BEARISH CYPHER PATTERN FOR SWING TRADERS ON GBPUSDCame across a potential M240 Cypher Pattern completion @1.2515s
Place your Stops and targets according to YOUR Trading Plan!
Advancedpatterns
GBP.USD - BEARISH CYPHER SETUP - 1.2474On the GBP.USD 1hr chart we have a potential short opportunity at the D leg completion of bearish Cypher setup.
The price reversal zone on this pair is between 1.2474 & 1.2504
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Cypher setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets at around 1.2380
Stop loss would be placed above X leg structure resistance.
Target 1 - 1.2430
Target 2 - 1.2405
Possible Bearish Cypher Pattern in GBPBearish Cypher Pattern with high probability for short position.
Potential Bearish Cypher on GBPUSDThere is a potential bearish cypher setting up on the GBPUSD. This pattern will potentially complete @ 1.25151. Minimum stops need to be above X at 1.25559 with target 1 at 1.24585 and target 2 at 1.24241.
As always, make sure to follow your plan. Good luck and good trading.
Harmonic Pattern on EURGBPHi guys,
today i want to bring an harmonic pattern to you. It's a Gartley pattern and its completion will be around 0,84890.
Remeber to put your stop loss below X, targets at the 382 and 618 retracement of AD leg.
If you have any question, feel free to comment below.
Gartley on EURGBPHi guys,
today i want to bring an harmonic pattern to you. It's a Gartley pattern and its completion will be around 0,84890.
Remeber to put your stop loss below X, targets at the 382 and 618 retracement of AD leg.
If you have any question, feel free to comment below.
Time to go long? (AUDCAD analysis)Hi guys,
with a new week ahead i want to share with you this interesting situation on AUDCAD. On the daily chart we are now testing a key structure level: as we approach that level i go on lower timeframes in order to catch an additional confirmation of the upward reaction move.
As you can see on the chart i found different clues supporting my view.
At first, there are two adavnced pattern formations (Bat, Cypher) already completed at this level. Then, we also have a nice oversold condition on the RSI and price has just touched the 1.618 extension of the previous downward move and the 382 retracement of the daily impulsive move.
So, these are the reasons that make me think it could be a nice spot in order to seek for long opportunities, such as double bottoms, engulfings, pinbar and so on.
If you want to be updated, follow me.
For any questions, feel free to comment below.
Otherwise, see you in the next chart!
Harmonics on AUDCADHi guys,
with a new week ahead i want to share with you this interesting situation on AUDCAD. On the daily chart we are now testing a key structure level: as we approach that level i go on lower timeframes in order to catch an additional confirmation of the upward reaction move.
As you can see on the chart i found different clues supporting my view.
At first, there are two adavnced pattern formations (Bat, Cypher) already completed at this level. Then, we also have a nice oversold condition on the RSI and price has just touched the 1.618 extension of the previous downward move and the 382 retracement of the daily impulsive move.
So, these are the reasons that make me think it could be a nice spot in order to seek for long opportunities, such as double bottoms, engulfings, pinbar and so on.
If you want to be updated, follow me.
For any questions, feel free to comment below.
Otherwise, see you in the next chart!
Bullish Gartley Pattern 4 HI think we will see a beautiful bullish gartley soon, but it is better to have confirmation with double bottom or engulfing candle near entrance point to have more confidence about wining this trade. Enjoy and have a good trading guys.
USD.JPY - Bearish Cypher Setup - 111.755On the USD.JPY 4hr chart we have a potential short opportunity at the D leg completion of bearish Cypher setup.
The price reversal zone on this pair is between 111.755 & 112.192
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Cypher setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets at around 110.400
Stop loss would be placed above X leg structure resistance.
Target 1 - 111.115
Target 2 - 110.726
complete Gartley PatternI think the gartley pattern was completed and you can enter with very low risk. The risk to reward ratio is so high now and good opportunity for trading except the broker commission!
Enjoy your trading
Emerging Gartley PatternI think this is good idea for trading but because of the beginning of the week the risk of trading will high so it is better to enter half of the normal Lot that you use.
Gartley near completion!Hi guys,
just wanted to share with you this Gartley formation that i think may be good to take. The bllue box represents a higher structure level and so the likelihood of this trade is increased by this factor.
Stops above X, targets as usual for harmonic patterns.
If you want to share your view, or simply ask questions, feel free to comment below.
Otherwise, see you in the next chart!
Gartley completion's around the cornerHi guys,
just wanted to share with you this Gartley formation that i think may be good to take. The bllue box represents a higher structure level and so the likelihood of this trade is increased by this factor.
Stops above X, targets as usual for harmonic patterns.
If you want to share your view, or simply ask questions, feel free to comment below.
Otherwise, see you in the next chart!
GBP.USD - Short Opportunity at 1.2541On the GBP.USD 1hr chart we have a potential short opportunity at the D leg completion of bearish Bat setup.
The price reversal zone on this pair is between 1.2541 & 1.2556
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat setup placed at the .382% and .618% retracement of the C to D move.
There is also an opportunity to look for extended targets at around 1.2440
Stop loss would be placed above X leg structure resistance.
Target 1 - 1.2494
Target 2 - 1.2465
AUDUSD bat pattern formation of 137 pipsgood day traders we have a great opportunity for a bat pattern formation for shorting
as per the showing below targets and chart
EURJPY long bat pattern formation 126 pips hello everyone
another opportunity for the day on EURJPY bat pattern formation
happy hunting
USDJPY potential bat pattern formation hello traders going now on USDJPY long for bat pattern formation as per the targets showing
happy hunting .
Harmonic Trading on EURJPYHi guys,
this is a Cypher pattern that's almost completing on EURJPY 1H chart. The white line represents a previous structure level very important and in the daily chart the RSI is in oversold condition. Price has also created a nice pinbar on the daily chart as well.
These are the reasons why i'm getting involved with this.
I'm actually taking this one a little lower in order to get a better risk to reward ratio.
Stops below X, targets as usual for harmonic patterns.
If you want to share your thoughts or simply ask questions, feel free to comment below.
Otherwise, see you in the next chart!
Cypher on EURJPYHi guys,
this is a Cypher pattern that's almost completing on EURJPY 1H chart. The white line represents a previous structure level very important and in the daily chart the RSI is in oversold condition. Price has also created a nice pinbar on the daily chart as well.
These are the reasons why i'm getting involved with this.
I'm actually taking this one a little lower in order to get a better risk to reward ratio.
Stops below X, targets as usual for harmonic patterns.
If you want to share your thoughts or simply ask questions, feel free to comment below.
Otherwise, see you in the next chart!
USD.CAD - Short Opportunity at 1.3480On the USD.CAD 4hr chart we have a potential short opportunity at the D leg completion of bearish Bat setup.
The price reversal zone on this pair is between 1.3480 & 1.3535
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat setup placed at the .382% and .618% retracement of the C to D move.
There is also an opportunity to look for extended targets at around 1.3300
Stop loss would be placed above X leg structure resistance.
Target 1 - 1.3396
Target 2 - 1.3344
Double Top at Gartley completion!Hi guys,
just wanted to share with you this setup that i'm selling right now. As you can see we have a nice Gartley pattern and right at the D point price has created a double top. Stops above the highs, target at the 382 and 618 retracements.
If you want to share your idea or simply ask questions, feel free to comment below.
Otherwise, see you in the next chart!
Bullish Cypher Near CompletionThere is a bullish cypher pattern here on EURJPY that is very close to completing. This patter will complete at 117.713. Minimum stops need to be below X at 117.42 with target 1 at the 38.2 retracement (118.13) and target 2 at the 61.8 retracement (118.38).
As Always, follow your trading plan.
Good luck and good trading.
