To this time, we can't do anything in this Pair GBPJPY 0.02% , after breaking the support rectangle in red, we can be short with a TP:128:000 and SL:140 000. LONG TERME TRADE :) have fun and Good luck to everyone.
We have a very high probability for a short trade in USD/JPY, TP 108:000 SL: 112:000
Look for stocks above the SMA 200 and SMA 50 and equal to or above the SMA 20, but under the SMA 10. Once Stock is in between the SMA 20 and SMA 10 zone and is highlighted Red due to the Pet-D indicator, and the next day turns green, buy the day after. This is a massive bull signal that will earn large profits. In addition, the edited Wavetrend indicator can be...
This pattern shows a gaining support of an uptrend for UJ. After a long drop, its finally hit resistance at 106.5 and has been rising ever since, as shown by this 4h chart.
here we see a Butterfly pattern forming on the Euro against the Yen. If the pattern makes it above 136.025, the pattern will be complete, in which case i have places my entry at point B , my limit at the 1.618 extension of the BC leg , and my stop at the Red D point, because at that point , we are at roughly a 2:1 risk reward ratio, also because I am going to...
Here we see a butterfly pattern on the Euro, Pound charts. Like most trades i make, i try to find support inside the linear regression channel and here we see the patern complete along the linear regression and the butterfly would suggest that we rally back up into, if not past, the positive standard deviation line. I have placed my targets like any other...
Here we see a Gartly pattern with a respected linear regression, suggesting the market will rally even higher for Verizon. the RSI suggests that the market is not over bought and the linear regression shows an obvious uptrend as well as the Gartley pattern suggesting a move up, so i have decided to get in long. I have place my entry at current market price...
Here i see a Cypher Pattern on the NZD/JPY chart. And what i noticed, if you zoom out; on the daily chart there appears to be a crab pattern that has rallied as if it going to complete as suggested, but this Cypher pattern has me thinking that the market will more likely continue in downtrend and break the structure of the crab pattern therefore ruining that...
Here we see a gartley pattern that was powered by another gartley pattern in some consolidation on the 30 min USD/CAD charts. If you were smarter than me, you noticed the original Gartley pattern formed in this consolidation (highlighted in orange). I personally did not trade this pattern, but it played out perfectly to the 1.618 extension of the BC leg. That...
Here we see a developing Bat pattern in a triangle or wedge pattern. we know that wedges generally rally out at 3/4 of the triangle, be it up or down. So what we should expect to see happen here is that the market will rally down into previous structure around the 1.618 extension of the AB leg. when the market does so, it will complete the bat pattern...
In order to recover from my loss on USD/CAD, I have found a Gartley pattern in the market at around 1.20090. this pattern looks pretty strong and i predict that the market will reverse to the 1.618 extension of the BC leg of the Gartley pattern. I have placed my short as high as I would consider the pattern effective, and my stop at the top of the Garltley...
There is a bat pattern forming on the EUR?USD 1 hr. It apears as though the market will reverse after completing so i placed my buy at the end of the pattern as you can tell. After crossing that line we should see a rally to the 1.618 extension of the BC leg, giving us a roughly 2:1 risk reward ratio. follow this trade, it will be an interesting gain. Don't be...
After completing the crab pattern posted yesterday, we noticed that the market rallied into new structure highs. In the new consolidation I see a butterfly pattern on the 30 min GBP/USD charts. I caught it a little late but i'm getting in halfway down the trend still leaving me a roughly 2:1 risk reward and some decent profit. I believe that the market will...
The market retraced before reaching our shorting point, but in the process recreated a crab pattern to complete in roughly the same zone. should keep the same shorting opportunity and stop limits. Good Trading
As you can see price is is just at the bearish trend. if price break, it should go the top at 121-122 area. But if price bounce it should go to the Support at 118.10-118.50 area. if price break this support it should go to the bullish trend and then we can see if price bounce or not to make another trade. For many reason i didnt put in the chart i believe more...
Price is at the resistance of a bullish wedge. there is no signals of a break of the resistance, so if price dont break, there is a possible trade going short to the support area. 601bps of gain. i will post a new analysis for go long at the support and a possible break of the resistance for go long again with a bullish wedge pattern.