Hi all, There is a potential cypher pattern long on GBPUSD 15M @ 1.4421. Stops below X (be aware stops should also really go below the previous low of 1.4351 so make sure it meets your RR ratio) Target 1 @ 1.4480 Target 2 @ 1.4518 Targets, as always, will be adjusted should the pattern complete.
HI all, A re-analysis of the earlier potential Cypher long, with corrected A leg, setting up on the GBPUSD 15M @ 1.4380. There are a couple of ways to play this trade. You could use it as just a standard cypher or it could be used as an entry on a Trend Continuation Trade looking for a larger move to the upside. Remember to play what's in your plan and stick...
Hi all, Following on for the good results earlier with the Cypher patterns and the trend continuation trade, there is a potential Gartley Pattern Short on the GBPUSD 15M right up where target 2 for the trend continuation trade from earlier is @ 1.4521. Stops above X Target 1 @ 1.4457 Target 2 @ 1.4417 Targets will as always be adjusted should the pattern complete.
Hi all, There is a potential bat pattern long setting up on GBPUSD 15M @ 1.4394 Stops below X Target 1 @ 1.4440 Target 2 @ 1.4468 Targets, as always, will be adjusted should the pattern complete.
Hi all, In addition to the larger cypher forming on GBPUSD 15M, there is also a smaller pattern forming @ 1.4411 Stops below X (be aware of the potential larger entry and make sure you have the right RR ratio should you want to take this. Target 1 @ 1.4439 Target 2 @ 1.4456 Don't forget to adjust targets should the pattern complete.
HI all, There's a potential cypher pattern long setting up on the GBPUSD 15M @ 1.4375. There are a couple of ways to play this trade. You could use it as just a standard cypher or it could be used as an entry on a Trend Continuation Trade looking for a larger move to the upside. Remember to play what's in your plan and stick to your rules. For the cypher...
Hi all, Small potential Bat pattern Long @ 1.4358 Stops below X Target 1 @ 1.4378 Target 2 @ 1.4390
Hi all, A long way off yet but there is a potential Cypher pattern short on the GBPUSD 15M up @ 1.4600. One to keep an eye on. Stops will need to be quite a distance away above X, so make sure your rules allow for it and your position sizing is correct. Targets are currently as below. Target 1 @ 1.4506 Target 2 @ 1.4447 Like I say it's a long way off yet, but...
Hi all, Looking at potential Short Gartley & Bat patterns completing in the same area on the GBPUSD 15M. The Gartley offers me a slightly better entry @ 1.4572 so that's the one I will be focusing on. Stops above X Target 1 @ 1.4527 Target 2 @ 1.4498 For the Bat pattern entry is @ 1.4570 Stops above X Target 1 @ 1.4525 Target 2 @ 1.4498 Obviously, as always,...
Hi all, We have a potential gartley pattern long on the GBPUSD 15M @ 1.4352 Stops below X Target 1 @ 1.4386 Target 2 @ 1.4409 Targets will be adjusted should the pattern complete.
Hi all, Bat Pattern Long currently @ Market Stops Below X T1 @ 1.4333 T2 @ 1.4364
Hi all, Long way to go to complete this but there is a Potential Gartley Pattern Long @ 1.4194 Stops Below X Initial T1 @ 1.4259 Initial T2 @ 1.4300 Initial Targets will be adjusted should the pattern complete.
Hi all, Potential Cypher pattern short setting up on the GBPUSD 15M @ 1.4322 Stops above X Target 1 @ 1.4266 Target 2 @ 1.4231 Targets, as always, to be adjusted should the pattern complete.
Hi all, Smaller Cypher pattern completion currently @ market Stops Above X Target 1 @ 1.4237 Target 2 @ 1.4213
Hi all, Potential Gartley Pattern Short Update from earlier. Price action has extended the B leg giving us a better entry @ 1.4303. In actual fact the earlier pattern was a bad trade setup due to the Stops not being above X. Stops @ 1.4333 Target 1 @ 1.4273 Target 2 @ 1.4254 Initial targets to be adjusted should the pattern complete.
Hi all, Potential Gartley Pattern Short on GBPUSD 15M @ 1.4290. Stops @ 1.4308 Initial Target 1 @ 1.4272 Initial Target 2 @ 1.4260 Initial targets will be adjusted should the pattern complete.
Hi all, Potential Gartley Pattern Long setting up on GBPUSD @ 1.4262. Be aware of the overlying trend on this one and make sure stops are in place. Stops @ 1.4239 Initial Target 1 @ 1.4285 Initial Target 2 @ 1.4299 Initial targets will be adjusted should the pattern complete.
Hi all, The GBPUSD 15M Cypher pattern from earlier has turned into a Gartley pattern that offers a better Short entry point @ 1.4457 Stops @ 1.4493 Initial Target 1 @ 1.4421 Initial Target 2 @ 1.4398 Targets will be adjusted should the pattern complete.