We recently saw a new structure low on EURUSD. The X Point was therefore a fake breakout. We are now looking for a Cypher completion at 1.0784's which perfectly lines up with fibonacci inversion and strc. Good trading. -Felix
Hi there, 1 We identified a bearish trend with a recent new structure low. (2)IF the Trend continues THEN the last OR cannot be violated. (3) Therefore we are looking to test this hypothesis and get a qualified shorting opportunity in form of a bearish Gartley Pattern. Remember: There are several ways to trade this pattern (Talking about Stops & Targets)....
Hey traders we just had the inflation & interest rate news come out for the GBP pairs and the reaction is sending price action down to a potential advanced pattern completing at 1.5269's. i like to give 15 minutes for news to play itself out and afterwards I'm allowed to continue my trading Also as a reminder tomorrow is also a big news day as we have the month...
Chart self explanatory the potential trade.
Read text written in the chart.
Looking for bat pattern to complete at 1.0986 Has deep D leg for nice risk reward.
WE ARE LOOKING AT A BULLISH CYPHER PATTERN THAT IS BUSY SETTING UP HERE. NEED TO SEE A 0.786% OF D LEG FOR THE COMPL;ETION OF THE PATTERN. IF YOU DROP DOWN TO A LOWER TIMFRAME YOU MIGHT BE ABLE TO SEE IT BETTER AND LOOK FOR ENTRIES. STOPS ABOVE X TGT1 0..382% TGT2 0.6185
THE D LEG IS ALMOST AT COMPLETION WHICH IS AT A 1.27%. THAT WILL GIVE US A NICE GARTLEY PATTERN THE RSI IS AT EXTREME OVERBOUGHT WHICH ADDS TO THE CTS SCORE