Hello awesome traders! 👋
Hope you’ve managed to grab some solid pips from the markets this week. As we head into the weekend, I’m wrapping things up by dropping a few clean chart setups for you to review and reflect on.
Enjoy the weekend, recharge well — and I’ll see you sharp and ready next week for more structure-led opportunities.
📌 Pattern Breakdown
We had a beautiful AB=CD symmetry setup, with a slight twist:
🔹 AB = CD structure extended slightly beyond traditional symmetry
🔹 CD stretched into the 127.2% fib projection — a known trap zone
🔹 Price tagged 95.980 and reacted with strong bullish momentum from the PCZ (95.98–95.58)
🔹 This zone also aligned with 161.8% fib extension support = strong confluence
🎯 Target Structure
Following the rejection, price is now rotating upward, moving toward:
✅ Target 1:
• 23.6% = 97.16
• 61.8% = 97.972
📍 Partial TP booked at 23.6%
🧭 Watching price behavior here before deciding whether to continue toward…
🔄 Target 2 Zone:
• 78.6% = 98.508
🧠 Key Concepts in Play
✅ AB=CD symmetry extended to 127.2%
✅ Valid PCZ rejection from confluence zone
✅ Partial profit taken at TP1
✅ Measured continuation play in motion
✅ Structure-led management with clear invalidation
🗝 Final Thoughts
AUDJPY gave us a clean extended symmetry rejection — and now we’re in the follow-through phase. The reaction off the 127% extension shows that even stretched patterns can hold when structure aligns.
We’ve locked some gains at the 23.6% zone and will let the rest play out or reassess early next week depending on price behavior around the 61.8% mark.
“Even when symmetry stretches — the reaction reveals the conviction.”
Hope you’ve managed to grab some solid pips from the markets this week. As we head into the weekend, I’m wrapping things up by dropping a few clean chart setups for you to review and reflect on.
Enjoy the weekend, recharge well — and I’ll see you sharp and ready next week for more structure-led opportunities.
📌 Pattern Breakdown
We had a beautiful AB=CD symmetry setup, with a slight twist:
🔹 AB = CD structure extended slightly beyond traditional symmetry
🔹 CD stretched into the 127.2% fib projection — a known trap zone
🔹 Price tagged 95.980 and reacted with strong bullish momentum from the PCZ (95.98–95.58)
🔹 This zone also aligned with 161.8% fib extension support = strong confluence
🎯 Target Structure
Following the rejection, price is now rotating upward, moving toward:
✅ Target 1:
• 23.6% = 97.16
• 61.8% = 97.972
📍 Partial TP booked at 23.6%
🧭 Watching price behavior here before deciding whether to continue toward…
🔄 Target 2 Zone:
• 78.6% = 98.508
🧠 Key Concepts in Play
✅ AB=CD symmetry extended to 127.2%
✅ Valid PCZ rejection from confluence zone
✅ Partial profit taken at TP1
✅ Measured continuation play in motion
✅ Structure-led management with clear invalidation
🗝 Final Thoughts
AUDJPY gave us a clean extended symmetry rejection — and now we’re in the follow-through phase. The reaction off the 127% extension shows that even stretched patterns can hold when structure aligns.
We’ve locked some gains at the 23.6% zone and will let the rest play out or reassess early next week depending on price behavior around the 61.8% mark.
“Even when symmetry stretches — the reaction reveals the conviction.”
Trade active
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.