This trade is to hedge for my previous Aud NZD trade. I believe that if this trade completes, then it is likely that the market will rally from point D to the 1.618 extension of the BC leg; Because the pattern has completed in the negative deviation of both the last 100 and 200 moves. Now in order for the market to remain bullish , it will have to cross back above...
This is my trade hedging for the NZD/ USD trade, although this trade appears to be a bit stronger, being that the butterfly pattern completed in both negative deviations. So if this market respects the pattern , we should see a rally to the 1.618 extension of the BC leg. Limit is the 1.618 extension of BC Entry is the Point B of the butterfly pattern Stop is at...
Here we see a butterfly pattern on the Nzd/ USD charts. the pattern has completed in the negative deviation of the last 100 moves. According to my strategy, if a bullish harmonic completes in the negative deviation area, it is likely that the market will rally back up into the positive deviation. The only thing to worry about here, is that over the last 200 moves,...
Here we see a cypher pattern on the Us Swiss charts. This pattern is indicating that the market will reverse upon completion, and is supported by completing above the linear regression line. When a Bearish pattern completes above the standard deviation line, it is likely that , If the market is bearish, the market will rally back under the line , and similar to...
Here we see a Cypher pattern on the New Zealand,/ US charts,. This Cypher pattern is supported by a linear regression of the last moves with a standard deviation of 2 &-2 and the source set on High. The market has completed the Cypher pattern and continued into some consolidation, which tends to be fairly normal. The expectation is that the market will rally out...
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 solid cypher pattern on the AUD/JPY charts. I suspect this will rally to the 1.618 extension of the BC leg, as always, remember, consistent strategies make money. I have places my stop at point X and my entry at point B giving my a 2:1 risk reward ratio. I have forecast that the market will likely continue in the linear regression channel, which...
#EURUSD Bat Pattern Short Idea (Bat, 50sma, Structure) @TradeYoaha TradeYodha.com
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 we see a completed Cypher pattern on the Canada japan charts. The pattern suggest a continuation in downtrend and appears to be respecting the linear regression. I believe that the market will rally down into the 1.618 extension of the BC leg before consolidating again, or reversing. I have placed my entry at current market price, my stop is at the...
Here we see a basic bat pattern at meets all criteria. I believe that the bat pattern is about to, or has completed and i on the rally to the 1.618. I have placed my stop at the lowest low of the pattern, my entry is in the middle of the previous structure around .80180. My limit is at the 1.618 extension of th BC leg. Thanks for checking us out, like comment...
#USDJPY Short Idea (Butterfly, Harmonics, 200sma) @TradeYodha TradeYodha.com Further my analysis which resulted in very good profits: Analysis: 1. On higher time frame it is ultimately forming Head and shoulders pattern 2. 10 sma has gone past 200 sma and 50 sma showing high downward momentum 3. Price is not stretched away from 10 sma indicating the...
#USDJPY Short Idea (Structure, Fibonacci) @TradeYodha TradeYodha.com 1. Is Daily chart showing us a possibility of H&S (Head and Shoulders) forming? 2. on 4H zone we have 200sma. The price has closed above 50sma so the next target can only be 200sma 3. 200sma is in an important area where there is a lot of fib confluence indicating formation of advanced...
#AUDUSD Long and Short Ideas @TradeYodha TradeYodha.com 1. Possible Bat formation for a short entry 2. Price has been extending upwards. It has already show a bearish divergence 3. if it falls to lower zone where 50sma is along with 200 sma, we can go along for 1:1 target followed by 2:1 and depending on what markets gives us, we can ride upto completion of...
#GBPNZD Cypher & Gartley for Targets Going long with stops based on daily.
#USDCHF Revised Tale of Cyphers & Gartley USDCHF is giving us various signals for potential long targets and short set ups We have 2 cyphers and 1 gartley. Gartley has 10 sma close on 4h middle cypher has 50sma close on 4h upper cypher has 200 sma close on 4h
#DXY 1H Long Opportunity (Gartley and Cypher Patterns) @TradeYodha (TradeYodha.com) 1. 50 sma in the upper zone of Gartley 2. 200sma in the lower zone of the cypher I would love to hear your opinion, feel free to agree or disagree in your comments. Please give it a (thumsup) if it makes any sense.
#NZDUSD Multiple Opportunities (Gartley, Structure) @TradeYodha (TradeYodha.com) 1. 4H can form a Gartley Pattern but point B is a good support area so we can have a bounce from there too. It has 200sma in it. This gives us 2 opportinities for Long. First at point B and second at D 2. Point B can be seen in 1H chart as lower zone. We can target 1:1 R/R 3. 1H...