Since breaking the 107.60's area, I've been waiting for some relief on the USDJPY and an opportunity to hop on a retracement and get short. As the market slowly retraces back to previous structure resistance a few opportunities have developed on the chart including a basic CTS trade using an AB=CD pattern, structure and fibonacci confluence. As well as a...
I Spotted this High probability setup today and Just wanted to share with you guys. its a bullish trend continuation trade using an advanced patten (Bullish Gartely) as our reason for entry. Here are the list of elements i used to build a case for entry: 1. A break of major structure to the upside and then a retracement back towards it 2.ABCD harmonic move...
Hello Traders, Here I have utilized the the Wolfe Wave, Geo's Off-Set Rule, and Fib clusters. Wolfe Wave - Within the Wolfe's 1-2 and 2-3 points you must look out for an ab=cd pattern which we clearly have stated here. Points 3-4 and 4-5 are less likely to have such patterns. In fact, as a WW trader, you want the 4-5 path to be carved out as smoothly as...
We have a bearish Bat forming at previous support/resistance level, so we expect a re-test of resistance an then fall to previous support Hope you enjoy! PS: I'm not 100% trader, i dont know anyone that is, and because of this, i maybe fail in my prediction, but that is ok
Two things caught my attention on the $EURUSD this morning. The potential for a bearish trend continuation trade, along with the potential for an Advanced Gartley Formation. Akil Stokes Chief Currency Analyst & Head Trading Coach www.TradeEmpowered.com -The Premier Online Trading Education Company YouTube goo.gl Facebook: goo.gl Twitter: goo.gl ...
Nice harmonical move on the german dax. The potential buying zone lines up at 9500 even handle. Watch on lower timeframes for entries. Stops should be below recent OR (below 9400's). Website: www.ogtpartners.com Twitter: goo.gl Facebook: goo.gl
Harmonics (dashed blue lines) in conjunction with a sweet Fibonacci cluster line up at a previous significant resistance level (now should be support). Alert set on buy zone to look for opportunities to jump in. Stop loss level will be defined accordingly.
On the EUR.USD Daily chart we have a potential short opportunity at the D leg completion of a Bat Pattern The price reversal zone on this pair is between 1.13849 & 1.14746 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Fibonacci Confluence: 88.60% - 1.414% including an AB=CD that completes at...
This is basically an addition on my previous publication on this pair confirming the setup and adding additional reasons, building the case why we might see a reversal here. Previous published idea : Agree with this idea ? Thanks for giving me the thumbs up by clicking the like button. Have another view, have questions, comments ? Feel free to share it...
Not all that much on my radar when ti comes to my person trading portfolio so for analysis purposes I went ahead and looked at a few other pairs that weren't able to make the starting lineup. Here on CADJPY 4 Hour we have a potential Bat pattern completion at 86.16's Appearing inside that Bat pattern killzone also exist some fibonacci confluence and a potential...
An almost perfect pattern is very, very close to completion and it's a beauty, textbook cypher pattern. Why ? AB leg retraces to 0.382 of XA-leg BC falls perfectly in between 1.272 and 1.414 CD completion at 0.786 has perfect Fibonacci confluence (see chart) On top of that we have a previous support level that has already proven resistance in the past just...
Hello Traders, This is a very simple price action based long trade setup on FX:AUDNZD . After reading the price chart, we see the market is in trending mode and currently we are seeing a retracement back into previous structure support (HL). With market coming closer to the previous higher low (HL), this reduces our risk on this trade quiet significantly. Right...
On the EUR.NZD 4 hour chart we have a potential long opportunity at the D leg completion of a Gartley Pattern The price reversal zone on this pair is between 1.6575 & 1.6524 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Fibonacci Cluster - 88.60% - 127.20% - 141.40% Potential targets for the Gartley...
Nice confluence of a potential bearish Butterfly's D point with a structure already broken to downside (which is also a Fibonacci cluster level)
The USDCHF pair has been doing lots of harmonics recently. After the most recent down leg, a retracement should be in order. The entry signal is a completed bullish Gartley pattern on the daily chart, in confluence with a 1.27 retracement of a nestled bat pattern, and a 61.8 retracement of an imperfect Crab before that. It is reinforced by the inverted hammer...
In case of a deeper price rally into the red area on the chart, we will have a bearish Gartley completion level, a fibonacci cluster zone and a retest of a broken structure to the downside: this confluence triggers a sell.
Potential Bullish Trend Continuation trading opportunity on the GBPUSD. To create my potential reversal zone I've used a combination of structure, market harmonics and Fibonacci tools. Also if you missed it live yesterday I posted a recording of our week 5 trading recap video on my youtube page. If you're new make & you like what you see make sure you give me a...