gmercerfx

Hey traders, this gartley pattern completing near the invalidation level of a bearish impulse. This is confluent with many MA clusters on many timeframes. The R/R is high and the win likelihood is low compared to a wider stop, so trade size needs to be diminished in order to take a trade like this. However, there are many factors confluent with bearishness at ...

Hey traders, the R/R is nice on this potential setup. Prophecy is completing on the lower timeframe.

Hey traders, hope everyone is having a great start to this action-packed trading week. GBPCAD is on a tear upward with little resistance above. Hard to fight this one. A Gartley on the lower TF may introduce a buy limit opportunity to start or add to long positions on the lower TF. Targets are higher, around 1.84. Fundamentally, CAD has been week and NAFTA ...

Hey traders, I like a short here at the completed smaller Gartley pattern. There is confluence on the higher timeframe and the data was not as weak as the market would suggest. Looks more like a brief rally that will be followed by continued weakness. Cheers

Cable is bouncing around some important MA's on multiple time frames. I like the resistance above current levels so a short is appealing based on R/R. TP at bat completion. Cheers

Hey traders, I'd like to be long NZD and short EUR by 3:00 EST. I'm taking a short position here and aiming for the confluence between two harmonic patterns. Cheers

I like AUDJPY long as we look to further weakness in the yen and strength in the Aussie. Bat action magnet move may bring the pair further higher. Eyeing the target line for TP if the trade follows through.

Short term resistance has been broken and the pair could potentially rally to the missed pivots above. A reverse head and shoulders pattern has also presented itself indicating potential bullishness.

Resistance is being upheld at the top of the bearish channel. strong bearish candle indicates potential downside forthcoming. Large R/R if the trade is activated. Cheers

I like this pair short if new lows are made. If invalidation level is breached, I want to re-evaluate the pair. Sell stop in place unless HH made. Big targets below wedge base. Cheers

Hey traders, we may have a short term bullish run on the hourly for NZDJPY if highs are breached. Taking conservative profit in the Gartley PRZ if the trade is not invalidated. Cheers

Hey traders, there is a lot of resistance confluence in this are and I like the price action is behaving here. I like a short depending on market

I like this pair long at this level if highs are breached. Triangle is confluent with daily support from multiple parameters. SL Below lows as shown. Cheers

I like this pair short, pending price action around market open. If the pair opens lower, I'll set a limit at the gap with SL above highs as shown. Nice R/R. Cheers

Hey traders, here is an opportunity to catch the downfall but only if lows of previous candles are broken. Invalidated if highs are breached. Cheers

Now is a nice time to look for shorts with this pair. I like a short from the top of the triangle down to the missed daily pivot. Cheers

This is a great time to utilize the Darvas Boxes indicator. Sell stop below bottom of box with a SL above top. Containment within the bearish channel is the basis behind entry. Breach of the top of the box will cancel trade. Cheers

I'd like to see a retrace on this pair. Looking for a channel breakout to the long side. Cheers