Saludos y que tengan excelentes trades!
XBTUSD IntraDayBlue Zone : Sell Zone
Green Zone : Take Profits
Grey Line : Best Entries
Red Line : StopLoss Area
NZD/JPY Short - Bearish Butterfly I am somewhat iffy about this trade as the zone where point D could be is HUGGEEEE. I probably won't be trading a lot of butterfly patterns because of this.
EURUSD Potential Shorting OpportunityHello Traders,
We have a potential Gartley pattern forming on this pair completing at 1.606.
Price has currently been moving sideways on the daily time frame.
Looking at the weekly time frame, in the near future I am expecting a break of this sideways movement and a continuation downwards.
We also have a few other confluence factors:
1. Minor resistance
2. Potential trend-line resistance
3. AB=CD harmonic move in our potential reversal zone
4. RSI approaching overbought conditions
I will be keeping a close eye on this pair.
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Huge false break to the 61.8 Fib level The news about 888 buyout (and later the news about the proposal failure) made the stock spike above the weekly 61.8 Fib level, which was also a major structure resistance zone.
Currently 888 still finds support on a small weekly structure zone (140-150), but judging by the daily price action, we could see the price breaking this support zone in the near future.
The confirmation will be below 135
Potential targets are the previous lows and the 200 SMA line
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