There are some amazing setups forming on the charts, here we have XAU/USD on the 4h chart with a bearish gartley. The measurements for a valid gartley pattern are detailed below. B: 0.618 C: 0.382 - 0.886 D: 1.272 - 1.618 Final X to D: 0.786 This is a potential outcome for this pair, I would analyse the higher timeframes for direction before entering the...
I'm back with another market insight on cryptocurrencies, today I'm on the daily chart with BTS/BTC. This idea is extremely similar to my post yesterday with Ripple (chart is shown below). Again, just like XRP this cryptocurrency is one that has definitely become more and more appealing over the past couple of months, especially now because of the potential...
Hello traders, here we have a bullish shark pattern and bearish 5-0 pattern on the 4h timeframe with XAG/USD. Price is currently completing the C point of the bearish 5-0 at the minimum 1.618 level which aligns with a valid bullish shark, although it could drop further before making a move towards the PRZ. The measurements for a valid 5-0 pattern are detailed...
Hello traders, following up from my price structure post for BTC/USD (chart is shown below), I have now spotted a bearish three drives pattern indicating a move to 1600 before the drop. It will be interesting to see how this trade develops over the next several months, it may amount to nothing or one hell of an opportunity... We'll soon find out! Connect with...
Hello traders, it appears USD/CAD is now forming a bearish deep crab pattern on the 4h chart. This is an excellent opportunity with a potential 300+ pip return! The measurements for a valid deep crab are detailed below. B: 0.886 C: 0.382 - 0.886 D: 2.24 - 3.618 X to D: 1.618 I'll be expecting price to stall out once it reaches the D point, this forms on a...
Here we have another 5-0 pattern but this time on the 4h timeframe with GBP/CAD. The measurements for a valid 5-0 pattern are detailed below. B: 1.13 - 1.618 C: 1.618 - 2.24 D: 0.50 Price is currently completing the C point at the minimum 1.618, it may complete at 2.24 which would alter the PRZ. I'll be looking to go long from 1.68600. I hope you all have...
Hello traders, it appears NZD/CAD is now forming a bearish cypher pattern on the 1h chart. This is an excellent opportunity with a potential 200+ pip return! The measurements for a valid cypher are detailed below. B: 0.382 - 0.618 C: 1.272 - 1.414 X to D: 0.786 I'll be expecting price to stall out once it reaches the D point, keep this setup on your watch...
Upon finding this cup and handle pattern it reminded me of my previous idea for ETC/USD (chart is shown below). The pattern above was absolutely perfect, we saw a move from $2.50 to $5 within a matter of weeks. Now, I'm expecting the same for XRP/USDT a move from $0.05 to $0.075 before stalling out and forming a descending channel (the handle). Once we see...
Hello traders, here we have USD/CHF on the daily chart with a potential bullish bat pattern. I'd like to thank Six Figure Capital student www.tradingview.com for spotting this setup. All-round excellent opportunity with a 1:2 risk to reward. The measurements for a valid bat pattern are detailed below. B: 0.382 - 0.50 C: 0.382 - 0.886 D: 1.618 - 2.618 Final...
Here we have another 5-0 pattern but this time on the 1h timeframe with CAD/CHF. The measurements for a valid 5-0 pattern are detailed below. B: 1.13 - 1.618 C: 1.618 - 2.24 D: 0.50 Price is currently completing the C point at the maximum 2.24, exceeding this level would invalidate the pattern. I'll be looking to go short from 0.74250. I hope you all have...
I'm back with another 5-0 pattern but this time on the 4h timeframe with AUD/USD. The measurements for a valid 5-0 pattern are detailed below. B: 1.13 - 1.618 C: 1.618 - 2.24 D: 0.50 Excellent trading opportunity with over 1:3 risk to reward. I've got more analysis on the way, stay tuned!
Hello traders, here we have EUR/NZD with a bearish shark pattern on the 4h chart. This is an excellent shorting opportunity with over 1:4 risk to reward! The measurements for a valid shark are detailed below. C: 1.13 - 1.618 D: 1.618 - 2.24 Final X to D: 0.886 - 1.13 This pattern could potentially turn into a 5-0 in the near future, after a successful...
What's up everyone, here we have EUR/AUD with a bearish bat pattern on the 4h chart. Excellent opportunity with almost a 1:4 risk to reward. This is a re-post but I would like to highlight the importance of the resistance zones shown in grey. The measurements for a valid bat pattern are detailed below. B: 0.382 - 0.50 C: 0.382 - 0.886 D: 1.618 - 2.618...
Following up from my successful prediction for EUR/AUD -0.01% (chart is shown below), price has now formed a valid bearish bat pattern on the 4h chart. The move last week resulted in a profit of almost 300 pips! Now onto the chart in hand, this bearish bat has a potential profit of almost 600 pips... This is not a move I want to miss. The measurements for...
I'm back with another 5-0 pattern but this time on the 4h timeframe with GBP/USD. The measurements for a valid 5-0 pattern are detailed below. B: 1.13 - 1.618 C: 1.618 - 2.24 D: 0.50 Price is currently forming the C leg which will complete in between 1.618 and 2.24, it will more than likely complete at the 1.618 level as a bearish deep crab forms in the same...
Wow this is huge! Today we have EUR/USD on the daily chart with a bearish 5-0 pattern, I'm absolutely loving the look of this setup already! The measurements for a valid 5-0 pattern are detailed below. B: 1.13 - 1.618 C: 1.618 - 2.24 D: 0.50 This pattern links in with my previous idea for EUR/USD with a bearish three drives pattern (chart is shown...
What's up everyone, here we have NZD/USD with a bullish AB=CD pattern on the 1h chart. The measurements for a valid AB=CD pattern are detailed below. C: 0.618 - 0.786 D: 1.272 - 1.618 Excellent trading opportunity with over 1:3 risk to reward. The D point forms at a key support level in the market which indicates a reversal at this level rather than a D...
Hello traders, it appears GBP/USD is now forming a bearish deep crab pattern on the 4h chart. This is an excellent opportunity with a potential 500+ pip return! The measurements for a valid deep crab are detailed below. B: 0.886 C: 0.382 - 0.886 D: 2.24 - 3.618 (D point falls short of the minimum requirement, but I'll see how this setup plays out) X to D:...