hello traders
I've checked the ratios and the resistances coming over on the 15 min interval
I've found a potential cypher patter formation on the radar
the targets and stop losses according to the chart showing
now shorting the 127 extension and then going long for the final D leg
happy hunting
Looking for a simple trend continuation trade here on gold as the market consolidates in it's latest pullback. The "Initial Killzone" that i drew out is a combination of the two bigger killzones that I've identified combined with levels of Fibonacci ratio confluence.
If you were to zoom out to the daily chart you'll also notice a previous level of structure...
Silver is setting up a potential head & shoulders pattern here on the 4 hour timeframe. I tend to group this type of simple pattern into the "trend continuation" category since That's how I prefer to trade them, waiting for the break & retest of previous structure.
Not too much room for expansion seeing how the trend is opposite to this pattern, but I do think we...
Hey Traders! Here's a look at the chart I went over in this week's Forex market Preview video looking at 2 potential advanced pattern formations setting up on the GBPUSD.
In RED is a potential bearish Advanced Bat Formations & in GREEN is a potential bullish Advanced Gartley Formation
Good luck in the markets this week & hopefully the new Pattern Assistant Tool...
now we have a new formation for a bat pattern after the cypher pattern
targets as per the showing
happy hunting
shout out to my great teacher @ akil_stokes
after checking for the cypher pattern was invalid
will take this extension trade as per the targets showing
the pattern was invalid as only the wig touched the 127 extension
closed the trade now still profitable however
started a selling position as per the chart showing
happy pips hunting everyone
dear traders
we have here an opportunity for taking a cypher pattern long position if the price holds without making a new structure low
shout out to the amazing teacher @akil_stokes
trading targets as per the chart showing
directly after the finishing of the gartley pattern and the pullback now
I'm taking another long position in the Bat pattern formation showing for a bigger target
and happy pips hunting
many thanks to my great mentor akil stokes for their amazing videos that was very useful at their you tube channel trade empowered
we just saw 2 patterns a big bat pattern along with a small gartley pattern
happy hunting for new patterns
great shout out for my amazing teacher @akil_stokes at tradeempowered
position long as per the targets showing
after cypher pattern completion
a entrancement of 382 level followed by extension of 127
happy hunting
targets as per the showing
shout out to my amazing teacher @akil_stokes
I just got short the NZDUSD as we've created a pullback into previous structure support which should now act as resistance.
During our complex pullback the market was able to form a bearish advanced bat formation coming into our previous outside return which is what i used as my entry reason for this trade. (This is essentially the inverse of what I mentioned in...
Hey Traders, shout out to a good trading friend of min @journeyofaRookie2.0 for giving me the heads up on this opportunity. As a teacher and trading coach, one of the benefits is that when the traders you work with become good, they become extra eyes on the market me.
What we're looking at here are two potential Advanced Pattern Formations on the $EURUSD A...
Syndicate members there will be a video coming out on this shortly, but I wanted to share with you guys a potential breakout trade that I have on my radar this Tuesday Morning.
If you're unsure on the different ways to trade these types of simple consolidation pattern you can check out the video I posted 2 weeks ago titled "How To Trade Breakouts"
But there is...
I apologize for the sloppy chart but this was the trade that I recently discussed in my Forex market Preview video & didn't want to erase anything just yet. (Link to my youtube page is in the "signature" box below)
But essentially there are two potential trading opportunities that I have my eyes on for this pair. A potential counter trend trade (SHORT) if the...
EURUSD is setting up almost identically to the Gold and Silver trading opportunities that we discussed in Tuesday's Syndicate video. Looking at a retest of a previous structure shelf that once was support and now is anticipated to show some resistance.
We've already double topped during the London session, which means that using the 2618 would be the perfect...
A potential bearish Advanced Gartley Formation setting up on the USDJPY looking for a D leg completion at the 105.22 Level.
This is a price move that returns back into previous resistance after breaking the "B" leg of a bigger potential bearish bat formation on the daily
Not too much on the radar this morning, but there are a few Trend Continuation Opportunities that interest me, one being here on the GBPAUD.
This opportunity not only features a pullback into our previous outside return, but Hidden Divergence on the RSI which is a positive sign when looking for a continuation.
