Here we have a bull cypher pattern presenting itself.. Those interested, enter long at buy zone at your own discretion and using your own methods of confirmation.. Others may prefer to enter agressively at limit, just make sure you manage your risk accordingly.
I chose 2 targets of my preference, moving SL to BE after locking profits at 1st target might be a good...
Gold is now dropping to a significant structure.. A structure level that has been maintained since 2010. We have a bullish advanced pattern (Gartley) completing at an important structure level.
Agressive traders might look to set a limit order, more conservative traders will have the choice to use the "Buy Area" and look for bullish PA or a smaller bullish...
We have a daily short setup coming up for Gold ( XAUUSD ) consisting in 2 bearish advanced patterns known as Gartley and Cypher. Short area is illustraded on chart. Stoplosses should always be placed above "X".
Use your own stoploss and money management rules for this. Good luck.
GBPUSD triggered a short signal today based on our proprietary pattern which delivers us a target at 1.6700 (nice even number).
To enhance our odds, we can find multiple support factors for our setup like a bearish head and shoulders pattern and a major uptrend trendline break that is now being re-tested. This re-test to the broken trendline should offer us...
USDCAD is showing signs of a possible reversal. Our proprietary gives us a 1st target at 1.0984, setup will be updated with a 2nd target once the trade starts developing. Stoploss has been placed taking in account a previous structure low from 09/04 to enhance our odds.
Good business opportunity with a 2:1 RR at the 1st target.
EURUSD has recently made a retest to a previous high structure coming from march while at the same time completing a specific bearish pattern called Wolfe Waves. It also triggered a short signal from a proprietary pattern we use.
From our view and a pattern specific target placement we are expecting a drop to 1.3800-1.3794 has a 1st target. Setup will be updated...
Possible good short setup in the 240min chart. We have a possible double top formation in a still overall declining market. RR above 2:1, tight stop as been applied in case the double top fails. We also have a supply zone in place which can give more confirmation for the setup accomplishment.
Best regards, trade wisely