PalmTreeTrading

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About me -PamltreeTrading and PalmtreeForex- Two longtime friends and passionated traders. Been trading for over 4 years now and hope to inspire you along the way!
Last visit Joined a year ago Netherlands PalmTreeTrading
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Markets Allocation
100 % forex
Top Mentioned Symbols
EURUSD 16% | 4 GBPJPY 12% | 3 EURCAD 12% | 3 EURJPY 12% | 3
PalmTreeTrading PalmTreeTrading PRO USDCAD, 60, Short , a year ago
USDCAD: USDCAD Cypher  pattern at structure. 60 min
145 0 6
USDCAD, 60 Short
USDCAD Cypher pattern at structure. 60 min

Cypher pattern completion @ 1.3175 Completion is right around the longer term bearish trendline.

PalmTreeTrading PalmTreeTrading PRO GBPJPY, 60, Short , a year ago
GBPJPY: Great RR Bat pattern GBPJPY 60 min
97 0 3
GBPJPY, 60 Short
Great RR Bat pattern GBPJPY 60 min

Just a quick post of this Bat pattern forming on the GBPJPY 60 min timeframe. Looking for a short entry @ 159.83

PalmTreeTrading PalmTreeTrading PRO EURUSD, 60, Short , a year ago
EURUSD: Bearish move on the EURUSD 60 min
239 0 5
EURUSD, 60 Short
Bearish move on the EURUSD 60 min

Another quick post, Possibly a bearish Cypher pattern on the EURUSD, 60 min timeframe. D completion @ 1.1084, also a previous structure level. Be sure to like and follow !

PalmTreeTrading PalmTreeTrading PRO EURCAD, 60, a year ago
EURCAD: Double Harmonics on the EURCAD 60 min
65 0 4
EURCAD, 60
Double Harmonics on the EURCAD 60 min

Just a quick post on the EUR/CAD 60 min. 2 patterns are forming, a smaller bullish Gartley pattern (blue), on which the entryzone is drawn at the 1.272 extension from A - B - A . This would give a much better RR and would retest previous structure @ 1.5086 The Bigger pattern is the bearish Bat pattern, D completion at the 88.6% retracement from X - A Please ...

PalmTreeTrading PalmTreeTrading PRO GBPJPY, 60, Short , a year ago
GBPJPY: A possible move to the downside GBPJPY 60 min
70 0 2
GBPJPY, 60 Short
A possible move to the downside GBPJPY 60 min

Looking for the price to move up a little more into he 88,6% retracement to complete this Bat pattern @ 165.58 Stops should be placed above X, and again using 2 profit targets. TP1 @ 164.07 TP2 @ 163.13 Let me know what you guys think and feel free to comment. Dont forget to like and share !

PalmTreeTrading PalmTreeTrading PRO EURCAD, 240, Long , a year ago
EURCAD: Bullish Cypher pattern EUR/CAD 4HR
126 0 1
EURCAD, 240 Long
Bullish Cypher pattern EUR/CAD 4HR

Nice looking Cyp[her pattern on the EUR/CAD 4 HR timeframe D completion @ 1.5328

PalmTreeTrading PalmTreeTrading PRO GBPUSD, 60, a year ago
GBPUSD: GBP/USD  Always a Plan ! Double patterns 60 min
193 0 6
GBPUSD, 60
GBP/USD Always a Plan ! Double patterns 60 min

From now on it's a waiting game, both patterns are trying to complete the D leg, Let's see who wins. Beautiful how a chart can give you multiple reasons and ways to enter the market. The blue pattern is the Gartley pattern and the puprle the Bat pattern. Bat pattern completion @ 1.4211 Gartley pattern completion @ 1.4631 Dont forget to like, follow and share ...

PalmTreeTrading PalmTreeTrading PRO EURNZD, 60, Long , a year ago
EURNZD: EUR/NZD Bullish Bat Pattern. 60 Min
86 3 4
EURNZD, 60 Long
EUR/NZD Bullish Bat Pattern. 60 Min

Bullish Bat pattern completing on the EUR/NZD 60 min. Bat pattern completes @ 1.6838, the 88,6% retracement from X-A Stops placed below X. Profit target 1 @ 1.6950 Profit target 2 @ 1.7020 Be sure to like this idea please, and dont forget to follow ! Good Luck !

PalmTreeTrading PalmTreeTrading PRO USDCAD, 60, Long , a year ago
USDCAD: Bullish Cypher pattern USD/CAD 60 Min
215 0 4
USDCAD, 60 Long
Bullish Cypher pattern USD/CAD 60 Min

Bullish Cypher pattern USD/CAD 60 Min Waiting for the price to drop down into the 78.6% retracement from X-C leg.( 1.3766 ) to complete this Cypher. Stoploss placed well below X, Take profit target 1 @ 38.2% retracement and Take profit 2 @ 61.8% retracement from C-D. Let me know if this was helpful, and please like and follow !

PalmTreeTrading PalmTreeTrading PRO EURUSD, D, Short , a year ago
EURUSD: Bat Pattern nearly completed EUR-USD 1 D
392 0 12
EURUSD, D Short
Bat Pattern nearly completed EUR-USD 1 D

Very nice looking Bat pattern on the EUR-USD Chart 1D. This nice Bat pattern popped up immediatly, its neaarly completed. Wait for the price to run up into the 88.6% retracement from the X-A Leg. At this point the Bat will complete. Stoploss should be placed around 20 pips above X. Profit targets will be at the 38.2% and 61.8% retracement from C-D leg. Happy ...

PalmTreeTrading PalmTreeTrading PRO USDCHF, 240, Long , a year ago
USDCHF: In Trend Bull Cypher pattern USD/CHF 4HR
137 0 7
USDCHF, 240 Long
In Trend Bull Cypher pattern USD/CHF 4HR

Personally i am only interested in this trade if the price drops down even further than the Cypher completion point. RSI is getting oversold, and we are running in to latest structure. If price hits my entry point at 0.9826, i will be looking to go long and put my stoploss 20 pips below X. Profit targets can be found in the chart. Please feel free to comment and ...

PalmTreeTrading PalmTreeTrading PRO EURUSD, 240, a year ago
EURUSD: Double  Advanced patterns in EUR/USD 4HR, 1HR
147 0 7
EURUSD, 240
Double Advanced patterns in EUR/USD 4HR, 1HR

First of all lets start with the big Bat pattern located in the 4HR timeframe. Bullish Bat Pattern Waiting for price to drop down to the 1.272 extension, which will give us a allready completed BAT pattern and makes sure we have a great RR. Stops placed about 20 pips beneath X, but should be adjusted to YOUR moneymanagement strategy. Targets are located at the ...

PalmTreeTrading PalmTreeTrading PRO EURNZD, 60, Short , a year ago
EURNZD: Bearish Bat Pattern setup 60 min. EUR/NZD. Great Risk/Reward !
65 1 7
EURNZD, 60 Short
Bearish Bat Pattern setup 60 min. EUR/NZD. Great Risk/Reward !

This potential Bearish Bat pattern on the EUR/NZD 60 min, has a great risk reward, as can be seen in the chart. Look for price to climb up and touch the 88,6% retracement from the X to A leg to complete this Bat pattern. ( 1.7185 ) Stoploss should be placed above X, in this case its about 20 pips above X. (1.7290 ) Take profit 1 at 38,2% retracement from the A ...

PalmTreeTrading PalmTreeTrading PRO EURAUD, 30, Short , a year ago
EURAUD: Big Bat Pattern  EUR/AUD 30 min timeframe
114 0 6
EURAUD, 30 Short
Big Bat Pattern EUR/AUD 30 min timeframe

From this point on this Bat pattern is still a long shot but if it completes it has a great Risk/Reward. Waiting for the price to touch the 88,6% retracement from the X to A leg ( 1.5974 ) When Bat pattern completes put a stoploss at least 20 pips above X, profit targets can be found in the chart. Profit target 1 at 38,2% retracement from A to D leg. Profit ...

PalmTreeTrading PalmTreeTrading PRO GBPUSD, 30, Short , a year ago
GBPUSD: Cypher pattern setup on GBP/USD 30 min timeframe
148 0 5
GBPUSD, 30 Short
Cypher pattern setup on GBP/USD 30 min timeframe

Looking for price to run up a little further into the 78,6% retracement from the X to C leg. ( 1.4321 ) to complete this bearish Cypher pattern. Place stop above X and profit targets at the 38.2% and 61.8% retracement from the C to D leg. Watch out for the news thats is coming out, better to wait what happens. Always looking for feedback on my analysis, so be ...

PalmTreeTrading PalmTreeTrading PRO EURCAD, 30, Short , a year ago
EURCAD: Another bearish Cypher pattern setup 30 min timeframe on EUR/CAD
41 0 3
EURCAD, 30 Short
Another bearish Cypher pattern setup 30 min timeframe on EUR/CAD

Yet another bearish Cypher setup on the EUR/CAD 30 min timeframe. Looking for price action to hit 1.5738 to complete the D leg @ 78.6% retracement from the X to C leg. This area makes the entry zon area, stoploss should be well above X. for Profit targets look at the 38,2% retracement from C to D leg for profit target 1 Profit target 2 shouldd be set at the ...

PalmTreeTrading PalmTreeTrading PRO EURUSD, 30, Short , a year ago
EURUSD: Bearish Cypher on the EUR/USD 30 min timeframe.
176 0 4
EURUSD, 30 Short
Bearish Cypher on the EUR/USD 30 min timeframe.

looking for this potential bearish Cypher on the EUR/USD 30 min timeframe to complete. Cypher completion will be at the 78.6% retracement from the X to C leg. this will be the short entry zone. price looking to sell around 1.0875. Stoploss should be placed at least 20 pips above X , Probably around 1.0925. Exit depends on your own strategy, i choose to take 2 ...

PalmTreeTrading PalmTreeTrading PRO GBPJPY, 30, Short , a year ago
GBPJPY: Bearish Bat pattern 30 min GBP/JPY Nearly completed
91 0 3
GBPJPY, 30 Short
Bearish Bat pattern 30 min GBP/JPY Nearly completed

This bearish bat pattern is nearly completed, and looking for price to touch 88,60 procent fib retracement from the X to A to complete. Stops need to be placed well above X. About 20 pips or SO.

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