Structuretrading
USDJPY Multiple Pattern SetupsLooking at this pair it looks like we have a few patterns setting up. Depending on what you trade we have a valid Bear Bat Pattern and Bear Gartley Pattern as well. I will be looking at taking the first to complete which is the Bear Bat Pattern. The Risk/Reward to target 1 is about 1/1.25 and to target 2's is roughly 1/2.
-Raymond Jeffries
EURJPY Bearish Structure TradeLooking at this structure short on the EURJPY on the 60m. We have a clear level of structure looking left, price has gone overbought, there is bearish divergence with a double top. With Stops above the highs we have a pretty good risk/reward even for more conservative targets above the .50's handle. If youre more aggressive you can shoot for a lower level of structure. Not looking for a big move but just some relief.
-Raymond Jeffries
EU buying to sell I have been pretty swamped so didn't get to update the charts to share.
The week started off nicely with a beautiful buy trade that never went into DD. Looking forward to seeing where price turns and riding that puppy down!
The sell this week might hold for a HTF target with MASSIVE gains. Feel free to indulge.
~Blessed Trading~
EU this week... Strength and PowersUpdating my charts for the week so far, I've missed three trading opportunities. One I stayed out of and two I slept through.
Alerts help but sleep is important. I wish I had set alerts. I'm happy to miss a couple trades if it helps keep my health up.
ps. I'm paying (by not profiting) for sleeping in though, that was a beautiful trade and my system would have gotten me a 10:1. No stress, keeping an eye out for more opportunities.
Practicing my charting, it really helps to follow my own journey and maintain consistency.
Details on chart. Hindsight is great isn't it...
Feedback welcome.
~Blessed Trading~
EURZAR on a weekly support 🦐The market after retracing till the 0.5 fib level is now putting pressure on the weekly resistance in red.
If the market will manage to break and close below the structure we can look for a nice short order according with our strategy with a huge rr.
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
ELFBTC seems bullishELFBTC seems bullish, the price it attempting to break weekly structure
According to Plancton's strategy, we can set a nice order
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.