#GBPUSD Plan For Consolidation Phase-Use Patterns To Take Profit#GBPUSD Plan For Consolidation Phase-Use Patterns To Take Profit, we have 2 patterns now. One for long entries and other for short.
Vikinsa
#USDCHF Prev Pattern (Long) Creating Another Pattern (Short)USDCHF as we observed (see related idea) had a pattern completion and we went long in the anticipation of 38.2 Fib level which has not reached yet. The market has created a 50% retracement and now could be forming a bearish at pattern completing right where we have our long position target i.e. 38.2 (0.97917). We can add to the long position when 0.97438 is broken or we can plan a short position again from 0.97917
#GBPUSD Another Bearish Pattern Forming UpIf 1.32826 level is broken then we have this pattern where we can either start or add to short positions.
#GBPUSD - Watch 38.2 Fib For Short & Long - Weekly AnalysisHi Traders, GBPUSD has been falling down after test of 61.8 fibonacci level but that is expected because of completion of a harmonic pattern. The last bound was from 38.2 fib level of this pattern and now if that level is broken, we can expect to move towards 50.0 or 61.8. At 50% we have confluence of 200SMA, trend line. So we must watch that area for taking profits on short trade and going long.
Please like, follow and share if you find value in this analysis video
#EURUSD Positioning For Huge Rally - Top Down Weekly AnalysisHi Traders, In this top down weekly analysis we see where EURUSD is going and what has been causing to reverse at various points. We also see how Fibonacci plays out in the market along with other factors such as trend lines, support and resistance, moving averages. We look at how to identify W and M patterns and use then accurately with fibonacci ratios on multiple time frame for accurate entry, stop and exits.
Please like, follow and share if you find value in this analysis video.
AUDUSD Waiting for 0.693-0.69 Level To Go Long AgainAUDUSD Waiting for 0.693-0.69 Level To Go Long Again after Long Position Target 1 was achieved . This time we can target Target 1 and Target 2 both.
The entry zone is between 0.69300 and 0.6900
GBPJPY Long (120 Pips) Cypher/Short (180 Pips) Structure BreakHi Traders, GBPJPY has 2 opportunities right now. One is Cypher Pattern play for long positions which can give us 120 pips. Then we have break of structure play downward which can give us 180 Pips. We need to be careful as this is weekend and we have news expected. We should have stops wider in such cases if we want to jump in.
Please feel free to comment or ask questions. Give it a like if you found it useful.
How To Plan Plan A Trade With Fibonacci Ratio ConfluenceHi Traders, In this video we will look at How To Plan Plan A Trade With Fibonacci Ratio Confluence. Fibonacci ratios are most powerful tools with they are used in right manner. We can use them in all sorts of market conditions and asset classes. Fibonacci confluence creates harmonic patterns and gives us very good reward risk ratio. The best thing is the possibility to pre-plan and quantify a trade with high accuracy.
Please feel free to comment or ask questions. Hit the like button if you found value in this post. Thanks! :)
Trading Consolidation Profitably In Forex Markets With FibonacciTrading Consolidation Profitably In Forex Markets With Fibonacci and Harmonic Patterns (A Fibonacci Confluence Tutorial)
Hi Traders, In this videos we look at how to trade consolidation periods profitable using fibonacci and harmonic patterns. Apart from using support and resistance, trend lines and channels, we can use the power of fibonacci ratios. Best thing about fibonacci ratios is that we can pre-define targets or make a fairly accurate prediction about market's move. We can can quantify trades in advance. Fibonacci is one the main tools that I use in my confluence trading. Fibonacci is the first tool that pick to start my analysis.
Feel free to post your comments or ask questions. Sorry I ran out of time so I will create another part. If you find this useful please Give it a like and share with fellow traders.
Like, Share and Comment.
Thanks
USDCHF Testing a trend line, forming a bat pattern, bullish?Traders, please at first, support this idea with your Like and any Comment, thanks.
Analysis:
USDCHF has been falling hard and is still downtrending. However a long term weekly trend line had just been crossed. Last week the market closed below it and it is possible that it may try to rest it.
However we also a bat pattern completing in the blue zone.
So possibility is:
1. Another bearish day on Monday to go to that blue zone
2. Come back up to restest the trend line and get Bat Pattern target at 38.2 Fib Retracement.
------------------
if you like the idea please put like button, this will be the best thanks.
If you have any questions or trading ideas you can post them in comments!
Thank you for your support, I appreciate it.
------------------
AUDUSD This Level Can Give Us 100-200 Pips - Weekly AnalysisHello Traders, Here is my weekly analysis for the pair. Let me know in the comment section below what you think about the analysis or if you have any questions. Hit the like button if you find it interesting or valuable.
USDCHF This Zone Can Give Us 100 PIPs Soon - Weekly AnalysisHello Traders, Here is my weekly analysis for the pair. Let me know in the comment section below what you think about the analysis or if you have any questions. Hit the like button if you find it interesting or valuable.
EURUSD Gearing Up For 155 Pips Or More Move - Weekly AnalysisHello Traders, Here is my weekly analysis for the pair. Let me know in the comment section below what you think about the analysis or if you have any questions. Hit the like button if you find it interesting or valuable.
Trade Confluence Zone On EURAUDTraders,
There is a confluence region in the blue zone. The weekly trend line is broken. So now price can either go up to retest the trend line and then fall into the blue zone or go to the blue zone directly. Either way we can take a long position with 38.2 FIB as profit target. Overall this pair is destined to go down in medium to long term.
------------------
if you like the idea please put like button, this will be the best thanks.
If you have any questions or trading ideas you can post them in comments!
Thank you for your support, I appreciate it.
------------------
EURUSD Another Opportunity To Add To Long PositionsEURUSD Another Opportunity To Add To Long Positions:
If Price reaches this confluence zone, we have good opportunity to go long.
However it must first invalidate ALT Bat pattern 38.2 Fib level @ 1.11190
Confluence of:
1. ALT Bat Pattern 61.8 retrecament target @1.10643
2. 4h Cypher Pattern 78.6/127.2 @ 1.10740
As the EURUSD is shifting its trend, we are looking for full targets and roll up.
GBPUSD Long and Short PositionsAs expected, a rally has come and the price has broken to the upside to test 200SMA on weekly timeframe.
However it is not done yet. It needs to go to 1.13 Fib Extension for Alt Bat Pattern to complete. Hence we can buy a dip for a small Long position.
Our original analysis to short at the completion of ALT Bat Pattern is still intact.
EURUSD: are you ready to add to your long positions?EURUSD: are you ready to add to your long positions?
I have added a partial position and will add more if the trend line is tested.
GBPUSD A possible short entry on completion of ABCD PatternGBPUSD A possible short entry on completion of ABCD Pattern
1. ABCD Pattern
2. Trend Lines
Target can go up to 1.29302 i.e. retest of trend line
AUDUSD complete analysis (Part-3)AUDUSD complete analysis (Part-3):
1. On higher time frame a potential Bat Pattern Could Be Forming which can give us very good long term targets
2. The entry can be in the blue zone
3. First Target(T1): The String Trend Line that I mentioned in Part-1
4. Second Target(T2): Last Highs around 0.69236
5. Extended Target(T3): 1.618 Fib Extension of BC leg
