We are currently bearish and with a lot of room to go, next support is around 129.75. This cypher appeared at a good level of structure, giving us an opportunity to get with the trend
If you go back in the chart, you will see that we just broke major resistance. Now, we are testing that level of structure and the price may give us a Cypher as an entry reason.
We moved lower, breaking many structure levels and making a L3C. I immediately think bearish, and we may have an opportunity to go short. We had a Double Top at previous structure (OR), and I'm now waiting to see if the 2618 completes.
Hello Traders, This market has been forming a series of lower lows and lower highs. We have broken these highs to form an area of consolidation. We have a potential Bat pattern completing at 106.39. In this area we have some support and Fibonacci confluence. This is where i expect price to react. Target 1: 106.71 Target 2: 106.92 Feel free to comment, like,...
BAT PATTERN PAIR: EUR/USD TIME-FRAME: 1D TRADE: BAT PATTERN Really big Bat Pattern to keep on the Radar for the EUR/USD NOTE: These are potential trade opportunities. Please re-analyse the trade before executing. Star Prosper Philip Stewart WEBSITE: www.StarProsper.com FACEBOOK: facebook.com YOUTUBE: www.youtube.com
VIDEO: www.youtube.com CYPHER PATTERN PAIR: AUD/USD TIME-FRAME: 1HR TRADE: CYPHER PATTERN Potential Cypher Pattern on the AUD/USD 1HR time frame. IF we reach point D, THEN we sell. NOTE: These are potential trade opportunities. Please re-analyse the trade before executing. Star Prosper Philip Stewart WEBSITE: ...
Hello Traders! Here is a perfect bullish gartley with 61.8 and 61.8 ratios on FX:EURAUD . If the market comes to 1.5605 it is a buy signal with the targets of 38.2 and 61.8, stops should go below 1.5515. Recently we had very nice harmonic patterns on this pair, which were triggered successfully, I assume this one will be profitable as well. -- Avto_T Financial...
TREND CONTINUATION PAIR: XAU/USD TIME-FRAME: 1HR TRADE: TREND CONTINUATION Waiting for Gold to give me a better entry on a possible trend continuation trade. NOTE: These are potential trade opportunities. Please re-analyse the trade before executing. Star Prosper Philip Stewart FACEBOOK: facebook.com YOUTUBE: www.youtube.com
CYPHER PATTERN PAIR: EUR/USD TIME-FRAME: 1HR TRADE: BULLISH CYPHER PATTERN Cypher Pattern @ Market, have bought EUR/USD on the back of this completed pattern. NOTE: These are potential trade opportunities. Please re-analyse the trade before executing. Star Prosper Philip Stewart FACEBOOK: facebook.com YOUTUBE: www.youtube.com
Higher Gold and Silver ratios usually mean lower precious metals prices. By the looks of this chart, it seems likely that Gold and Silver mights still have one or two legs lower before this Bearish Broadening Formation plays out with a higher high as it test the top of channel at around 88 On a better note, looks like Gold and Silver are due for a huge move to the...
I analyzed this pair before for a test of the lows from .7062 to .7022, and an extended target for an scenario of a breakdown, but it didn't happen and got only the test of the lows, and now we have this even better opportunity! If the doble top completes would bring an excellent R/R. You can always enter aggressively but the R/R will not be THAT good.
Good morning everyone. Today we have a sell setup on FX:NZDUSD . As we see there is a very nice triangle with key support and resist levels and the bearish gartley pattern which completes at the triangle structure zone @0.6487. It is a very nice short setup as the trend is bearish these days. Our R/R is very good with 2 targets as shown on the chart. Stops should...
Getting our plans ready for next week! This one won't need confirmation just for the bat itself, let's see if we get filled. BOOM!
The same trade as before, the same pair, the same rules! Waiting for a reversal pattern in this timeframe or in a lower one to enter in a good R/R. But how there isn't a major structure and no reason to the downtrend to end, i'm not going to be to greedy with my targets, one at the .382 to secure some profits and the other one at .618. GOOD TRADING!
The same thing, i had identified that area as resistance but i didn't had that much of evidence, and of course the R/R was good but not THAT good, and was safer to wait for a confirmation. Now, the price reached the resistance, went overbought and now is retracing, i would like to see a test the .7208 level again making a double top. But also an harmonic pattern...
The EURGBP0.18% has multiple times had trouble with the dashed blue line (both now and in the past, go the the 4hr chart!) but has recently broken through it and is now coming back up. We look to short it when it comes back into the 0.7155s again as we then get what i call the "broken fang" setup meaning that price prints lower lows but equal highs. We are also...
I' won't trade the smaller ABCD, the idea is to buy when the price is really oversold, but a reversal pattern and confirmation is still needed, the structure where the stops should be is too far. REMEMBER: Use this information to get ideas for YOUR analysis, don't trade blindly what other traders trade.
On Thursday the GBPUSD broke a very important structure level around the 1.58 even handle. Since that moment I had to redo my I.P.D.E. and shift my focus from a potential short at that area, to a potential long to hop on the underlying trend. In yesterday’s update I told you guys that I was looking for a retracement and you know what it looks like we’ve got one,...