Koryphaeen

Koryphaeen

A trade which I will take when markets will open, It also comes at a minor structure level and the LONG trade matches with the prevailing uptrend. A very good R/R and a high probability trade. ROE on the chart.

Koryphaeen

I got filled into this trade as well. ROE on chart. After it hits target, I will go long based on bounce from the former trend resistance which got support now.

Koryphaeen

I got filled into this trade right now. ROE on chart

Koryphaeen

My EW count shows that the wave 5 on the 4h is near completion (nice ending diagonal forming) at an important resistance level (which shows nicely on the daily chart). I will look to short this pair according the ROE presented on the chart, looking for previous resistance levels for target 1 & 2. SL is shallow, because an other important structure level is right...

Koryphaeen

I am in a dilemma here, because an almost perfect Gartley pattern (the red one) already completed with D completion point retest (RSI and AO divergence as well) but another harmonic pattern is lurking there, a Bat pattern. Which one trade would you take, because it is obvious that we can take only one of them profitably, due to mathematical reasons? In these...

Koryphaeen

This is one of my scenarios based on EW count for this trade that I might take in the followings, if I will get PA confirmation which validates it. The trade is based on completion of the 4th wave (a retracement of near 50% of wave 3, and 4 didn't entered the range of wave 1) and beginning of the 5th wave (on smaller TF we can see a wave 1 and wave 2 completion...

Koryphaeen

I got filled into this trade. ROE on chart. This is the time to get involved with a better R/R, trendline resistance retest is done now.

Koryphaeen

I successfully traded a previous Bat and a little Gartley pattern on this pair. And another one is setting up in the near future, i will take it as well. ROE on the chart.

Koryphaeen

The completion point is at a confluence level of previous structure (minor) with Fibonacci ratio confluence. So it would be a great deal. ROE on the chart.

Koryphaeen

I think no much commentary is necessary, one can obviously see the power of the two longer term ascending trend lines I draw in. I think that if the lower one is again retested by PA it is a good chance to go long. If PA breaks out on the downside, which is a higher possibility, then we could have a very good chance for a short trade. This is only to show that...

Koryphaeen

This is a nice bearish Bat that is forming, with completion point D at a 0.618 fib of previous downmove. ROE on chart.

Koryphaeen

ROE on the chart.

Koryphaeen

Since I missed the ideal entry point to this Bat pattern, I will wait for a new opportunity to get involved and it may come with a small Head and Shoulders pattern or a retest of the 0.886 level, which would be a much greater confirmation of the strength of this pattern. Anyway, if it will go up a little bit conforming that H&Sh then it would have a R/R ratio that...

Koryphaeen

This is a Cypher in the making, I will look for extended targets as well, because of the longer term decline which in my opinion will result in a longer correction. ROE on the chart. Good luck!

Koryphaeen

This is a very nice Gartley pattern that completed already, so it is at market buy right now. The R/R ratio is well balanced, since usually this pair is not easy to ride because of the large risk that must be taken in pips. But now I think it's worth it... ROE on the chart.

Koryphaeen

Gartley is completed. I'm long on this.

Koryphaeen

A nice bullish Cypher is forming on the Gold. ROE on the chart.

Koryphaeen

An ideal bullish Cypher pattern in the making. ROE on the chart.