GBP/NZD 1H Bearish Bat Pattern @ 1.94475Pair has formed bearish bat pattern completing at 1.94475. RSI above the 70 confirming sell signal. ATR stops above Bat's starting point X.
Plan your trade, Trade your plan and Good luck in the markets!!
Advancedpatterns
GBP/NZD 4H Bull Gartley @ 1.88515Following bearish swing pair is now forming bearish flag pattern on 1D time frame. (see pic.below)
Inside the flag pattern pair is now potentially forming a bullish gartley , that is completing right below the trendline of the flag.
RSI is nearly oversold already so we may see it diverging at the completion of the pattern which is just excellent confirmation of patterns validity.
ATR based stops below the gartleys starting point X.
Trade your plan and good luck in the markets!
BTCUSD 1W Chart. Bullish Butterfly formingBullish butterfly pattern forming on the 1w BTCUSD chart.
NOT FINANCIAL ADVICE
Harmonics in play - CADCHF longHi guys,
long time no see. Here i am with a new simple analysis: as you can see there's a Gartley pattern on the hourly timeframe of this chart (CADCHF), and i've already entered the market long. Be careful because this is a counter trend trade and it's riskier than other ones. Always put your stop loss when you're against the trend.
If you have questions/ideas, feel free to share.
Otherwise, see you in the next chart!
DEVELOPING GARTLEY PATTERN STRICT CRITERIAWATCH OUT FOR THIS GARTLEY PATTERN LETS PUT SOME DOLLARS IN THE POCKET IF IT COMPLETES. WAIT FOR ENTRY.
Advanced Patter FormationHey Traders,
Cypher Pattern completion at 1.88490, 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 risking only 1% of your account!
Trade Your Plan!
AUD/CAD 1H Bearish Gartley @ 0.94525Very nice intraday opportunity setting up to sell in short term bearish trend . Pair has broke below the previous structure support and is now forming a potential bearish Gartley . Rule For entry- RSI must be overbought and/or diverging AND of course RULE NO.1 ATR based stops above the XA leg in case this goes wrong.
Trade your plan and have a nice day!!!! :)
GOLD STANDARD! Look to buy!Gold presenting bullish signs if it can break above this 1 hr flag. Target price is approximately $1,320.
Yellow arrows: Preferred prediction as I believe the break above flag will be quite bullish.
Teal arrows: Second scenario could see gold tag the trend line channel before making its way back up to $1,320
Started a new account with IC Markets using C trader. Account commenced on 14th December 2018. Currently running at 43% gain, 185 trades with a 70% strike rate. Profit factor is 2.02.
Please follow me on twitter @suracheFX for updated results and trading ideas.
Help me support you by following my journey and brain storming ideas to beat the market!
Bat pattern - SHORTHi guys,
very easy trade here. There's a Bat pattern completing right now on this 4H chart and i'm going short, with stops above X and targets along with Fibonacci (0.382 and 0.618 of AD). Positive note: price is in overbought and divergence conditions on the RSI below.
If you have any question, feel free to comment below.
Otherwise, see you in the next chart!
EUR/NZD Potential Bearish GartleyHi Traders,
After my analysis on this pair, I have noticed we have a potential bearish Gartley setting up at 1.7000. What makes this more interesting is we previously had a head & shoulders pattern which broke and closed below the neckline, price than retraced back up to the neckline and still failed to retest the low at 1.6713. Due to this reason my secondary targets will be for the retest of the low at 1.6713. For traders who want to take the conventional targets than your targets will be at 38.2 & 61.8, stops above X.
I urge you to take this analysis as educational purposes only and to trade this Advanced Pattern if you have backtested and now the overall performance of this strategy.
EURUSD ShortUnified Formation setting up here. Wait for the entry between D point completion and pattern invalidation level. This is an A* trade for me - meaning I will be taking 2% risk.
Based on my backtesting (2005-2018) this pattern has an average of:
- 61% Win Rate
- 1.35 R:R
- 3.15 Profit Factor (Risk $1 to get back $3.15)
- 10.9 Recovery Factor (Draw downs are recovered 10.9x faster than they occur)
Potential Bearish Bat Pattern on EURUSDEven with all of the Craziness in 2018, one of the things that still held true was...
...Bat Patterns!
And right now, you have a very nice potential Bat Pattern setting up on the EURUSD.
The completion point is at 1.1474 and minimum stops should be above X (my stops are 1 Atr above X at 1.1512.
Potential T1 is at a 38.2 Retracement of A-D and T2 is at a 61.8.
As always, make sure you follow your plan.
Good luck and good trading.
USD/JPY 60 MIN Potential bearish CypherA potential bearish Cypher is near completion If you front run your orders probably been already filled. Completion at 113.39, stops above X, targets at 38.2 & 61.8.
GBP/JPY Daily Potential Bullish GartleyFor the Daily traders, we have a potential deep bullish Gartley completing at 140.87, stops below X, targets 38.2 & 61.8.
EUR/USD 1 Hour Potential Bullish CypherHi Everyone,
Even though I stop trading over the festive seasons I still conduct my analysis to perfect my skills. This is for educational purpose only and would not advise to trade it with live capital especially if you have not backtested this strategy, it could be detrimental to your account.
We have a potential bullish Cypher on the EUR/USD 1 HR chart completing at 1.1347, Stops below X, targets at the 38.2 & 61.8.
My advice to everyone is to take this time to enhance your knowledge which will lead to perfecting your skills for next year.
Best of luck.
AUD/USD 4HR Potential CypherThis is for educational purposes only, we have a potential Bullish Cypher completing at 0.7241. Conventional targets at 38.2 & 61.8, stops below X.
Potential Bearish Bat AUD/CAD 60 minHey Traders,
We have a potential bearish Bat near completion on the AUD/CAD 60 min timeframe. Completion at 0.9648, Stops above X, Targets at 38.2 & 61.8. Please do not use this as a signal service, if your trading with live capital than you should be following your own trade plan, if you don't have one STOP Trading and for the love of God go develop one.
Potential Bearish Bat EUR/USD 1HRHope everyone had a lovely Thanksgiving in the US. I was just glancing through the charts and noticed a trading opportunity on the EUR/USD. For Advanced pattern traders, we have a potential bearing Bat completing at 1.1459, targets at 38.2 and 61.8, stops above X. Hoping everyone has a lovely weekend.
CHFJPY Cypher Pattern Setup !!!As you can see guys, Price did bounced from PRZ and then tested X Level but failed to close above it. And there's a Nice setup to enter a Short trade with a tight stop loss. Take Profit level will be as shown above...
Potential Bearish Gartly EUR/JPYWe have a potential Bearish Gartly on the 4HR chart, I will be keeping an eye going forward if B leg gets penetrated I will Set orders.
Completion at 129.70, Targets at the 38.2 & 61.8 fib retracement, stops above X. Wishing everyone a prosperous week in the markets.
Potential Bullish Bat on GBP/JPY 4HRI am currently in the AUD/USD trade I posted last night, we have a potential bullish Bat on the GBP/JPY on 4 Hr chart completion at 143.53, conventional targets at 38.2 & 61.8 stops being below X leg. Penetration of B leg has already occurred.
Potential Bearish Bat AUDUSD 4HRFor advanced pattern traders out there, we have a potential bearish bat completing on the 4 HR chart @ 0.7287. Targets at 38.2 & 61.8 and stops above X. If you view the daily chart you will also notice the completion zone is at the daily resistance level.
