Hi guys, this is a very short term trade on USDCAD. You can see i'm using 15min timeframe, but as usual my analysis starts from higher timeframe. On the 4hr price has recently broken a period of consolidation to the upside, so i'm expecting it to continue higher. That's why you see those targets, this is actually an advanced pattern entry for a trend continuation...
Hi guys, this is a very short term trade on USDCAD. You can see i'm using 15min timeframe, but as usual my analysis starts from higher timeframe. On the 4hr price has recently broken a period of consolidation to the upside, so i'm expecting it to continue higher. That's why you see those targets, this is actually an advanced pattern entry for a trend continuation...
hello traders we have today a great entry point for a bat pattern formation for a long term short as per the results showing
dxy is at a good position and we got a nice cypher and trendline here! good luck!
it is a very good entry point and from daily also form a nice continuous pattern for long~ good luck guy!
Hey Traders, Gartley Pattern completion at 87.411, Targets at the 38.2 Fib Retracement of the A-D leg with stops being at the 1.272 Fib Extension of the A-D leg. Trade Your Plan!
Here we have another advanced pattern that's on the verge of completion so let's see how this will play out.
After missing out by a few pips on the bearish cypher pattern I posted earlier, the market has presented us with another opportunity and this time it's a bullish gartley pattern so let's see what the market will do this time around.
It's been loss after loss after loss for me in the last few weeks but as long as the trade meets the plan then I will be taking the trade and we have ourselves another potential advanced pattern so let's see if the market can continue to be cruel to us.
Currently seeing a rejection from the bearish Bat Pattern. If we get to previous structure (without violating highs) I will get involved with the Bullish Gartley Pattern. Stops below X Trade well
Hey Traders, Cypher Pattern completion at 0.76813, Targets at the 38.2 Fib Retracement of the C-D leg with stops being at the 1.414 Fib Extension of the C-D leg. Trade Your Plan!
Hey Traders, Cypher Pattern completion at 1.01875, Targets at the 38.2 Fib Retracement of the C-D leg with stops being at the 1.414 Fib Extension of the C-D leg. Trade Your Plan!
Hey Traders, Bat Pattern completion at 1.77160, Targets at the 38.2 Fib Retracement of the A-D leg with stops being at the 1.272 Fib Extension of the A-D leg. Butterfly Pattern completion at 1.75871, Targets at the 38.2 Fib Retracement of the A-D leg with stops being at the 1.272 Fib Extension of the A-D leg. Trade Your Plan!
Hi Traders! :) Going into the week, I am confident that this Bat Pattern will hit entry. If it is a loss, it doesn't matter, as the Risk to Reward is 1:135. It meets all of trading criteria and is a fairly clean pattern. Let's just watch and see how we go, we cannot control the markets. Remember, to trade your plan! Have a great Trading week :)
Currently short the USDJPY from 114.60 but have my stop loss placed above this bear flag set up for 100 pips of profit so far, looking for a break down back to the lows of consolidation on the higher time frames. This is a purely technical trade, fundamentally it would make more sense to be long the dollar.