There is a bullish cypher pattern on USDCAD H1 timeframe with D completion at 1.30300.
Entry: 78.6% retracement of XC (1.30320)
Stop: Below X (1.29700)
Target 1: 38.2% retracement of CD (1.30980)
Target 2: 61.8% retracement of CD (1.31400)
There is a 2618 trade on EURJPY with price sitting right at the entry point. This is a countertrend trading setup in which we are looking for the market to move down again to below 120.00.
Stop loss: 124.200
Target 1: 120.600
Target 2: 119.680
Our stop is placed above the high of the double top ...
There is a bearish cypher pattern set up on the H4 chart on AUDUSD with D completion at 0.76430.
Trade details below.
Entry at D completion - 0.76410
Stop above X point - 0.77850
Target 1 @ 38.2% retracement of the CD leg - 0.74650
Target 2 @ 61.8% retracement of the CD leg - 0.73500
If price reaches target 1 I ...
Merry Christmas and Happy New Year!
Have a safe and enjoyable new year period, and I'll see you all back here on Trading View fresh and ready to go for another great year trading in 2017.
P.s. Thank you to all who have contributed positively to the community this year!
There is a bearish Cypher pattern on NZDUSD H1 timeframe with D leg completion at 0.71990.
Target 1: 0.71690
Target 2: 0.71500
This is how I manage a trade like this.
1) Set pending sell order a few pips below D completion (to improve likelihood of being filled)
2) Set ...
There is a BULLISH BAT on USDJPY H1 timeframe with D leg completion at 111.740.
Target 1: 112.880
Target 2: 113.600
This is how I trade a bat pattern.
1) Identify pattern completion point, D.
2) Place an entry order just above completion point.
3) Place stop loss around 10-15 pips ...
There is a Bullish Bat and a Bullish Cypher pattern with D leg completions in a very similar area on AUDUSD H1 timeframe. Both patterns will complete just below 0.74. Fibonacci levels have been left off the chart are it would be very confusing and overlapping with 2 patterns so close together.
There is a BULLISH CYPHER pattern on AUDUSD, H1 timeframe.
Target 1: 0.74340
Target 2: 0.74570
To understand how these points are identified, all the key fibonacci levels have been left on the chart.
We have a bullish Cypher Pattern setting up on AUDUSD with D leg completion at 0.73510. See below for trade details.
I have marked the key Fibonacci levels in yellow for your reference.
Target 1: 0.74050
Target 2: 0.74400
If you have any questions let me know.
Here we have a bullish cypher pattern with d completion at 1.05540. I have my orders in ready to go. Read below to find the trade details and a step-by-step process of how you can trade the cypher pattern.
Target 1: 1.06010
Target 2: 1.06310
1) Identify the X leg by ...
There is a bearish cypher pattern setting up on Euro with D leg completion at 1.06960. The spike during Asia today nearly made it to the completion point, but not quite, and we're still waiting for the trade.
See below for the entry and exit prices.
Target 1: ...
There is a bearish bat pattern setting up on Pound with a D leg completion at 1.26300.
See trade details below. I always know my entry and exit prices BEFORE entering a trade, consistency is king in this business, assuming you have an edge ;)
Target 1: ...
There is a bearish bat pattern set up on Euro with D completion at 1.06290. See trade details below.
Target 1: 1.05890
Target 2: 1.05630
Have a great weekend!
Hi there fellow Trader,
Are you a big bear or a little bear? Maybe you're not a bear at all, in which case this setup is not for you!
There are two bearish harmonic patterns setting up on GBPUSD hourly timeframe. See below for my trade plan, complete with entry and exit prices.
Bearish Gartley (ORANGE):
There is a bullish cypher pattern with a D leg completion at $41.90. This trade has been on my radar for a while now and it finally looks likely to complete.
Target 1: $45.55
Target 2: $47.95
The method I used to trade this type of setup is very simple.
There is a bearish cypher set up on GBPUSD with D completion at 1.22790.
How I trade this setup:
1) I place my sell order a few pips below the D completion point (to cover the spread and ensure entry).
2) My order has a stop loss placed 10-15 pips above the X point.
3) My order has ...
Going through my charts and spotted this bullish bat on Silver. Trade details as follows.
Target 1: $18.12
Target 2: $19.26
The thing I love about trading bat patterns is the risk to reward ratio! Keep in mind that the win percentage on bat patterns is <50%. Meaning if you ...