Butterfly Pattern confirmations: - A-B must touch 0.786, but cannot exceed X - B-C touches 0.382, but sometimes goes further (does not exceed A) - ABCD formation. D has to reach outside X and touch 1.272 or 1.618 - TP 0.382 TP2 0.618 (Fibo A-D) 2618 confirmations: - double top - measure impulse - retracement at 0.618 - TP at -0.27 and -0.618 Double Top...
Looking for a short after the completion of this first push to the down side
First there was a Deep Crab formation, which was completed by going bullish to previous resistance, after marking higher high it went bearish forming an Ending Channel, at that point I saw divergence, because the entire consolidation made a double floor insdie MACD, which gave us that bullish impulse for D completion of a Shark Pattern. At D there's a possible...
USDJPY has a butterfly, 2618, and supply zone combination short opportunity. It also has a tiny, imperfect bearish bat is forming. So 2618 and bat 2 entries with same out could be a solid trade, if it can have an hourly reversal sign there, it could be even better! Let's see how it goes!
We have had the breakdown out of the ascending channel, like I predicted in the last video. Now, since that has happened we have another opportunity to get involved on the breakdown using a 2618 setup. Plus we can look to trade this down on a stop and reverse at our major level between 7440 and 7200. So Phase 1 has played out like I predicted. Let us see if...
JPM had an inside day after earnings; it could be a solid setup itself most of the time. In this case, it is also an bullish pattern and 2618 combination long, and now this inside day could be a confirmation entry! What's more, the earning gap already tested the previous gap resistance, so if the inside day is able to break to the upside, it could be a solid long...
Well we have a few different indications showing that we might have some potential upside in the future for Bitcoin. After violating the downward trend line, putting in a couple different Stochastic Bull setups, we know also have a potential bullish 2618 setting up at a major decision point here on Bitcoin. In this video, I walk you through all of it. Check out...
GBP/CAD Potental .2618 trade and Bat pattern 5500 Pip Potental on one trade
bullish Flag Long term looking to enter long at the TP of this chyper pattern which would make this a vaild .2618 and looking to heavy USD weakness to after this pull back (Fundementals) will play a big part in this Long.
Hi guys, this is on of the pairs i'm going to be looking at over the next days. And the reason why is pretty simple to explain: if you go on the daily timeframe you'll see price is dancing around a very important level of structure (yellow box) and in doing so it has created a bearish engulfing candle pointing downside (in RSI overbought conditions). If we lower...
Hi guys, this is on of the pairs i'm going to be looking at over the next days. And the reason why is pretty simple to explain: if you go on the daily timeframe you'll see price is dancing around a very important level of structure (yellow box) and in doing so it has created a bearish engulfing candle pointing downside (in RSI overbought conditions). If we lower...
Confirmations for Cypher Pattern: - A to B must touch 0.382 but cannot exceed 0.618 - B to C must touch 1.272 but cannot close below 1.414, on this case it was 1.414 - 1.618 area. (Trend-Based Fib Extension) - C to D must touch 0.786 of X to C (0.786 - 0.886 area) - First TP at 0.618 of D to C (Fibonacci) - Second TP at 0.382 of D to C (Fibonacci) - Third TP...
At left side we can see a flag was formed and completed at -0.27 for our 2618 setup: - double top - measure impulse - retracement at 0.618 - TP at -0.27 and -0.618 Double Top + 0.618 = 2618 TP3 (1.618) would be long term for major retracement at previous 0.786 - 0.886 area. Indicators: EMA= Both lines haved crossed telling us change of impulse MACD= Double...
Hi guys, here on NZDJPY we've just tested a very important level on the daily timeframe, while creating a double bottom with RSI divergence on the lower timeframe (4H). This is a clear sign of reversal and could point to a change in trend on a long term basis (especially in the location we're). One of the way that you can trade double bottoms is by waiting for a...