Oztrade

Oztrade Updated 

Hi Traders, we see a potential long opportunity here in AUDUSD for those who trade advanced patterns. Seems to have a big reversal zone based on previous structure levels. As always Entry level, Initial Targets and Stops on screen. Could be a trade where we use Lower time frame for some more signals. Unless your an aggressive Cypher Trader then your entry...

Oztrade

Hi Traders, for those who trade trend with fib based confluence, AB=CD or channels and waves. We see as the USD Gains strength others fall. But for how long? Be good to watch this zone and see how the market reacts. Im sure many traders are already watching this pair There are some important structure levels looking left as well which may add to a potential...

Oztrade Updated 

Hi Traders, this may be one to keep on your radar. After performing analysis on this pair which I trade, if we break structure and continue upwards I would be looking to take this shorting opportunity on a Cypher Pattern. I have chosen the higher Anchor/Impulse leg for this analysis, it brings us closer to the major 50.0% Retracement. This provides us better...

Oztrade

Hi Traders, I just want to use this time to touch base on a few things, first and foremost all of my technical analysis is by no means a signal service. I post up my analysis for those who trade their pairs, time frames, patterns, or can use this analysis which may add to probability for their own personal strategy/system. The biggest problem in trading with...

Oztrade

Hi Traders, just thought to post this one up, here we see 2 Advanced Patterns beyond the 88.6% Completion. I would recommend keeping an eye on GBPUSD to see for potential reversal, depending on how you use other pairs in your analysis. We have hit a very important level with fib confluence 1.272 - 88.6% - we also have AB=CD Move completion at this point. No...

Oztrade Updated 

Hi Traders, just thought to post this up for those who trade Gartley - a potential long opportunity with a very good Risk Reward seen as we have such a Deep AB putting the potential reversal zone so deep. Things to keep in mind, we have a lot of support at this level if you look left - the support is also above the X leg support level. If resistance breaks this...

Oztrade Updated 

Hi Traders, here we have a potential long opportunity. The pair is showing signs of being bearish however we looked to have what appears to be a complex pull back on both sides, first is our Bearish trend making new structure low with the outside return or pull back, normally we would see sellers coming on board for trend continuation - how ever we managed to form...

Oztrade Updated 

Hi Traders, I have published this pattern prior. Just wanted to revisit this pattern we have had a break and close below our B Leg. Also things to look for at the potential reversal zone. We don't necessarily need to enter in the 88.6% but my rules say aggressive entry on all Cypher and Bat for this pair. But what adds to our predictions for probability for...

Oztrade Updated 

Hi Traders, I posted this last week just quickly onto another chart without any details regarding the trade. More so just something to keep on the radar. For those who are long on the small 1HR cypher like myself, we always look ahead. Either the small cypher will hit targets or price will drop. Either way if it hits targets and drops we have this opportunity. If...

Oztrade Updated 

Thought to get this one up - we have a nice GARTLEY here with the 78.6, 1.272 and ABCD all falling within a close zone. I personally dont trade this pattern. But thought to publish this one As always enjoy and happy trading.

Oztrade Updated 

Hi Traders, just thought to get this one posted up. As we see price action forming a Cypher price action didnt close beyond the 1.414 Fib Ext from our XA Move As always Entries Initial Targets and Stops on screen. Keep in mind FOMC is due later and can have a big impact on movement, if your rules say not to trade during this period I would be wary on taking...

Oztrade Updated 

Hi Traders, just thought to post this one up. As we see bears selling at the levels and bulls coming back on board. Be quite interesting to see which way we go from this area. Either way if price falls to an Flag completion - buying up the Cypher would present a great opportunity. If price goes upwards we still have the Valid BAT I dont trade flags or anything...

Oztrade Updated 

Hi Traders, as we see a lot of times during consolidation periods. Multiple opportunities of Advanced Harmonic Patterns forming and the best way is counter trade them until we get a break out. The only issue is we don't have a clear direction most times on if will price go up or down. Either way we trade everything with no subjectivity unless your rules say...

Oztrade Updated 

Hi Traders, just thought to get these 2 Cyphers up on a chart individually, here is the small Cypher Pattern which we see has hit our entries. For those who aren't involved, things to look for is a Retest of our D Completion Zone. If you manage to get involved it will increase your R:R if we tested below the 78.6% As you can see the R:R now for TP1 TP2 is...

Oztrade Updated 

Hi Traders, thought to get this analysis up for those who trade this pair and things we have going on, I have already published the recent 4HR Big Bat Pattern. As price action climbs towards our 88.6% Entry level, we can see some other things forming at the moment. Price action is just sitting at our 1.272 Fib Ext from both the Cypher's X Leg to A leg, and also...

Oztrade Updated 

Hi Traders, just thought to get these patterns up for those who trade this pair - a good entry level would be in the killzone of the 78.6% or 88.6% Level. Depending on if your an aggressive pattern trader and which pattern you trade. As always Entries, Initial Targets on Screen - targets will need to be adjusted when we have a D Completion. Stops moved to break...

Oztrade Updated 

Hi Traders, here we have a Cypher pattern with the XABC Leg formed - as always entry, stops and initial targets on screen. Targets to be adjusted on D Completion - Pattern will be invalid if price falls below C Leg before D completion - or if we violate the X leg which ever comes first. Lets see if we pass the B Leg and hit entry. Enjoy and happy trading

Oztrade Updated 

Hi Traders, thought to get this one up for those who trade this pair, time frame and pattern. Keep in mind this is by no means a trading signal only posting the patterns I trade in my portfolio. As always its good to keep in front so we dont miss our opportunities and if this helps those who trade these patterns then its all well worth the effort. I have...