There is a 2618 trade on EURJPY with price sitting right at the entry point. This is a countertrend trading setup in which we are looking for the market to move down again to below 120.00. Entry: 122.550 Stop loss: 124.200 Target 1: 120.600 Target 2: 119.680 Our stop is placed above the high of the double top because at that point the probability of the trade...
PAIR: EUR/USD TTF: 15M TRADE: 2618% NOTE: These are potential Trade opportunities based on my own personal Analysis. Thank you, Star Prosper Philip Stewart
A double top formation has been completed and we have also seen the 0.618 Fib retracement for the 2618 trade play. I believe that this is a good spot to go short with targets and stop losses according to previous structure, please adjust to your trading style. First target 1.05715 Extended target 1.05255 All comments and feedback are highly appreciated
I put out the Bearish Cypher idea just a couple hours ago. If this Cypher gets filled and rolls over to Target 2 at the 61.8 Fibonacci Retracement, you will have a Bullish 2618 setup. Now the exact entry for the 2618 might be a little different depending on how far the market pushes up, but as long as it doesn't blow out the cypher pattern, you will have a nice...
Waiting for Price Action to hit A and then Buy on B. PAIR: USD/CAD TTF: 1HR TRADE: 2-618% NOTE: These are potential Trade opportunities based on my own personal Analysis. Thank you, Star Prosper Philip Stewart
Hi guys, i want to share an interesting opportunity that i spotted on EURCAD. In this par on the 4 chart price is consolidating right at a previous daily support level. As such, i seek for trading opportunities down on the hourly chart. Here we can see two different opportunities, both long. The first is a Bat pattern, the second is a 2618 trade. Both the entry...
Hey guys, on EURUSD we are fronting a structure level on the 4HR chart. On the daily we sitting between previoous resistance and support and so i think it could be a nice spot to get short. As a conservative trader i want to see price confirmation: last week price created a nice double top with RSI divergence but i didn't short there cause the engulfing candle had...
Possible start of a deeper SELL move... 35+ Pips SELL @ (D) PRZ Good Luck! KEEP THE RADARS UP!!!
PAIR: USD/JPY TTF: 1HR TRADE: 2-618 + BAT PATTERN NOTE: These are potential Trade opportunities based on my own personal Analysis. Thank you, Star Prosper Philip Stewart
FX:CADJPY We have the 1h Bullish Shark forged at structure above the neck, it the price rejects the neck as i am expecting, it can build a 5 waves structure inside this structure as an eventual ABCDE pattern, or a rally into a new higher high, higher close ;) The Bullish Bat can be forged at confluence between fibs at 88% retracement and also the 38% major...
The 2618 pattern and a AB=CD pattern complete at 1.0240.also ,there is a structure resistance here. so don't hestage to plan a short trade at the moment. the target will be at the 382 fibo retracement at 1.0040 area. good luck with care!
Happy Friday traders! Great to see everyone survive another week in these wild wild markets! Last night we were looking for a potential bullish 2618 trade to occur here on the USDJPY as a more conservative approach for those looking to get long. If we get a completion, it would also represent the "C" leg of a potential advanced gartley formation providing...
I previously shorted wheat 1 pip from the top and it was a very nice trade (although I closed too early around 3.99 or so). Price bounced from the .382 fib of the larger up move but the price action in the current area looks weak. I am looking to re-open shorts at the levels in the chart but only if no warning signs are present -- big bullish candles, oversold RSI...
I trust that eurusd is going down, and here is 2618 short setup with nice r.r.r. 2:1. Stop loss and take profit are labelled in the chart.
Simple 2618 trade fo those of you who trade these kind of setups.
Hey traders, another week of trading is starting and i want to share with you one of my analysis. Here on USDJPY on the daily timeframe we can see we couldn't get through the 118,50 level. Price tested it once, twice and then broke structure to the downside, giving us reason to believe it may head lower in the ensuing days. You can see there's also RSI...
Here's the chart of the trade that we went over in today's Forex market Preview video. If you didn't see it, make sure you get over to youtube & do so, but what we're looking at is a double 2618 opportunity. The bigger potential 2618 is located on the daily timeframe while the smaller one exist on the 4 hour. This chart is of the hourly timeframe where we took...
Now last week I went short on this pair and banked a couple hundred pips. I just put out a video on how I will be looking to do the same thing this week. youtu.be I do believe that its not out of the realm of possibility to see this pair retrace down to 111.000. Which as you can see is only a 38.2 Fibonacci retracement of the entire leg up. Here on the...