A Gartley pattern completed on Wednesday and possibly price is about to reverse as it is showing good signals on smaller time frames, so I'm currently on this trade waiting also for the Cypher pattern to complete.
Good luck!
As you can see with the yellow, dimly-shadowed, Bearish Cypher, it took prices some time to finally turn to the downside. Although going short would of been a successful short-term trade, the outlook is still bullish.
The current Bullish Cypher, the green one, is iffy. The top portion that hit the former resistance just barely missed the minimum 1.13 extension,...
Looking at the daily chart here we see a couple of bullish patterns setting up. Lots of time to watch this and even to look for good entries on lower timeframes if that's what you want to do.
Now, I don't necessarily feel inclined to go short here but I can't ignore the signal.
A bearish Cypher pattern has formed on today's gap open. Could we see prices fall to fill that gap? Maybe, who knows?
A quick glance at the Daily will show the trend is up so I'd pass on this one. Then subsequently look for an opportunity to buy low, if this Cypher does indeed...
Weak structure break to the upside with a deep correction and heading back into some serious supply. There is a gartley as well as a cypher and the C leg of an AB=CD pattern. The aggressive C sell is a logical play on the EURUSD for a target to the 1.35600s
Yesterday I took a long entry on this what I find a nice structure trade setup. Market broke previous resistance
and then went into extreme oversold on the RSI right at previous resistance which now became new support. I bought next bar candle. Market leaped north and took out target 1 which was good for 16pips. I'm still in that trade and looking for a rally all...
Just realized there is a Cypher pattern and Gartley pattern completion at the same level (0.8740) in confluence with support level, so a great opportunity for making quick profits with target at 0.8771 and stops just a few pips below X and support level around 0.87228
Good luck!!
CADCHF is still trading in channel. The 833 level seems to be a strong res. PA is currently trading at 835 levels and still no strength to make new highs. With nice RSI divergence a ret. to 8284 or 824 should happen soon.
Hi, this high prob trade is pretty good, I really like cyphers this one completes in a very logical structure levels.
Evenso, the Long term trend is bearish, but in a smaller timeframe we are getting higher high - higher closes. So I know that Many of you won't agree with me, but I call this type of trades ( Sideways-Counter Trend ) or ( Sideways - Trend )
This...
This is my first Publish Idea this would be a cypher and a bat pattern ( I set thouse patterns based on my own rules )
but before that there is a structured based trading oportunity, so with any luck we could get 2 consecutive trades with STOP AND REVERSE
NOTE: I Know my english sucks so don't bother leting me know that xD
I would expect price to react to that small Cypher pattern. Then, if the Bat pattern completes, it would be a nice ride down for profits, as there are very defined key structure levels, but there is plenty of room for price to go down.
Let's see what happens!
Possibly a Cypher pattern might complete around 101.912. If this happens, we can go long and take profits near the completion of the bearish Bat pattern above. Two good possible trades here, so let's watch closely.
After taking short on the small shark lvl1 pattern, who is still in this short can hunt down extended targets. Consideration for longs should take place @2178, @2177 and @2171. Stops go below 2162.
This pair has a very small ATR, but respects fibs and harmonics very well. Trade big lots mates.
