Reward
AUDNZD: Trendline Break + Flag Pattern = Easy Game! 7:1 RRGreetings my comrades!~
My initial entry on a regular pullback has somewhat evolved into a Flag Pattern! No matter, its still a bullish pattern!
Using the 161.8 and 261.8 Fib level, I found two possible TPs that you can use! I'm personally going aggressive on this one since the confluence favors it, but I'm still keeping my risk small
Good luck trading my friends!
@ Market 1H Bat within a 4H Bat!Hey all,
Here we have a 4H Bat pattern in yellow which I've been watching for a few weeks. However, when we go down to the 1H chart there is an at market Bullish Bat which would bring us up to the 4H completion zone. Gives us an opportunity to run for a third target with a great Risk Reward (4.7!)
Fibsii Team
NZDUSD BatHey guys,
Just been entered into an NZDUSD Bullish Bat! A little late with the publishing of this but only recently had time to check my charts.
Entry according to my rules is at the 88.6% retracement, however of course follow your specific and tested rules. Aiming for both T1 and T2 with this, and a relatively small pattern for this timeframe so shouldn't pose too much of a risk problem for most.
Will pay attention to it and see the outcome. Any details, send us a message!
Fibsii Team,
Deep ITM Put on AMZNIt may be too late to jump in on this one, as the risk is about $20/share in option value if it turns against us.However, if you can stomach that kind of risk and have the capital, a .75 Delta ITM Put with 2-3 months of time value could win big. Today's slight rebound allows for an equivalent entry to the closing price from 11/10/2016. Trail your stop to the Red line.
Oscillator divergence supports the end of the long uptrend from earlier this month as well as an awful earnings report with supporting negative sentiment at this time (that doesn't mean it can't change on a dime). AMZN is a stock I personally avoid due to the psychology of it being an investors' "Sweethart". My personal opinion is it's one of the biggest bubbles of all time waiting to burst. Now could be the start...
At Market Cypher! USDJPY 4HHey traders,
USDJPY 4H has just put in a nice Cypher pattern. I was actually involved in this last night when the 0.786 retracement of X-C was hit, however this morning it has pushed slightly lower and is still valid. As a result, you're getting a better Risk Reward on this pattern.
Will be looking for the usual double target positions and rolling the stops from the first position to break even once target one is hit.
Keep an eye on this one!
Fibsii Team
EURUSD Bat X@1.0851Hey guys,
Here we have another potential Bullish Bat pattern forming on EURUSD 4H. Above a 1:1 Risk Reward on this pattern. We haven't quite broken below the B leg which would suggest a press lower to out D completion, however the overall bearish momentum in this pair would suggest a press down into out D point.
Will be keeping an eye on this pattern and entering when appropriate!
Fibsii Team