NZD/USD - 30m Chart - Bat Pattern Here on the30m chart of NZD/USD we have a nice Bat Pattern setup. D leg completion at .7308 giving us a nice reversal zone. We must see a completion at D leg before any short entry is triggered. - SL must go above X - Target 1 at 38.2% retracement - Target 2 at 61.8% retracement Good luck.
EUR/CAD - H1 Chart - Bat Pattern Here on the H1 chart of EUR/CAD we have a nice Bat Pattern setup. D leg completion at 1.377 giving us a nice reversal zone with X being strong historical resistance. We must see a completion at D leg before any short entry is triggered. - SL must go above X - Target 1 at 38.2% retracement - Target 2 at 61.8% retracement Good luck.
AUD/USD - H1 Chart - Bat Pattern Here on the H1 chart of AUD/USD we have a nice Bat Pattern setup. With the D leg completion at .7988 we have a nice reversal zone at previous support, thus giving us a great opportunity to place stops just underneath. We must see a completion at D leg before any long entry is triggered. - SL must go below X - Target 1 at...
USD/JPY - H1 Chart - Gartley Pattern Here on the H1 chart of USD/JPY we have a nice Gartley Pattern setup. With the D leg completion giving us a triple top, our stops can sit just above giving us a strong reversal zone. We must see a completion at D leg before any short entry is triggered. - SL must go above X - Target 1 at 38.2% retracement - Target 2 at...
Reasons To Short GBP/JPY - Fibonacci confluence cluster. - Target 1 & Target 2 coincide with structure. - 5:1 Risk reward - Bearish divergence on RSI - RSI at 87.7 on daily (Overbought) Good luck.
USD/JPY - H1 - 2618 Trade Explained Having had a double top and now approaching a retracement back into the 61.8% Fib level, we can now look for reasons to short the USD. Unlike patterns we can't just place BUY or SELL orders in advanced. Once we have completed the rules of engagement below, we are looking for confluence within a certain area that all...
EUR/AUD - H4 - 2618 & Bat Pattern We are looking for a D leg completion of this Bat Pattern for our buy orders to be triggered. The C leg of this bat pattern didn't exceed A, so in my rules this is still a valid Bat Pattern. Having now retraced back into the 61.8% Fib level, we can also trade this as a 2618. Rules Of Engagement 2618 - Double Top - Break below...
GBP/AUD - Daily Chart - Gartley Pattern Here on the daily chart of GBP/AUD we have a nice Gartley Pattern setup. The X leg of this pattern has not been exceeded since 2009, which in my opinion should hold and act as major resistance. We must see a completion at D leg before any pattern entry is triggered. - SL must go above X - Target 1 at 38.2% retracement...
EUR.JPY - H1 Chart - Bat Pattern Usually i don't trade patterns that have more support or resistance above or below the D leg, However on this occasion i believe we have enough resistance on the higher time frames to take this trade. Our stop loss is just above the X leg, so if we surpass this we are not interested and will await another signal. We must see a...
AUD/USD - 1H Chart - Advanced Patterns Everywhere! AUD.USD is giving us many advanced pattern setups so early in this week. We must see a completion at D leg before any pattern entry is triggered. - SL must go below X - Target 1 at 38.2% retracement - Target 2 at 61.8% retracement Good luck.
USD/CAD - 1H Chart - Bullish Bat Pattern As usual we must see a completion at D leg before a long entry is triggered. - SL must go below X - Target 1 at 38.2% retracement - Target 2 at 61.8% retracement We do have a long way until completion, but certainly better to be one step in front than behind. Good luck.
USD/JPY - 1H Chart - Gartley & Bat Pattern Whilst awaiting a much bigger Gartley Pattern setup (In purple) we now have an opportunity to go long with a smaller Bat pattern (In blue) We must see a completion at D leg before a long entry is triggered. - SL must go below X - Target 1 at 38.2% retracement - Target 2 at 61.8% retracement Good luck.
AUD.USD - 4H Chart - Gartley Pattern Whilst awaiting a much bigger Gartley Pattern setup on the 4h chart, we now have an opportunity to go long with a smaller Gartley that is near completion. We must see a completion at D leg before a long entry is triggered. - SL must go below X - Target 1 at 38.2% retracement - Target 2 at 61.8% retracement Good luck.
EUR/CHF - 30m Chart - Gartley Pattern We must see a completion at D leg before a long entry is triggered. - SL must go below X - Target 1 at 38.2% retracement - Target 2 at 61.8% retracement Good luck.
AUD/JPY - 4H Chart - Gartley Pattern / Potential 2618 - SL must go below X - Target 1 at 38.2% retracement - Target 2 at 61.8% retracement If we can get a retracement back into the 61.8% (Target 2), we can then look at getting short as a 2618 trade. Good luck.
AUD/USD - 4H Chart - Gartley Pattern XA - 61.6% AB - 78.6% CD - 1.272% SL must go below X Target 1 at 38.2% retracement Target 2 at 61.8% retracement Good luck.
Depending on how you trade and the criteria in your trading plan, this could be a potential short at the 61.8% For me personally i would need the following to trade: - Double Top - Break of structure - 61.8% retracement - Stop loss above double top - Target 1 at 38.2% Retracement In my trading plan i would have needed to see a break of previous support before i...
NZD/USD 30m Chart Bat Pattern XA - 38.2% / 50% AB - 61.8% CD - 88.6% SL must go above X Target 1 at 38.2% retracement Target 2 at 61.8% retracement Good luck.