UnknownUnicorn34383511

UnknownUnicorn34383511

It appears the AUDUSD is correcting here against the weekly bullish wave. I am watching for a bullish price structure to form near the downside target area.

UnknownUnicorn34383511

It appears price is fractaling one more time creating a left wing on a third bullish pattern. I am watching for a bearish price structure to set up near the upside target area. This upside move I am anticipating is likely a correction in the weekly downtrend.

UnknownUnicorn34383511

I am bearish on this pair. This hasn't triggered yet, but the price structure is valid. As long as this candle closes below the previous two candles lows, I will enter a short position.

UnknownUnicorn34383511

Here is a decent bullish RCT price structure. They seem to be setting up across the board on the dollar pairs.

UnknownUnicorn34383511

There is a large stop required on this bullish RCT, but it is a valid price structure. If price reaches the previous high and closes above 1.0403, I will move my stop to BE.

UnknownUnicorn34383511

This bullish price structure looks good. This could be an early entry into the monthly bullish price structure.

UnknownUnicorn34383511

Here is a bearish price structure that is conflicting with the 4H bullish price structure but they both can be valid and play out as winners. If price closes below 1.2740 then the 4H bullish price structure is likely going to fail. If I were still long, I would place my stop at BE. I am waiting for a LCT candle for the 1H bearish price structure to confirm.

UnknownUnicorn34383511

This looks like a small decent trade here. The RR is 1 but its high a probability pattern.

UnknownUnicorn34383511

This is missing one element for a bullish RCT but it is still a double union signal, so I am bullish on this price structure.

UnknownUnicorn34383511

The 4H created a HCT candle for a second entry opportunity into the daily CURCT I published last week. My target area is listed in the daily CURCT in my related ideas. If price closes below .7163 the bullish price structure is no longer valid.

UnknownUnicorn34383511

I was hoping a set up would form to catch the downside move I am anticipating. This 4H bearish RCT just created a LCT candle triggering my sell entry. If price closes above 1.2830 the bearish price structure is no longer valid. My target is the 1.2350 area because I am hoping to hold this position into the daily bearish DUS I published last week. Usually after...

UnknownUnicorn34383511

After being stopped on a similar pattern I am always a little gun-shy to take another trade on the same set up. I just have to ask myself; does it meet the rules? If it meets the rules, then I know my edge is in play. I won't win them all, but I will win enough as long as I enter a position when my edge is in play. It's easy to be put on tilt after taking a...

UnknownUnicorn34383511

This CURCT price structure on the 30m chart just created a HCT candle. This price structure is a little different than normal CURCT price structures because it allows for a tighter stop level. Normally my stop would have to go below the last major swing low but in this case, I use a tighter stop and it is usually safe. My minimum target level is the CD leg on the...

UnknownUnicorn34383511

I really like this bullish RCT price structure on the blue arrow. It is a signal that is trading into two bullish price structures already in play the white arrow and the yellow arrow. The minimum price move I am anticipating here is a move above $21 but I think it will reach my target area of $23-$26.

UnknownUnicorn34383511

This is counter to the higher time frame, but it does look like a quick scalp is feasible on this price structure. I am watching both downside target levels for confirmation that a reversal is in place. When this happens another bullish RCT price structure will be in place back into the direction of the daily time frame wave.

UnknownUnicorn34383511

Here the CAD has finally created a clear LCT candle on the daily. The rules I use tell me that the yellow highlighted bullish pattern and the white highlighted bullish pattern are both left wings on larger bullish patterns. The price structures that I normally trade are the CURCT and the RCT but both are DUS's they are just a higher probability DUS because they...

UnknownUnicorn34383511

Here is another valid bullish CURCT price structure on the daily chart with this HCT candle. Again, I am trading the CD leg on an AB=CD pattern which defines the low end of the target area.

UnknownUnicorn34383511

Here on the 4H chart is a bearish RCT that has triggered with a LCT candle. This price structure is a 1H/4h pattern so technically the best entry was on the 1H LCT around .8585. Even so this is still a trading opportunity for me. I am watching two downside target areas for a bullish price structure to form to tell me when to get out.