XAUUSD Made a retracement to to the downside giving an opportunity to go long. Trend Continuation expected until the reach of Giant Cup and Handle Patterns Profits. (Watch my previous idea about XAUUSD for that pattern) 700 pips of Profit potential. 1.9 Reward/Risk Ratio.
Potential Gartley BUY pattern in GBPNZD 1 HOUR Chart Wait for the trade confirmation inside the highlighted zone. 80 pips of profit potential
For weeks I've been looking at the potential Bearish Cypher on USDJPY on Daily Charts, and this week market hit the entry level. As you can clearly see the stop loss is so huge if you enter right away at completion level, so I was waiting for the market to go further in the PZR in order to get less than 100 pips stop. Currently there is less than 100 pips and...
I have my eyes on a potential advanced harmonic pattern - Bullish Bat, on GBPJPY 1H. Since we're in bullish trend I will use the Bat formation as an entry reason, with extended 2nd target. Here are the Entry, Stop and Target Levels: Entry @ 145,35 Stop @ 144,91 Initial Target 1 @ 145,95 Initial Target 2 @ 1146,91 Good Luck!
GBPUSD is in a clear bearish trend on 15M, and market gave me a potential entry in order to hop on that bearish trend. Market is forming a potential bearish Advanced Harmonic Pattern - Bearish Cypher, that is perfectly aligned with the bearish trend. Since we are in an establish trend with no recent structure level to the right I'll go for extended targets(retest...
I've spotted another Advanced Harmonic Pattern on yen pairs, this time I have a potential Bullish Cypher on my eyes, on 15M. Here are the Entry, Stop and Target Levels: Entry @ 127.76 Stop @ 127.24 Initial Target 1 @ 128.22 Initial Target 2 @ 128.50 Try not to overextend in yen pairs, because there is the almost the same setup on GBPJPY Good Luck!
On GBPJPY, I have my eyes on potential Advanced Harmonic Pattern, and this will be a Bullish Cypher on 15M. This Cypher barely touches 1.272 but we still have a valid C point :) Here are the Entry, Stop and Target Levels: Entry @ 145.52 Stop @ 144.90 Initial Target 1 @ 146.06 Initial Target 2 @ 146.64 Good Luck!
good day everyone we are now awaiting for a lower low to take a sell position on the EURJPY to complete this potential D leg for a bat pattern
in the chart you can see the potential bat pattern in this currency. We have a nice bullish engulfing candle at the C leg. I think we have a pullback first and then the price will fly. After that we have a great short opportunity on this pair. I drew All of the entry point and stop loss in the chart. I think the news that will publish also help the pair to fly,...
May have a bearish Gartley formation if price action pushes up to the 139.576 zone. if price action does reach the zone will be looking to get in aggressive with to targets. 1st target 138.686 2nd Target 138.074
Shown is an emerging Bat Pattern coming out of a very strongly trending bullish reversal. Short entry / TP at 'D' completion point. Target 1 is .382 of CD Target 2 is .618. of CD The risk reward on this trade is decent at 2.74, with stops shown at about $18.80 USD for Mega bullish move. In such a situation, I'd expect to see action reach for the upper...
good day traders now we see on the radar an opportunity for a bat pattern shorting now as per the targets showing and then we go long
• We have some US data (unemployment figures) coming out today. • The data could either act as a catalyst for these predictions, or it could completely re-write short-term price action rendering this analysis moot. • Box Theory© is currently giving credence to a potential Cypher Pattern. • Nothing to trade yet, just conjecture and rhetoric at this...
Hi! On USDCHF is an opportunity for a fantastic LONG trade! Risk/Reward 1 : 2 Entry @ 1.0186 Stop Loss below 1.0132 Take Profit @ 1.0299
Best trading point is D. Trade Please wait for the pattern confirmation.
Potential short opportunity at the completion of Gartley pattern.