AJ_DeCarli

AJ_DeCarli

Simple price structure based short trade. Expecting price to respect the structure zone that acted as resistance and support previously.

AJ_DeCarli

Bullish Cypher Pattern Completion on the 1hr chart. Looking for a short term bullish move in price up to 157.30 to 157.70.

AJ_DeCarli

GBPUSD is about to complete a very deep bearish Garltley Pattern. Time to get short. Let's see if the 1.4450 level will hold as resistance and push price back down.

AJ_DeCarli

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. Happy Trading!

AJ_DeCarli

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. Happy Trading!

AJ_DeCarli Updated 

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.

AJ_DeCarli Updated 

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 little bit higher time frame (60min). If price...

AJ_DeCarli Updated 

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. Entry 1.3424 Stop above swing high 1.3485 1st Target 1.3365 2nd Target 1.3326 * If 1st target is reach...

AJ_DeCarli

Price just broke a recent swing low, if we get a pull back into the .618 Ret, I'll be looking to get short to hop on the direction of the larger downward trend.

AJ_DeCarli

Bearish Cypher Pattern Terminates at structure resistance. Pretty nice area of confluence. Let see if the cypher pattern will complete and the market will roll over. Happy Trading

AJ_DeCarli

Look for a short term pop on the audusd. The pair has put in a bullish bat pattern.

AJ_DeCarli

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.

AJ_DeCarli

The audusd is pretty close to completing a gartley pattern on the 1hr chart. Also worth noting, the pattern completion point is right at the .7200 even handle (psychological) level.

AJ_DeCarli

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.

AJ_DeCarli

Pay attention to the GBPUSD, looks like we might have an opportunity to get short a bearish cypher pattern right at a daily structure level.

AJ_DeCarli

Just captured a nice profit on the bullish Gartley pattern. Looks like it might be time to reverse positions and hop on the bearish Cypher pattern to the downside. You have to love advanced patterns.

AJ_DeCarli

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 currency market.

AJ_DeCarli

Here's a heads up for all you advanced pattern traders. We have a Gartley pattern and Cypher pattern are forming on the 1hr chart.