leitmotiv

leitmotiv

Hello guys, Today I have a VERY interesting bullish opportunity for you guys on the USDJPY 1H. We currently have a triple bottom lined up with previous structure AND a cypher pattern completion at that same level. So I am using the cypher formation to justify my entry into a bullish trend, otherwise I would have requested an additional signal. I will not be...

leitmotiv

Hello guys, Potential gartley formation on the USDJPY 1H chart with acceptance risk/reward profile. If it completes, definitely an opportunity. As always, SL at 113 retracement of X-A leg and targets and 382 and 618 retracements of C-D leg. If you guys like this and want me to continue to share give it a like. Enjoy !

leitmotiv

Hello guys, Today i'm looking at an opportunity to enter long on the EURUSD 4H as price action retraced to previous structure resistance (previous highest high). This happens to be at a 50 % retracement of the leg. You can shoot for a target at retest of previous structure high at around 1.0696 with a stop loss at around 1.0534, ensuring a 1:1 risk / reward. If...

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Bullish opportunity on the USDJPY 4H chart. Currently a potential double bottom at 50% retracement of X to A leg, as well as at previous structure support / resistance. You can either enter right now long or you can wait for retracement to the 618 retracement of the previous 2618 opportunity still in play. RSI oversold signal should help you decide. Target at...

leitmotiv

Potential Long Opportunity on the USDJPY 4H chart : Price action as shown a double bottom at 113.68 on the 4h. For conservative entry, I wait for a 2618 opportunity around 114.30s. For extra confirmation, I will be looking for a double bottom at around 114.30s on th 60M chart for a long entry. SL below 60M DB and Target at retest of previous structure high.

leitmotiv

Bullish opportunity showing the following characteristics : 1. Bullish divergence 2. Price level at structure Check it out

leitmotiv

GBPJPY is currently in a channel, looking for either a short if price action extends beyond the level of support or a long if price action extends beyond the resistance level. If you want a more conservative approach, you can wait for an extension and pullback and buy/sell into the pullback. Finally, you can place an SL at previous level of structure and a...

leitmotiv

EURUSD price action is at a decision point on the 4H with a retest of previous structure resistance. For the aggressive traders out there, you're looking for a short at market given the following : retest of structure resistance, RSI overbought, and dojo candle signaling indecision. In this case, you're looking to place a SL 20 pips above entry and TP at...

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Hey guys, Look out for a bearish cypher pattern formation coming up on the FX:AUDNZD . I am looking for a rallye to 1.0850. If price action reaches that level I will be shorting with a stop loss 20 pips above the X point and targets at the 382 retracement (T1) and 618 retracement (T2) of my CD leg. My D point happens to coincide with the resistance level of 1D...

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FX:EURUSD Looking left, wehave a strong resistance level with 4 touches and no break above close above. If the price level retraces I will be placing a stop loss a couple pips above 1.1234 price level. If the price rallies above the resistance I will be looking out for a retracement at the 127 extension for a potential cypher formation, with a stop loss around...