Trader-Mick

Trader-Mick

A bearish Bat pattern found in hourly chart.

Trader-Mick

Bearish Cypher pattern found in Hourly chart.

Trader-Mick

A trend continuation sell setup for nzdusd, We have found a Bearish Bat pattern and it may complete at 88.6 and can reverse from there and form a new Lower low.

Trader-Mick

Hey Traders! We have a very good structure resistance here where we can have a Ab=CD completion at 1.272. Trend may continue to create series of Lower lows.

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In oder to forecast future cycles, the most important thing is to begin right, for if we have the right beginning, we will get the right ending. If we know the cause of the effect there can be no doubt predicting future event of effect. WD.GANN. So far, according to studies of Jeanne long, The silver has repetitive price patterns when the Venus and Jupiter...

Trader-Mick

Potential reversal point could be seen at the moment: the Gartley has completed and we do not have a downtrend confirmation yet. 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 market. Guidelines 1. Never close a trade without a reason....

Trader-Mick Updated 

We meet the bearish Cypher pattern in Gbpusd in hourly chart. We have the uptrend violated by a New structure low. Potential sell could be seen at the pattern completion area. 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 market. 4. After...

Trader-Mick

Expecting a false breakout and then a resume in trend to the C structure of the Cypher. 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 market. 4. After a trade has been place. Think like you are viewing the market through a prism....

Trader-Mick

Potential buy trade after the false breakout. Anticipating a resume in trend afterwards. 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 market. 4. After a trade has been place. Think like you are viewing the market through a prism....

Trader-Mick Updated 

Active sell @ CMP GBPAUD. We could expect the price to reverse and create a new Low. 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 market. 4. After a trade has been place. Think like you are viewing the market through a prism....

Trader-Mick Updated 

Possible downtrend continuation from now after the pattern completes.We could except the market to create a new LH or a retest of lows. It can be a false breakout and then a resume in trend but if it respects the Lower high then it would be a prominent sell. Unbreakable Rules 1. Never add to a losing position. 2. Never risk more than 5 percent of your trading...

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Good potential buy here in GBPJPY with a good RR. Market retesting the previous structure. Stop loss is minimum but reward is huge.

Trader-Mick Updated 

After having a series of lower lows we are anticipating a downtrend setup using the bat formation.

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After we have seen a good crash after the news are could anticipate more of a downtrend coming soon. The bearish bat could complete and could result a good sell off from that point if the market creates a lower high in the bat completion area.

Trader-Mick

We can surely question ourselves and also see the market structure: Can we hope that we can have a retest of lows or a Lower low again? Well this is the possible picture in my mind where I have a potential Bearish Gartley trade. 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....

Trader-Mick

Understanding the market structure is an important thing: We have a bullish Gartley setup here in H4 Time frame. Price May reverse from the pattern completion area.

Trader-Mick Updated 

Look what we have here. Maybe it was tough to find it. We still have a valid strong weekly trendline and just top of it we have the perfect gartley pattern with the perfect ratios. Now its the time to think whether you would hit long or would say nah, i will be waiting for a short. I am not listening to anyone, I am going long again. I am 50/50 again. I may win...

Trader-Mick

For a longtime We have seen this pair trading sideways so I thought of looking at it in bigger picture, What clues the market left with us: It seems UJ can create a lower high which can be a Bearish Bat completion and a bearish trend continuation if We do not violate the previous Lower high.