HAPPY NEW YEAR! Something to consider as we look for trades om opposing currencies!!! Good Luck! KEEP THE RADARS UP!!!
Possibly...Maybe...Let's See 150+ Pips BUY Good Luck! KEEP THE RADARS UP!!!
Ready for take off!!! 250+ Pips BUY Good Luck! KEEP THE RADARS UP!!!
On the left I am showing how a wave theorist would look for a trade based on impulses and corrections. On the right I am showing how a 2618 trade setup works. As you can see, these are two totally different trading strategies but they are both giving the consensus of a short bias for the pair.
A 2618 Trade Setup has just emerged on the 30M time frame. We are now Short at 116.887 with Stop level at 117.200 and Targets 1 - 116.546 Target 2 - 116.205 Target 3 - 115.653 Goodluck!!
A 2618 Trade setup looks to be developing on the daily time frame. Price action broke through Trendline support of the correction channel. If price retraces to 1.26000 which is also a retest of the trendline and psychological resistance area, we are looking to short this pair. Stoplosses at the previous high - 1.27800 and Profit Target 1 - 1.24000 area Target 2 -...
Formation of a .2618 appears to be imminent. Direction is ambiguous (leaning towards short/bearish trend).
We are already in the killzone to buy here at market prices. The orignal idea and setup was to buy at the 61.8 which would have been the aggressive option. But looking at the sharp reversal from recent highs, particulary visible on the weekly and daily chart I would suggest a more conservative entry here. It was worth the waiting as we have blown way past the...
Hi guys, here we have a nice 2618 on a trend continuation setup, You can see we broke to the downside the last support level (black line) and now we are retesting it. We know that when broken, support could turn into resistance. In addition price is finding some troubles at this level. We have a double top with rsi divergence that's been broken to the downside. So...
AUDUSD failed to break new highs. It formed a double top and now it has a potential to move up to the .618 fib level for a 2618 completion for a further downside.
100+ Pips SELL Good Luck! KEEP THE RADARS UP!!!
australian and us dollar double top formed, broke previous support, 2618 trade, fib is strongly in play, 1400 pips to be captured. if price doesnt break the A leg of our formation we could be looking at a long opportunity at -27 fib level to capture 1600 pips back up to previous structure resistance. 300 pip stop, 1400 pip profit, excellent risk reward ratio
Hi traders, this setup is similar to the USDJPY's one. We are testing a resistance level (blue line) and we created a double bottom with rsi divergence and then we broke that to the upside, giving us reason to believe in a change of trend. So we wait for a .618 retracement of the impulse leg that broke the double bottom and then we buy the market. First target at...
1.turn down at 0.74503 under the 2618 pressure. 2.turn up at 0.7332 under the cypherpattern
Got the impulse leg down...be on alert!!! The continuation sell should be very nice... 75+ Pips BUY at Cypher D completion 100+ Pips SELL after pullback Good Luck! KEEP THE RADARS UP!!!
Three different opportunities here on the 60min. Potential Bullish Cypher, potential Bearish Bat, and a potential 2618 opportunity with the double bottom coming from the "A" and "C" points of the Bat. Price action might be too choppy for some people to consider the Cypher valid, but if it's still valid in your rules, then here you go. Have fun!
Hi traders, here on USDJPY we just broke above an important daily structure level, the next level would be near to 114 flat. With that being the case, i want to be involved only in buying opportunities; recently in 1hr chart we had a good double bottom and after that price broke that to the upside, signaling also in this timeframe a bullish tendency. A 2618 is a...
Today I would like to continue my analysis on the USDJPY. IF price can rally to 113.599 we will have the D completion point of a bear bat. We also had a completion of a 2618 trade set up. I did not get filled the 2618 yet. IF price does come back down into the 112.111 level I will get long and ride price up into the completion of the D point of the Bat pattern for...