This isn't a trade system that I've used, but one that I'm planning to experiment with after getting decent results with limited back-testing on only Bitcoin (thus, I'd probably only use it on Bitcoin, for the moment). Pretty simple rules, but it seems to be an effective profit-grabber with decent success rate. What do you think?
UJ followed my short bias as it reversed right in my zone. For entry confirmation on this swing I am looking for uj to break TL retest structure. Complete pattern tp targets. Also new start to a c-d leg of a cypher
Analyzing AUD CHF we see market seems to be incline to go short this time. TK crossover is turning over as well as if price goes on as it is once it close current candle we will break Kijun and also bear fractal giving us green light to enter in the market. If we zoomed in H4 the line market at 0.76303 show us a possible fractal zone where we can look for price...
on the GBPCHF chart we could get a potential Bullish Bat . The completion of the Bullish bat Pattern offers a trading advantage and a chance to buy the GBPCHF D completion point shows ratio confluence with the 161,8% of AB. The PRZ zone is only a guideline where we will be paying attention to.
Price has broken below the triangle pattern. I am trading the pullback to support.
USDCAD I see a potential Gartely on the 1hr Time Frame.
Bearish Cypher @1.2559. Stops 1.2623. Tgt1 @ 1.2503 and Tgt2 @ 1.2468.
Cypher Pattern completion at 1.72052, Targets at the 38.2 Fib Retracement of the C-D leg with stops being at the 1.414 Fib Extension of the C-D leg. Bat Pattern completion at 1.71779, Targets at the 38.2 Fib Retracement of the A-D leg with stops being at the 1.272 Fib Extension of the A-D leg. Cypher Pattern completion at 1.69920, Targets at the 38.2 Fib...
Butterfly Harmonic Pattern formation on the 1H time frame. Pattern completion at 1.07857, Targets at the 38.2 Fib Retrenchment of the X-A leg with stops being at the 1.272 Extension of the A-D leg.