NZD/USD has been down trending since January and it finally reached a significant event area which previously acted as a support with a one leg touch. The market is playing the perfect role for a retracement, we've had strong momentum outburst on the sell direction the past couple of days and that's most likely constitutions pushing the market down to catch all...
Just got short EURUSD on this bearish Bat pattern. Minimum stops need to be above X at 1.0689 with target 1 at a 38.2 fibonacci retracement and target 2 at a 61.8 fibonacci retracement. If you would like to follow all of my live trades, you can sign up for free on my website: www.bctradingsystems.com Good luck and Good trading.
There is a potential bearish cypher setting up on the GBPUSD. This pattern will potentially complete @ 1.25151. Minimum stops need to be above X at 1.25559 with target 1 at 1.24585 and target 2 at 1.24241. As always, make sure to follow your plan. Good luck and good trading.
Gold is at a significant level now with major structure from multiple sources. I will be trading a shift in sentiment on the lower time frame with targets already outlined on the charts.
on the GBPCHF chart we could get a potential Bullish Bat . The completion of the Bullish bat Pattern offers a trading advantage and a chance to buy the GBPCHF D completion point shows ratio confluence with the 161,8% of AB. The PRZ zone is only a guideline where we will be paying attention to.
Hello traders, I see a potential BAT Pattern and eventually a ABCD Pattern on the 1hr chart. the D leg from the Bat could come in nicely with the ABCD (D) Leg. This pair is on my radar. Note: since I am still learning the Patterns etc. this is my Idea I would be happy to hear what you guys think.
USDCAD I see a potential Gartely on the 1hr Time Frame.
Syndicate members there will be a video coming out on this shortly, but I wanted to share with you guys a potential breakout trade that I have on my radar this Tuesday Morning. If you're unsure on the different ways to trade these types of simple consolidation pattern you can check out the video I posted 2 weeks ago titled "How To Trade Breakouts" But there is...
Will be looking at the Completion of the Bat Pattern for a pottential short opportunity
Non farm payroll has kept me away from the USD pairs as this pair will be very volatile and unpredictable in the way it moves however I have still analysed it. On the 1 hour window im expecting price to keep moving within the side trend for now and potentially come down to 1.31403 and break below down to1.31073, if not it will come down to around 1.31403 and then...
One gartlety which is at market. and Bat waiting for compeletion at 103 Even. TIme to consider where to place your stops and have a minimum stoploss. I have a rule for max stoploss of 100 pips. so I will wait for price action to come with in that Zone. I will use the filter of RSI being over bought and Divergent for a reason for entry on the lower time frame
EURNZD H4 short setup ready now. Enter after checking your rules of engagement. This trade has a great potential with a risk to reward ration of 1:6. Enjoy your pips ;) Any questions, feel free. Zak
An advanced Pattern formation Bear Cypher
Will be looking at the Bat pattern Completion for pottential long opportunities Much as the Impulse leg is Ugly.
Looking for 886 Fib retracement for D completion for a reason of entry.
looking at major structure on the Left lining short of the D completion of the Cypher Pattern for a potential Short entry