Practiceaccount

Practiceaccount Updated 

I did my top-down analysis, the price was in a decent uptrend and now is getting slow and consolidating at previous structure resistance, creating this symmetrical triangle. I honestly don't have a backtested plan for this pattern but surely is acts as addition support/resistance giving the Gartleys a higher odd of success if ever complete. If you trade this...

Practiceaccount Updated 

Getting fancy on USDCAD, but actually there a some decent odds that at least the Cypher will complete. If you have any question don't hesitate to ask, I would like to help however I can, Good night!

Practiceaccount Updated 

Good night.

Practiceaccount Updated 

Good trading.

Practiceaccount Updated 

When a pattern that it proves to work 55%-60% of the time completes on structure, there are a really good chances that this one may be one of that 55%- 60%. Remember to always backtest your strategy. Have a nice day!

Practiceaccount Updated 

There are also some potential patterns on the 4 hours but still far from completion, let's see. Have a nice day.

Practiceaccount Updated 

The price just broke daily resistance and is now retracing to previous resistance that now is support. The Higher high and higher close immediately makes me think "bullish", so i'll watch a this zone to get long for a test of the highs, keeping an eye on the RSI and candlestick formation for extra confirmation. Also, if you want to get fancy, in the case that...

Practiceaccount

Have a good day.

Practiceaccount Updated 

As you can see on the chart there is a potential bearish bat that would be the aggressive C of a Cypher. Good trading.

Practiceaccount Updated 

The FOMC pushed prices up and cancelled the previous pattern, but another opportunity was created. Good trading!

Practiceaccount Updated 

A few days ago I analyzed this pair looking for an opportunity on this zone and now we have a more clear view of it. The price is being sucked by that key resistance level and there are very high probabilities that it will bounce in that level, how much? that is what we don't now. in conclusion, i'll look for this zone for confirmation to enter short for at...

Practiceaccount Updated 

Posted it late, was busy, but is still valid and in a better price, Good trading!

Practiceaccount Updated 

I posted yesterday that this zone was a good for a bearish opportunity (in my opinion). And a Bat could complete just there, you can trade it like just an advance pattern or can be the perfect excuse to enter short and aim for extended targets. I'll leave down the idea that i'm talking about, Good trading!

Practiceaccount Updated 

I analyzed this pair before for a test of the lows from .7062 to .7022, and an extended target for an scenario of a breakdown, but it didn't happen and got only the test of the lows, and now we have this even better opportunity! If the doble top completes would bring an excellent R/R. You can always enter aggressively but the R/R will not be THAT good.

Practiceaccount Updated 

I'm currently short AUDUSD at .7125, I posted the trade right before selling, you can check it on "Related ideas". I was aiming for a first target at .7027 and a second target at the 1.272 extension, but then this bat appeared, so I would have to reverse my position at the bat completion ( Remember to check your data, that bat is very close to the .618) Also the...

Practiceaccount Updated 

AB= .50-618 BC= .382 - 1 CD= .886 Good trading!

Practiceaccount Updated 

Good trading.

Practiceaccount Updated 

Let's see which completes, or maybe both will! Good trading!