bo.anev

bo.anev

GBP/AUD showed indecision + rejection from 1.7650 area. I will be looking to enter on a retracement after break of the indecision candle because I need minimum 1.5/1 RR. Target will be at retest of the lows. Stop just above the recent highs. Entry: 1.7616 SL: 1.7740 TP: 1.7415 Risk/Reward: 1.6/1

bo.anev Updated 

Here, on Gold/USD the price has reached the daily support and has formed an Engulfing candle on 4h Chart. I will be looking to enter Aggressive Short and to ride a possible move to the previous structure for Target 1. Target 2 will remain open until the price shows a sign of a reversal. Have a profitable trading week, traders!

bo.anev

Here, on GBP/JPY I just got filled on Bearish bat pattern. I will be using conventional targets for this opportunity - 38.2% and 61.8% Fib retracement of A-D. There is nice structure level which can be used to put protective stops above. Have a profitable trading week, traders!

bo.anev

Bearish Gartley had completed on Friday evening @1.0668 Excellent Risk/reward of 1.35/1 for the first target. The price penetrated X point so whether the pattern is valid for you depends on your specific rules. As long as it hasn't closed above X - the pattern is valid for me. I will wait to see how the market wil open and take the trade.

bo.anev Updated 

Deep Gartley formation @ 138.76 With quite good R/R Ratio of almost 2:1 to target 1 and more that 3:1 to target 2. Target 1 @ 38.2 Fib - 140.31 Target 2 @ 61.8 Fib - 141.26 Stop @ 1.130 Fib Inversion - 137.96

bo.anev

Nice Cypher has already completed on GBP/JPY. The current price will allow a better RR than usual for this pattern. Let's see what the market will do when it opens. It can also be used as an entry reason for Trend Continuation to 1.22 Even.

bo.anev Updated 

GBP/JPY Bullish Gartley @140.68 Entry @ 140.07 Stop @ 139.32 Target 1 @ 140.18 Target 2 @ 141.28

bo.anev

Potential Bearish Gartley on GBP/JPY 1H Chart Target 1 - 141.29 Target 2 - 140.98