CYPHER PATTERN PAIR: NZD/CAD TIME-FRAME: 1HR TRADE: CYPHER PATTERN Waiting for the market to push up a bit more to fill us on the bearish Cypher Pattern. NOTE: These are potential trade opportunities. Please re-analyse the trade before executing. Star Prosper Philip Stewart FACEBOOK: facebook.com YOUTUBE: www.youtube.com
BAT PATTERN PAIR: NZD/CAD TIME-FRAME: 1HR TRADE: BEARISH BAT PATTERN Looking at the NZD/CAD on the 1 Hour time frame, waiting for a potential bearish Bat Pattern to complete, for an opportunity to short this pair. NOTE: These are potential trade opportunities. Please re-analyse the trade before executing. Star Prosper Philip Stewart...
A PIN BAR HAS FORMED ON THE H4 CHART. STRONG DOWN TREND ON THE DAILY CHART. FALLING TREND LINE TAKE PROFIT IS SET TO HALF MY POSITION AS I THINK THERE COULD BE ROOM FOR POSSIBLE FURTHER DOWNWARD MOVEMENT. STOP WOULD BE MOVED TO BREAK EVEN.
Decline from wave ((X)) high at 0.962 is proposed to be in a triple three structure (W)-(X)-(Y)-(X)-(Z) where wave (W) ended at 0.929, wave (X) ended at 0.9457, wave (Y) ended at 0.8784, second wave (X) ended at 0.9041, and wave (Z) is currently in progress. From second wave (X) at 0.9041 high, decline in wave (Z) is unfolding in the form of a double correction...
Inspired by an indicator I found on stevehopwoodforex.com and the endless possibilities of tradingview.com I came up with this currency strength visualisation concept. *Please hit the zoom-out button once* (or more if you're feeling wild) This may look like a mess, but the last few "bars" on the chart are holding some useful information! I'm sure I'm not the...