UnknownUnicorn300837

UnknownUnicorn300837 Updated 

Aggressive entry on this counter-trend double top back at structure. RSI overbought on first test RSI Divergence Retest of structure Stop : 113 Fib extension of move up to first test Target 1 : 382 Fib retracement of move up (adjusted target after entry) Target 2 : 618 retracement

UnknownUnicorn300837

On my radar for this pair : a Cypher and a BAT Great risk reward ratio on the BAT which, if failed, will give a better entry price on the cypher (as the stop is a bit bigger than 100 pips, I would have had ordered placed higher than the D completion price anyway to let the trade come to me instead of forcing it and breaking my rules) Now the pair has also formed...

UnknownUnicorn300837

Price on that pair has been coming back up to retest previous structure. before slightly retracing. RSI is overbought. If price comes to retest the recent low with RSI divergence, I would need a doji candle or a Lower Low Lower Close candle to short that pair. Stop at 113 fib extension of the move up Target 1 at bottom of the double top Target 2 at previous...

UnknownUnicorn300837

As I go through the charts during my evening analysis, I saw I got filled on this 2618 that offers a good risk to reward. Price had put a nice double top with RSI overbought on first top and RSI divergence as it came to retest. I missed the aggressive entry on the retest (got a good looking bearish candle closing under the previous bullish one at the retest) so...

UnknownUnicorn300837 Updated 

Took this Cypher this morning. On Tradingview the pattern would have completed much earlier (see the funny candle above the blue arrow), but on my metrader, that wick had not reach the 0.786 retracement.

UnknownUnicorn300837 Updated 

Some trader struggle or get a bit afraid when market is consolidating. But when you have harmonic patterns in your toolbox, you can calmly embrace consolidation and make money out of it This pair is presenting us 3 potential patterns The gartley in the middle, which if failed, will offer us the Cypher a few pips down. Until then, the pair might as well fill the...

UnknownUnicorn300837

Took this Cypher last night. Aimed for only one traget as I could not manage the trade during the night. Turned out to be a 2 target winner.

UnknownUnicorn300837 Updated 

On my radar for market opening on sunday : this pair has been bearish for a while and has come to retest previous structure. Will be setting order a bit above friday's close (at previous structure) with stop at 113 Fib extension of previous outside return and target at previous low. Setup offers a risk to reward a bit higher than 1:1

UnknownUnicorn300837 Updated 

After what seems a false breakout on thursday, candlestick patterns traders have a good opportunity with a nice bearish engulfing pattern formed on friday (engulfing the 3 previous candles) Aiming for bottom of channel gives a decent 1:1 risk to reward. Second target could be at lowest close around 1,0560 for almost a 2:1 risk reward ratio.

UnknownUnicorn300837

Seeing this pair is strongly bearish I'm expecting a retest of january/march 2009 low around 1,3730, However a simple and aggressive break and close under last low gives an inversed risk reward ratio (scenario 1), A break of the last 4 days channel gives a better risk reward but still nit optimum (scenario 2), So I will be waiting for short opportunity on lower...

UnknownUnicorn300837

This pair has been strongly bullish and apparently willing to retrace to previous structure. This setup offers a great risk to reward ratio (if all setups could be like that :)

UnknownUnicorn300837

This pair offers also another opportunity here. Been strongly bearish and would expect a retest of previous low. Current price is at previous strong (that was tested several times) and friday puts a good looking doji candle. However shorting at that level gives an inverse risk to reward ratio. So will have orders placed a bit higher to get a risk to reward great...

UnknownUnicorn300837 Updated 

Had been in this bullish Cypher on the daily for a couple weeks now and price just hit target 1, am now in a risk free trade,

UnknownUnicorn300837

H1 is forming a double bottom on this pair with RSI divergence (RSI did not go oversold so not a setup I look for an aggressive entry). Will take a conservative approach and will wait for break of structure and retracement to 61.8 retracement to go long (if at least a 1:1 risk to reward ratio)

UnknownUnicorn300837

Before price broke up through the bearish trendline, it placed a multiple retest of 165 area with RSI divergence, Potential retest of broken trendline aligns with a 0.618 retracement and offers a 2618 trade with reasonable risk to reward ratio

UnknownUnicorn300837 Updated 

Had spotted that setup on one of my swing strategy but stop was too big for my rules (max stop 100 pips). Placed a sell order @ 1,0825 hoping to catch a retracement and a better risk to reward ratio on that setup. (and if no retracement I don't care if I miss the trade, it would simply show the analysis/prediction was correct anyway ) Stop @1,0875 Target @ 1,0750

UnknownUnicorn300837

Been eyeballing this one for a few days, completion @1.0130 Stop @ 1.0218 T1 : 0.9992 T2 : 0.9931 This BAT offers a great risk to reward ratio.

UnknownUnicorn300837 Updated 

Let's see how the 4hours candle closes but it's giving a nice TCT setup on my Bollinger Band swing strategy : Setup is forming at the Middle Bollinger Band, with previous candle showing a nice upper wick, and current candle strongly engulfing the consolidation that has been going on for the past 9-10 candles. Seems like this pair wants to go retest it's lowest...