petermp25

petermp25

Entry at 14.407, Point D Stops at 13.304, a few pips below the X point (not much structure below the X Point so hard to find a suitable stop. Though this can be adjusted through the ATR (i.e.: X Point - ATR Value) at the time of Entry) Targets at 15.700, below 38.2 of AD and minor support/resistance

petermp25

UPDATE:What a Perfectly placed stop... Entry at 121.521, Point D (which also happens to be on previous Resistance now support (long term ascending triangle)) Stops at 120.345, below Point X and on the 1.618 of AB Targets at 123.00, below 38.2 of AD and below previous minor support (06/12/15-06/14/15)

petermp25

Entry area between 47.45 (minor support) and 50.40 (Cypher Point D) Stops @ 43.60, below X Point. There is not much structured support below X unless you go really far back and the risk becomes too great, therefore $1.57 below X should be a decent, not-too-tight, stop. Targets @ 57.73, 38.2 of CD Falling to Point D would mean a break of the long-term bearish...

petermp25

Entry area between 128.21 (minor support) and 129.261 (Cypher Point D) Stops @ 124.868, below Point X and structured support from 13/06/2013 and 16/04/2013 (look left to Ellipse) Targets @ 133.63, just below 38.2 of CD 1 to 1 Risk/Reward if entry is at Point D exactly

petermp25

Entry around the 127.2 of AB @ 1.45818 Stops @ 1.47822, near previous highs of 02/12/2015, and above the 161.8 of AB Entry @ 1.43649, just above the 38.2 of AD The daily chart indicates a selling point, however the 4H indicates a potential rebound off the channel. Rebound could occur before descending to the 38.2 S. Stoch on both timeframes indicate further...

petermp25

UPDATE: Closed at 1.44440 (big spike down after UK Report) Entry @ 1.45596, point D Stops @ 1.47092, above the X point AND the previous Structured high from 29/04/2015 Target @ 1.43990 (or just above to be safe), 38.2 of the CD move

petermp25

UPDATE: Got stopped out at the red resistance, but reopened the trade when it fell back down to 60.71. Closed at the green target. Stop was too tight clearly. Bat Pattern on USOIL Entry @ 60.71, point D Stops @ 61.70, just above X point Targets @ 59.36, just above the 38.2

petermp25

UPDATE: Closed at 61.50 EDIT -- ZOOM OUT TO SEE FLAG, take no notice of the Harmonic Pattern This is a clear bearish flag, no doubt about it. Been rebounding in the channel since the start of Jan2015. A break of the lower part of the channel could signal a further fall continuation to previous Supports/Resistances of 54.58, 52.17 and more severely, the Jan...

petermp25

Bat Pattern on the EUR/NOK with D at 8.71323 Entry @ 8.71400 Targets @ 8.60078, just above Support/Resistance (look left @ ~8.580) and is a 38.2. Stops @ 8.78700, just above the X point Fully welcome any ideas to prove me wrong/other view points

petermp25

UPDATE 17/06/15: Daily closed above the Max to validate a Potential Gartley. Trade invalid. If price manages to close between the MAX/MIN and then rebound, we could potentially see a reversal to Point D, whereby we'll enter within the range 1.07095-1.06032 (minor support/resistance) Targets @ 1.098, just below the 38.2 of the AD Leg Stops @ 1.05080, just...