Advancedpatterns
GBP.USD - Bullish Bat Setup - 1.2371On the GBP.USD 1hr 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 1.2371 & 1.2346
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 1.2550
Stop loss would be placed below X leg structure support .
Target 1 - 1.2453
Target 2 - 1.2502
EURJPY trying to go for bat pattenr formation the previous bat pattern got violated after reaching stop loss
the currency pair are trying to form the current form of another bat pattern
forming a potential of shorting
as per the showing chart going long now as per the chart showing
and after the D completion let we will go short for retracement of .382 level
Gartley's coming on AUDCADHey guys,
i bring to your attention this kind of harmonic pattern that's completing right now on this chart, it is called Gartley.
Its completion point D is right around the corner. Orders set.
Stops above X, targets at the .382 and .618 of the AD leg.
Feel free to write below for any matter.
Otherwise, see you in the next chart!
USDCAD EW Count: Looking for Bullish ImpulseHey traders, we're coming up on a speech from Janet Yellen. I'm expecting some volatility - and if bullish past the entry point I want to be long for the reasons below. I entered last week on a zig-zag completion which stopped out at breakeven as the retracement sank deeper into a double zig-zag correction. SL is placed below invalidation level. Keep in mind, we could also see a deeper retracement, so this entry is cautiously bullish and only if the previous resistance is pierced. Happy trading.
Bullish Bat Complete
Ending Diagonal Complete
Previous Bullish Impulse in Wave-(a)
Support at Previous Wave-(2)
USD.CAD - BULLISH CYPHER SETUP - 1.3029On the USD.CAD 1hr chart we have a potential long opportunity's at the D leg completion of bullish Cypher setup.
The price reversal zone on this pair is between 1.3029 & 1.2980
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 back into 1.3180
Stop loss would be placed below X leg structure support .
Target 1 - 1.3099
Target 2 - 1.3141
Bat formation on GBPUSDHey guys,
today i want to share with you an harmonic pattern formation that i think may be interesting in the next days.
On the GBPUSD we are consolidating and ususally when this market condition occurs there are a lot of patterns that appear on the charts.
Make sure your stop is below X, and targets could be set as i illustrated above, at the .382 and .618 retracement of the AD leg.
Good luck!
If you have any kind of questions, feel free to comment below.
Otherwise, see you in the next chart!
EUR.USD - BULLISH CYPHER SETUP - 1.0534On the EUR.USD 4hr chart we have a potential long opportunity's at the D leg completion of bullish Cypher setup.
The price reversal zone on this pair is between 1.0534 & 1.0453
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 back into 1.0750
Stop loss would be placed below X leg structure support .
Target 1 - 1.0647
Target 2 - 1.0716
USD.CHF - Bullish Bat Setup - .9915On the USD.CHF 1hr 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 .9915 & .9904
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 .9992
Stop loss would be placed below X leg structure support.
Target 1 - .9950
Target 2 - .9972
USDJPY Bat formationHey traders,
one of my entry techniques that i use the most. It is an harmonic pattern called Bat and it's about to complete.
Make sure your stops are above X, and targets at the .382 and .618 of AD leg.
Good luck!
If you have any question, feel free to comment below.
Otherwise, see you in the next chart!
Backeting USDCAD w/Advanced PatternsAs I am getting ready for my live trading room on you tube, I came across these setups on USDCAD.
This is probably my favorite thing about advance patterns, and that is; bracketing the market.
The bearish cypher will potentially complete @ 1.3190 and the bullish bat will potentially complete @ 1.3090.
Now if you trade advanced patterns, you can set your buy and sell orders along with your stops and targets and wait for one to get triggered. Awesome setup here and definitely one I will be keeping an eye on.
IF you would like to join us in the trading room, here is the link: www.youtube.com
If not, Good Luck and Good Trading!