gabrielvarvik

gabrielvarvik

This is what im currently looking at. A bat pattern and a smaller crab pattern. Looking to get long if the price comes down to my killzone. This is a pretty good long opportunity in my opinion. Good luck.

gabrielvarvik

Just got filled on the bullish bat pattern. If we take a look at the daily chart, we can see a double bottom: Because of this, i have 3 targets on this one. My first target is the 38.2 retracement, second target is the 61.8 retracement, third target is a retest of the highs of the bat. Good luck.

gabrielvarvik

We are looking at a bearish bat pattern here. Just waiting for it to complete, and if it does i'm going to try to catch some pips on the way down. The price has also completed a smaller butterfly pattern, and a AB=CD. You can see the butterfly here: I'm going to wait for the bat to complete, and then wait for some bearish PA. IF i get some bearish PA, THEN i'm...

gabrielvarvik

If this bearish butterfly complete, it would represent a pretty decent short opportunity. As you can see on the chart, we got a series of technicals that says short all over the place. As i see it, we can see a 1.272 extension from the 61.8% retracement, which brings us right into a bigger gartley pattern completion. And we can use the butterfly for entry reason....

gabrielvarvik

We have a bearish cypher completed against a bigger resistance zone. We also have a smaller butterfly which i pointed out on the chart. If you take a look at the RSI, you can see that we have some divergence as well.

gabrielvarvik

We may see a reaction around this zone. This is a simple structure based trade with some fibs and harmonics. If the price comes into my kill zone, then i will look for a opportunity to get short. Wish you all the best of luck.

gabrielvarvik

Looking at a bullish gartley pattern here. If the price gets down to my kill zone between the 76.4 retracement and 1.272 extension, then I'm looking to go long. If the price gets to my first target when I'm long, then I'm going to move my stops to break even, and I'm also going to take half of my position if target 1 is reached. This also gives me a good risk vs reward.

gabrielvarvik

The price has come down to my kill zone between the 1.618 extension and the 0.886 retracement. Looking to get long here. As you can see, the bat pattern gives us a very nice risk to reward. Something that's worth taking a shot at. IF the price gets to my first target,THEN I'm moving my stops to break even, and taking half of my position off (if-then thought process).