GaryChew_CFTe

GaryChew_CFTe

An excellent R2R trade on a massive triangle breakout. Price had just closed above the Nov 2015 high. Enter long market, stops below previous week's low. Target 0.7650. Turbulence expected at 2015's high of 0.7308 - active management at this level is required.

GaryChew_CFTe Updated 

An opportunity to go long on AUDJPY H4 chart. The Bat pattern appears to be failing, with the rectangle breakout likely. Harmonic pattern failures are sometimes great trading opportunities, especially when coupled with another pattern.

GaryChew_CFTe

A Bat pattern forming on the Kiwi, with an initial reaction already off the top of the PRZ. A nice area to go long as well, with good support, plus weekly trend is bullish. Awaiting for TBar to print. Alert set at the bottom of PRZ.

GaryChew_CFTe Updated 

Another H&S setup, this time on the EURCAD. Price has broken below previous support, so a good opportunity to go short. Stops above yesterday's high, targets at July lows. Enter short market.

GaryChew_CFTe Updated 

An interesting development over at EURUSD, with a Triangle breakout to the south side imminent (pending daily close, of course), PLUS, a possible Bat pattern forming which is attempting to breakdown the B-point support. Aggressive entry - enter short market, stops above today's high, target price at .886 retracement of XA leg. Excellent R2R.

GaryChew_CFTe

Gartley forming. T-Bar printed. RSI not yet overbought however lower time frame showing divergence. Daily/weekly trend still down. Enter short market.

GaryChew_CFTe Updated 

We're seeing a completed H&S on the 4-hour chart, however price seems to be hesitating at previous support. Excellent risk to reward - definitely worth a shot.

GaryChew_CFTe Updated 

A possible daily chart triangle breakout in progress. For a safer bet we can wait until daily candle close, sacrificing risk to reward ratio.

GaryChew_CFTe Updated 

An excellent opportunity offered by Cable. Sterling continues to be trading within a Daily trangle since the Brexit move. Previous Gartley ended profitably for this pair, hopefully this is another nice one :) PRZ is a nice area, with trendline support. TBar printed. H1 RSI oversold and retraced. Price reaction confirmed. Good R2R. Enter long market Monday morning.

GaryChew_CFTe

With the price blowing through the H4 Bat pattern PRZ, the pair is now setting up for a bigger breakout of the continuation H&S pattern in the D1 chart. A close above the Dec 2015 high will confirm the pattern and sets up a massive long opportunity. A long call just a day after a short call?? Well, flexibility is a required trait for successful trading.

GaryChew_CFTe Updated 

A possible Bat forming, with a PRZ in a nice resistance area. RSI heading to overbought zone. Should get an opportunity early next week. Stay tuned.

GaryChew_CFTe

A possible Gartley forming on the H4 chart.

GaryChew_CFTe Updated 

Not the most precise of Gartleys, but worth a shot. PRZ in support area, looking for short term reaction. TBar printed. RSI oversold and retraced. Let's see.

GaryChew_CFTe Updated 

Coming up to a multi-year resistance zone. WIth an inverse H&S. Awaiting the market to show its hands. Interesting...

GaryChew_CFTe Updated 

A nice Gartley forming, with PRZ in resistance area. Awaiting TBar to print.

GaryChew_CFTe

Potential butterfly forming.

GaryChew_CFTe Updated 

A near perfect Gartley set-up, with overbought RSI. TBar printed. RSI exited overbought zone this morning. Price showing a reaction in the PRZ. Go short market.

GaryChew_CFTe

Another nice Gartley setting up. PRZ at resistance zone. Alert set at 1.1294 for TBar.