PalmTreeTrading

PalmTreeTrading Updated 

Cypher pattern completion @ 1.3175 Completion is right around the longer term bearish trendline.

PalmTreeTrading

Just a quick post of this Bat pattern forming on the GBPJPY 60 min timeframe. Looking for a short entry @ 159.83

PalmTreeTrading

Another quick post, Possibly a bearish Cypher pattern on the EURUSD, 60 min timeframe. D completion @ 1.1084, also a previous structure level. Be sure to like and follow !

PalmTreeTrading

Just a quick post on the EUR/CAD 60 min. 2 patterns are forming, a smaller bullish Gartley pattern (blue), on which the entryzone is drawn at the 1.272 extension from A - B - A . This would give a much better RR and would retest previous structure @ 1.5086 The Bigger pattern is the bearish Bat pattern, D completion at the 88.6% retracement from X - A Please...

PalmTreeTrading

Looking for the price to move up a little more into he 88,6% retracement to complete this Bat pattern @ 165.58 Stops should be placed above X, and again using 2 profit targets. TP1 @ 164.07 TP2 @ 163.13 Let me know what you guys think and feel free to comment. Dont forget to like and share !

PalmTreeTrading

Nice looking Cyp [her pattern on the EUR/CAD 4 HR timeframe D completion @ 1.5328

PalmTreeTrading

From now on it's a waiting game, both patterns are trying to complete the D leg, Let's see who wins. Beautiful how a chart can give you multiple reasons and ways to enter the market. The blue pattern is the Gartley pattern and the puprle the Bat pattern. Bat pattern completion @ 1.4211 Gartley pattern completion @ 1.4631 Dont forget to like, follow and share please !

PalmTreeTrading Updated 

Bullish Bat pattern completing on the EUR/NZD 60 min. Bat pattern completes @ 1.6838, the 88,6% retracement from X-A Stops placed below X. Profit target 1 @ 1.6950 Profit target 2 @ 1.7020 Be sure to like this idea please, and dont forget to follow ! Good Luck !

PalmTreeTrading Updated 

Bullish Cypher pattern USD/CAD 60 Min Waiting for the price to drop down into the 78.6% retracement from X-C leg.( 1.3766 ) to complete this Cypher. Stoploss placed well below X, Take profit target 1 @ 38.2% retracement and Take profit 2 @ 61.8% retracement from C-D. Let me know if this was helpful, and please like and follow !

PalmTreeTrading Updated 

Personally i am only interested in this trade if the price drops down even further than the Cypher completion point. RSI is getting oversold, and we are running in to latest structure. If price hits my entry point at 0.9826, i will be looking to go long and put my stoploss 20 pips below X. Profit targets can be found in the chart. Please feel free to comment and...

PalmTreeTrading

Very nice looking Bat pattern on the EUR-USD Chart 1D . This nice Bat pattern popped up immediatly, its neaarly completed. Wait for the price to run up into the 88.6% retracement from the X-A Leg. At this point the Bat will complete. Stoploss should be placed around 20 pips above X. Profit targets will be at the 38.2% and 61.8% retracement from C-D leg. Happy...

PalmTreeTrading Updated 

First of all lets start with the big Bat pattern located in the 4HR timeframe. Bullish Bat Pattern Waiting for price to drop down to the 1.272 extension, which will give us a allready completed BAT pattern and makes sure we have a great RR. Stops placed about 20 pips beneath X, but should be adjusted to YOUR moneymanagement strategy. Targets are located at...

PalmTreeTrading Updated 

Looking for price to run up a little further into the 78,6% retracement from the X to C leg. ( 1.4321 ) to complete this bearish Cypher pattern. Place stop above X and profit targets at the 38.2% and 61.8% retracement from the C to D leg. Watch out for the news thats is coming out, better to wait what happens. Always looking for feedback on my analysis, so be...

PalmTreeTrading

This potential Bearish Bat pattern on the EUR/NZD 60 min, has a great risk reward , as can be seen in the chart. Look for price to climb up and touch the 88,6% retracement from the X to A leg to complete this Bat pattern. ( 1.7185 ) Stoploss should be placed above X, in this case its about 20 pips above X. (1.7290 ) Take profit 1 at 38,2% retracement from the A...

PalmTreeTrading Updated 

A Bearish Cypher pattern is building up on the EUR-JPY on the 30 min timeframe. Cypher completion and entry zone between 128,465 and 128,500. There is also a little bit of resistance found at this price. Stoploss should be around 20 pips above X. ( 128.950 )

PalmTreeTrading Updated 

Looking for price to drop down to 116.860 to complete this bull Cypher. Stops should be placed beneath X, do keep in mind the upcoming news events.

PalmTreeTrading Updated 

This bearish bat pattern is nearly completed, and looking for price to touch 88,60 procent fib retracement from the X to A to complete. Stops need to be placed well above X. About 20 pips or SO.

PalmTreeTrading Updated 

looking for this potential bearish Cypher on the EUR/USD 30 min timeframe to complete. Cypher completion will be at the 78.6% retracement from the X to C leg. this will be the short entry zone. price looking to sell around 1.0875. Stoploss should be placed at least 20 pips above X , Probably around 1.0925. Exit depends on your own strategy, i choose to take 2...