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Bull Cypher pattern formed here with D pattern completion at 1.30220, just above previous structure. Entry: 1.30220 Target: 1.30670 Exit: 1.29780

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See chart. Support @ 1.2870 Resistance @ 1.30230 Can play the range ahead of tonight NFP release, as the market is likely to move sideways before the announcement.

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Hi Traders, We have a lovely Head & Shoulders (H&S) reversal pattern here on GBPAUD. If you are looking for a short entry, see the chart above for a potential setup. The head and shoulders reversal is now complete with the break and close below neckline support. A pullback into that previous support level will give bears a solid opportunity to add to positions or...

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Hi Traders, Here is a valid 2618 setup. Entry: 1.47010 Stop: 1.47510 Target 1: 1.46410 Target 2: 1.46130 Luke

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Hi Trader, We have a bearish Gartley pattern forming here with entry very close to market. Trade details: Entry: 0.72370 Exit: 0.72710 Target 1: 0.72090 Target 2: 0.71910

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There is a valid 2618 long setup very close to market at 122.690. I have been in this trade since my order was filled in the first hour of trading last week. We didn't quite make it to the first target at 124.64 and have since dropped back down to entry price. The trade is still valid, so if you trade double bottom reversals (2618), this is a chance to enter if...

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Hey Trader, We have a bullish Cypher pattern forming here on USDJPY with D leg completion at 109.130. I am currently in the process of back testing Cypher, Gartley and Bat patterns with the intention of adding at least one of these strategies to my current trading repertoire. Only take trades if they meet you pre-determined trading requirements and trade plan....

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Hi trader, GBPAUD has been in a strong uptrend for the last two weeks. The breakout of 1.9450 suggests to me that this pair is likely to continue higher into next week. Trend following traders may already be long on the break (if so, well done, now just hold on!). If you have missed it, a more conservative play is to wait for a pullback to the breakout point of...

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GBPUSD has pulled back to a nice level of previous structure. Look left on the chart and you will see that the market has respected the 1.4450-1.4500 zone on multiple occasions over the last month. I am looking for buying opportunities in this zone, in particular, looking for a double bottom to form on the hourly timeframe for an entry. If that trade setup plays...

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We have a potential selling opportunity here on Aussie at the pullback to the 61.8% fibonacci retracement. This setup is one of the larger risk trades I will take with stops being over 100 pips. Price is 30 pips away from my entry point and will likely reach the order point during the upcoming session given the solid rally we are seeing. Trade...

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Here is something different from my usual 2618 reversal setups, trend continuation traders will like this one. We have a trend continuation opportunity on USOIL coming in around $42. This level has been an important level for price action over the past month. You can see on the chart that price failed to break and close above $42 on two attempts, before making...

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Hi Trader, We have a 2618 setup forming here on EURUSD in the context of the longer term downtrend. I am particularly confident in this setup for a number of reasons. The early-week rally has been almost completely eliminated with yesterday's selloff. A valid 2618 setup has formed with the double top and close below neckline, confirming the potential for an...

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Hi Trader, Thanks for checking out this idea. Here we have a beautiful 2618 setup formed on the hourly timeframe. It's not often that the double bottom is so nicely formed with symmetry and all, not that it changes the plan in any way :) The 2618 is a reversal strategy, so this is therefore a counter-trend setup. Price is currently around 100 pips above my...

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Hi Trader, We have a very small reversal setup here on Kiwi. Entry: 0.70350 Stop: 0.70610 Target 1: 0.70100 Target 2: 0.69960 REMEMBER - Only take trades if they meet your rules as laid out in your trading plan. If you don't have a plan, please do yourself a favour and get one. Good trading, Luke

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Hi Trader, Thanks for checking out this trade idea. Appreciate the thumbs up! This is highly correlated with the GBPAUD trade I just posted. It is the exact inverse of that trade setup. See chart for entry and exit levels. If you don't have a trading plan, please get one. The biggest help to my trading was when I REMOVED ambiguity in my decision making. Good...

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Hi Trader, Thanks for checking out this trade idea. I appreciate the thumbs up! Here we have a valid 2618 trade setup on the Pound/Aussie. See chart for entry and exit points. As I have noted on the chart this is a double bottom, I am therefore looking for a pullback to the 61.8% for a buying opportunity. I trade the 2618 aggressively, as such my orders are...

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Hi Trader, We have a potential double bottom forming at previous structure. Looking left on the chart you can see that price has respected this level in the past. Additionally, we have confluence with a 61.8% fibonacci retracement right there at structure. As this is a Daily chart setup, the stop is a lot wider than my usual setups, around 250 pips. Targets are...

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Hi there, We have a very clean 2618 setup formed on the Kiwi. Price is currently 20 pips away from the trade entry point, 0.69150. I trade 2618 setups on the H1 timeframe aggressively and have already placed a pending sell limit at this level. Remember, only trade what is in your plan, and if you don't have one, please do yourself a favour and get one before...