What's up everyone, here we have CAD/CHF with a bearish bat pattern on the 4h chart. Excellent opportunity with a 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 If this pattern does not complete I will refer back to my previous idea (chart is shown...
Today we are looking at a bullish alternate bat on the 1D chart with CHF/JPY. With price creating a lower low, we can expect price to makes it's way down to D point an reverse. Alternate bats are a powerful pattern, and indicate huge trend reversals. Risk Ratio - 1:6 The measurements for a valid alternate bat pattern are detailed below. B: 0.382 C: 0.382 -...
Hello, traders! Today, we are looking at a bullish 5-0 on the 1D chart with USD/CHF. With price breaking out of the descending wedge, we can look for the market to make its way to C point. The measurements for a valid 5-0 pattern are detailed below. B: 1.13 - 1.618 C: 1.618 - 2.24 D: 0.50
Wow this is huge! Today we have GBP/USD on the 1h chart with a bearish BAMM (Bat Action Magnet Move) setup. 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 This looks good to short from the current level with a stop loss set above previous resistance. Green area displays the...
Interesting setup on the 15m chart for XRP/USDT with a pennant pattern, these patterns are meant to be traded as continuations... You can see this is clearly not the case as price has broken out of this area to the upside. The main purpose of this post is to highlight the key price structure within the market, refer to this chart whether you're going long or...
Upon finding this cup and handle pattern it reminded me of a brilliant idea by www.tradingview.com The graphics are just for a bit of fun :) but this is the structure I'm currently watching for ETC/USD. Less than 24 hours ago I posted my view on the 1h timeframe featuring an ascending channel (chart is shown below). This provides us with an excellent scope on...
Hello traders, here we have USD/CAD with a bullish bat pattern on the 4h chart. Excellent opportunity 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 The D point completes on a major level of support, I'm expecting price to stall on this level...
What's up everyone, here we have LTC/USD on the 30m chart with a very distinct ascending channel. The main purpose of this post is to highlight the key price structure within the market... Refer to this chart whether you're going long or short. Connect with me below for more trading inspiration :)
What's up everyone, here we have ETC/USD on the 1h chart with a very distinct ascending channel. Price has been trading within this area for one whole month testing both support and resistance various times, with no sign of a clear breakout. The purpose of this post is to highlight the key price structure within the market... Refer to this chart whether you're...
Hello traders, this is an early prediction for CHF/JPY which I will update as the trade progresses. Today we have a potential bullish three drives pattern on the 4h chart with several trading opportunities, long and short! Price has now completed the 2nd price drive at 1.44, but it could drop to a maximum of 1.618 therefor altering the entire pattern. I'm going...
Hello traders, here we have USD/MXN with a bullish shark pattern on the 4h chart. This is an excellent buying opportunity with over 1:3 risk to reward, don't miss out on this one! The measurements for a valid shark are detailed below. C: 1.13 - 1.618 D: 1.618 - 2.24 Final X to D: 0.886 - 1.13 This pattern could potentially turn into a 5-0 in the near...
I'm back with another 5-0 pattern but this time on the 4h timeframe with AUD/JPY. Price is currently completing the C point at the minimum 1.618 but it could drop further to 2.24 before making a move towards the PRZ. 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 structure has a perfect...
Hello, traders! Today, we are looking at TONS of confirmation with the USD/CHF on he 1D chart After the completion of the Bullish ABCD pattern, it looks as though price will be reversing at the 0.618 level. This is also confirmed by the Moving Average Indicator set to 50. Price will continue to go down in the days to come as long as price doesn't break out...
Harmonic patterns are a very precise way to trade, if executed correctly. BUT... The 5-0 is my all time favourite pattern to trade, my accuracy with this pattern across all financial markets is absolutely mindblowing. Two months ago I posted a 5-0 pattern on the 4h timeframe (chart is shown below), I'm using the same timeframe today and now that the move has...
There are some amazing setups forming on the charts, here we have AUD/USD on the 1h chart with a bullish gartley. This is an excellent opportunity with a 1:2 risk to reward! 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 If you want more trading inspiration be sure to...
What's up everyone, here we have USD/CHF on the 4h chart with a very distinct descending channel. Price has been trading within this area since November 2016 testing both support and resistance various times, with no sign of a clear breakout. This could potentially form a bullish three drives in the near future. The purpose of this post is to highlight the...
Hello traders, here we have LTC/USD with a bearish bat pattern on the 15m chart. It makes a change from posting about the 1h, 4h and daily all of the time. 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 (D leg is slightly extended) Final X to D: 0.886 This is not a chart I'm trading but more to...
We're looking at another cypher pattern but this time on the 1h chart with EUR/JPY, this is an excellent shorting opportunity with over 1:3 risk to reward... Don't miss out on this one! The D point forms at a major level of resistance, I'm expecting price to stall out on this level followed by an aggressive reversal. The measurements for a valid cypher are...