Simple bearish cypher in a downtrend with a 100 EMA candle rejection, entered at market bit higher than the normal entry point for the cypher. Keep it simple, and focus on the process Twitter: @JeanC680 Jean
Looking for an opportunity to get involved in this downtrend move got a very nice potential Gartley formation coming right at structure. But this time the market gave me another signal that stick to my trading rules in order to enter in this position, we got a double bottom at a very psychological number of 101.000 with RSI divergence, so in this trade I'm...
Nothing fancy here, just normal support/resistance rules with few bonuses What i do like of the setup is the 100 EMA acting as resistance, and the .618 retracement of the last impulse leg coming right around too. Nice divergence overbought in the RSI forming a double top, let's see. Keep it simple, and focus on the process Twitter: @JeanC680 Jean
AUD has been trending very nicely to the upside but now we are approaching to a spot of resistance. We have a Gartley formation with an AB=CD move as a plus. Notice that also we have structure looking left and a descending trendline that until now has been respected. If the Gartley pattern completes, it may create a "fakeout" on that trendline. Going to keep an...
Just a bear bat formation completing around structure level, also there's another resistance point looking left. Keep it simple, and focus on the process Twitter: @JeanC680 Jean
Very clean ascending triangle pattern for potential breakout and gap close. Careful, earnings tomorrow after market close. Keep it simple, and focus on the process Twitter: @Jeanc680 Jean
We formed an AB=CD move that completed right around the 1.270 ext area, and that makes us think that the market is moving in a harmonic and structural way. Then we got our double top with RSI divergence first top being Overbought, and that got me interested in the setup. Looking for an opportunity to enter short in this market found a potential Gartley that...
This time i'm looking to enter short in this pair, as it brokedown previous structure support. Found a potential opportunity with a down trendline retest and also a Gartley formation completing around the same level. (White lines are a AB=CD measure movement that completes around the same area too) Let's wait and see what the market gives us. Keep it simple,...
During my night analysis before the next trading day found two potential opportunities for tomorrow. We got a Bullish and also a Bearish potential Cypher completitions. (Review your data on the B leg of the Bearish Cypher to see if it meets your rules) Now, what i'm predicting is a move all the way up to the Bearish Cypher to retest those 1.1050ish area and then...
This is why i like this chart. Since the begining of the year the EUR has moved a LOT in some pairs, so far so good nothing last forever, and price need to breath. I'm looking to capitalize in the correction of this very bullish move. Following the trendline from December 10th we can see that the price did respected it very well, now we are in a place where we...
I wanted to join the trend long ago, but, coulnd't find any opportunity that fits into my trade plan. This one presents a different story, we got a potential great looking bat forming just at the previous structure level, also we got a AB=CD pattern completing in the same area as the 1.618 ext from C-B leg. Great looking RR if we enter just @0.886 retracement,...
Looking at the chart we can see a clean Bearish gartley completing in the R1 Pivot area and also the trendline that can be draw from the highs of august. Also notice an ABCD pattern that completes just in the 1.618 extension from BC gartley anchor points. I'm planning on scale my position and hold it for few days/weeks. Let's see how this works...
Looking at this chart, seems very interesting to me. I can see a potential bat pattern completing in the 187.38 area. +1 If we take our next lower high and draw our fibs retracement you can clearly see it touching the .786 retracement that triggers our potentially butterfly pattern alert, it also completes in the same area as the bat pattern (I do only trade...
Got caught in the news had my short at the .886 retracement and my stop above last structure. On my historical data the pivot point is just at .886 so i take that as a plus in my analysis. Also had the 200MA as support another plus. AUD has been pretty bearish so let's see. What do you guys think? Good luck.
For those who not took the breakout last week this maybe could be a good opportunity to hop in a trend continuation trade. If we see the movement of the price the support that now became resistance is just in the .618 retracement. It could be a good move to enter short in that area looking as first target the last low, and a posible down move to the 1.272...
Just a simple bullish gartley pattern completing D @188.110, looking for an opportunity to get involved in a short position before the D legs get completed. We're comming from a nice uptrend move so maybe its time for bears to join the game . 50 MA is angling down and didn't been broken yet. We'll see in the few days ahead.
Since the 222 gartley pattern didn't completed and gave us a nice rally of the price, our fibo bring another opportunity but this time little bit higher than the gartley. Completing the deep crab in the @121.06 area looking to enter short and hold till the .382 retracement of the leg to be the first target. My stop just above the last resistance. If this deep...
I think that the EUR is finding its consolidation area, and its going to rebound at 1.06117 that was previous resistance and support level. Im aiming that the bounce its going till 1.06426 in the fib retracement. Im not a professional trader but i want to know what do you guys think about it?