Advanced butterfly trade rules
Target 1: 38.2% retracement of AD leg.
Target 2: 61.8% retracements of AD leg.
Stop loss: 141% XA extension
When Target 1 one is reached, half of the position should be closed and the stop loss of the remaining half should be placed to breakeven.
Hey, traders. Today on the EURUSD hourly chart we have a very interesting situation. We have an advanced Gartley pattern forming on this chart. This pattern alone is a very accurate pattern. But, today we have this bearish pattern completing while the market is in a downtrend. This gives an even better chance of success and also gives the ability to possibly take ...
Hey guys,
came across a nice bullish gartley pattern on $NZDUSD.
Trade with your tested plan which should also include the optimal targets and stop loss level!
Cheers.
Hey guys,
besides the Gartley Pattern https://www.tradingview.com/chart/EURUSD/mZJJkbed-Trend-continuation-on-EURUSD-with-Bullish-Gartley-Pattern/ we also got a potential cypher pattern setting up lower.
Trade your plan!
Felix
Hey guys,
as the trend continues we are ready for a next potential long opportunity on $EURUSD.
Potential bullish Gartley Pattern with structure support looking left.
Do not trade unless it is YOUR plan.
Greets,
Felix
Entered this trade at the level shown, due to my entry reasons. My trade management is unconventional in the fact that I only have one target here at the .618 A-D leg. Stops are ATR based.
After the break and close below 1.3020 area Price dropped to the next structure level, where i'm looking for a potential long opportunity that presented with a Bat pattern.
Unfortunately, because the cyptos are bearish my Risk on all cypto pairs are very low and doesn't affect my overall account. Thanks to a very strict Money Management Strategy.
Ripple is currently consolidating on the daily and as we know consolidation breeds pattern formation, waiting for my price point to be triggered. remember guys always trade your plan.
Hi Traders, we have 2 potential advanced patterns setting up on GBPUSD
Keep these on the radar and look for entry opportunities. If your an aggressive trader then make sure to front run your orders as we know the markets can easily hit entry and roll over to targets if your not prepared.
As always Entry, Stops and targets on screen.
BAT D completion looking ...
Cypher Pattern setting up on USDCAD
I'm looking for a D point completion at 78.6 Fib (1.30371) to place my long entry.
78.6 is nice strong support level
