Oztrade

Oztrade

Hi All, Just thought to post up a potential Bullish Bat on the EURUSD - as we ca see we have formed the moves for XABC and price action has closed beyond the B leg. If we see price fall to our entry which is the 88.6% XA there are a few other things to keep in mind which may see a price reversal We have a low structure point when we look left - the lowest...

Oztrade

Hi All, another early prediction on USDJPY we see a potential BAT Forming. B Leg hit the 50% and looks to be a C leg completion. If price action goes beyond the A Leg before hitting our possible D completion pattern is invalid. As always entries targets and stops are on screen - targets and stops are moved depending on price action after entry. Stops to be...

Oztrade

Hi All, just though to post a potential 15M Bearish Cypher We have managed to get a C Completion hitting our 1.272 Fib Extension. Not yet passed the B Leg - if price action falls below and closes below the FIB Ext 1.414 this pattern is invalid. If price action goes past the X leg it also becomes invalid. As always Entries 78.6% Fib Ret of XC move Stops are...

Oztrade

Hi All, just thought to get this potential counter trade up. There is a possibility if we see price action fall and hit our targets for the Daily BAT to counter trade a Cypher Pattern Keep in mind the previous BAT is now invalid due to the X leg being compromised. How ever if you are in this trade performing a top down analysis shows that we havent closed above...

Oztrade

Hi All, Here we have a BAT pattern formed on the GBPAUD, if you used the X Leg from the lower structure appears we have hit 88.6% Entry already. I used the previous structure point as my X Leg based on my rules. Entries to be at 88.6% From XA Stops are above X leg at which ever you choose for your stop level whether it is based on pips or based on a FIB...

Oztrade

Hey traders, just thought to post up these 2 cypher patterns which have formed on GBPAUD for those who trade these patterns/pair and possibly missed these. As always if we break the C leg on the RED Cypher and close beyond a 1.414 Fib Ext from XA legs this pattern becomes invalid. If either patterns go past the X legs then also these become invalid. Depending on...

Oztrade

Hi All, Just thought to share this for those who trade advanced patterns, keep in mind if we break past X Legs the patterns become invalid. Remember to have your entries stops and targets in place. If we hit the entry and retrace back to the TP1 roll your stops down to a break even and let it ride out. With the larger pattern this also becomes invalid if...

Oztrade

Hi All, just thought to share this analysis. We have had some recent patterns form and complete with all targets hit. I have been watching this new advanced pattern form during the other patterns when we completed the C Leg of the BAT. If you look we have had numerous cypher patterns form complete and targets hit. We have also made a new structure high which...

Oztrade

Hi All, I wanted to share this potential opportunity here on GBPAUD - I am currently long on my second position on the orange Bullish Bat Pattern. Target one was hit pretty fast, Last night when I checked I only had a short time to enter the trade and not enough time to publish it because we were already near the D entry. Sorry for the clutter I hate too much...

Oztrade

Hi Traders, I have noticed a potential S/R trade for the previous Bullish Bat Pattern. I have marked on screen our 61.8% Target 2 Level for the previous Bat - close to the 88.6% for this Bearish Bat Pattern. This BAT is not the highest Structure point but we see often the levels of the Highest and Lowest and Patterns forming between these levels. As always on...

Oztrade

Hi Traders, I wanted to share this early prediction - as we can see the price has not yet past the B Leg - I wanted to give you time to keep this on your radar. As always on screen trade levels color coded. Entry: 88.6% BAT D completion. Stops: Minimum Level Below X at 1.113% Fib Ext Initial Target 1: 38.2% Retrace from the A to D completion -...

Oztrade

Hi Traders, I thought I would share this potential long opportunity here on EURJPY, as always I have marked it all on chart color coded. For those who trade advanced patterns on the Daily - remember if this does not meet your rules then dont trade it, remember its not a signal service only sharing my analysis. This trade is a fair way off as we can see its almost...

Oztrade

Hi Traders, after yesterdays news release we seen a jump in USD - I wanted to share this potential shorting opportunity here on USDJPY with you before the start of next week. I have previously posted this chart, I just wanted to refresh everyone again on this opportunity as time has past I have been able to add more to my analysis. I have marked an entry zone...

Oztrade

Hi All, I wanted to share this potential shorting opportunity for those who trade advanced patterns. With both of these patterns if we see the price push beyond the B legs we would anticipate a D completion, if you look at both of these patterns D completion - which is our entry point is right at the Previous Structure levels, This should provide a good...

Oztrade

Hi All, I wanted to share this potential long opportunity for those who trade advanced patterns, I was going to post in 2 separate charts because I hate nothing worse than clutter on the screen, anyway as always traders. I JUST CHECKED MY TRADING PLATFORM AND THIS IS A PERFECT GARTLEY AT THE HIGHER PATTERN - ENTRY @ 2.12388 - INITIAL TARGETS 2.12302 TP1 - 2.15485...

Oztrade

Hi Traders, all the best for this week in trading. I wanted to share this potential advanced pattern to keep an eye on throughout this week, for those who trade advanced patterns this could provide a great long opportunity. We see price breaking structure where we had the high being our A move then the outside return being the B move and not passing below the...

Oztrade

Hi All, I wanted to share this early to give you enough time to perform your own analysis, with the previous Bearish Bat that I took and have second stop moved down after we reached Target 1 - here I am looking at a potential Stop Reverse trade if we can make it this far. Keeping in mind C leg must not pass the A leg for this pattern to be invalid. You can also...

Oztrade

Hi Traders, just wanted to get this in quick we have a potential bearish bat pattern. I wont write a big description on this. As always Stops Entry and initial targets on Screen. If price falls below A leg - Pattern is invalid Good Luck and Happy Trading