pinoso

pinoso Updated 

There could be a AB=CD pattern on gbpusd that coincides with 0.618 fibonacci retracement at Daily chart. I'm thinking of a buy at that price range, but frist I recommend to wait for candlesticks formation to enter. The AB=CD is 0.382 to 2.24/2.618 and as it is not the perfect 0.382 it's logical that it's between on these fibonacci ratios. The TP is on the previous...

pinoso

There's a bat pattern on USDCAD. We sell and placed it because of bearish candle confirmation. TP on the first TP of the bat pattern. There's also an alternate AB=CD in which is the 0.782 retracement with the 1.618 projection. Do you guys have other ideas or any more confirmations? Let me know on the comments.

pinoso Updated 

We have a head and shoulders and it has just retested the neckline. There's also some resistance on that zone and it acted as a support before. Let's see how the trade goes. Do you guys have other ideas or any more confirmations? Let me know on the comment section.

pinoso Updated 

I decided to trade only because of the candles that it has given me at the exactly zone. We had an engulfing bullish candle. I recommend low risk as the time lenght was lower on the CD leg than the AB. Also this is going to be kind of a long trade that I'm expecting it to close the other week. What do you guys think?

pinoso Updated 

Deep crab setup to buy. candlesticks shows intention to buy. I personally believe it would go to TP2, but with TP1 we can close trade or take partial profits.

pinoso Updated 

Price has come to the zone in which the bat pattern and a Gartley has been formed. I'm expecting a the price to go to TP3. Anyways, take partials when hitting TP1 or protect the trade on BE. It already confirmed with candles that the market could go bullish. Do you have another point of view? Let me know on the comments.

pinoso

We are targetting the same lenght of pips that euraud has formed on the M pattern.

pinoso Updated 

GBPNZD has another AB=CD with a 0.618 retracement and a projection of 1.618 with almost exact price range and time lenght. We have a SL just above the point D. Risk management has to be low as the previous trend was strongly bullish and place TP1 of the AB=CD pattern.

pinoso Updated 

I see a potential zone to sell as the rectangle has been formed. I'd only enter the trade if I have a breakout and a have a retest. The retest must have a candlestick pattern that tells me to enter the trade like a doji followed by a bearish candle or followed bearish candlesticks.

pinoso Updated 

AB=CD pattern spotted as 0.782 and his reciprocal 1.27. It already reacted and the candles indicated to sell. We entered the trade at 5:15 am (UTC-6) with 0.25% risk.

pinoso Updated 

Only entered by those rules. If anything is violated, the trade is no longer valid to enter.

pinoso Updated 

As mentioned in the chart, if trade operate with 0.25%. I'll update if it's better to canceled depending on the end of candle.

pinoso Updated 

AB=CD pattern 0.886 and 1.13 fibonacci. It already hit the top of the price range of CD and also seems to react at the 1.13. We sell by market exactly at 5:00 pm (UTC-6). SL is really low and low risk (0.25% of account).

pinoso Updated 

ABCD pattern has been formed at EURCHF. After reacting on TP zone of a rectangle pattern and giving us some bullish candlestick, we can be sure to trade this pattern. SL located below the previous low.

pinoso Updated 

Wait for price action. Do not entered if you don't see a doji and a bearish candle followed or any bearish pattern that confirms the zone.

pinoso Updated 

Just be careful when the price arrives at the harmonic point entry.