Got two potential bullish patterns setting up on the Gbp/Usd. There is a bullish cypher pattern (my personal favorite) that will complete at 1.29840 and then a bullish bat pattern which will complete at 1.28657. Even though the cypher pattern is my favorite pattern to trade, I will not be taking this one. Risk/Reward always comes first for me, so I will be waiting...
Got another bearish bat pattern on a yen pair. This one is on the Eur/Jpy and it will complete at 118.059.
On Aud/Cad there is a potential bearish cypher pattern setting up. This pattern will potentially complete at .99300.
Got a bearish that will potential complete at 81.239 on Aud/Jpy.
There are two potential patterns setting up on the UsdCad. You have a bullish Bat pattern that is completing at 1.2905 and you have a bearish cypher pattern completing at 1.3094. For all that are interested in trading like this, I am going to be putting out a FREE full length pro trader course on my you tube page. It will be about 8 weeks long, one video released...
you got two potential patterns setting up on the gbpjpy. a bullish bat pattern and a bullish cypher pattern.
Just like the Bull cypher on the Gbp/Jpy that I posted about, you have a bullish cypher on the Usd/Cad currently at market with a better entry price. If you don't trade cypher's or if this cypher get blown out, you have a bull gartley that will complete at 1.28345. Both offer good R/R ratios and great upside potential.
When the market opens today, (as long as the Gbp/Jpy doesn't have an extreme gap) you have a bullish Cypher pattern on the Gbp/Jpy that now has a phenomenal Risk to Reward. As you can see on the chart using a 1 ATR stop loss below "X" if you entered at the completion of the pattern at the .786 you would have a 1:1 R/R for target 1 and a 1.5:1 R/R for target 2 as...
There is 2 potential setups on the Eur/Aud pair. There is a bullish Gartley that will complete @ 1.53950 and a bearish Gartley that will complete @ 1.56340. Best part about this, it doesn't matter which way the market goes, You can have your orders set up and waiting.
There is a Massive Bat pattern on the Gbp/Jpy. Now it almost completed, it was about 15 pips short, which can be a potentially good thing. Since this pattern can have between 150 - 200 pips of risk depending on how you place your stops, if Price action will push back up and double top with bearish divergence you can then enter NBM and drastically reduce your risk...
Got another Gartley on another Aussie cross. This one will complete right above the 1.53 even handle.
Got a bearish Gartley on the audjpy. Potential completion at 81.307
Got 2 potential Gartley patterns on the eurjpy. One is long and one is short. As always follow your plan.
Got 2 potential patterns setting up on the eur/jpy. Got a bear bat pattern that will complete at 123.676 and a bear cypher that will complete at 124.214.
Got a bearish cypher that can potentially complete at the 1.2904 level.
There is a potential bullish cypher pattern that will complete at 1.43979 level. Now I will be looking to enter just above the 1.44000 even handle. This pattern presents a few different opportunities. For those that are strictly pattern traders, you can take your targets at the "T1 and T2" levels which are the .382 & .618 retracement of the C-D leg. But if you are...
Got a potential Bearish Gartley that will complete around the .9595 handle. With better than a 1:5 to 1 for target one, this is definitely a good opportunity if you trade Aud/Cad.