jsandeman

Potential reversal at major post-brexit support, offering very good risk reward ratio. Oscillators showing oversold, and candlestick patterns forming. I have placed stop losses below the lowest structure level, and take profit levels below major resistance levels

Bearish Cypher and Gartley formation on EURUSD 1h chart, completing close to one another. I will trade the two patterns separately, as as shown, should the patterns complete.

Looking likely that we will see the valid formation of one of these advanced patterns on the GBPUSD 4h chart. Worth keeping an eye on.

Breakout from post Brexit triangle consolidation. AB=CD pattern completing near major post Brexit resistance, after breakout from triangle. I will be selling before the crossover of previous resistance levels, placing stops above the highest resistance level, and taking profits at two support levels below (see chart)