While we are waiting for the original Bullish cypher to complete after the double bottom, this pattern turned up, so if price retraces during the trend continuation we got a chance to ride it down a little but. Its counter trend so we only have 1 target! RSI is floating in the middle just as the price is in the middle of the two patterns, so lets see whats going...
Here we got a potential Cypher pattern to enter the new bullish sentiment on the 4hr timeframe on a retrace to the 0.786 fib. We are looking for the RSI to reach over sold zone as well for confluence. But be careful its NFP tomorrow so watch your trade carefully if you get an entry before the news! Comments good or bad are very welcome. Kind regards Thomas Voss
This is a repost of a post i made last week, i just want to announce that its close to completion with RSI overbought so keep it on your radar the rest of the day and tomorrow. Its a trend continuation trade. so let´s get that reversal! Comments good or bad are very welcome Kind regards Thomas Jeff
Here on the Japanese index we got a Bat pattern setting up where we are going to buy it up from previous support / structure level, but we still needs to wait for it to come down a bit more and the RSI come more close to the 20ish oversold condition, but its not a must for taking the trade. Comments good or bad are welcome Kind regards Thomas Jeff
Here we have a potential Cypher pattern going long in to major support, price still got a way to go and so has RSI before it becomes over sold, so lets keep an eye on this over today and tomorrow. Kind regards Thomas Jeff
Here we got a Bat to look out for tonight, its against trend so we only go for target 1 to protect capital. RSI is on its way to over bought condition. Today we got a hit on the AUDCAD Bat, but got a target 2 winner in a Bat on GER30 index. Currently we are in a short position on a Cypher on USDCAD. And we just entered long on a Cypher on EURUSD so lets see what...
The smaller Cypher pattern on the H1 that i posted yesterday got invalid this morning, because price went past the C leg and it did not retrace enough to hit our entry. So here we got the bigger pattern where we expect price to slow down and possible return within our zone between Entry and stop. Stop is placed just above the last resistance point so it should...
Crude (12.9.2014) fall sharply in last few weeks & reach to the $90 sociological level. Now crude is trading around $92.40 & the bounce $90 mark is well supported by many factors like 261.8% feb ret. , a lower tradeline of descending channel as well as a very strong positive divergence. All this together providing a buying opportunity at current level. On...