traditional targets: fib .382 and .618
haven't share anything in a long while. well here's one I've been eyeing up. lets see what the market will give us.
good luck and good trading
any and all comments, likes welcome
Having traded CL, GC, USDJPY I recognized similar movements into zones, I now wonder if they correlate in any way
Price Pattern Trader - TradeEmpowered
Analyzing the high timeframes 240min, 60min, 12range and executing in a trading timeframe 233Tick.
Potential bullish Gartley forming on EURUSD providing an aggressive entry for a trade continuation trade. The pattern completes in my already defined killzone where I wanted to enter anyway.
This way, I can just set limit orders instead of monitoring price waiting for an entry signal.
We now have a valid C-leg of a potential bat in the direction of the underlying trend.
If we complete, I'm looking to ride this up to retest the highest close of the pattern for my first target, and a 127.2 extension for my second target.
In other words, I'm using this pattern as a reason for entry into a trend continuation trade, and not shooting for the...
Potential cypher in AUDUSD 15m chart.
Rist reward of 0.76 for first target.
Need to break previous support at 0.7353 or won't fill.
Sell Limit @ 0.7373
Stop loss @ 0.73943
First Target @ 0.73574
Second Target @ 0.73475
We are way early still but IF price can ralley up to 1.07641
We wuld have a entry reason to hope on the EURUSD
and look for a potential target @ 1.000 even.
I did a short video explaing the potential trade setup here www.youtube.com
While breaking down the GBPJPY I noticed that price has broken and closed above 2 daily Structure levels. Thus, giving my the idea that price could in fact go higher. As I went down to my trading time frame of 60m I noticed a potential bull bat setting up. To learn more about how I will be taking advantage of this potential move of 1400 pips I creadted a youtube...
Here's a look at the chart we reviewed in this week's Forex Market Preview video. Once again, this is a great example of how the simple forms of analysis, when done correctly and in the right order can produce some of the "fancy" stuff that everyone seems to rush into.
If you're unclear of what that means, what the video titled "Putting It All Together for Long...
We have a potential Gartley Pattern presenting itself on the; EUR/USD 60min chart that's at 1.06589 shorting opportunity. Remember if you engage to make sure you have smart stop looses and if you are taking profits know exactly where you take profits (even 2nd target positions).
and remember NO Revenue Leakage my friends
I got my eye on USDCAD this morning. We have 2 potential advance patterns setting up. IF price rallies up to 1.34980 this could complete the bear cypher pattern. IF price falles to 1.33000 this would complete the bull bat pattern. IF the bull bat completes first the cypher will then be invalid.
Today I would like to continue my analysis on the USDJPY. IF price can rally to 113.599 we will have the D completion point of a bear bat. We also had a completion of a 2618 trade set up. I did not get filled the 2618 yet. IF price does come back down into the 112.111 level I will get long and ride price up into the completion of the D point of the Bat pattern for...
Hey traders, looking at the GBPAUD here for a potential bullish advanced bat formation. In very similar fashion to the EURJPY trade from a few days ago, this started off as a simple look at the market putting in equal measured moves combined with fibonacci ratio confluence & then morphed into a potential advanced pattern formation as I looked a little closer.