Hey Traders, Bat Pattern completion at 1.02055, 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 1.01029, 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!
We have a bearish pattern that has just completed on this currency pair and I expect a lot of volatility in the market because of the fundamental news we've got coming up so brace yourself for a rollercoaster week.
This is actually a bearish cypher that I talked about in my weekly video and the market is now just a few pips from our potential reversal zone. Orders are already in place and we'll just wait and see if the market can fill us in.
On the USD.CHF 1hr chart we have 2 potential trade opportunity's at the D leg completion of bullish Bat & Bullish Cypher setup. Bullish Cypher Setup ( Grey ) - D leg completion 1.0043 Target 1 - 1.0092 Target 2 - 1.0122 Bullish Bat Setup ( Blue ) - D leg completion 1.0082 Target 1 - 1.0116 Target 2 - 1.0137
Hi guys, for those of you who day-trade advanced pattern formations there's a Gartley pattern completing at 1,0904s on 15m AUDNZD chart. I'm already involved with this pair (see attachment) so i'm not taking this one, but i wanted to share with you anyway, Stops above X, targets as usual for pattern (better risk/reward ratio with such a deep Gartley). If you want...
My Friend Gartley pattern has emerged on the FX:EURUSD on the 60min chart. Stick to your trading system and use this a to highlight your strengthens. Also; make sure you have proper stop loss or risk management system implementation in. Remember friends no revenue leakage! Cheers and Happy Trading EDub
There is a potential bullish cypher on the EURUSD that will complete at 1.05780. Now this probably wont get filled until the jobs number comes out, but if you trade during the NFP you might have a potential opportunity here. Minimum stops as always must be under X at 1.05668 with target 1 around the 38.2 fib retrace at 1.05935 and target 2 at the 61.8 at 1.06032....
On the EUR.JPY 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 122.238 & 123.322 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 GBP.USD 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 1.2062 & 1.1986 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...
On the GBP.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 139.081 & 138.844 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...
Hi guys, for those of you who day-trade advanced pattern formations there's a Gartley pattern completing at 1,0904s on 15m AUDNZD chart. I'm already involved with this pair (see attachment) so i'm not taking this one, but i wanted to share with you anyway, Stops above X, targets as usual for pattern (better risk/reward ratio with such a deep Gartley). If you want...
You have a bullish Cypher pattern that is just about ready to fill on XAUUSD. This pattern will complete at 1198.20. Now depending on where you put your stops, you will have around a 1:1 R/R Ratio. Min. stops need to be below X @ 1180.12 with Target 1 at the 38.2 Fibonacci Retracement at 1223.27 and Target 2 at the 61.8 Fibonacci Retracement at 1238.75. Now we...
On the EUR.CHF 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 1.0656 & 1.0632 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.CAD Daily 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 1.4220 & 1.4308 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%...
Hi guys, two different setups on this pair, there's a Gartley formation already completed and a 2618 that could be completed on the next hours. As you can see in both cases we can earn some profits, keep in mind that this particular time i'm going to use 1 single target for the pattern (at the 2618 completion) with stops above the X. Good trading! If you want...
There are two potential Cypher patterns setting up on EURUSD. There is a shorter term Bearish Cypher (Red) that will potentially complete @ 1.05806. Now this one can be used as an alternate entry for a trend continuation trade. Now the Longer term Cypher (Blue) will potentially complete @ 1.06208. This one can be traded normally, (taking targets 1 and 2 at the...
Hi guys, here you can see a bat formation near to the completion D point. However, my analysis started from higher timeframe, where i've indentified the strong daily support sitting at 1,60 even handle number. The harmonic formation ends up right there and therefore i think it could be a nice opportunity to go long. Stops below X, targets at the .382 and .618...