Traders, today we have XAU/USD on the daily chart with a valid bearish bat pattern.
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
XA Retracement: 0.886
Price has yet to confirm the PRZ which consists of a 1.618 AB=CD, 2.618/3.14 BC and 0.886 XA retracement.
Once the final 0.886 measurement...
USD/JPY is currently forming a bearish deep crab pattern on the 4h chart, providing a trading opportunity with a 1:2.6 risk to reward.
The measurements for a valid deep crab are detailed below.
B: 0.886
C: 0.382 - 0.886
D: 2.0 - 3.618
X to D: 1.618
Keep this on the watch list! Price has just confirmed the PRZ.
Thank you for your support everyone :)
Hello, traders!
Today, we are looking at a Bearish Gartley Pattern on the 4H chart with GBP/USD .
The trade hit rather quick!
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
Traders, today we have AUD/NZD on the 15m chart with a valid bullish bat pattern.
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
XA Retracement: 0.886
Price has yet to confirm the PRZ which consists of a 1.618 AB=CD, 2.24 BC and 0.886 XA retracement as the final ratio.
Once the final 0.886...
The FTSE 100 is shaping up nicely on the 4h chart, I'm expecting this bullish 5-0 formation to complete within the next few weeks at the 50% retracement level.
The measurements for a valid 5-0 pattern are detailed below.
B: 1.13 - 1.618
C: 1.618 - 2.24
D: 0.50
We will be trading with a stop loss below the 0.618 retracement level at 7240. If we execute the...
Bullish AB=CD BAMM opportunity is now shaping up on the Standard and Poor's 500 index on the 4h chart.
This one to one measured move looks excellent, the AB=CD completion is beyond the ATH at 2877, this is complemented by the reciprocal ratio of 0.5 which is the 2.0 projection.
I'm expecting price to break resistance @ B followed by an acceleration in price...
Quick post ahead of market open, I'm looking at EUR/USD on the 1h chart with a bearish gartley and bearish deep crab pattern.
The first formation we will need to assess in real-time upon completion is the bearish gartley, we need to determine if the reversal will take place @ 1.17800 or 1.18415.
I will be focusing on the 15m and 4h chart to back up my analysis...
EUR/JPY is now restesting the PRZ of a bearish gartley on the 1h chart.
The measurements for a valid gartley pattern are detailed below.
B: 0.618
C: 0.382 - 0.886
D: 1.13 - 1.618
Final X to D: 0.786
Use the 15m chart for entries! Minimum 1:2 R:R trade.
Safe trading everyone!
Hello traders, here we have EOS/USD on the 1h chart with a valid bearish bat pattern.
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
XA Retracement: 0.886
Price has yet to confirm the PRZ which consists of a 2.0 AB=CD, 2.24 BC and 0.886 XA retracement as the final ratio.
I'm currently paying...
What's up traders, I'm currently watching the gartley 886 on EUR/GBP 15m chart.
The measurements for a valid gartley pattern are detailed below.
B: 0.618
C: 0.382 - 0.886
D: 1.13 - 1.618
Final X to D: 0.786 (0.886 due to AB=CD completion)
Gartley patterns at an 88.6% retracement of XA are unique, this is utilised when the AB=CD completion extends past the...
Quick outlook on XRP/USD with a descending channel on the 4h chart. Many of my followers have requested analysis for several cryptocurrencies and the vast majority are trading within price channels right now.
The structure shown for Ripple can be seen in various other altcoins such as ETH (testing resistance) and SC.
I'd pay close attention to the minor support...
The vast majority are still bearish on BTC, mainly due to structures on the lower timeframes indicating further downside. Taking a step back and analysing the 4h chart, it provides a different outlook.
Straight away we can see many similarities in the way price has been moving since March 2018. Trading within clearly defined descending and ascending channels,...
Hello traders, here we have GBP/USD on the 15m chart with a valid bullish bat pattern.
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
XA Retracement: 0.886
Price has confirmed the PRZ which consisted of a 1.618 AB=CD, 2.24 BC and 0.886 XA retracement as the final ratio.
I'm paying attention to...
What's going on traders, I hope you've all had an excellent weekend. I'm bringing you an opportunity to keep on the watch list, today we have AUD/NZD on the 1h chart with a bearish gartley 886 and bearish cypher.
Gartley patterns at an 88.6% retracement of XA are unique, this is utilised when the AB=CD completion extends past the 78.6% retracement which is the...
What's going on traders, I hope you've all had an excellent week. I'm bringing you an opportunity to keep on the watch list, today we have NZD/CHF on the 4h chart with a bullish bat pattern.
It's a back to back setup as price previously formed a bearish bat pattern which almost hit SL at 1.13 of XA, price reversed and achieved TP 1 and 2.
The measurements for a...
Interesting situation on the 15m chart for NZD/USD just before market close. We've got a valid bearish gartley 886 that completed earlier today, price has now retested the same area and opened up a potential short.
The measurements for a valid gartley pattern are detailed below.
B: 0.618
C: 0.382 - 0.886
D: 1.13 - 1.618
Final X to D: 0.786 (0.886 due to AB=CD...
We've got another bat formation on the daily chart, this time we're looking at USD/CAD.
Price is 300 pips away from the PRZ so this is one to keep on the watch list... It has a lot of potential.
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
XA Retracement: 0.886
We're looking at a 1.618...
