Nice bullish Gartley pattern completion on the EURJPY. If the markets don't gap below the initial impulse leg at the open, I'll be looking to get long. This is a good opportunity to ride the midterm bullish momentum.
Potential long opportunity setting up on the EURJPY. If price heads lower from here and reaches the .886 retracement of X to A leg, we will have completion of a bullish bat pattern.
Don't know if price will head lower from here but if it does I'll be looking to get long once the pattern completes.
Bullish Bat Inside of Potential Triangle formation at support level. The bullish Bat could potentially be used as a trigger to get long on the EURUSD. If the support zone and bat pattern hold and we see a break out of the upper trendline we might see a continued move into 1.1200-1.1220 & 1.1300-1.1360.
USDCAD has recently broke a swing low (support) at 1.3226 which indicates that sellers may be in control of the markets. We might get the opportunity to hope short on a pull back that happens to form two advanced patterns.
We have a bearish bat pattern on a shorter time (15min) frame and a bearish cypher on a ...
Looks like we are going to have a nice opportunity to hop on a bearish cypher pattern in an otherwise bearish market. The USDCAD0.78% has been trending lower for a little while now so this will present a nice chance to jump on the downward trend.
Stop above swing high 1.3485
1st Target 1.3365
The GBPUSD is raining potential Gartley Patterns. While most trend following traders find consolidating markets frustrating, advanced pattern traders are in heaven. I'm curious to see how this market is going to play out.
We may see a bearish Gartley completion on the AUDUSD 4hr chart in a the next couple of days. Keep your eye on the .7200 even handle. If prices comes back up into this level, there will be an excellent shorting opportunity.
Bullish Bat Pattern Setting Up on the GBPJPY 60 min chart. Price has been forming a nice ascending channel since the end of January. It looks we might be able to use the trendline support for added confluence on this advanced pattern completion 88.6% Fibonacci Retracement level. These patterns are all over the ...
If you've been waiting for a decent opportunity to hop on the downward trend. Wait no longer.... An advanced pattern, otherwise known as the bat pattern, just completed and can be used as entry technique to get involved.