Hey Guys, Been a while waiting for our next trading opportunity but the important thing here is we don't try and force a trade. We currently have an at market Bat formation on EURJPY 4H, providing us with a 1.5 R:R to target 1. Will be looking for a press to the downside and the nice indecision candles around this area suggest selling pressure. As always, trade...
PAIR: GBP/USD TTF: 1HR TRADE: PATTERNS NOTE: These are potential Trade opportunities based on my own personal Analysis. Thank you, Star Prosper Philip Stewart
PAIR: EUR/USD TTF: 1D TRADE: ANALYSIS NOTE: These are potential Trade opportunities based on my own personal Analysis. Thank you, Star Prosper Philip Stewart
Hey guys, Just found an at market Cypher pattern on AUDUSD 4H following our loss on this pair last week. I actually missed the conventional .786 entry however the pattern is still valid as X @ 0.7680's hasn't been broke. This is actually giving us a much better Risk Reward, especially for a Cypher pattern. Note - if X had been broken this would be an invalid...
Hey all, Woke up this morning and noticed a smaller Bat pattern forming on the 4H chart. Although we haven't broke and closed above the B point yet, we have pushed higher - will be waiting for the candle close. Still have my orders placed on this as we could spike up and get filled. Looking at a nice Risk Reward and a relatively small stop loss for the 4H chart....
PAIR: USD/JPY TTF: 4HR TRADE: GARTLEY PATTERN NOTE: These are potential Trade opportunities based on my own personal Analysis. Thank you, Star Prosper Philip Stewart
Inverse H&S formation on the Daily TF which we have just completed the RS and are currently in the BUY ZONE. Upon the break of what was acting as a previous support (now resistance) of 1.70525 I will be looking for a long entry. Most likely looking for a break above the 23.6 fib. Just over 2:1 R:R Ratio, will keep my eye on this as the day progresses.
USD/CAD - A lot of confluences to see a bullish continuation upon a successful breakout of around the 1.32400 level. Bullish engulfing candle on the daily time frame too, i will wait for a break and close above the resistance area on the daily TF before going long.
GBP/AUD - Close to entering short on this pair. Waiting for a clear break below the 61.8% fib level as it appears to be an area of strong support. Let me know your thoughts.
1 Hour Advanced pattern, Short @ 0.71321 Targets @ 38% retest, further targets... looking to retest previous structure low
Advanced cypher pattern, 15 min time frame. D completion @ 1.45161 level (Major Daily Support/Swing level) 30 pip T1 targets
AUDCAD is now sitting on key level of support which was a key level resistance. We have logical entry and target point with a potential 5 to 1 winner.
Reasons to sell: - Leaving daily supply zone - In line with downtrend (demand zones being broken on smaller timeframe) - Favourable risk/reward
After seeing a strong move to the up side, we see this pair move into a 100 pip ranging consolidation. Short EURJPY on the break out and close below of previous support @ 116.89 77 pip target (one) Target (twos) ??
Reasons for trade: - At weekly supply zone - > 3:1 R/R - In a down trend (demand zones being taken out)
EURUSD Starting to show some strong signs of bullish momentum after a previous strong push down to structure. 25 pip T1 Targets T2 targets??
EUR/USD is sat on a key trend line acting as support which has been tested several times. I am waiting to see if we break the trend line, if so i will trade it down to the monthly support of around 1.08100 with targets set in between. I will enter trade on a close below the trend line. RSI and Stochastics also appear bearish into the week ahead.
Reasons for trade: - Up trendline broken by 1hr supply zone - Supply zone taken out 1hr demand zone (confirm downtrend) - Clear path down till 114.300 - >3:1 R/R