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Sixoneeight

TRIANGLE PATTERN Buy EntryHere are 5! entry confirmations for this Trade 1. Price tested A .618 fib level on the 4hr 2 Beautiful Morning star candlestick at the bottom of entry 3 Final data point of triangle pattern 4 price Retested Structural support Zone 5 Gbpjpy is in a solid uptrend Tp Was calculated using fibonacci From the Bottom of the current wave to the second major pullback of the wave. Let me know what you think Of this setup and/or what you think Gbpjpy will do! Would Love to hear your feedback! Also Check out that Double Triangle Formation Highlighted in the Idea! Lets See this Trade Shoot to The MOON! ENJOY! :)
Long
by BeautifulTiger
1
USDCHF AB=CD- At point CFrom the chart, price is at 78.6 level. There is some structure to the left. One the one hour chart there is clear divergence. Scrolling down to the 30 min chart there is a break of the trendline. A safe entry would be a stop below the structure. For a tighter entry, then one that is a few pips below the lowest low that price painted. Risk difference is 14 pips and 30 pips. Profits would be at the at the next level of structure for TP1 and TP2 at the 1.27 extension. Risk reward (with 30 pips) is 4.5.
Long
by UnknownUnicorn3974120
EURJPY AB=CD at point C.AB=CD pattern is being painted by Price. Weekly trend is bearish Daily shows a strong bullish movemen which has retested the consolidation zone. The price has not made it to the larger 61.8 level, finding a position in between. From the one hour time frame there is a clean AB=CD retesting the previous structure. The trendline has been broken. There is also a Star formation (key reversal pattern) I have not seen any divergence. However a reward of 113 pips is possible. Entry below the bearish candle stick would risk 8 pips if stop loss is placed around the structure level, or 40pips if at 61.8 level. (1:2.8 & 1:7) depending if you are conservative or willing to take a tighter entry.
Short
by UnknownUnicorn3974120