I'm getting ready for the weeks ahead, make sure to keep this on your watch list! Here we have CAD/JPY on a 4h chart with an excellent buying opportunity. The measurements for a valid 5-0 pattern are detailed below. B: 1.13 - 1.618 C: 1.618 - 2.24 D: 0.50 If we can complete our C point this move will take place in the forthcoming weeks, as always feel free...
Here we have GBP/CHF on a 4h chart with a bearish bat harmonic pattern, as you can see price is approaching our D point for a potential reversal... I am looking for extra confirmation before entering this trade. The measurements for a valid bat pattern are detailed below. B: 0.382 - 0.50 C: 0.382 - 0.886 D: 1.618 - 2.618 Final X to D: 0.886
Make sure to keep this one on your watch list, here we have USD/JPY on a Daily chart with a bearish crab pattern. I'm currently looking at long term moves in the market and this one fits the bill! The measurements for a valid crab pattern are detailed below. B: 0.382 - 0.618 C: 0.382 - 0.886 D: 2.618 - 3.618 Final X to D: 1.618 All-round excellent...
November has been a HUGE month for me and all of my students... Today we have an amazing long term setup forming on a Daily chart for NZD/USD. Straight away this could be an selling opportunity depending on the entry point to get into this change in trend. I'll be looking for opportunities on the lower timeframes in the near future. To round off we are...
November is turning out to be a GREAT month. Here we have a bullish gartley on the 1D chart. Yes, another harmonic pattern in a trend channel... Given the trendline, we might want to look for price to go a little past the PRZ zone, but then we are definitely looking for a price reversal. The measurements for a valid gartley pattern are detailed below. B:...
Price made a big move on Friday for this pair... As price is approaching the bottom of this ascending trend channel, a bullish cypher is starting to form. The measurements for a valid cypher are detailed below. B: 0.382 - 0.618 C: 1.272 - 1.414 X to D: 0.786 I have posted a previous analysis on this pair: It shows a bearish 5-0 pattern if price breaks the...
We have a potential Bullish Cypher pattern on AUD/CAD 4h chart. D point is getting close to the bottom of the trend channel, which is giving for confirmation for a reversal. This one doesn't look like it's hitting till the end of the month, but this will definitely be on my radar! The measurements for a valid cypher are detailed below. B: 0.382 - 0.618 C:...
Today, we have a Bearish 5-0 pattern on the NZD/USD 4h chart. I never trade solely off Head and Shoulders patterns, but they are good for further confirmation. Depending on when the D point hits, I have given both options for the C measurement on the graph. They are differentiated by color: Green = C:1.618 Blue = C:2.24 Also, I have high lighted in red where the...
After two profitable trades using the 5-0 pattern in previous weeks here we have GBP/USD on a 4h chart with yet another 5-0 pattern. I'm absolutely loving the look of this, especially ahead of the U.S Presidential Election. (This is purely a technical prediction, I am not basing this analysis on who is likely to be voted) The measurements for a valid 5-0 pattern...
Everything I've seen this week is indicating a strong Japanese Yen for the short term, here we have AUD/JPY on a 4h chart with a bearish crab pattern followed by a bullish shark. I will be going short all the way down to my 0.618 take profit level at 77.600... Then potentially entering a long position :) Credit to www.tradingview.com for spotting the bearish...
Very similar to my analysis last month which was also on the daily chart, USOIL has tanked this week since hitting a level of resistance at 51.50... I'll be looking for opportunities on the lower timeframes very shortly to confirm a move higher or lower. Let's see how the market shapes up over the next week, check out my previous analysis on USOIL in the related...
Make sure to keep this one on your watch list, here we have NZD/JPY on a 4h chart with a bearish gartley. I'm currently short on this pair but this pattern provides extra validation for a larger move, check out my previous analysis: The measurements for a valid gartley pattern are detailed below. B: 0.618 C: 0.382 - 0.886 D: 1.272 - 1.618 Final X to D: 0.786
Wow this is huge, today we have USD/JPY on a 4 hour chart with yet another bullish 5-0. Yesterday I posted my analysis on CHF/JPY with the exact same pattern... Here is my analysis below: The measurements for a valid 5-0 pattern are detailed below. B: 1.13 - 1.618 C: 1.618 - 2.24 D: 0.50 As mentioned in yesterdays analysis the 5-0 pattern holds a much...
There are some amazing setups forming on the charts, here we have EUR/CAD on a 2h chart with a potential bearish bat. Excellent opportunity we will be trading with over 1:3 risk to reward! The measurements for a valid bat pattern are detailed below. B: 0.382 - 0.50 C: 0.382 - 0.886 D: 1.618 - 2.618 Final X to D: 0.886 I'll be looking for extra confirmation...
We have CHF/JPY on a 4h chart with yet another 5-0 pattern but this time it is bullish. I'm absolutely loving the look of this, if we can complete our D leg I'll be going long. The measurements for a valid 5-0 pattern are detailed below. B: 1.13 - 1.618 C: 1.618 - 2.24 D: 0.50 The 5-0 pattern holds a much better structure on the Daily chart but we shall see...
We're looking at NZD/JPY on a 4h chart, this is an excellent shorting opportunity (we are trading with a 1:2 risk to reward). The measurements for a valid bat pattern are detailed below. B: 0.382 - 0.50 C: 0.382 - 0.886 D: 1.618 - 2.618 Final X to D: 0.886 I'll be looking for extra confirmation once we approach our D point, this is definitely one to watch....
Yes we have a valid bullish cypher, this time we are looking at USD/HKD on a 4h chart with a simple buying opportunity. The measurements for a valid cypher are detailed below. B: 0.382 - 0.618 C: 1.272 - 1.414 X to D: 0.786 REMEMBER: Trade at your own risk, exotic currency pairs can be extremely volatile. Do you want more trading inspiration? Connect with me...
Since the brexit vote we are still selling off, now into the 1.2 levels creating new lows for GBP/USD. In relation to one of my first ever charts posted on TradingView over 7 months ago I stated price would break the lows of 2009 which we seen straight after the brexit vote. The question to be asked now is, what is the future of the pound?