PAIR: GBP/USD TTF: 1HR TRADE: PATTERNS NOTE: These are potential Trade opportunities based on my own personal Analysis. Thank you, Star Prosper Philip Stewart
If the USD/JPY 0.26% goes short around to the 100.60-50 range the Gartley seems to activate
Ok let's try this again.. Now short on this pair because of the Balance Area Breakdown. Hopefully I wont get whipsawed again :) Targets are down around the 1.58 even level.. Watch out for support around 1.5840 due to the "flash crash" lows. Best of Luck!
EURUSD is in a descending channel going into a Major Support Level on the Daily Time Frame. We went into a nice consoldiation pattern yesterday and are now breaking out of it. I'm now short on it and looking to capture a move down to the 1.0942's Best of Luck
Just got long @ Market on GBPAUD. It has created a small balance area on the 60min over the past couple trading sessions. We just saw a break and close out of that balance area. Best of Luck!
AUDUSD is at a Major inflection point in the Market. We are currently at a Daily Trendline and at Major Resistance. Right now the market is coiling up at Resistance. Now, it could be coiling up for an upside move through Resistance or may be coiling for a downside move to stay in it's current trading range on the Daily. We don't know. However, with all that said,...
I got short earlier this morning on this Descending Triangle Breakdown. I've been watching this pattern develop all week and it finally broke down early this morning. Watch out for that 113.00 even handle on Target #1 Best of Luck
EURAUD is in a Descending Triangle on the Daily Time Frame. We are currently back at the bottom of the Triangle and at a Major Support level. This is a good spot to look for some sort of bottoming pattern on the Lower Time Frames such as a Double Bottom or some other simple pattern in this support level. The RSI is setting up to give us some really good...
Here is another Gartley pattern i was able to located.
AUDUSD has pushed back down into a High Time Frame Support. Since then it has a created a Balance Area inside the support zone. I got long this evening on the pair around the .7500 handle. Its not often I will shoot for really extended targets but I think I have a good shot here being at a HTF Support Zone. The key is not getting stopped out before or IF the...
I just got long on EURUSD. It just broke out of its recent balance area on the 60min. I'm expecting a retest of the recent highs. Stops are 1 ATR below the Breakout Candle Targets are measured by the height of the Balance Area + Structure
GBPUSD has been in a consolidation period for a few days now on the 60min. It broke out of the Balance Area this morning and now I'm looking for a retest so I can get at least a 1:1 R:R on the trade.
USDJPY on the 60min in consolidating in the shape of a Descending Triangle. These patterns tend to cause large breakout moves in the markets. I'll be watching this pattern and will be waiting for a Break & Close out of the pattern to give me direction. As of right now I have no idea which direction it will break, so I will not involve myself until I get my...
I just exited my GBPAUD Bear TCT. The reason I exited is because my Trading Plan says all Breakout Patterns take priority over all other types of trades. GBPAUD is forming an Ascending Triangle. Typically these patterns occur after a long heavy downtrend and mark the temporary bottom. There is so much room to the upside for a market correction. Also it's...
Looking at a possible double bottom formation near the lows set back after the Brexit vote (marked by the Daily Support). A nice trend this month has brought us down to this level and it has accelerated this week. I will be looking for a break of the most recent trend line with targets back to the longer TF trend line. 1/2 position will be taken on the initial...
As you can see on the tittle this is my 1st post. I`m starting this journey of the Forex Trading. I´m saying its a long. For this to apply I´m waiting for this par to go down a bit more so the Gartley Pattern can be apply in my way of trading, obviously stay on the news to see what they have to say regarding the Euro and Dollar.
AUDUSD has broken a bullish TL on 15m APRR in addition to forming an APRR Wolfe Wave on the 1HR timeframe. This may be an opportunity to short the break of the curved wedge. A support/resistance zone sits above price to protect the SL with target at the predicted 59p drop correlating with the missed daily pivot from 8/10.