USDJPY Possible Bfly Sell completion at 109.40 1 hour chart. Last Bfly failed, let's see if this one makes it! There is also possibility for ABCD 4 hrs chart with 1.618 very close to Weekly R1 at 110.03

EURUSD

EURUSD Downside not complete imo. Price just bouncing off WS1 + H4 Pivot S3 at 1.2771, there are still targets to be met. May be this will happen later with new H4 pivots.

EURUSD

EURUSD This could be how we get to support if price turns back up. Next move up if any shouldn't take Daily R1 out at 1.2883, this is Bfly Buy at strong support. This lightning bolt ABCD is also possible (we traded one on AUDUSD Monday) with ...

EURUSD

USDCAD This is 100 pips in profit now, next area for probable sell off is 1.1080 confluence resistance, therefore you should take some profit and the rest should have stops to BE. Short scalps from there with minimum stops is also possible. If price ...

EURUSD

USDJPY Potential Bfly Sell 1 hour chart. I will be looking at this week's R1 to test the waters with shorts at 110.03, area of 109.51 should offer some reaction at least. Meanwhile we just carry on as before. Main target is still 111.59.

EURUSD

AUDUSD Target reached, bounce started from WS1 + .786 Ret weekly chart, depending on the nature of this bounce will decide whether to add shorts or not. Scalps long are welcome but risking little.

EURUSD

AUDUSD This appears to be our next destination, completion of this lightning bolt 1.618 Ext + .786 Ret Weekly and bounce up is very likely. The level is 0.8854. Check next retracement on hour chart and you might be able to join party on the way ...

EURUSD

USDCAD I think retracement down is finished and now there is a daily reversal candle from Monthly support and .786 Ret 4 Hours with good reaction. The daily chart below shows an ABCD + H&S and how we could reach the targets posted last week. I tried ...

EURUSD

EURUSD Same pattern, same target, until that happens, there is no point in taking any positions (apart from scalps) imo. 1.2760 major 61.8 Ret Weekly chart is the last support before 1.2190. ABCD is a reversal pattern but this one is only on 4 hours ...

EURUSD

Natural support + 61.8 ret completion weekly chart + ABCD that you just posted. Now we need to break below .786 ret Hour chart.

EURUSD

EURUSD Price currently trying to challenge the last low which is 61.8 Ret Weekly chart of the move 1.21 to 1.40, so huge thing. If we break down our weekly target remains, however if we see another reversal from here it will start looking bullish ...

EURUSD

I see a wedge on 4 hours chart.

EURUSD

GBPUSD This is the tricky one, if you have more than one position take some profit all stops to BE because there will be extreme volatility with referendum results.

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Same weekly target after 1241 good R:R entry.

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All targets remain the same until we see any major changes in direction daily chart.

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Closed 1 long from MS3 and took a small short that is BE, if price breaks above I am out of the short.

EURUSD

GBPUSD Completing ABCD 4 hours chart 1.618 + weekly R1 + 50 % Ret swing from 1.66 to bottom.

EURUSD

Here you have the definition and one example this morning on GBPUSD 1 hour chart. url The only advantage in trading these patterns or others is that you know your risk parameters with precision, obviously you can't trade any patterns blindly, you ...

EURUSD

EURUSD 3 Bearish Drives pattern Completion of 1.414 Ext 4 hours chart coincides with target of Bfly Sell right wing posted here before, 1.618 Ext is slightly above around 1.3025. All these levels have been discussed on the previous post.

EURUSD

Look at confluence levels with the 4 hours chart. The 1.618 Ext 1 hour chart will be in line with 50% Ret on 4 hours + WR1, if price passes above I am out of all short positions and will wait for the next setup. Besides there is another pattern ...

EURUSD