Hi All, for the long term traders here we see a potential Bullish Bat Pattern setting up - showing good signs if we get to these zones we will see some bounce of each level currently in O/S territory as you know in Day chart this O/S could last for a while. That being said it could stay O/S for 1 month which would bring us to our entry. When we get to these...
Hi All, after we had the BAT to Cypher Stop and Reverse there is a third pattern in this chain forming here. We will see if this completes to our D Leg - as long as we see D before NFP news - would not want to be in red prior to news - Happy Trading
Hi All - see here a 5 time potential stop and reverse - this would have been great to hit all of these on stop and reverse. For a potential reward of P/L 392 - this is a perfect world for a trader obviously we hope that our lower end targets at least get hit let alone something like this - the 5th pattern appearing but not yet complete is a small Gartley. Very...
I know this is a bit late - when trading a stop and reverse and the trade executes perfectly. Its always good to share these trades. And sometimes we cant post quick enough when in a trade. We see news events and markets volatility increasing before you know it your Entries Targets and Stops are hit. And we move on This was a perfect execution for a trader I know...
Hi All, here we have a potential bullish Bat Pattern - depending on which impulse leg you look at you can choose either for your X leg and it will still be a valid BAT - also keep in mind this is currently very bearish on the daily chart and we may be looking to head further down to retest the lows here. If we bounce back I still believe we will see this pair...
Hi All, another pattern setup here on EURUSD - Good looking opportunity for a shorting position here - if we see an AB=CD completion putting this right in the area for our pattern D completion - and if you also look we have the even handle 1.61000 - we have seen a break and close above the C leg on the BAT and Break above but not yet closed above the C for the...
Hi All, here we have multpile patterns setting up all with kill zone in similar area. This provides a god opportunity depending on which pattern you trade hopefully we can pass our B and see a D completion. Also if you are looking for a long opportunity there is also a Bullish Cypher - Bearish - Cypher RED - Bearish Gartley Purple - Bearish Bat Green - Happy Trading
Hi All, another pattern here we just missed the 618 making this a valid Bat Pattern - maybe being at such a high level not knowing your trading style Im guessing many traders would be looking more for the shorting opportunities hoping to ride this down. Similar to AUDUSD many people would be thinking when will we see the change in trend. Patterns are Patterns...
Hi All, just wanted to share a potential BAT PATTERN setting up here - we held at that level looking back on the day chart and HTF - looks to be a head and shoulders looking left in previous structure. It will be interesting when we get to this level - good luck and happy trading.
Hi All another potential pattern on the radar. If we see a move similar to the orange lines not necessarily exactly along them but at least a 38.2% Retrace minimal from the Cypher C Leg then we could have a BAT Pattern rather than Cypher entry - this would be more favorable to minimize risk and increase potential reward - the only structure level we have after B...
Hi All, I wanted to share this potential Gartley and Bat Pattern - Gartley D Completion very close to the even handle number. I will be watching these close if or when we pass the B Leg and hopefully we can see a D completion.
Hi All, I wanted to share this Bearish Bat Pattern with you. I have noticed depending on which time frame you look at that we have just completed AB=CD move for a Bat Pattern D Completion. This is the smaller Move, Depending on how you analyze this chart we appear to have used an X leg many people probably would not use. X2 is for the smaller Bat. When we look...
Hi All, just wanted to share another pattern - Bearish Gartley Almost at D Completion.
Hi All, looks to be a Bullish Bat - AUDNZD - Fibonacci Confluence with EXT - RETRACE - INVERSION - providing us with a potential kill zone area.
Hi All, here we see price action has almost hot the 88.6% Fib for the Bat Entry - some may say it has already completed. Maybe there were few resting orders above 88.6% to get filled with thousands of orders at this level it would cause a small increase. We may also see another large bounce at the 88.6% Green Line where there should be a lot of orders being at...
Hi All, here is another Almost Completed Gartley depending on your entry you may be filled already - nearing the D completion - however this does not meet the criteria for Gartley Check the C Leg does not fulfill the 618. Not sure on your required retrace acceptance level. Also if price drops we can look for a potential Cypher which we see many times in early...
Hi All, we wanted to share our thoughts on EURUSD - we see here the perfect opportunity for a long position we have passed the initial move 618 retrace and looking for further entries when we get closer to his belly or possibly his lower section near his mystery legs. We are wondering whether the serpents move will be to blow flames higher putting price near the...
Hi All, I wanted to share another pattern here after we already had a Bat Completion if you rolled your entry up you would have been filled. We are looking for 2 moves here either a retest of the Big Spike from Monday Madness which would provide us with a AB=CD move completing close to that level we could see a spike break below but not necessarily a close below -...