Hey all, Haven't seen much activity in the markets this week. Checked NZDUSD this morning though and found an at market Cypher pattern. This pattern has already pressed lower than the .786 retracement entry but is still valid which means we can get involved with a better risk reward. Only a small risk on this trade so should be open to most traders. This is also...
This one I will be going short upon the completion of another bearish candle. Im looking for either a pinbar or engulfing candle to seal this one. I will be updating with Entry, etc. Join Our Focused Forex Chat! atlas-trading.signup.team
Simple probability set up. Triangle downtrend started in 11/2016 and VNDA has only been through one full harmonic trend (wave) ever since. Second wave downward move imminent with RSI confirmation @ 35 and bearish $13 target. However, aggressive long entry for quick profit ($15 bullish target) especially with upcoming earnings. Upon $15 target, (expected RSI...
Put this one on your watch lists folks. I'm looking for a downward break to sell if buyers get thwarted.
I'm taking this one short right now all the way until 1.47. We see weakening RSI, strong downward motion in the price action, all in the midst of a downtrend. Just watch for some unexpected breaks up, and you should be golden.
This post is a bit hypothetical and completely out of character for me, because I usually trade after I've received complete and total indication that moves are going to play out in my favor, but I've seen this pattern play out so many times that it seems silly not to at least make you guys aware of a possible way this pair could develop. I see an uptrend forming...
Here we see a rising RSI, weak candles, all moving into a support. I expect to see a bounce in the coming weeks.
Just like CADCHF right now, CADJPY is seeing weak candles moving into strong resistance with terrible strength. This will be moving down in the coming weeks.
This is probably the easiest trade I've ever seen. We are seeing weakening RSI, reversal candles, all moving into strong resistance. This pair will move down in the coming weeks.
Hey everyone, Here we have a bit of a messy Cypher pattern on EURJPY. I entered this late last week and thought I had made a post but must have missed the publish button. Since entering the market has rolled over about half way to first targets, but it will be interesting to see what happens going into next week. Will be hoping for the volatility to pick up...
Greetings my comrades!~ My initial entry on a regular pullback has somewhat evolved into a Flag Pattern! No matter, its still a bullish pattern! Using the 161.8 and 261.8 Fib level, I found two possible TPs that you can use! I'm personally going aggressive on this one since the confluence favors it, but I'm still keeping my risk small Good luck trading my friends!
Hey all, Nice 4H winning Bat pattern. Didn't get chance to make a post about this but rolled over without pain to both target one and target two giving us +98 with .382 and .618 fib targets! Fibsii Team
Potential Cypher pattern EURCHF 4H close to completion. Pay attention for .786 retracement being hit to make it a completed pattern. Looking for 2 targets both with underlying 4H market direction (bullish)
Hey all, Potential Bat pattern forming on USDJPY at the moment. Following the recent drawdown on this pair I would be expecting within the next few trades to start picking up. Unsure if this will complete as we are in an overall bull trend, however will be paying attention over the week to see what will happen. Key point to look out for is the breaking of the A...
Hey all, Small and a bit messy, but an at market Cypher pattern on GBPUSD 4H. Managed to get entered slightly below the X completion (just a matter of ID after it had completed). However, without pressing below X this pattern is still valid. Looking for a press upwards to Target 1 & Target 2. Using a 113% stop loss, and good Risk Reward. Fibsii Team
Hey guys, Just been entered into an NZDUSD Bullish Bat! A little late with the publishing of this but only recently had time to check my charts. Entry according to my rules is at the 88.6% retracement, however of course follow your specific and tested rules. Aiming for both T1 and T2 with this, and a relatively small pattern for this timeframe so shouldn't pose...
Now is time to enter bullish... 2 targets one easy one hard.