Little Cypher on AUD/CHF 15min Chart. AUD/CHF
Little Cypher on AUD/CHF 15min Chart. Possible more than 20 pips. Not bad for a small trade.
Xabcd
GBPJPY Potential Long Position
GBPJPY has given us a nice Gartley formation. If you're aggressive, you could enter now. Personally I either;
1. Would like to see a reversal on a lower timeframe to confirm entry
OR
2. Would like to see price action push down into the yellow target zone, and then give us a reversal.
I will most likely look to take all my profit at the 38.2 @ 150.707 If we close around that area. If we power on through, I may let it run to .618.
SL @ 147.806
Cypher on USD/JPYUSD/JPY
USD/JPY near Main Resistance. Already have a Indecision Candle. What you think? Finally we gonna have a big fall of USD after this last rising days?
Possible Cypher on EUR/USDEUR/USD
Possible Cypher on EUR/USD at 15 Min chart. Take a look after the weekend.
Bearish crab on USD/CADUSD/CAD
I don't think price will go further then the resistance (red line) . And we have a bearish crab (not my favorite harmonic pattern) but hope the direction is north.
Possible bullish Butterfly on Gold.G
- Great opportunity on Gold, bullish Butterfly is almost completed.
- When C-D leg hit the red Box will go Up.
$NZDCHF possible short at top of channel with ETP-1 PatternThumbs up and follow me for a possible short could be in play here at the top of the channel and with an ETP-1 pattern. Will need to make sure it happens in the 1.13 time extension and will check sonar but could be a possible position but will look again as price gets higher up. Should scale in too..
NZDCAD long ETP-3 pattern that will bounce at supportThis ETP-3 pattern is set to complete if price gets down to support on this xabcd pattern. Watch for the bounce :-) Show me those thumbs if you agree.
$CL long with some weak support but an RTP-2 patternThumbs up and follow along to get updates on this RTP-2 pattern on the CL. The bounce might be quick so could be worth while looking at this on a smaller time frame.
ESA: Potential CD leg forming for +9% This is further to my earlier post on ESA: Make or break it. Since then the ESA has broken down from the continuation wedge and appears to have found support on the 200-DMA which coincides with a 78.6% retracement. Given the heavy data dump coming out this week and the US heading in earnings season, I would play it on the safe side to close shorts and look for spec longs. My view is also colored by the fact that the Stoxx 50 and Stoxx 600 are also sitting on trend line support as with some of the major tech names which I have highlighted as potential shorts.
The 1Q data dump and earnings should be relatively strong given the underlying economy is doing well and the recent protectionist actions taken by the Donald will take time to flow through the hard data. Do note, this is a tactical call. The overall set-up is still negative as previously mentioned, the mismanagement from the Donald WILL eventually flow into the data and of course, an xABCD pattern which I am describing here is a reversal pattern.
EURNZD XABCD ETP-1 Pattern (both fibonacci price and time)EURNZD is showing up at an area of support. Price is strong now so we want to see it reverse within the green zone. Check out some of the other patterns i've marked in and feel free to follow me if you want more. Thumbs up for this eurnzd!
$AUDUSD is coming to a RTP-2 pattern with supportAUD is seeing price drop pretty fast so we'll have to see if this mild support will hold. There is a better level before it, but based on the time frame we could see a bounce at that level where the RTP-2 combines with support.
$EURAUD XTP-2 Pattern (Potential Long) IF Support Gets HitThis is a potential trade that has a greater probability of price NOT working out. However with this being said, IF the price was to come down this quick we could have a good potential long trade with a thin area of support on this XTP-2 Pattern.
USDCHF - ETP-4 Pattern that completed and worked outThis ETP-4 XABCD Pattern completed and worked out already but feel free to follow me and check out all of my past ideas as I"m sure you will see they create and worked out quite well!
CL ETP-1 Pattern showing potential bearish moveNot a big supporter of this move but resistance is good. Almost into the 1.41 fib time extension so the trade might not even fire off before probability runs out. Attaching a gold chart to this one too in order to see where the commodities are all going.
GBPUSD ETP-2 bullish xabcd. Move once we get down to supportThe chance of this pattern getting down to support is slim but IF this was to happen, then we know what we should all be considering. A pattern with a reversal at support is a pretty clear way to play this bounce if it happens. Attaching an ETP-3 pattern we published earlier if you want to see how it works (attached).
I've learned patterns need to complete before we trade them, but if this is to happen, then we'll keep a close eye on it.
BTC to reverse HERE at support and a reversal and ETP-2 PatternLooking for BTC to continue to call until we get to an area of support which is projected to happen at this ETP-2 pattern. The time will start once price is in the entry and looking for the reversal to happen before the 1.13 time extension. I know a lot of people might not think the BTC will get this low, but I"m saying, IF it does, this is where we could forecast a bounce.
ETP-4 pattern on the $AUDNZD dailyWith the size of this ETP-4 pattern , we're looking at scaling since the reversal area is so large. The support is in a great area so we'll be looking for price to bounce anywhere between current price and the support lows. The bounce here should be a wide area but an area that should be quite noticable and a good area to put a stop.
EURUSD Potential Resistance Short on XABCD ETP-4 PatternETP-4 pattern triggering today on the FX:EURUSD . Price could hit resistance at the same time as the ETP-4 pattern is reversing. Looks to be ranging but watch for price to be away from the attractor.
GBPAUD - Keeps up hungry for an ETP-3 pattern on this pair!Fib time ratios are met so I do like that part. Price action on the FX:GBPAUD still needs to go up to complete this ETP-3, but IF price does get above 1.8700 it could look more attractive to short.
WTI: Potential ABCD reversal to $57Crude (Brent or WTI) broke out their respective consolidation range over the last few days and are completing an xABCD pattern. If you would to pull out the weekly chart for CB11, you should be able to trace out an ABCD completion. Downside projection suggest a low teen downside target to $60 for CB1! and $57 for CL1!. Most traders are looking at inventory numbers and forgetting it takes strong oil demand to work down the inventories. If the Donald launches another round of tariffs on China and China retaliates, we can kiss the bullish demand picture good night.
XABCD pattern on EURUSD H4. Possible bullish movementEntry: 1.22619
SL: 1.22207
TP1: 1.22914
TP2: 1.23614
TP3: 1.24243
