UnknownUnicorn107271

UnknownUnicorn107271

Trade reasoning and details on the chart.

UnknownUnicorn107271

USDTRY - RSI divergence trade

UnknownUnicorn107271

Bat Pattern GBPAUD 1H. Targetrs at the 38.2% and 61.8%.

UnknownUnicorn107271

On AUDUSD we have a possible Bat and Butterfly D leg completion coming into the same price area giving us some ration confluency, looking left you can see we also have previous structure making it a strong decision point.

UnknownUnicorn107271

Possible D leg completion of a Butterfly pattern coming into structure.

UnknownUnicorn107271

EURUSD Bullish Flag into structuer

UnknownUnicorn107271

Second chance entry on the Cypher with price making a double bottom

UnknownUnicorn107271

Possible Cypher set up in the London/NY session

UnknownUnicorn107271

On the GBPCHF hourly we had a 2618 trade set up hitting profit target, this move was also the D leg completion of a Bat pattern. Conservative traders can get a second chance to enter the Bat pattern IF we can get a second retest of the 88.6% entry level.

UnknownUnicorn107271

Very recently started backtesting this strategy, seems to be a great strategy for the tool baox.

UnknownUnicorn107271

If you missed the entry for the Bat pattern at the D leg 88.6% completion, a second chance oportunity for entry is available. You can see price has a double top then price dropped and retraced back up into the 61.8% (2618). You can also see it is staring to form a channel where price currently sits at the top of the channel and at 61.8%. Stops should go above the...

UnknownUnicorn107271

Possible Gartley pattern coming into the D leg completion on the 1H

UnknownUnicorn107271

Two Gartley patterns back to back on the radar for today, I have placed pending orders for both as at this point I don't know which way it will go. Also it's quite possible a small Bat pattern with in the two could form (X leg @ 172.244) Being in a down trend I am hopeful the big bearish gartley entry gets hit and then turns around and continues on with trend...

UnknownUnicorn107271

Possible Bat pattern forming, being a bearish pattern in a down trend you could possibly go for targets 1,2 and 3 at the 127 extension.

UnknownUnicorn107271

Possible BAT pattern forming on the BPGAUD 1H, If price can reach the 88.6%

UnknownUnicorn107271

Missing the first 88.6% D-leg completion of this bat pattern I now have another chance to get back in as price has come back to retest the 88.6 and a little beyond. If resistance level holds it will be a nice R/R trade back down into the 38.2 retracement of the C - D leg for target one and hopefully push down into 61.8% for second target.

UnknownUnicorn107271

Currently on the euro we have price action moving with-in a channel, interesting though each high or return to the top of the channel equals a 78.6% retracement of the previous high. For the pattern traders we have a Bat pattern moving into the D leg completion but bats typically complete at 88.6% retracement so where will it go we will have to wait and see....

UnknownUnicorn107271

We have a potential bat pattern with a possible D leg completion right in line with the main trend line on the daily adding some confluency . Although I will enter the trade through bat D leg completion, on this occasion I won't be trading it as a bat in regards TP1 and TP2. I am looking for a longer term trade looking at taking profits at this stage much higher...