Hi there. We recommend you to take the trade in the wave 2 when the price stay in that area taking more time than the 1st and so holding that level that will be your stop loss. You also can take the trade right now if you want using the C wave as your SL. This simple pattern have an advance one behind its back that I posted previously. >>High propabilities...
This is likely to be a small trade to the upside. But, I'm not sure how fast price moves to the expected target. Trade with care. Use a strategy you have tested and verified. 6.1.8. Family. More Than Just Trading.
It looks like buyers are crawling at the doorsteps of sellers after sellers are losing steam. Scratch that, I think buyers are knocking aggressively. This is because sellers have retraced only 50% of the "move up by buyers" and they are already on "leg 2" with "leg 2" showing weakness in strength. This gives opportunity for a buy trade although I can't tell when...
Hey traders, there's been a break of minor support on this pair. I like the pound short and the CAD long this week. However, keeping an eye out for GBP CPI data coming out in a few hours.
Bearish Harmonic Pattern USD/CHF 4H.
As the bullish move is losing steam, a fall in price is to be expected. This fall in price could be the beginning of a bigger corrective wave down or it could be short lived. Either way, this gives opportunity to milk some pips from the market. Trade with care. Use a strategy you have tested and verified. 6.1.8. Family. More Than Just Trading.
This indicator graphically displays the results of simple coding which assigns a value to various simple patterns (close > previous bar close, close > open, higher high, reversal, doji, close at high of bar or at low of bar, 25% bull or bear tails, etc.). The intention behind it was to give an instant graphical representation of each bar one bar at a time to help...
PAIR: GOLD TTF: 1D TRADE: POTENTIAL PATTERN OPPORTUNITIES NOTE: These are potential Trade opportunities based on my own personal Analysis. Thank you, Star Prosper Philip Stewart
Good long opportunity on the EUR/USD
Another opportunity for short, SL and TP on chart. As far all the Cypher patterns I have posted the last year reached their targets..
Copying and pasting the length of wave 1 to end of wave 4 sees 22,555.8 as the top
Hi Traders! :) Going into the week, I am confident that this Bat Pattern will hit entry. If it is a loss, it doesn't matter, as the Risk to Reward is 1:135. It meets all of trading criteria and is a fairly clean pattern. Let's just watch and see how we go, we cannot control the markets. Remember, to trade your plan! Have a great Trading week :)
I'm short until these entry levels