After continuing to push down, we see that there is a complex pull back here
Looking at the completion of an equal measured ABCD move lining up with a Fib inversion trade set upt. Also there is some Fibonacci confluence in that zone.
Two ideas for stops and targets are shown on the chart. The smaller one is the conventional Fib inversion trade set up. The second...
Another advanced pattern formation for you pattern traders.
Looking at conventional targets on this. Entries at 0.7592
Few other trades on the radar so check the link in my bio to watch me go through them all.
Happy Independence Day!
1As we approached that 1.1440's level, we saw price action respect that major resistance level and we are seeing the start of a Head and Shoulders Reversal Pattern here on the 60 which may provide me with a bearish trading opportunity.
We have broken the neck line so im waiting for a pull back up to test the neck line before entering short.
New video out today too.
Been eyeing this one up for a few reasons that are difficult to explain on here however for you agresive Pattern traders, there is a Bear gartley nearing completion.
If you would like to see what other opportunities I am looking at here, check out the live room. Ill see you there tomorrow at 8am.
Potential Breakout here on the NZDUSD. There are many different strategies that are used to identify entries and trade management and we will be looking at a few in the live room tomorrow.
See you there.
Slight tricky to explain what m looking at for entry on this one via Tradingview but essentially looking for a break fo the neckline then a couple of areas for a short at the neck line then the shoulder. Ill be looking at this in tomorrows live room.
See you there.,I'
Looking at this Gartley which is close to completion on GBPJPY. Hopefully a quick in/out before NFP later, then its time to get out of the markets and enjoy the weekend!
Good luck traders.
Live room members, see you in a couple of hours!
I went through this in more detail in my latest YT Video but essentially lookin at this major level of respected structure resistance for a second test.
If you are placing structure based targets, they happen to line up with the 382 and 618 retracements.
Waiting for a DT but BE CAREFUL OF NON FARMS!
Cypger pattern filled last night. Due to internet connection issues, I couldn't get this out but we did go through this is yesterdays war room meeting.
Looking at conventional targets as shown here on the chart.
Be mindful of the News this week and of course NFP tomorrow
Its official, the AUD pairs are my favourite.
Here is another opportunity on the AUDUSD which has been extremely good to me this year so far. If you haven't followed my You Tube channel, be sure to check out the videos I have been doing following this pair and trades I've been involved with.
Looking at a Trend continuation to the downside if I can get my entry...
We have been eyeing up this cypher set up over the last couple of days and as you can see, its nearing completion now so keep a close eye on it during the London open this morning.
We will be looking at getting involved in this in the London Live Room today.
See you there.
Going through my Pre-Market analysis before the London Live Trading Room this morning and found this set up near completion.
Lots of Pattern formation trades over the last few weeks due to consolidation which means lots of opportunity.
Looking at completion at 1.0133
Target 1 = 1.0160
Target 2 = 1.0177
See you in the live room (Link in bio)