As you can see, this channel has already produced a Bat and a Cypher (very good ones btw), and now a Gartley is forming. For sure is not a perfect Gartley... B point is far away from the ideal .618, but it is also far away for the .786 (Butterfly B) I'll keep an eye on the price (and the very important news to come on monday). Numbers look like: Entry:...
Here a year old descending channel... 1) PA is on the top of the channel, 2) PA is touching the EMA100 (blue). 3) Stochastic is over the 80 level (K hasn't crossed D yet) and starting to turn. 4) Hidden Bearish Divergence. Everything points to a trend continuation trade. Very important news on the Dollar side, tomorrow and Monday morning. Another pair to...
This guy completed inside a descending channel, but last 3 days PA has gained a strong bullish momentum (gaining +200 pips) and sentiment on the Pair is Bullish (according to those who know about it) So I'll keep an eye on it to see how it behaves. With the projected D point, numbers look like: Entry: 1.30253 SL: 1.31800 TPs will be at Fibonacci levels Inside...
This raising channel already gave us some nice pips a couple of months ago... now there is a nice bounce on the lows with a clear Bullish Hidden Divergence... I'm keeping an eye on it... K is already crossing D (for those how like to enter on this condition)... I think I'm gonna wait for the lower level to be crossed or PA reaching the .236 retracement at...
I've been looking at this bug since November... last 4 days all xxxJPY have been dropping steadily, so it does not look like a long opportunity... but what do I know about markets? What I do know, is that last 1h bar closed inside the zone... The other thing I can tell is that there are important news on the JPY side today at 6:30 pm EST I'll keep an eye on...
PA pierced the zone of this little guy, but has not close in yet. I'll keep an eye on this numbers: Entry: 1.14057 SL: 1.14430 TP1: 1.13538 (1.42 RR) TP2: 1.13217 (2.28 RR)
After the failed bullish one on Dec 6th, this bearish one appears. PA is in the zone right now. Entry: 1.13222 SL: 1.13490 TP1: 1.12852 (1.39 RR) TP2: 1.12624 (2.24 RR) As usual, do not enter blindly... go to a lower time frame, look for an entry reason, etc, etc... Good Luck.
PA is +20 pips away from point D. Actual 4hrs bar (30 mins to close) looks like its going to be a Doji... BC projection is a little bit longer. I'll be looking at it. My numbers: Entry: 113.097 SL: 112.850 TP1: 113.685 (2.42 RR) TP2: 114.048 (3.92 RR)
As you can see point B went very deep (beyond .618 but not reaching .786) PA already entered the zone... Not a perfect one, but if you find an entry reason and you want to trade it numbers look like: Entry: 76.847 SL: 76.29 TP1: 77.617 (1.41 RR) TP2: 78.094 (2.29 RR)
Another one that is just pips away to complete... very important news on the GBP side at 4:30pm EST Numbers look like: Entry: 1.70752 SL: 1.71800 TP1: 1.69327 (1.36 RR) TP2: 1.68447 (2.18 RR)
Just spotted this little one on EURCAD... PA is just pips away from the zone, so lets keep an eye on it. Entry: 1.52330 SL: 1.52735 (Conservative) TP1: 1.51763 (1.39 RR) TP2: 1.51412 (2.25 RR)
PA is few pips away from Projected point D... I know is Friday and anything can happen starting next week... but here the numbers: Entry: 128.010 SL: 127.650 TP1: 128.486 (.382CD 1.36RR) TP2: 128.779 (.618CD 2.21RR) Wait for PA to enter the zone and retrace... Cypher might become a Shark.
B point is a little high and USD has been a little bit hectic. PA has pierced the zone twice but hasn't close inside... I'll wait for a return and if it happens see how it goes. Numbers look like: Entry: 0.99783 SL: 1.0010 (very conservative, there is a Resistance zone before SL, so you can choose a lower one for a better RR ratio) TP1: 0.99342 (0.382...
It has not been a good run for the last couple of patterns, but nonetheless one should keep trying... Here this one, where PA has already pierced the zone but no bar has closed inside yet, so I'll keep an eye on it. Entry: 1.12875 SL: 1.12610 TP1: 1.13103 (.386AD 1.33 RR) TP2: 1.13281 (.618AD 2.15 RR) No Limit Orders, but waiting for PA movements on the zone...
Couple of days ago I missed a nice Butterfly on the pair by a couple of pips... hope this ones completes and behaves as the bug did. PA has already pierced the zone a retraced (as a matter of fact I made decent 45 pips trading the NFP) Waiting for the comeback and them i'll see how it goes... (week is about to end, and remember that started with a huge...
PA has just entered the zone. Waiting for the bar to close and looking at the 15m and 5m time frames. Numbers look like: Entry: 0.72407 SL: 0.71950 TP1: 0.72990 (.386CD) TP2: 0.73351 (.618CD)
PA is pips away from D. If it completes, I'll go to 1h and check for an entry reason... Large last 2 bars... (exhaustion?) so I want to check how the last one behaves in the zone. Numbers look like: Entry: 84.960 SL: 84.60 TP1: 85.450 (1.36 RR) TP2: 85.753 (2.20 RR)
As you can see, PA was already 4 pips away of D point and there are 2 more Fibonacci levels very close. BC leg is really long, almost to the max 0.886. Important news on the CAD side at 10 am (EST), so be careful, look how PA reacts and if it goes back to the zone. Numbers look like: Entry: 1.69981 SL:1.7035 TP1: 1.68927 (.386AD 2.85 RR) TP2: 1.68276 (.618AD 4.62RR)