If price retraces, we have a potential bearish Bat completing at 1.6912, profit taking at 38.2 & 61.8 retracements and stops above X. If price fails to retrace then a potential bullish Bat completes at 1.6570. Price action on the Daily timeframe indicates a bullish trend in this market, however, there is a head & shoulders at play currently and we have a break ...
Hi Everyone, We have a potential bullish Gartley at 1.7082, conventional targets at 38.2 & 61.8 stops below X. May I remind everyone that this isn't a signal service and urge everyone to trade their trading plan. Baring in mind we have the UK Elections this week and GBPAUD is also testing the 1.7120 daily support level.
If price action pushes down we have a potential Cypher completing @ 116.51. For certain reasons I will not post stops and targets as I do not provide a signal service, this is to protect people from trading without knowing the win/loss ratio of the pattern. If you have backtested and this strategy is part of your trading plan, I wish you all the best for next week.
We have two potential bullish Cyphers and Potential bullish Bat on AUD/CAD, I don't post a lot on tradingview as I know people use it as a signal service hence why I will not be placing stops, targets on the chart. If you decide to trade my ideas then be it upon you to develop your own rules. Wish you all the best for this week and be mindful of US Elections.