In my trading plan there is 2 possibilities for shorts on UJ. We can short at structure, market with the blue box. Or a greater short possibility would be at the D completion of the bat pattern. We had a rush down, and we should maintain the downtrend.
USDCHF Has made a dobbletop, with bearish rsi-divergnce. This trade gives us a very good rr, which I always like to trade.
eurjpy has just formed a bat pattern. With a dobblebottom and bullish RSI-divergence at D point. I am entering a long
We hit targets from my last idea linked below. Now it's time to short at the D completion of the bat pattern, which is drawn on the 15min chart. Trade with care
GBPUSD has formed a bat pattern on the 15min timeframe. I see the bat pattern traded many different ways. Some like that priceaction at the C leg can't close above the .886 retracement of A-B move. Some think that as long B-C is under A, then the pattern is valid. Some only trade batpatterns in stocks, some only in forex. There is no 100% right way to trade it....
GBPJPY comes with lots of patterns. 2 gartley patterns could form, while a triangle pattern is also forming. If we can break out of the triangle, then I will be long to the completion of the BLUE gartley pattern. Here I will take my profit. Then if priceaction comes back at structure, I'll go long until price hits D completion of the RED gartley pattern. Shall we...
GBPAUD is forming a bat pattern, and the completion of the pattern will be at the daily support trendline. It gives us a good RR.
EURJPY is forming a bat pattern.
EURUSD is very close to complete a S-H-S pattern. If it does, we can go long, until we hit our D completion of the Gartley pattern. From here we can go short. Happy trading :)
XAUUSD is forming a gartley pattern. The pattern completion alligns with .786 retracement from X-A. Targets and stops on chart. Happy trading
AUDUSD has made lots of tops. With now an bearish RSI divergence. Price is also near the daily .886 retracement. Last time price was at a daily .886 retracement, it fell alot. Stops will be above daily .886 retracement. First targets are intraday, however I will most likely hold the trade as a longer term trade. Trade with care
EURJPY is once again near monthly support - 120.000. This support alligns close with the .618 retracement. I will go long.
EURGBP is forming a butterfly pattern. Keep in mind that butterfly patterns often is countertrend trading, therefore use a stoploss.
AUDCAD has made a dobbletop, with bearish RSI divergence. Stop Loss placement: 1.01370 Take profit placement: 0.98600 Going short on the opening today. Trade with care.
If we can get priceaction to decline going lower than 122.050 we may see a retrace. It seems like a bullish divergence on the RSI is in the making. I'm stalking this pair for a short term long. Trade with care :)
AUDUSD is forming af Cypher Pattern, and will hit trendline at that point. Targets and stops are on the graph. Good trading to everyone.
Rsi divergence at dobble bottom. Stops and targets on the chart. Happy trading!
GBPAUD is in a downtrend, and is forming a bearish gartley pattern. The D completion is just around the round numer - 1.70000. 1.272 fib ex. alligns with the round number, which is also good, if you're looking for a short. Stops above X. Targets are: 1st. .618 retracement of C-D 2st. If we are to reach 1st target, I will move stops to breakeven, and take off half...