USDJPY is giving us a lot of completed and potential signals: - a double top completed (target reached) - a 2618 setup completed (but you can still enter the trade) - 2 cypher patterns: one bullish and the other bearish We've several setups forming. It's now time to wait for the most favourable trades ! Stay tuned and Thumb up if you like !
A double bottom has completed and a bullish cypher has been quite filled. Therefore there have been previous harmonic movement. Those are the reasons that suggest us to go long. You can also wait for a 2618 setup, and then go long.
SETUP --------------- Entry short @ 0.7013 Stop Loss @ 0.7039 Take Profit @ 0.6986
SETUP --------------- Entry Long @ 1.9959 Stop Loss @ 1.9893 Take Profit @ 2.0039
SETUP ------------------------ Entry short @ 95.79
EURUSD has created a Double Top with RSI divergence. You can decide to wait and see if a 2618 setup will be formed. SETUP -------------- Entry short @ 1.2730 Stop Loss @ 1.1315 Take Profit @1.1167
I'll give you details in a couple of minutes.. Now it's time to go short with a good risk/reward ;)
An ABCD pattern is completing on EURCAD H4. Therefore we're waiting for the CD leg formation of a Cypher pattern. So we could go long after the CD leg of the ABCD pattern is completed and then we'll wait for the Cypher to go short.
2618 setup formed on GBPUSD after a DoubleTop. SETPUP -------------------------------- Entry short @ 1.5500 Stop Loss @ 1.5568 Take Profit @1.5384
GBPJPY is bouncing for the third time on a strong support @ 191.83 A Double Top is formed on the H1 and H4 timeframe with a RSI divergence. It's a good opportunity to go short with a small risk (the risk/reward is 2.3). We have two targets to consider: the first one on the 38.2 of Fib and the second one on the lower structure.
After creating a couple of new structure low the cross has formed a double bottom. I'm now waiting for a retracement on the 0.618 Fib level to go long. SETUP ----------------- Entry long @ 94.97 Stop Loss @ 94.36 Take profit @ 95.79
A bullish Bat pattern is completing on AUDUSD on hourly timeframe. There is a major structure that works as a support on the left of the chart. It has to be considered when setting the stop loss of the trade. Thant's why I've changed the entry point to make it more profitable. SETUP (slightly customized to change the risk/reward...
Double Bottom with RSI divergence. The Stop loss is set considering the structure on the left. You can extend your take profit and point to the 127.2 Fib level. SETUP ----------------- Entry @ 138.48 Stop Loss @ 137.98 Take Profit @ 139.27
Gartley pattern formation on AUDCAD timeframe 60 min Entry point is at the 127.2 level of Fib Waiting for CD leg to complete the pattern. Stay tuned ! SETUP ----------------------------------- Entry @ 0.9566 Stop Loss @ 0.9589 Take Profit @ 0.9514
Gartley completed on EURUSD H1 Great Risk/Reward ratio at 2.22 SETUP Entry price @ 1.1227 SL @ 1.1194 TP @ 1.1297