I will be using this Bat pattern as short entry on this pair. If price pushes up to this level then i will be looking for a sell signal on lower time frame . RSI must be overbought and diverging to confirm sell signal. ATR based stops above the pattern starting point X. Minimum Risk/Reward Ratio for this trade is 1.45(TP1).
Trade your plan and good luck in the...
Following a recent swing down at the end of the last year, pair is now potentially forming a bullish bat pattern completing at 1.82725. If price comes down to this level then I will be looking for entry signal on lower time frame. When price is approaching this level RSI must be oversold and diverging to confirm buy signal. ATR based stops below the patterns...
After completion of Bull bat on 4h time frame,
Pair is now potentially forming a bull bat pattern on 1H time frame,providing another opportunity to get in for those who missed bigger bat completion on 4h.
ATR based stops below the bat starting point X.
Trade your plan and good luck in the markets.
Following break of bearish channel pair is targeting major structure level, at 1.00500, that has been respected number of times in the past. Below that level pair is potentially forming Bearish Crab pattern completing right at 1.00500. Setup is meeting my trading and risk managment rules, and will be entering this with a limit order as cab patterns tend to be...
Pair is forming bearish cypher . I ll be looking for entry signals around this area on lower time frame. RSI should be overbought and diverging to confirm sell signal. ATR based stops above cypher starting point X.
After hitting resistance of bear flag that pair is potentially forming on weekly
It has now formed Bullish Three point correction wave, representing a Bearish Alternate ABCD pattern on 4H time frame.
and Bearish Gartley on 4H as well
Pair is currently forming bullish head and shoulders pattern after hitting major structure support and long term trend line . RSI has been oversold recently and is now diverging. I'll wait for pair to push price up to the previous structure support @ 1.31838 and wait for pullback from there, down to broken neckline of H&S .
Following bullish three point correction wave on 4H
pair has put in clear double top , with bearish divergence on RSI . Price action has already broken below structure support signaling further decline. Im looking for price to pull back to broken support at 0.69000, which also happens to be 38.2% Fib Retracement. ATR based...
Following long bearish three point correction, pair has put in double top ,and broke below the support of double top and is now potentially reversing. After breaking below the support pair is currently forming a potential bullish bat on 15 min TF, completing at the previous structure support (now resistance).