peterfx

peterfx Updated 

Pending bullish bat completing at strong level of S/R

peterfx Updated 

Shorting gold at retest of neckline that coincides with 61.8 retracement of original down move.

peterfx Updated 

Bearish bat on 240 completes at trend line and s/r confluence and bearish RSI divergence. Targets 38.2 and 61.8 with the 61.8 filling the earlier gap.

peterfx Updated 

Bullish bat pattern to complete on 60 minute chart at area of strong support

peterfx Updated 

Wait for close of candle and short targetting 38.2 and 61.8 Double top, unable to close above previous high. ABCD completion Divergence on RSI Lots of previous structure on daily and weekly.

peterfx Updated 

Bullish bat and bullish cypher meeting at a point of previous structure S/R.

peterfx Updated 

Obvious bearish bias on the pound. Only looking for short opportunities. Bearish gartley pattern forming. Will go short at the 886

peterfx Updated 

Coming in to key support with a bullish bat around the 1.05 handle. Long with extended targets on this one.

peterfx Updated 

Will wait for price action at 1.09662 level (double top, RSI divergence) before looking for a sell. Otherwise, if price breaks through this level then I'm waiting for a sell at the 1.11146 level for a retest of the broken daily trend line and a 61.8 of the last impulse down.

peterfx Updated 

Bearish bat pattern completed on 60 min. Previous S/R area Trend line resistance RSI diveregence

peterfx Updated 

Bearish butterfly completion at previous significant resistance zone. Bearish inverted hammer on the daily. Fib extension and time zone confluence

peterfx Updated 

Pending bullish cypher with decent previous structure. Stops at 1.13 of AX

peterfx

Bearish Bar completion on the 4 hour. Both targets would've been reached. I did NOT take this trade - just for reference as I'm trialling the 38.2 retracement of XA for my B leg (was previously only taking a 50% retracement. Will continue to monitor this success rate and look to backtest this adapted strategy too.

peterfx

Pending bullish garley on the 4H. XA 78.6 & AB 1.272 with 61.8 retracement confluence with previous swing low to swing high creates good confluence price reversal zone. Will await price action in this zone.

peterfx Updated 

Pending bat completion at level with plenty of confluency @ 51.64 Will decide on stop placement based on ATR closer to entry.

peterfx Updated 

Bearish Gartley completion at 1.272 ext of AB leg chosen as closer to X (78.6 retrace of XA was too far from this confluence). HTF - 38.2 retrace of larger move Previous minor and major structure support / resistance Identified on 240 but on 60 minute there's bearish divergence on RSI and went oversold on previous (lower) high. Stop loss at 1.13 of XA TP1...

peterfx

We are now in a confirmed downtrend on the daily after closing below previous swing high. Wait for a retrace to 38.2 of the most recent swing low. Current and HTF structure there. 38.2 retrace of larger swing high. Wait for price action at this level marked in yellow box for entry signal to short. Target per arrows.

peterfx

Pending gartley on daily TF using 1.272 ext of AB 61.8 confluence of prior Oct to Nov 15 swing high to swing low Plenty of higher time frame support / resistance. Will look for RSI overbought / price action / double top on a lower time frame as we enter the PRZ.