AUDUSD Cypher bearish 4h at key levelA clear Cypher pattern setup, wait for the price action to confirm that move.
Mimson_ideas
AUDCAD Bullish '222' Gartley PatternA bullish '222' Gartley pattern is forming with entry point D resting exactly upon the trendline.
FX_IDC:AUDCAD
Entry point : 1.0061
Stop Loss : 1.0007
Take Profit 1 : 1.0136
Take Profit 2 : 1.0182
USDCAD Bat bearish patternThere is a BAT pattern setup with very nice reward/risk ratio (>2)
The market already reached the entry point and now the trade is profitable.
Wait for a Double Top in lower time frame and short.
CYPHER BULLISH before the crude oil inventories number releaseAfter taking profit from the (two-in-one) AB=CD bearish pattern setup, a Cypher pattern has been formed and is the right moment to take a 1/1 risk/reward ratio. Stop Loss placed 10 pips below X (key level structure)
Cypher pattern bullish | RSI oversold | key structure levelThere is a Cypher pattern formation with D point on a key structure level if you look left.
risk/reward=1
USDJPY potential AB=CD bullish So far the pair is moving nicely and according the technical analysis, there is a potential bullish AB=CD formation and a possibility for correction at that level. Be aware
Pumb and Run reversal Top - Break out formationAnother Pumb and Run reversal top formation, look how massive is the break out after the retest
EURUSD Amazingly identical market move !Look how identical is the market moves inside the 2 boxes!!!
EURGBP - Cypher pattern - 3 pattterns in a rowYesterday we took 27 pips from the 38.2% retracement after the Gartley completion, today market formed a crystal-clear AB=CD with 30 pips already in profit and waiting for the second tp at 61.8% retr.
Next move is the completion of the Cypher pattern at 0.8533.
Trade with care
NZDJPY Cypher pattern - break below and retest channel trendlineIf market break the channel there is a potential Cypher pattern forming above previous structure.
The TP point will also be the retest of the channel trendline, so a sell setup
EURAUD bullish Bat FormationA bullish Bat is forming with entry point above previous structure, in a level with fib confluence
AUDCAD bearish CypherPotential Cypher at previous structure, it will also meet 200 EMA
RSI will possible go overbought at that point
EURGBP potential Cypher patternMarket is moving to the completion of a Cypher pattern, this may lead to the retest of the trendline for continuation of the upward move, Brexit uncertainty moves exclusively sterling so if a new poll on Monday gives more votes to Brexit, market may skyrocket!
EURUSD potential ButterflyIf the market extend and form a higher outside return, there is a Butterfly completion alongside a AB=CD completion at 1250. So far this pair provide us a lot of summetrical moves and maybe is going for one more.
USDCAD Potential Pattern formationsWe have consolidation between two major levels and patterncompletions exactly at those levels, so very good reasons to short or long at those levels.
NZDUSD break out of the channelThere is a potential AB=CD
If a retracement-retest occurs I will buy it
GBPNZD Scenarios1) AB=CD pattern completion at 1.1960 (1st chance to short)
2) Possible BAT patttern at the same level -also a DT (2nd chance to short)
3) Break of 1st minor trend line (3rd chance to short)
4) Break and retest the mayor trend line - We are in an uptrend so maybe the pair to check the mayor trend line and continue upward
Each trading setup has different rules about the TP targets and SL so make sure you follow them
USDCAD Bullish GartleyA bullish gartley pattern formation, above 1.310 (strong monthly resistance level)
Great opportunity to long
AUDJPY ScenariosEither Upward or Downward there is a plan
Note: this pair has a lot of symmetrical AB=CD pattern formations
EURUSD REPEAT ITSELFIt seems history is repeating it self.
I consider the retest a good opportunity to short.
Technical analysis: break out of trentline and retest
Fundamental analysis: Yellen's hawkish tone for rate hike, Brexit uncertainty
NZDCAD - BAT NZD is in strong uptrend, on the other hand CAD's downtrend remain intact with the uptrend in Oil, which it seems right now is sitting to breathe.
Thus the completion of the Bat pattern with the big divergence at the bottom give us the opportunite to long this pair
GBPUSD - BAT PATTERN - nice risk/reward ratio Sell at 1.4318
1st target --> 1.4231
2nd target --> 1.4177
