Hello traders, just want to share this potential bearish bat pattern formation on NZDCAD H4 chart..D completion will be at 0.9499..Stops will be above X and targets will be 328 and 618 retracements of A-D..Good luck and good trading :)
Hello traders, we're looking at 2618 trade here at XAUUSD H4 chart..After this pair double top and failed to make a new structure high, the price has 'broke below and closed below' the previous low..This indicate us that the price have intention to go lower as RSI shows bearish divergence..To trade the 2618 we can sell at least at 0.618 retracement as shown...
We're looking at bullish cypher pattern that have completed at 0.9803 here on USDCHF H1 chart..But because of the selling momentum and risk/reward ratio, I decided to lower my risk by not aggressively buying at D completion but wait until the price touch the 1.414 inversion of B-C leg where there are previous structure looking left..I'll have my buy limit order at...
We're looking at potential bullish cypher pattern here on GBPAUD 15M chart..D completion at 1.7431 and it looks like 1.27 inversion of B-C was there too..I've set my buy limit order and we'll see what happen..Good luck and good trade :)
Hello traders, we're looking at bearish bat pattern formation on AUDCAD daily chart that already completed at 0.9945..However, recently it double topped at that completion area and giving us a chance to short as RSI shows bearish divergence..I'll set my sell limit at 0.9938..IF the price going up at little bit to trigger my order, THEN I'll be shorting..Good luck...
Hello traders, recently EURAUD have broke below and closed below the channel as shown above..Now, we're expecting the trend continuation to the down side..IF the price can move back up to previous support that have been broken(purple line), THEN I look forward to sell this pair..Stops and targets as shown on the chart..Good luck :)
Hello traders, we're looking at potential potential 2618 trade here on EURUSD H1 chart..After double bottomed, the price have broken above and closed above the previous structure resistance(purple line)..Gives us an opportunity to hop on this short term bullish trend..IF the price drop down back to 0.618 retracements, THEN im going to buy this pair..
We're looking at bullish cypher pattern formation completed at 0.7054 here on H4 chart..Now we have a better price and better reasons for entry.. NZDUSD double bottomed at previous structure and the RSI shows bullish divergence..isnt that great? Good luck :)
Hello traders, found this great opportunity earlier on USDCHF daily chart..
1) Great risk/reward
2) RSI shows bearish divergence as this pair double topped
3) Bearish sign in candle's wicks for the past 4 days
Good luck :)
Hello traders, another potential advanced pattern setting up on USDCAD H1 chart..This time it will be potential bullish bat pattern with D completion at 1.2905..As usual, I'll wait for better risk/reward before entering buy on this pair..Stops must be below X point..Whats on the chart was initial targets and i'll update from time to time..Good luck :)
Hello traders, we're looking at potential bearish bat pattern formation here at AUDJPY H4 chart..D completion at 80.54 but I'll wait for better risk/reward before shorting this pair..Stops must be above X point..Whats on the chart was initial targets and I will update the targets from time to time..Good luck and good trade :)
Hello traders, this is the potential bullish cypher pattern formation on USDCAD H4 chart..D completion at 1.2897 but I'll wait for better risk/reward to long this pair..Maybe waiting for RSI divergence or double bottom after the pattern completed before entering buy..Stops must be below X point..On the chart was initial targets and I will update targets from time...