Hey Traders Its been a minute since my last post and i just want to share with you a possible bear cypher on my radar this monday on the GBPUSD things are not looking pretty for patterns lately but this is the journey of trading that we all expect and prepare ourselves for. plan your trade, trade your plan Cheers
good day everyone we are seeing now on the raddar on 4 hrs EURUSD a potential gartley pattern its a positive thing also that the RSI and stochastic are overbought waiting now for a lower low to enter and get 200 Pips as per the chart showing . be patient and happy hunting
Do you guys think it is a valid Gartley pattern ?
As price consolidates between the 382 & 618 retracement of the bigger bat pattern X @ 1.1341 IF price rallies up inot the 127 ext we would get a bear gartley Stop above X T1 @ 382 of A to D T2 @ 618 of A to D
Looking @ the 1hr price has put in a lower low lower close and has tested previous structure. As Price retraces out of previouse structure we have a potential bear bat setting up her on the 15m IF price can rallie up into .73330 level Stop above X T1 @ 382 of A to D T2 @ 618 of A to D
We also have a potential bear cypher setting up here on thw 1hr. IF it completes I will be looking to take T1 @ the 382 roll my stop to BE & look for T2 @ the completion of the bull bat I shared moments ago. Stop above X T1 @ 382 of C to D T2 @ Bull Bat Completion
A bullish Cypher is finishing on EURUSD 1H, RSI diving into oversold territory provides an argument for a LONG entry. T1 @ 382 of CD leg, SL below X. Previous structure suggests possible better entry at around the 886 retracement. Solid price action leads to pattern completion. Took the CD leg on structure and candle signal, waiting for price to hit entry level
A bullish Cypher pattern coming to a finish on NZDUSD 4H. Took the CD leg with target @ 786 retracement. Previous structure suggests a better entry near the 886, however rules are rules and are used for specific reasons. T1 @ 382 of CD leg, secondary target @ 618 nearing previous structure resistance (inside). Overall uptrend on this pair plays for a favorable...
Bullish Cypher coming to a finish CD leg on an overall uptrend on USDCAD 1H. I´m favoring T1 @ previous structure high considering the trend, stops below X, RSI entering oversold territory.
A Cypher potentially coming to a finish on NZDJPY 1H currently on a pullback of the CD leg. Fib extensions and previous structure suggest perhaps a trip to the .886 retracement but entry is @ .786. T1 @ .382 of CD leg moving up stops once it is reached. Risk Reward is not fabulous but it´s in an upward overall trend.
A Cypher finishing on NZDUSD 4H. Previous structure high 30 pips above .786 entry spot could prove for a better entry and reversal. T1 on .382 (B Retracement is previous resistance, could prove a good support test before continuing to T2) and T2 on .681 CD leg. RSI divergence on overbought with price action losing strength to the upside.
An odd looking Gartley but a Gartley nonetheless is finishing on EURUSD 4H chart. A Bounce on the .786 XA leg would also begin the CD leg of yet a larger Bearish Gartley. Structure lows provide good argument for LONG entry along with an RSI entering oversold levels. C point coincides with .382 retracement of AD leg and is also previous structure high giving a good...
Potential Trend Continuation Trade. Multiple reasons for entry and I will take profit at the 127 Extension which is the completion of an ABCD Pattern and an area of Prior Support/Resistance. Let me know what you think.
Entered on June 10th. Another Potential Trend Continuation based off of market making a new structure low, hitting resistance at a 38.2 Retracement, and showing Bearish Divergence as well. Take Profit at the 127 Extension which is an area of prior Support/Resistance
A Bullish CYPHER pattern coming to a finish on CADCHF 1H. RSI sliding toward oversold territory favoring a LONG entry. First target @ .382 retracement of CD leg. Previous structure lows around .74638 could provide a slightly better entry just below the .786 retracement level.
A Bat pattern is coming to a finish on CADJPY 1h. First target @ .382 retracement of AD leg. However, previous structure lows could provide better entry a bit below the .886 XA retracement @ 82.356 to 82.206. Price action around those levels will signal a better entry perhaps. RSI is heading into oversold territory supporting a LONG entry.
A Gartley coming to a finish on EURCAD 4H. First target @ .382 retracement, Secondary @ .618. Decent R/R ratio. RSI coming into oversold favoring a LONG entry @ around 1.43201.