Hey traders! Looking at a potential bearish Advanced Gartley Formation setting up here on the EURJPY. LOOKING LEFT at the predicted "D" completion price you'll also notice that this level has recently been respected as both previous structure support and resistance. The "A" leg of the Gartley Formation also represents a break and close below previous structure...
for those looking for a reason to get long on this pair. maybe this is it. entry @ .7251 trade your plan. good luck and as always any and all comments are welcome
We also have a potential bear cypher setting up here on thw 1hr. IF it completes I will be looking to take T1 @ the 382 roll my stop to BE & look for T2 @ the completion of the bull bat I shared moments ago. Stop above X T1 @ 382 of C to D T2 @ Bull Bat Completion
Looking at a potential head & shoulders buy set up on the AUDCAD coming into a structure filled level. We also have a 61.8 fibonacci retracement with HTF confirmation at that level as well. Certainly a trade I'll be keeping my eye on tonight and tomorrow for a change to get long. Syndicate Members: Tonight's video will be discussing this opportunity. Akil...
After going overbought on the daily chart about a week ago the EURGBP has done nothing but consolidate & given us sideways movement. These ebbs and flows of price action have now set up the opportunity to take advantage of a bearish Advanced Gartley Formation completing at 0.8612 This pattern formation was also discussed in this week's FMP starting at the 12...
Since breaking the 107.60's area, I've been waiting for some relief on the USDJPY and an opportunity to hop on a retracement and get short. As the market slowly retraces back to previous structure resistance a few opportunities have developed on the chart including a basic CTS trade using an AB=CD pattern, structure and fibonacci confluence. As well as a...
After a broken pattern, plan B materialised after a long wait. After 7 retests of historical structure PA boost hitting Target1 in a flash, caught off guard I had no Target2 defined - myBad. Dang that was exciting !
Brewing for 3 days PA broke downside in the biggest way hitting Target 1 & 2 in one swoop. Best trade to date, followed the plan, more importantly was patient (what a breakthrough), becoming TradeEmpowered.
Not all that much on my radar when ti comes to my person trading portfolio so for analysis purposes I went ahead and looked at a few other pairs that weren't able to make the starting lineup. Here on CADJPY 4 Hour we have a potential Bat pattern completion at 86.16's Appearing inside that Bat pattern killzone also exist some fibonacci confluence and a potential...
Looking for a potential bearish gartley pattern on the USDCAD hourly chart. This is one of the only higher timeframe setups on my radar for today as the rest of my portfolio seems to be nose diving (especially those Yen pairs). I would assume that like yesterday we may have to spend some extended time on the range bars charts in order to see if we can hop on the...
After receiving an initial bounce off of last weeks Killzone on Gold. We're now retesting our wedge pattern breakout with an advanced pattern completion. this advanced pattern completion also represents the "C" leg of another potential pattern as well. But at the heart of things this is still a trend continuation trade. Akil Stokes Chief Currency Analyst & Head...
This is my first Idea I am sharing. I am still learning so I could really use some feedback from some seasoned traders. Please don't be afraid to blast my trade ideal. I would like to see a retracement back to the .618 where there is some support structure and then back up to the -0.382 extension. I know its been bouncing off the .382 but here isn't much...
In preparing for this mornings training on IPDE and Trend Continaution vs. Trend Following vs. Countertrend trading, I found a handful of potential good looking structure based trades on the Yen crosses. In this particular example we have some beautiful harmonic movement (equal measured moves) heading into a resistance level. Thanks to that nasty wick at the top...
There is a possible double bottom forming on USDJPY H4 right on a structure level. RSI oversold, and divergence as well. Target1 at test of previous outside return, and target2 right below retest of structure level above. Stops below the structure at 113 inversion.
Price has pushed beyond the B-leg to hopefully complete a bearish Cypher pattern. The market is generally trading downwards on this pair, which gives me even more confidence on this one as it is in the direction of the underlying trend.
Happy Friday traders! Just wanted to share a few potential advanced patterns to keep an eye on heading into next trading week. I no longer have this pair in my portfolio, so I won't be able to participate but it's still one of my favorite pairs to do analysis on since it's been offering a massive amount of opportunities this trading year. Akil Stokes Chief...
Coming off a massive week in the Syndicate it’s somewhat refreshing to have only taken a single trade this week. Well two if you count the AUDUSD Bull bat that just filled a few hours ago (60min). Either way a slow week often means that there are a lot of potential patterns going through there setup legs and the EURUSD is a prime example. Three potential...