Hi Traders,
Let's start off the brand new week with 2 potentially good trades. Reading the charts and listening to what it has to say, I see a potential of 300 pips presenting itself to us right this moment.
AUDNZD H1 - Price seems to react off the PRZ of the Deep Crab pattern, if there is a chance of it retracing back to the PRZ, I would look to potentially take a long trade. With targets at 1.0725 (potential +70pips from the PRZ)
The other trade setup would be the GBPCHF H4 Bearish Shark. We are currently at the PRZ this moment, however it does look like it has some more bullish momentum to it. Let is stabalise and show us a reversal pattern to go short. Targets would be at 1.3125 (+230pips from the PRZ).
Trade setups wit Harmonic Patterns is all about the ratios. It is easy to pick up and we always let the market show us the potential reversal zones. Trade well and trade safe !!