Buying @ 1.4835 for 1.5010 ............ trade provides good RR aswell Good luck !
Strategy - Buying breakout of declining trendline( blue line) Anatomy of Dragon pattern A.Head of the Dragon B. Formation of first leg C. Hump (must be 0.38 to 0.5 of AB) D. Second leg (can be 0.618 to 1.27 of BC0.88% ) E. Trend line breakout (Long Trigger) F. First target at 1.27 of CD G. Second target at 0.886 to 1.0 of AB H. Third target at 1.38 of...
looking to buy@1.4805.................. for 1.4950
sell @1.0980 for 550........... trade provides good RR.............good luck!
trade 1- short break of 1061.50 for 1052 reverse trade 2- long @ 1052 for 1065 reverse trade 3 - short 1065 for 1040 reverse trade 4- long @1038 for 1130 good luck !.....................................:)
The Quasimodo Reversal Pattern Long Reversal The long reversal is similar to the short reversal but simply reversed as below: When looking for a long reversal one of the things generally considered is when price starts to make higher highs (HH’s) and higher lows (HL’s). However the following pattern presents some very good opportunities to enter long trades...
gbpusd completed recent setup 2618 setup successfully looking to sell @1.5240 @ completion of cypher pattern targeting 1.4925 for completion of final leg of shark pattern see structure to the left couple fib cluster @1.5240 .. 78.6 retracements from tops of 1.53365 to the lows of 1.4895 61.8 retracements @1.5265 from tops of 1.5495 ...
Anatomy of Dragon pattern A.Head of the Dragon B. Formation of first leg C. Hump (must be 0.38 to 0.5 of AB) D. Second leg (can be 0.618 to 1.27 of BC) E. Trend line breakout (Long Trigger) F. First target at 1.27 of CD G. Second target at 0.886 to 1.0 of AB H. Third target at 1.38 of AB I. STOP: Place a stop few ticks below
strategy sell @ break of C only after completion of one of reversal points.
selling usdcad @1.3640-50 for completion of final leg of shark pattern......trade provides good RR aswell
strategy 1 - buy @0.7255 for 0.7730-50 strategy 2- buy@ 0.7395 for 0.7730-50 stops below the handle.
buying above 1.4960 for completion of AB=CD..stops below double bottom
...sell break of C point .....stop above point B ...targeting point F
trade 1. selling at the neckline for the formation of the right shoulder. trade 2 buying at the completion of the right shoulder both the trades provides excellent risk reward ratio.
buying the retracement of 61.8 of AB leg for ..............................targetting AB=CD
selling gbpusd @ 1.5075.............. targeting AB=CD
buying @1058 ...completion of final leg CD of Cypher pattern .....targeting 1086 final leg completion of Crab pattern .
Buying breakout of the neckline/wedge for measured target approximately 1.0715-20 Stops below the Handle low Trade provides good RR.