Advancedpatterns
EURUSD - 4hr Bearish Gartley or Bat (FireFox Video Test Hey traders just wanted to do another test run of the Tradingview video on a different browser and figured, hey why not show you an at market trading opportunity as well as talk a little bit about the importance of learning the right way.
Akil
Have a happy holidays if I don't see you before!
Harmonics + Structure on EURAUDHey guys,
i'm ready to go long in this market and here i'll explain you why. On the daily chart, we've recently broken a major resistance level and when price broke that level it wasn't immediately pushed back by sellers but calmly came down to that former resistance as if sellers weren't strong enough to turn that break into a false breakout. With these conditions, i want to look for trading opportunities on the lower timeframes, such as the 4H and 1H. Here you can see the hourly chart that provided me with an harmonic pattern completed right at the intraday support level that's the last before a nosedive. After the completion price immediately was bought and created an engulfing candle, both here and on the 4H, with a strong RSI divergence on top of that. All this clues add up and i'm ready to go long, with stops below the low and targets as shown on the chart!
If you have any question, feel free to ask.
If you have your stance to share, feel free as well.
See you in the next chart!
Harmonics in play on GBPNZD!Hi guys,
on the daily chart on GBPNZD we've recently created a new structure high. This makes my bias directed to the upward direction and therefore more incline to take long opportunities. As i went down on lower timeframes such as the 4H, i've identified a nice harmonic pattern (a Gartley formation) that's right near the completion point (brown line). Since the overall picture is toward the upper direction, i'm taking this trade directly at the D point, with stops below the low and targets as shown above.
If you have any question, please let me know.
Share your ideas if you want.
Otherwise, see you in the next chart!
Gartley pattern on GBPNZDHi guys,
on the daily chart on GBPNZD we've recently created a new structure high. This makes my bias directed to the upward direction and therefore more incline to take long opportunities. As i went down on lower timeframes such as the 4H, i've identified a nice harmonic pattern (a Gartley formation) that's right near the completion point (brown line). Since the overall picture is toward the upper direction, i'm taking this trade directly at the D point, with stops below the low and targets as shown above.
If you have any question, please let me know.
Share your ideas if you want.
Otherwise, see you in the next chart!
GBPUSD: Pending Bearish Bat PatternGBPUSD has been in a rally for a while, trading below the median line of an upsloping andrews pitchfork. In case it continue the upmove it will very soon complete a bearish bat pattern. Because this is a high timeframe you may don't want to trade it with a stoploss above X point. In such case, wait for the pattern completion and then switch to the lower timeframes looking for a smaller sell setup with a tighter stoploss.
1.33126 is a nicelevel to aim for...
Feel free to like, comment and share your analysis,
John
NZDUSD: Bearish Cypher & Gartley at Key Resistance LevelPrice is about to complete a bearish gartley and a bearish cypher pattern at a key resistance zone. In this video I highlight the sell zone and draw the patterns you may trade.
Feel free to like, comment and share your thoughts!
Trade with care,
John