We could be looking at a short play early next week on the AUDCAD 240. Still a way off reaching my target area yet, but always good to chart these up and plan for your week ahead. We've had a few structure lows and are now waiting for a pull back to my area of interest. I'll be looking for reasons to go short in this area with two possibly targets in mind. Entry...
Downtrend with a pattern entry on a pull back
Price looks to be trending upwards overall. Nice pullback in to structure which may act as support. Looking for a nice bullish candle within my zone to go long.
FX:NZDUSD Short based off previous structure and potential pullback. Looking for price to pull back in to my zone drawn. Then after some bearish price action will look to enter next bar short. Risk would be ATR based, reward at previous structure.
Harmonic pattern, potentially about to be triggered into a sell 1:1.64
Trade has just been entered with a limit order, lets see how it plays out
Currently in a long cypher with targets 1 already hit and target 2 in sight. If we can hit target 2 and continue a little higher we could see a second cypher completion to get invoved in the short side. I am keeping an eye on this pair for the next few days to see how it plays out. R;R is nearly 1:1.5 Safe trading everyone
Was a bit late to share my current trade however we have a potential back to back cypher setting up. Currently in a risk free trade as we have just taken targets 1 on the short cypher trade. This was an anchor legged cypher trade rather than an impulse legged cypher trade that I got involved in. Sine we are already in a short cypher, we will not be front running...
Currently in a short cypher, looking to get out at around +132 pips, also happens that an anchor legged cypher is setting up. As per our strategy we take all cyphers, impulse and anchor leg set ups. Analysis posted on chart, keep checking for any updates
Advanced pattern i'm looking to get invloved in. Analysis and notes should be clear on chart
Cypher 4h - pattern needs to be completed before 1st March or sell limits are removed 1SL - 113 above X leg, 3 targets
EURUSD short, high test rejection, diveregence , ascending channel, sell stop and NYC trail, Need the candle to close in the lower half