Bull Bat Pattern forming at the 30 mins chart on EURUSD Buy at 1.0917 and stop at 1.0879 First target at 1.0975 and second target at 1.1011
Bat pattern forming. Sell at 0.9476. Stop at 0.9508. First target at 0/9432 and second target at 0.9384
Drawing Supply and Demand zones we can see a clear small bear trend for the intraday. If you are looking to short, it would be ideal to wait for a retest of the last supply zone. Entering around 1.55945 with a SL near 1.561 within 10 and 20 pips of your entry. Targeting to take profit near support at 1.555
A potential long opportunity at the completion of a bullish gartley which is at the 1.272 extension of the AB leg. Stops need to go below X. TG1 is at the 0.382 retracement from A to D. TG2 is at the 0.618 retracement from A to D
A potential short opportunity at the completion of a bearish cypher which is the 0.764 retracement of the XC leg. Stops need to go above X. TG1 is at the 0.382 retracement from C to D. TG2 is at the 0.618 retracement from C to D
A potential short opportunity at the completion of a bearish cypher which is the 0.764 retracement of the XC leg. Stops need to go above X. TG1 is at the 0.382 retracement from C to D. TG2 is at the 0.618 retracement from C to D
A potential long opportunity at the completion of a bullish bat which is the 0.886 retracement of the XA leg Stops need to go below X. TG1 is at the 0.382 retracement from A to D. TG2 is at the 0.618 retracement from A to D
A potential short opportunity at the completion of a bearish cypher which is the 0.764 retracement of the XC leg. Stops need to go above X. TG1 is at the 0.382 retracement from C to D. TG2 is at the 0.618 retracement from C to D
A potential short opportunity at the completion of a bearish bat which is the 0.886 retracement of the XA leg Stops need to go above X. TG1 is at the 0.382 retracement from A to D. TG2 is at the 0.618 retracement from A to D
A potential long opportunity at the completion of a bullish cypher which is the 0.764 retracement of the XC leg. Stops need to go below X. TG1 is at the 0.382 retracement from C to D. TG2 is at the 0.618 retracement from C to D
A potential short opportunity at the completion of a bearish gartley pattern. To have a valid gartley pattern I look for a 0.618 fibonacci retracement of the XA leg which is the point B. Then I need at least a 0.618 fibonacci retracement from the AB leg but not beyond point A. This gives me the point C. At last I look for entry at the 1.272 fibonacci extension...
In order to recover from my loss on USD/CAD, I have found a Gartley pattern in the market at around 1.20090. this pattern looks pretty strong and i predict that the market will reverse to the 1.618 extension of the BC leg of the Gartley pattern. I have placed my short as high as I would consider the pattern effective, and my stop at the top of the Garltley...