An AB=CD pattern forming CD leg coming off a D finish on a Cypher pattern on the 4h GBPUSD. Trend continuation trade having taken profit on the AB leg continuing the downward momentum. Confluence @.786 retracement and RSI on overbought favoring a short entry.
Butterfly pattern finishing on 1H AUDJPY with .886 retracement confluence. Previous patterns have played out nicely on this pair. SL placed at previous structure high gives good R-R ratio. TP targets @ .382 A-D and .618 A-D. RSI on overbought favoring a short entry with previous divergence.
A Gartley pattern is finishing on th 1H chart of AUDUSD. First targets @ .382 retrecement of CD leg, secondary target @ .618. SL just above X. Previous patterns have completed in this pair as indicated by the shapes in green.
A nice potential Butterfly pattern forming on the 15M chart of AUDUSD, I´m on a short position on structure retest along the finish of the CD leg. The first potential PRZ @ the 1.27 extension of the XA leg and the second limit @ the 1.618 extension at previous structure lower low. Targets will be based on the RZ.
An odd looking Bat finishing on the 4h of GBPJPY, price action strong on the 886 level, RSI on oversold favoring a short entry. Previous Bat patterns on this pair have paid off nicely. First target @ .382 of CD leg, secondary @ .618. Stops above X which is previous structure higher high.
A Cypher pattern on GBPUSD completing the CD leg with RSI favoring a short position on oversold. First target @ .382 retracement of CD leg. The .786 retracement of the XA leg converging with previous structure.
An Alternate BAT just finishing on Daiy AUDNZD, SL set below X on the BB levels, first target to .382 retracement of CD leg, secondary target to .618 retracement. RSI nearing oversold levels favoring a long entry.
A Cypher forming on 1 Hour chart EURGBP, CD leg bouncing off previous structure with RSI favoring a long position. 3 targets to previous structure levels until the completion of the CD leg. The stop loss is placed at the 1.414 extension of the AB leg since, if broken, that would invalidate the pattern.