Completion at 1.0727 - 1.0709 SL below X point: TP1: 1.0754 TP2: 1.0771 RR: 1:1 for TP 1
As you can market right now did already went up after the gartley pattern completion. With our bias that there was a potential upper TL. So if there would be a BO of the upper TL we could go long and target atleast the D completion of the potential bearish cypher pattern that will complete at 1.4100. And by that price between 1.4100 to 1.4130 we could have a short...
Looking on the harmonics/advance patterns. it seems that the market did respect the bearish butterfly pattern and sooner or later it could reach our TP 1 around 98.64. There could be a bit of pressure from the bears to go down to complete our potential bullish pattern (that will complete at the 97.50) and could be another opportunity to buy the USD at that price...
There is a visible bearish shark/cypher on the 15 mins TF that we could go for short. But we also have a potential bullish Cypher that is soon to complete. PRZ (entry): 0.74828 - 0.74488 TP1: 0.75310 TP2: 0.75607 Stops would be below our X point at 0.74488
There could be a pump or a break right here. But personally. I would like to see a break of the trendline and support to enter short and target on a potential bullish cypher pattern that will complete on 0.7176 confluence with a bullish deep crab that will complete on 0.7166 price handle. As of now a small cypher pattern is already completed respecting the...
We could have a Bullish NFP today. Giving market boost to the upside hence the completion of the Bear Bat pattern to enter short for a trend ff setup (expecting for a new formation of a new lower low). So speaking, it could give a spike up then a down movement on this bullish NFP. Anyhow, caveat. Pump and dump. Have a great weekend. :) We got a 3 consecutive...
As you can see the bull gartley is now completed. Could go long right there and put your SL to BE as much as possible for a risk free trade. As of there could be a potential completion of the bull bat pattern. Take note of the red dotted line. Price breaking the red dotted line will invalidate all bear setups (hence no retracement up to the completion of the bear...
We could wait for another long opportunity on these market. As per saying what comes up must come down, vice-versa. ;) See related ideas about our previous setup on this pair.
Bat Pattern completion: 112.293. SL must be below the X point (support) TP1: 112.921 TP2: 113.314
We could go short here as we have a potential bearish shark pattern completion and price is near the resistance. So automatically price break the previous high (which is the A point of both Deep crab and bat pattern), it will invalidate all bullish setup. At the same time i would like to go for LONG.
Take note that we have already completed the first cypher here on 15 mins. We could go short on the 1st cypher then stops must be above x point. Automatically if we we're stopped out we could wait for another short opportunity on the 2nd bearish Cypher. 1st Cypher Completion: 0.9508 2ns Cypher Completion: 0.9546
We got 2 potential bullish Pattern. As you can see price did break a potential lower TL. Take note of the RSI as market is soon to the Oversold zone and could give us a bullish divergence. Take note that the market will rise or so. We just want to apply or trade plan and trade that plan. Please check the related ideas about here on the NZDUSD.
We got a long opportunity right here on this market. Potential reversal at 1.4080 to 1.4027. Stop loss would be place below X point as for the Butterfly pattern that will complete on the D completion of the Cypher its SL must be place below the 161.80% XA extension. TP1: 1.41555 TP2: 1.42012
Target would be on a pattern completion which is the bullish cypher pattern and chance to go LONG. We will see.
Bullish Bat Pattern completion at 1.6442. SL must be below X point. TP1: 1.6568 TP2: 1.6643 Take note that a potential lower TL can be respected. So will it make or break it? If break we could go wait and wait for a potential sell setup soon.
Look for the related ideas about our setup right here on the KIWI. My Bias is to short this market. The question is when? and how? These are my key zones for a less risk short opportunity for a great reward. This would be a counter-trend. Again check the related Ideas, since price is inside our zone for reversal. And our bearish Cypher pattern is still valid.
Bear Deep gartley completion/reversal: 113.704 - 113.964 TP1: 113.059 TP2: 112.668 Bear Shark completion/reversal: 114.614 - 115.321 TP1: 113.619 TP2: 113.012
Bracketing Gold with advance patterns for potential trade setup for long/short and for target.