Hello traders! We took a short opportunity that was successful from a bear Bat earlier while awaiting the completion of a possible bullish Gartley. The D point which will be at a minor support in this up trend presents a possible long opportunity. We will be monitoring price action at the completion of this Gartley for other confirmations. This is an idea not a...
Hello traders! We are looking at the near completion of a bearish Cypher pattern for a reversal in a minor down trend. The D point completes at the right shoulder which presents a possible short opportunity, We will monitor price action and await further confirmations for a reversal. This is a short term opportunity with three ideal targets. This is an idea not a...
FISHING FOR CRABS!!! Hello traders, this is a follow up on an idea posted earlier ideas, a bullish crab pattern finally completed. The measurements for the X-A-B-C-D met the requirements to validate the pattern if the market gives us the D point. Crabs are usually the result of a failed bat pattern and they are my favorite pattern to trade. This is shared for...
Hello traders! A Bullish Gartley reversal pattern possibly developing awaiting the completion of the D point. The measurements for the X-A retracement didn't quite meet the requirements to validate the pattern. The B point was off by a few percentages but the setup looks good since price barely broke below 129.200 before a small pullback. We may see a bearish...
Ideas are posted for educational purposes and not to be interpreted as signals. We got a completed Cypher pattern after an alternative bat. Trade smart don’t gamble!
Hello traders! We have here a potential bullish butterfly in the making with our B point near the .618 retracement, the point that identifies the pattern. Awaiting the D completion, this could present a buy opportunity after monitoring price action at the D point. This is not a signal but shared for educational purposes. Trade smart, don’t Gamble!
Here we see a possible butterfly completion. Not a signal but shared for educational purposes. Trade smart don’t gamble!
Awaiting the D point completion we see a beautiful bearish deep crab developing here. Crab patterns are considered volatile and you can expect volatile price action towards, near or at the D point. Good luck to all traders and trade smart, don’t gamble.
On the weekly, we see the completion of a bearish Cypher pattern right after the bullish Gartley. We could see a reversal here on this pair for short opportunities. Trade smart, don't gamble!
FISHING FOR CRABS! Hello traders! A deep bearish crab reversal pattern completed the D point. The measurements for the X-A-B-C-D met the requirements to validate the pattern. We also see a head and shoulder pattern which is another reversal pattern for extra confirmation... or is it? Crabs are usually the result of a failed Bat pattern and they are my favorite...
Hello traders! We see a small cypher developing on this pair and will be invalid if we see a bearish push below our C point. Right now the pattern met the measurements required and we need to see a rally to the D point for a small reversal opportunity. This is not a signal but shared for educational purposes! Good luck to all traders, trade smart don't gamble!
FISHING FOR CRABS!!! Hello traders, this is one of my weekly pre-market ideas, a deep bearish crab pattern possibly developing awaiting the completion of our D point. The measurements for the X-A-B-C-D met the requirements to validate the pattern if the market gives us the D point. We need to see a A-B retracement at least to the 0.382 for our C point before the...
Hello traders! We took advantage of a bearish Gartley while monitoring the development of the Crab. The reason we took the opportunity is because the Crab and Gartley has that precise 0.618 at the B point. In this situation, the Gartley setup was only valid because of measurements required for the pattern. We will still look for a Crab which will only change our...
Hello traders, this is an update for the BAT we were keeping an eye on. The D point completion validated the pattern and we are now monitoring how price reacts. This is also showing a right shoulder at the D point and so we will look for a short opportunity based on our own confirmations to take advantage of a 90 pip move. This is not a signal but an idea shared...
Hello traders! Following up on our dollar-cad trade,we just hit target 2 at the B point of our deep crab reversal pattern. Now we are watching this pair to see if we can take a short opportunity at the completion of this bat pattern that is possibly developing. This is still a minor up trend so it could be a small correction opportunity. The B point for this bat...
After a pullback to the X point from our Bullish Deep Crab, we see a possible bat flying in to offer a second opportunity. This could mean a stronger reversal for the minor uptrend we are seeing on this pair on the 15 minute chart. This is not a trade signal but an idea for educational purposes. Good luck traders and trade smart, don't gamble!
Hello traders, this is not a trade signal but shared for educational purposes. We are looking at a possible Bearish Cypher Pattern developing with the required measurements met so far while we await our D point. If prices exceeds the C point the pattern may be invalid. Trade smart, don’t gamble
We got our first target for 115 pips in less than 30 minutes. Crab patterns are volatile patterns and this was a prime example on the 15 minute chart. Good luck to all traders and trade smart, don’t gamble.