Advanced Pattern FormationsHey Traders,
Gartley Pattern completion at 87.411, Targets at the 38.2 Fib Retracement of the A-D leg with stops being at the 1.272 Fib Extension of the A-D leg.
Trade Your Plan!
Advancedpatterns
A Bullish Gartley Pattern On EURJPYHere we have another advanced pattern that's on the verge of completion so let's see how this will play out.
A Bullish Gartley Pattern On GBYJPYAfter missing out by a few pips on the bearish cypher pattern I posted earlier, the market has presented us with another opportunity and this time it's a bullish gartley pattern so let's see what the market will do this time around.
A Bearish Cypher Pattern On GBPJPYIt's been loss after loss after loss for me in the last few weeks but as long as the trade meets the plan then I will be taking the trade and we have ourselves another potential advanced pattern so let's see if the market can continue to be cruel to us.
BULLISH TREND CONTINUATION VIA GARTLEY PATTERNCurrently seeing a rejection from the bearish Bat Pattern. If we get to previous structure (without violating highs) I will get involved with the Bullish Gartley Pattern. Stops below X
Trade well
Advanced Pattern FormationsHey Traders,
Cypher Pattern completion at 0.76813, Targets at the 38.2 Fib Retracement of the C-D leg with stops being at the 1.414 Fib Extension of the C-D leg.
Trade Your Plan!
Advanced Pattern FormationsHey Traders,
Cypher Pattern completion at 1.01875, Targets at the 38.2 Fib Retracement of the C-D leg with stops being at the 1.414 Fib Extension of the C-D leg.
Trade Your Plan!
Advanced Pattern FormationsHey Traders,
Bat Pattern completion at 1.77160, Targets at the 38.2 Fib Retracement of the A-D leg with stops being at the 1.272 Fib Extension of the A-D leg.
Butterfly Pattern completion at 1.75871, Targets at the 38.2 Fib Retracement of the A-D leg with stops being at the 1.272 Fib Extension of the A-D leg.
Trade Your Plan!
19.03.17 - Harmonic Patterns - Butterfly AUDJPY 1HR Hi Traders! :)
Going into the week, I am confident that this Bat Pattern will hit entry.
If it is a loss, it doesn't matter, as the Risk to Reward is 1:135. It meets all of trading criteria and is a fairly clean pattern. Let's just watch and see how we go, we cannot control the markets.
Remember, to trade your plan!
Have a great Trading week :)
USDJPY Bear Flag Set upCurrently short the USDJPY from 114.60 but have my stop loss placed above this bear flag set up for 100 pips of profit so far, looking for a break down back to the lows of consolidation on the higher time frames. This is a purely technical trade, fundamentally it would make more sense to be long the dollar.
AUDUSD Bearish Cypher Pattern Re-entryJust shorted the AUDUSD @.7660, I've been eyeing the Bearish cypher pattern on the daily for a while and was actually short this pair but ended up stopping out for break even after the Fed's rate decision. Luckily I hedged the position against the USDJPY and made profit on that pair. So here we go again, hedging this position again the USDJPY this time! Fundamentally I believe the dollar will gain some strength, and I believe this is a good set up from a technical standpoint as well.
Stops are above HOD (If I'm wrong I don't want to eat into my profits from USDJPY, which I am still short)
Targets are at previous structure, although the .382 retracement on the Cypher is also a viable option
EUR.USD - Bullish Bat Setup + TP & SLOn the EUR.USD Monthly chart we have a potential long opportunity's at the D leg completion of bullish Bat setup.
The price reversal zone on this pair is between .9077 & .8218
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 A to D move.
There is also an opportunity to look for extended targets at 1.4500
Stop loss would be placed below X leg structure support .
Target 1 - 1.1737
Target 2 - 1.3374
Daily Cypher Pattern on GOLDPotential Cypher Pattern for Daily Traders on GOLD.
Entry @ 78,6 % Retracement.
Stops below X
Targets according to your plan.
Trade your plan!
EURJPY gartley pattern for 200+pipsgood day trader
now im taking a short position till this 618 level of retracement
and waiting for a new formation of gartley pattern on the formation
once later the target is achieved and we see a new higher high
we can take a buy position to target a 200 pips trade
we shall wait and see
this trade is on the watch of my radar
USDJPY cypher pattern formation 182 pipsgood day everyone we have here a great opportunity to go shorting to complete the cypher pattern formation on the USDJPY 182 pips
USDJPY Bat pattern 124 pips shorting opportunitygood day everyone
now we have a great opportunity for a bat pattern formation on the USDJPY
we will wait for a lower low and then take an entry
happy hunting everyone
USD.JPY - Long & Short Opportunity 111.907 & 114.313On the USD.JPY 4hr chart we 2 potential trade opportunity's at the D leg completion of a bullish & bearish Cypher setup.
Bullish Cypher Setup ( Blue ) - D leg completion 111.907
Target 1 - 113.068
Target 2 - 113.794
Bearish Cypher Setup ( Grey ) - D leg completion 114.313
Target 1 - 113.068
Target 2 - 113.787
I don't care if you go up or down, i can trade anyway!Hey guys,
if you are familiar with harmonic pattern you'll know there are two Gartleys setting up on AUDCAD.
A bearish one and a bullish one, so we have a decent opportunity anyway. This is called "bracketing the market" and it could happen very often with advanced pattern formations.
Both patterns are valid, but the yellow one is in accordance with the major daily trend and it's completing right at the broken resistance that could act as support so in that case you could also shoot for extended targets hoping for a trend continuation to the upside.
If you want to share your viewpoint or ask questions, feel free to comment below.
Otherwise, see you in the next chart!
I don't care if you go up or down, i will trade anyway!Hey guys,
if you are familiar with harmonic pattern you'll know there are two Gartleys setting up on AUDCAD.
A bearish one and a bullish one, so we have a decent opportunity anyway. This is called "bracketing the market" and it could happen very often with advanced pattern formations.
Both patterns are valid, but the yellow one is in accordance with the major daily trend and it's completing right at the broken resistance that could act as support so in that case you could also shoot for extended targets hoping for a trend continuation to the upside.
If you want to share your viewpoint or ask questions, feel free to comment below.
Otherwise, see you in the next chart!
A Bearish Gartley Pattern on AUDUSDSometimes a small victory is what you need to keep you in the fight.
EUR.CHF - Daily Chart AnalysisMy basic daily chart analysis of EUR.CHF into next week.
I will be updating this pair through the week on the 4hr and 1hr TF.
