EURUSD ButterflyWait for confirmation within the red box. Take profits at .382 and .618 price extreme. Stops shall be ATR based once an entry reason is given inside the zone. Pattern is invalidated if it exceeds red box
Advancedpatterns
Levels for 9/25/2018The daily chart of the NQ is still very bullish, nothing has changed and it will not change until we see a decent move to the downside, the 4H chart remains in a sideways market until we break either 7630 to the upside or 7420 to the downside, the 1H chart is overbought, we should expect a small pullback, or some sideways market tomorrow. For those of you who took the Gartley pattern on the 1H chart the second target was hit, very nice and easy trade, i will keep an eye for more advanced trading patterns.
Please keep in mind that these are not trading signals, use your own analysis before taking any trades.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.
Trading levels for 9/24/2018Daily chart is showing some sideways consolidation, we are still in a nice uptrend but it looks like the bulls are running out of steam. In the 4H chart, we have a horizontal channel, i think that a break of either the higher or lower level will have some nice follow-up. In the 1H chart we have the conventional targets for the Gartley pattern being hit, 7533.75 was T1 while 7491.25 is T2, as of right now stops are at BE, this trade worked really well.
Please keep in mind that these are not trading signals, use your own analysis before taking any trades.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.
ButterflyEntered this trade at the level shown, due to my entry reasons. My trade management is unconventional in the fact that I only have one target here at the .618 A-D leg. Stops are ATR based.
USDJPY butterfly Advanced butterfly trade rules
Target 1: 38.2% retracement of AD leg.
Target 2: 61.8% retracements of AD leg.
Stop loss: 141% XA extension
When Target 1 one is reached, half of the position should be closed and the stop loss of the remaining half should be placed to breakeven.
AUDCAD - LONG (Long-Term Trading Idea) AUDCAD - LONG (Long-Term Trading Idea)
Primary Target - 0.99800
Stop Loss: 0.91200
Signals:
1) Advanced Cypher Pattern (D1).
2) RSI Oversold Market Condition (W1).
USDCAD - Advanced Pattern - ShortAdvanced Pattern after CAD dropped and touched the D point - but it was consolidating for a bit - waited until CAD regained strength.
Bat Pattern Entry.After the break and close below 1.3020 area Price dropped to the next structure level, where i'm looking for a potential long opportunity that presented with a Bat pattern.
Unfortunately, because the cyptos are bearish my Risk on all cypto pairs are very low and doesn't affect my overall account. Thanks to a very strict Money Management Strategy.
Batt pattern setup on rippleRipple is currently consolidating on the daily and as we know consolidation breeds pattern formation, waiting for my price point to be triggered. remember guys always trade your plan.
NZDUSD: Bullish Cypher Pattern CompletionEntry: 0.66465
Stoploss: 0.66152
TP1: 0.66753
TP2: 0.66950
If price reches the 1rst tp, move sl at breakeven at 2nd position
GBPUSD - 1H BAT 4H CYPHER - ADVANCED PATTERN POTENTIAL Hi Traders, we have 2 potential advanced patterns setting up on GBPUSD
Keep these on the radar and look for entry opportunities. If your an aggressive trader then make sure to front run your orders as we know the markets can easily hit entry and roll over to targets if your not prepared.
As always Entry, Stops and targets on screen.
BAT D completion looking very close to the even handle 1.28000
These patterns will be invalid if we break below the BAT A Leg - or for the Cypher if we close beyond the 141.4% Fib Ext
I will also update these patterns if we get closer to the D Completions, as price action moves around we may also form Gartley
Enjoy and happy trading
USD/CAD SELL NOWhead and shoulder pattern forming so sell now, take profit should be around 100 pips
USDCAD Cypher PatternCypher Pattern setting up on USDCAD
I'm looking for a D point completion at 78.6 Fib (1.30371) to place my long entry.
78.6 is nice strong support level
USDCAD Bat PatternLooking to move up to .886 fib level then sell on pattern completion
targets will be drawn in
Double BatTwo bat patterns are in play, one currently close to completion, the blue line below the smaller bat completion level indicates the level in which if broken the larger bat pattern will become invalid
USDJPY - POTENTIAL BAT PATTERN OPPORTUNITY - 1H ADVANCED PATTERNHi Traders,
Just thought to get this one posted for those who trade this pair, advanced patterns and this time frame.
As always Entry level on Screen with a potential reversal zone.
Targets would be conventional 38.2% - 61.8% retrace of our CD Move - targets to be adjusted on D Completion or unless stops are hit first.
Stops always below X Level. And should be moved to break even if Target 1 is hit.
This pattern will be invalid if we break and close beyond the A Leg or if we violate the X Leg.
Make sure you follow your own rules and don't trade this unless its in your portfolio, always use your own rules of engagement.
Enjoy and happy trading.
