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NZDCAD - Potential bearish gartley.
GBPJPY bearish SHS and a potential CYPHER.
can reverse towards 1.3600
AUDNZD - bullish cypher worked out.
Three potential patterns on GBPJPY. A bullish cypher (blue), a bullish butterfly (red), a bearish gartley (green).
Three potential patterns on GBPJPY. A bullish cypher (blue), a bullish butterfly (red), a bearish gartley (green).
Hi Ryu,
After my analysis, the Gartley seems now broken... In my opinion the Cypher and Butterfly are great, I would rather buy deeper arround 171.22.... If my forecast of the 3 drives is filled it could me a beatiful trade !!!
Don't hesitate to comment my analysis...
Regards
Bearish Butterfly, perfectly successful with the first target hit.
Another possible bearish pattern, already in PRZ. If we were to meet the expectations of a grand slam.
Hi Ryu,
After my analysis, the Gartley seems now broken... In my opinion the Cypher and Butterfly are great, I would rather buy deeper arround 171.22.... If my forecast of the 3 drives is filled it could me a beatiful trade !!!
Don't hesitate to comment my analysis...
Regards
I like the way you analyze. I like predicitng where the market goes next like that.
Hi Ryu,
After my analysis, the Gartley seems now broken... In my opinion the Cypher and Butterfly are great, I would rather buy deeper arround 171.22.... If my forecast of the 3 drives is filled it could me a beatiful trade !!!
Don't hesitate to comment my analysis...
Regards
Take a look at the candle in the circle. A spinning-topped candle. To me it looks like that level is wisy-washy. i.e. there's a possibility that price bounces or easily break through it. In fact, price rallied back a bit after reaching the level. With that being said, I think it is not clear which direction the price goes.