On the NZD.JPY Daily chart we have a potential long opportunity's at the D leg completion of bullish Bat setup. The price reversal zone on this pair is between 80.977 & 80.876 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Bat setup placed at the .382% and .618% retracement...
On the EUR.CAD 1hr chart we have a potential short opportunity at the D leg completion of bearish Bat setup. The price reversal zone on this pair is between 1.4031 & 1.4053 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Bat setup placed at the .382% and .618% retracement of...
Hey traders, today i want to point out to you a potential Gartley pattern setting up. In NZDJPY we are approaching the lower low created on December 23rd. So this could be a nice zone where price could bounce off of. Stops below X, target at .382 and .618 of AD leg. If you want to share your view, feel free to comment below. Otherwise, see you in the next chart!
On the EUR.GBP 1hr chart we have a potential short opportunity at the D leg completion of bearish Cypher setup. The price reversal zone on this pair is between 0.8738 & 0.8763 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Cypher setup placed at the .382% and .618% retracement...
On the EUR.USD 4hr chart we have a potential short opportunity at the D leg completion of bearish Cypher setup. The price reversal zone on this pair is between 1.0759 & 1.0870 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Cypher setup placed at the .382% and .618%...
On the EUR.JPY 1hr chart we have a potential long opportunity's at the D leg completion of bullish Bat setup. The price reversal zone on this pair is between 121.847 & 121.594 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Bat setup placed at the .382% and .618% retracement of...
Hey traders, after banking some pips during the night (see the trade attached) i want to share with you another pattern; this time it is a Bat pattern (that usually gives us a better risk to reward ratio) and it's right at a structure level that may turn into resistance for a bounce off of it. Stops above X, targets as in the chart. If you have any doubt, don't...
Hey traders, i want to bring you another pattern formation that could be interesting over the night. Stops above X, targets as in the chart. Let me know if you have any doubt. Otherwise, see you in the next chart.
Here we have a bullish cypher Pattern on the CHFJPY, Orders are in place so let's see if the market can get there.
Hey traders, if you missed the chance to short AUDUSD friday (as i suggested) you can try another time in the near future. As you can see price almost completed a Bat formation, right at that level we knwo we want to get short. Our view is confirmed also by the break of the double top to the downside that created new structure low and thus indicating a bearish...
Good Evening Traders, The completion of the D leg (red tick) should form a bullish bat pattern. The stop has been placed at at X (also a key support level), giving a 3.59 risk to reward. My limit order has been placed at the D leg (0.96133) First Target - 0.96806 Second Target - 0.97032 Follow me on Twitter: BrightForex Thanks and Good Luck!
On the GBP.USD 1hr chart we have a potential long opportunity's at the D leg completion of bullish Cypher setup. The price reversal zone on this pair is between 1.2248 & 1.2198 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Cypher setup placed at the .382% and .618%...
Hey guys, after being stopped out on the USDCAD trade we're back on track. This NZDJPY trade is similar to the previous. I want to pass down to you the philosophy of being on the majority side. The more clues (that matters in the market) you have, the more likelihood the trade will have. As explained above, here we have a deep Gartley formation that is already...
Hey traders, this seems a dejavu but it's all real: we have another Gartley on NZDUSD. Furthermore, the bearish movement that broke and closed below the most recent low (XA) is signaling a bearish bias. Maybe NZDUSD is ready to continue the daily downward move after this retracement. Anyway, when price comes so close to my entry (2 pips) i usually cancel my trade...
On the GBP.USD 1hr chart we have a potential short opportunity at the D leg completion of bearish Cypher setup. The price reversal zone on this pair is between 1.2348 & 1.2387 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Cypher setup placed at the .382% and .618% retracement...
Not too much on the radar today, but I was able to stumble across an at market short opportunity as I made it to the end of my trading portfolio this morning. What we have here is 2 Advanced Pattern Formations completing at essentially the same price (7265 v 7268). This year I'll be continuing to release The Trading Blog in video format if you want to follow my...
Hey guys, after earning some pips from my audusd trade, i now am focused on NZDUSD that could give a nice opportunity during the night, or tomorrow. From a bigger perspective, in the daily chart price is in downtrend, being the break of structure to the downside, and is now retesting the former support that has been broken. When price approaches these "hot" zones...
On the EUR.AUD 1hr chart we have a potential long opportunity's at the D leg completion of bullish Cypher setup. The price reversal zone on this pair is between 1.4380 & 1.4291 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Cypher setup placed at the .382% and .618%...