I trade purely on technical analysis. I cannot predict what will happen next, i simple follow my trading plan, and if trades set up that fits this plan i take them. Here is 2 potential gartleys :)
Patterns are Best in what they do :) Disclaimer : I don't degrade other strategies, every strategy is good in own way ! Find this wonder while doing my Sunday morning analysis... 5 back to back patterns in IDBI Only the Bear Cypher is yet to complete in IDBI I didn't mark patterns which hit stop loss Happy Sunday !!
We have 2 opposing Bat patterns under way. Lets see where the market goes. Good Trading Guys
As we come closer to the end of the week we coming close to a possible back to back cypher. Good Trading Guys
Hello, Errol Here... In the comment I will share 2 links with you of which 1 of them will be my Weekly forex Forecast and 2 will be a video I did on how to trade the Cypher pattern. All the rules and what I use to determine stops and targets. Dont miss these videos so check the comments below
While I am still grabbing pips from the previous trade I posted ( a bullish bat pattern, see link below), a new pattern is taking shape. A bearish cypher can complete around 0.7130. If price action reaches the red zone, I will look for a sign to stop and reverse the trade, so at this moment I cannot give you an exact entry point. Stop Loss would go above 0.7160...
lets see where the market goes. Good Trading Guys
My home currency is giving traders the opportunity to trade the Gartley pattern after the fill on the Bull Cypher. Lets see if a back 2 back trade can be achieved. Good Trading Guys
At market Cypher, willing to ride this bad boy to the 0.618 for a back 2 back trade for a 2618 setup Good Trading Guys
AS oil sells off to the down side, pattern traders have 2 shots to get involved on. First, the bear bat which is in line with the underlying bear trend. As well as a bull bat which is more clear on the 4 hour chart. Good Trading Guys