Hey all, Here we have a 4H Bat pattern in yellow which I've been watching for a few weeks. However, when we go down to the 1H chart there is an at market Bullish Bat which would bring us up to the 4H completion zone. Gives us an opportunity to run for a third target with a great Risk Reward (4.7!) Fibsii Team
Hey all, Been watching this USDJPY potential Bat pattern formation now for a week or so. Recently broke 3 levels of structure (green lines) to the downside indicating we will be pressing down to a Bat pattern completion! Probably looking for this to happen early next week but we shall see. Good Risk Reward on this too if it happens - looking for target 1 and...
Hey all, Here is a unique position on EURJPY 4H. We have both a Bullish Cypher forming in addition to a Bearish Bat pattern. I would personally be expecting the Cypher to complete before the bat, especially given the overall bearish market momentum. Regarding which pattern to take - take the one that fits with your rules and what your plan allows. For me I will...
Hey all, Here we have a potential Bullish Bat Pattern forming on USDJPY. the C-D leg is in a small period of consolidation, however hoping for a press lower to complete the pattern (a break of structure where the green line is). If we get this the pattern is more likely to complete. Will be looking for 2 targets which gives us a strong Risk Reward. Given the...
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
Hey Friends 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). Happy Trading and remember NO Revenue Leakage my friends
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...
Hey guys, Following the recent T1 and T2 Cypher pattern win on AUDUSD, another Bullish Cypher is forming. Unsure if the X leg will complete however it is on the radar for this week. If the X completion is hit I would be expecting a move up to T1 and T2. Nice stop placement on this one below previous structure lows of both patterns, and a good Risk Reward given...
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 2 bear and 2 bull oppertunites 1 BearGartely @ 1.06624 2 Bear Cypher @ 1.06965 3 Bull Gartley @ 1.05697 4 Bull Gartley @ 1.05301
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. The...
I wanted to share 2 potential trade setups here on USDJPY. The first being IF - price rallies from here up to the 113.20 (without breaking the 111.358 levle) we would have a bear gartley completion. The second being IF - the A point of the potential bear gartley is broken & price pushes lower to the 110.82's we would have a harmonic move, 127 fib ext, Along...
Syndicate members there will be a video coming out on this shortly, but I wanted to share with you guys a potential breakout trade that I have on my radar this Tuesday Morning. If you're unsure on the different ways to trade these types of simple consolidation pattern you can check out the video I posted 2 weeks ago titled "How To Trade Breakouts" But there is...
After being one of my top performing pairs a year ago AUDCAD has been someone disappointing in 2016 when it comes to providing opportunities. But finally it looks as if it's getting back to form giving us a 3rd potential trading opportunity in a row. This time in the form on a potential Bearish Advanced Cypher Formation.
Not too much on my Forex watchlist so I took a few minutes to scan through a few other markets just to get the eyes warmed up for today's trading (going off of Charles Warroom Topic of "hitting the trading gym"). Price action on the DAX typically works very well with my style of trading so I love performing analysis & making predictions on it. What we have is a...
Hey traders, welcome to a new week and a new month of trading! Here on the EURAUD we a bracketed order situation where we have two potential advanced pattern formations setting up in a both a bullish & bearish Gartley formation. With many of these markets still looking to be in consolidation, these are the times when we want to stay alert for pattern formations.