We have what I call a conundrum here. We currently have a buy set up on H4, however, we also have a bearish cypher that will complete soon after we break out of the current buy set up. Now this market has been in a range for at least a month now and we are approaching the top end of the channel so there's a strong possibility that we might get a win on the bearish...
My long term view on Bitcoin is Upside, however we've been on consolidation on a lower time frame and that's why I think this is a good shorting opportunity. We are already getting a bearish divergence on the RSI on H1 so if the pattern completes and the RSI goes oversold then I will be shorting so let's see what happens
This is a textbook trading opportunity and it doesn't really need much explaining. We are back into previous structure support and we should expect to see a rally from this point.
This has been on my radar for the last few days, I've been looking for an opportunity to go long on this currency pair and now I've got an advanced pattern in the form of a gartley pattern. So let's see what the market will do from here.
I'm a little bit late posting this trade set up but it's still at a good price for anyone who is interested in going long. So let's see what the market will do from here.
This is a nice short set up for anyone who wants to take advantage of it. I'm still expecting a big move to the downside on this currency pair so this could be a good trade.
Here we have a potential bearish cypher pattern on this pair, so let's see what the market will do when/if it gets there.
Here we have a bearish bat pattern that's only a few pips away from our entry point so let's see what happens.
We have ourselves a bearish gartley pattern on this pair and we are just 20 pips away from our entry point. My orders are already in place so let's see how this will turn out.
This should be a good one, we've come into some structure on a higher time frame so I do expect a move back up.
Here we have another advanced pattern that's on the verge of completion so let's see how this will play out.
After missing out by a few pips on the bearish cypher pattern I posted earlier, the market has presented us with another opportunity and this time it's a bullish gartley pattern so let's see what the market will do this time around.
It's been loss after loss after loss for me in the last few weeks but as long as the trade meets the plan then I will be taking the trade and we have ourselves another potential advanced pattern so let's see if the market can continue to be cruel to us.
Sometimes a small victory is what you need to keep you in the fight.
We have a bearish pattern that has just completed on this currency pair and I expect a lot of volatility in the market because of the fundamental news we've got coming up so brace yourself for a rollercoaster week.
This is actually a bearish cypher that I talked about in my weekly video and the market is now just a few pips from our potential reversal zone. Orders are already in place and we'll just wait and see if the market can fill us in.
The pattern on this pair ended up being a losing trade but one thing about the market is that it always gives you another chance if you are patient enough to wait for it and now we have another pattern that has just completed so let's see if we can get a winner on this occasion and if not we'll take the loss with a pinch of salt and move on to the next opportunity.
There has been a lot of advanced patterns this week and we have another one here in the form of a bearish cypher pattern on GBPCHF so let's see what the market will do.