We have a very nice potential bat pattern on FX:USDJPY with perfect targets. Both of our targets are perfectly located at structure levels. (look left for more confluence and check the levels). According to the structure we have very nice risk. Avto_T Green Luck ----------------------------------------------------------------------- ATTENTION: Very soon, the...
Sunday Morning Traders! What we have for Monday is a very nice long setup on FX:EURAUD So we have a nice bearish channel and inside the channel nice ABCD pattern which is more likely to complete somewhere in the Red Zone with the confluences of: 1. Fibs extension 1.272; 2. structure support 1.5581; look left and check this level. 3. channel edge right at...
On FX:EURJPY we have the best long setup. There is a cup & handle pattern with very nice handle which forms a flag pattern as well, and this is a continuation pattern. Besides we have potential ABCD pattern. Our targets will be the next structure resistance @138.09- look left for more confidence- and a very nice fibs 1.272 confluence right at this level. The...
Here is another setup on FX:EURJPY We have a very , very nice shorting opportunity. There is a very good structure @137.04, look left for more confluence. Besides the structure we have a completed bearish bat pattern. I suggest to go short at structure as the market has upward momentum, and according to my analyzes the structure must act like a wall. Our stops...
Harmonic pattern is ready to go short on FX:EURJPY We have a bearish gartley with the confluence of fibs 61.8. Our target 1 is around the next support and fibs 31.8 and the target 2 deeper support with fibs 61.8. Besides look left and check the structure levels for more confluence. GL (Green...
If you love cypher patterns but didn’t catch this one yet, now might be the time. First off we have a completed cypher. Price action has come up into previous resistance at X but has not violated the 1.6150 level. The market has also double topped in that resistance zone. We are now much closer to our stops than when I personally got in at D completion (1.6065)....
Looking for potential Cypher Pattern completion at 1.13387. Putting stops 20 pips above X at 1.13827. Target 1 & 2 at .382 & .618 Fibonachi retracement. 2.59 risk/reward at T2. Rolling stops to break even if we hit T1. Don’t forget to add a little cushion for the spread. Plan your trade and trade your plan.
Looking for potential Bat Pattern completion at 1.05787. Putting stops 20 pips below X at 1.05099. Target 1 & 2 at .382 & .618 Fibonachi retracement. 2.1 risk/reward at T1. Rolling stops to break even if we hit T1. Don’t forget to add a little cushion for the spread. Plan your trade and trade your plan.
Possible bat pattern is it finishes. Let me know what you think. any comments are welcome. thanks, Good Luck with your trades
CTS SCORE: Major structure-2 AB CD Completion-2 Triple Top-2 Ratio confirmation-1 Sorry guys Thats Major resistance not support
THE WEEKEND IS HERE AND FOR ME ITS THAT TIME WHEN I DO MY REVIEW OF ALL MY TRADES AND ANALYSIS. ON MY RADAR FOR MONDAY IS THIS BULL GARTLEY. AT FIRST I SAID NO, BUT AS I CHECKED THE RATIOS IN MY RULES THIS PATTERN IS VALID. IT'S NOT THE BEST LOOKING GARTLEY BUT IT MEETS MY RULES/ LETS SEE WHAT MONDAY BRINGS
Hopefully price continues up to 1.618 to set us up for a potential bearish butterfly pattern trade. The 1.618 level also lines up with previous resistance.
The pair is now trying to complete the BC leg at the 1.27fib.ext from XA leg. If you scroll out to the daily you will that this area has been a previous battleground. Stops needs to below C.
As we start to look back into the historical movements of the chart, we see that our Bullish Gartley was indeed confirmed, but now we move on to more possibilities within the Euro Dollar. The first leg of our bearish gartley is seen after we hit our final 61.8 target in the much larger and overpowering bullish gartley into the lower high of the uptrend. Let us...
We see the supply area met at 1.55361, and a downtrend following closely afterwards. We find support at the demand area at the 1.46000 area of the GBPUSD which follows through into a 38.2% pull back at resistance. 2.25 Reward to Risk ratio if pattern is met. Be on the lookout for any high impact news, or a break below demand that may alter this pattern.