Hi traders. Bearish gartley h1 on usdchf at market entry @ 0,9742 SL @ 0,9773 TP1 @ 0,9715 TP2 @ 0,9698 As always, comments are welcome --------------------------------------------- "Build a plan, follow it consistently" Regards Rafael
Following on from successful short and a big move down after breaking through the neckline of a H&S pattern up at the recent highs, I'm still favouring a little more movement to the downside on this pair when the recent fundamentals are also taken into account. After the most recent move down, we have been consolidating in this sideways market for a few days. We...
As usual, wait for a breakout and enter right away or wait for pull back if you are conservative. There are two scenarios of entry - 0.7837 or 0.7816 TP - 0.7900 SL - 0.7775 Watch the candlestick formations Good luck traders!
Hi trades usdjpy gives 2 long opportunities with these gartleys on h1, one at market another buy-limit, As always, comments are welcome --------------------------------------------- "Build a plan, follow it consistently" Regards Rafael
One active bullish Bat pattern on this pair already on the 15 minute chart (to the right), with a possible second bullish Bat pattern currently forming on the hourly chart as we continue to anticipate the Fed later on.
Overall I'm looking for some relief on this pair given the recent rally. One potential opportunity to get involved on the short side of this pair could be a 2618 trade entry as shown on the chart. Definitely not the cleanest double top here, but matched with the bearish RSI divergence could be setting up a nice 2618 short. If price can come back up into that...
We have seen quite a rally recently on GBPUSD with various fundamental changes spurring the explosive move upwards. Elliot Wave is something I have not really used before but am starting to look into it with more of an interest as it seems to be quite a powerful tool when the time comes. From my basic understanding of it, we might have just completed the 5th leg...
USDJPY bullish cypher as entry reason for structure base trade USDJY is giving at market a long opportunity with this bullish cypher. Looking at D1 and H4, is can be seen as an entry reason for a longer term long entry Entry @ 108.55 SL @ 108.11 If you decide to take Cypher's traditional TPs: TP1 @ 108.80 TP2 @ 109.00 If you decide to take longer term TPs: TP1...
EURUSD might give a short opportunity with this bearish gartley on h1. Entry @ 1,2049 SL @ 1,2089 (NOTE: maximun SL must be checked) TP1 @ 1,1963 TP2 @ 1,1910 As always, comments are welcome --------------------------------------------- "Build a plan, follow it consistently" Regards Rafael
Looking for a Short trade here on the EURCHF - H1 chart. We've recently been tracing out a sort of rounded top formation which I feel may be an indication that we might be headed lower here on this pair. If we measure out the larger Fib retracement of the previous move up, and a Fib extension of the initial move down that followed, we can see that the 61.8% &...
Another potential bat pattern currently in formation here on the XAUUSD hourly chart. If we see price action coming back down into the low 1270s area, then I'll be waiting to buy it up! :) Could see some choppy movement though over the next days/weeks as news on Trump & NK & the Fed etc.. evolves. Lets see where it takes us!
Price making higher lows and a fifth top. If holds, next long target would be at 129.46 and 129.65
Patterns have been good in the last few days on the USDJPY -0.10% and it looks like we might have another forming as we speak. Aside from the advanced patterns, we have recently put in a double bottom with RSI divergence at this lower level, price has now broken and closed above the 'V' of the double bottom and looks to be taking some relief at the moment. This...
After breaking out the support line this line will change identity to resistance line & at the end our double top will be completed...
AUDCAD offered long opportunity on this bullish bat Entry @ 0,9969 SL @ 0,9945 TP1 @ 0,9993 TP2 @ 1,0009 NOTE: this is a late post since I entered at 0.9969 As always, comments are welcome --------------------------------------------- "Build a plan, follow it consistently" Regards Rafael
Potential bullish Bat formation here on XAUUSD - H1 chart. We'd need to move quite some way (about $30) in order to hit the D completion so not something I'm expecting to trigger anytime this week if we make it down there at all, but in case we do, I'll be waiting! :)
$AUDNZD hourly chart is at major support. If breaks, first short target would be $1.0754, second would be $1.0724.
As we can see, price formed descending wedge after uptrend, so it is high probability that upper line is going to break soon... Wait for breakout and enter on two possible levels - around 1.17600 or 1.17250. Target is at least 1.18160. Around 56 pips when you enter 17600 and almost 90 pips when you enter 17250!! Stay safe!!