Chance to get into a completed Bat pattern on discount Stop above X/ structure resistance Target at AD .382 retracement
Potential Bullish Bat Wait for D point completion Stop at X-10 Target at AD .382 retracement
Chance to get in cheap on the completed bullish gartley after the test of the X-point and structural support Target AD .382 retracement Stop below X
I have opened a short position in the Potential Reversal Zone (PRZ) at around 1.3080. Good risk/reward with stops above the PRZ and targets at 1.2950 Target has Fibonacci confluence with a 786 retracement & a 1.27 extension. Price Action reason for entry was the strong bearish candle close below the structure level. Entry was made and is more evident on the 1...
Previous aggressive long position was stopped out, not too surprised. However, with every move the market makes, we are presented with new opportunities. Channel has been broken to the downside signaling potential bearish trend beginnings Will wait for a retest of the potential reversal zone illustrated above in the rectancle and look at price action for an...
Aggressive entry with good risk/reward Bullish channel long position
Will the downtrend continue with a back to back bearish flag? Flag has formed, wait for breakout confirmation to enter the short. The trend is your friend
Gartley completed at point D Chance to get in cheap on the X structure level support Target at AD .382 retracement
D point entry triggered. In short on this Stop above X & psychological resistance level Target at AD .382 retracement
Wait for D point completion at AB 1.27 extension Stop above X + above trend line resistance Target at AD .382 retracement
Bearish Gartley Completed
Completed bullish Gartley Targets at AD .382 Stops below X
Flag formed in bull trend Wait for confirmation
Bearish flag broken Valid reason for entry
Potential Bearish Bat Pattern at channel resistance Wait for D point completion
Look for D point completion Stop X-10 Target AD .382 retracement