Potential bearish move coming on FX:NZDJPY
USDCHF 3 POINT DRIVE ON DAILY CHART Will be going long around the 0.95750 mark or going short if it breaks out past it.
Been trading this down trend recently. I believe it will make a retracement which I will be trading before the eventual move down. You can see the HH's and HL's and just broke through the 200 EMA on the daily (right) to confirm the downtrend. Currently at previous support where I believe price will bounce back up to test previous support, (red line) now...
Bullish Gartley I have my eye on, on the 4HR NZDJPY chart. There are decent fib cluster levels at D leg completion and structure there too. Also there is a good chance to reach TP if it retraces due to fib cluster at TP level (0.382 with 0.618) ENTRY: 74.446 TARGET: 75.719 STOPS: 73.752
BEARISH BAT on the 4HR chart (pink) BEARISH BAT on the Dailychart (blue) if the bat on the 4hr chart doesn't workout and keeps climbing I will be looking for a reversal at the 91.57 mark for the daily chart.
Bullish Gartley on CADJPY 1HR Chart. ENTRY: 83.536 TARGET: 84.517 STOPS: 82.756 (Just below previous structure at this level) If this were to reach the D Leg, it would complete one other pattern. If the Gartley would complete and reverse back up into a bullish move it would also be heading towards a D leg on another pattern. I will attach the other 2...
Bearish bat I've had my eye on is near completion on FX:GBPJPY . ENTRY: 162.902 TARGET: 159.792 STOPS: 164.836
Bearish Cypher Pattern on the Daily chart of GBPUSD MY TARGETS: ENTRY: 1.49906 TARGET: 1.45535 STOPS: 1.52916
Possible bullish gartley on 30 minute NZDJPY ENTRY: 76.353 TARGET: 76.911 STOPS: 76.120 Happy trading and trade smart! :)
Bearish Bat on 1HR EURCAD . I believe we are about to break structure to the left and continue up for D leg completion and then return to the downtrend to perhaps retest structure for the beginning on a move upwards.
NON PERFECT GARTLEY on FX:AUDUSD 60 Minute Chart Not quite perfect but with RSI showing as oversold and a possible trend continuation it might be worth a go. I'm new to this so constructive criticism and ideas welcomed :)
After the bearish gartley we had, we now have a possible cypher entry forming. EMA's have also crossed now with the potential to move down although you must be careful if you wish to short the C-D leg as there is nothing to say this final leg will complete.
Bullish bat spotted on the daily chart on AUDCAD ENTRY: 0.9405 PROFIT : 0.9629 STOPS : 0.9236 Trade smart.
I am shorting the AUDCAD due to possible double top, RSI Divergence, Rejection on trend line structure and bearish rejection candle. There was a retrace this morning that I was counting on aswell.
With FX:NZDUSD breaking its consolidation period, I believe we will be going to test a strong structure zone and will be trying to catch it on the way down. RSI divergence supports this idea. With higher highs, high closes, you could be aggressive and ride this one the way up too, until it reaches the structure zone.