Off that back of a recent bullish Bat we have a potential 2618 opportunity
After being one of my top performing pairs a year ago AUDCAD has been someone disappointing in 2016 when it comes to providing opportunities. But finally it looks as if it's getting back to form giving us a 3rd potential trading opportunity in a row. This time in the form on a potential Bearish Advanced Cypher Formation.
CADJPY SHort Setup, after 2618 setup comfirmation...
I do think that the CAD will eventually be stronger then the dollar so i'm anticipating a ABCD playout with a run back into resistance for the last time. If the pattern completes and the resistance holds this will be a very profitable trade with an awesome risk reward ratio. These are the ones we go for!
gold broke out of its correction and has topped forming 2618 time to short target below the structure
We saw this earlier in the week on the DAX, but chart above features a completed 2618 trade that is now looking to potentially complete a bullish Advanced Gartley Formation down at the .9957 level. This type of trade represents a perfect example of when to use a "Stop and Revers" (SAR) in order to liquidate the remained of the original positions and immediately...
EURAUD long setup
Short time trade in my trading plan.
Not too much on my Forex watchlist so I took a few minutes to scan through a few other markets just to get the eyes warmed up for today's trading (going off of Charles Warroom Topic of "hitting the trading gym"). Price action on the DAX typically works very well with my style of trading so I love performing analysis & making predictions on it. What we have is a...
We failed to make a new higher close on the daily chart. If we go to the lower 1H timeframe we see a triple top and break of structure to the downside. Therefore looking to short this as a 2618 trade again at the 61.8 fib (technically it is a 3618 ;).. but I dont think that terminology exists). So a good chance again after a failed 2618 trade on the 4H this week...
Hi Traders, Hope you're all doing well this week. Here is a bullish 2618 opportunity on USDJPY. This is a reversal pattern and a countertrend trading opportunity. See the red and green boxes on chart for my PLANNED entry and exit levels for the trade. Knowing where you will enter and exit BEFORE ENTERING A TRADE was the main factor that allowed me to reduce...
FX:AUDNZD Safe Trades; open.spotify.com
+++Follow & Like+++It's good to be back guys :) Today I want to share with you a trading opportunity that I'm currently involved in. Last week market has put a 2618 bearish setup on 4H USDCAD, but I didn't enter it simply because it was after my active trading period and I don't trade always 2618 base of 0.618. I've entered right at previous structure shelf to...
After the 2 targets hit on the bullish bat this has now brought us to the 618 area of retracement following the recent double top impulse leg down and retracement for a 2618 trade. as for tragets seeing as the 1.29993 level is the most recetn bit of strucutre/reversal point will see if we continue down to this area first
2618 + TCT Trade With Impressive R/R
HELLO TRADERZ! SO, IN THIS OVERALL DOWNTREND, I'VE IDENTIFIED A COUPLE 'ABCD PATTERNS' TO THE DOWN SIDE. ON THE SECOND 'ABCD PATTERN' IT IS ALSO BACKED BY A POTENTIAL 2618 TRADE DOWN TO THE DAILY SUPPORT ZONE. LET'S SEE HOW THIS WORKS OUT!