Bearish Bat Is what we see in the H4 supply zone. Possible price reversal around the Red zone. Profit taking will be to the 38.2% of CD leg. Rsi looking Overbought. Good possible time for reversal.
Lower timeframe bat formation within the Bigger timeframe bat. 1)We have the 2618 trade setup ( Structure broken, wait for price to reverse at 61.8) 2) Higher timeframe potential bat. 3) Lower timeframe poiential bat. We have potential reversal chance around the zone area, Regards.
Even when all the stars are align the market never fails to listen to it. This is a live process where we can understand that nothing works perfect. 1) AB=CD ( Time = Price) 2) Garltey 222 3) Bat Lets see what happens.
AUDUSD looks in a mark up phase. Looks bullish currently to 0.73150. So what next? I will be looking for a sell in shorter timeframes probably I will see on the pullback. Stop loss place should be 0.7404 Where the resistance meet and the Take profit should be the near Structure support. Good luck.
Audusd shaping upside to form bearish bat and potential reversal zone is marked in red horizontally lined up with structure to the left.
Soon an end to Bullish cypher pattern. fixing the positions.
Eurusd looks to complete the bearish bat pattern as it did in eurjpy. RSI is overbought which is a good indication that market is loosing out of gas.
After a upward surge for the past 6 days Audusd still showing up momentum but finally looks meets the distribution zone which is the supply zone. We came up with Bearish Gartley pattern and we have possibilities of downtrend to 0.71150 alteast.
We have got news coming within minutes. We will sure see some violent moves. I want to trade this Bearish Cypher pattern if it completes. I will enter at 1.09549 and set my stops at 1.09970 and target to 1.08707. We have a new structure low followed by a lower high, as we are trading the Cypher pattern, Its based on false impulse trend. So If I am saved by the...
Uptrend installed, Bat pattern completion around 0.72954.
After installing an uptrend there is an opportunity to take this long trade @81.733 targeting 82.179 with stops at 81.505 Risk Reward is sound. Expecting the market to create new highs. Unbreakable Rules 1. Never add to a losing position. 2. Never risk more than 5 percent of your trading capital on any one trade. 3. Always have a protective stop in the...
After having higher highs the market failed to create a new high and made a double top. we have a chance to take the 2618 trade setup after the violation of the V structure.
Hey traders! Eurusd still reamin bearish, however I have couple of patterns here and its the bullish bat and the butterfly. We have not yet installed a new trend. I am putting just 1% risk on this trade. I am 50/50 on this. I normally trade with the trend but I have a different feeling about this very trade since I got a cluster of support levels.
Okay guys! We see a falling wedge with decreasing volume and obviously a breakout is expected followed by a close above the trend line. I have clone targets from the open face of the wedge and also the target to that price where we have seen the first divergence. Its my target only if this trend line breaks. Thanks.
Hey traders I have got some reasons to long the pullback from 1.06028 that is the Rsi divergence and the structure support. Would like to see the price moving above 1.06744. 1st target would be the Retest of the final point of the impulse and the 2nd target is to the 1.618. Good luck
WE have an uptrend installed and we are trading with the trend using the bullish bat pattern.
Hey traders after installing an uptrend I dont mind to buy with the trend with this Bat formation. Also we could see RSI divergence. Take profit @ 1.06333 Stops @ 1.05782 Good luck!
Hey traders after the lower lows and a retest of highs we have a downtrend continuation and I am expecting the market to make a retest of lows at A structure of the bat pattern.