VictorChia

VictorChia

Bearish cypher in H4

VictorChia

We have 2 similar patterns in chfjpy, both offering great reward to risk.

VictorChia

We have 2 gartley and a bat pattern forming in Cadchf. Which would you take?

VictorChia

We have a bullish cypher pattern in GBPUSD, pending completion

VictorChia

We have a bullish gartley pattern seen in Audusd. Price must not close above 0.9940 in order for the BC leg to be valid. Buyers can look to buy at 0.7835 should this pattern play out

VictorChia

We have a bearish bat completed at 1.062 aligning with previous structural resistance. Any sell opportunity here should be seized given that this resistance level has held twice before coupled with the bearish bat. Sellers can look at 1.054 as the first potential target should bears start selling it down once again

VictorChia

We have a ABCD completion in Cadjpy which aligns with current market high. This could be a potential double top and a catch right at the top with minimal risk and excellent reward, targeting 98.80 minimally.

VictorChia

We have a bearish cypher appearing as retracement upon a broken double top formation. Stops should be place above point X minimally with a view towards 6888

VictorChia

We have a bullish bat forming with the current trend. Buyers can look to buy off the tight PVZ drawn with stops below point X. Immediate target can be the 135 round digit which would form a potential head and shoulder pattern. Extended targets can be determined once market violates the current structural high

VictorChia

One of trades that I really look for is for some form of harmonic pattern to complement a market structure. In this case, we see that AB=CD completes at 118.7 and 1.27AB completes at 118.6 and this gives us a really nice tight confluence zone. Market structure clearly showed that being a pivotal point so bulls can definitely look to buy here. Stops to be placed...

VictorChia

An Alternative view of this pair is a bullish bat provided price hits 89.30 to complete the BC leg and does not close above 89.4. This would either give us an opportunity to short at that that zone or wait for a long at point D

VictorChia

We have a bearish bat in nzdjpy. Looking to have catch the CD leg by placing a limit order at 89.05 which should be point C if this bat were to play out. Structure appears to be supporting with the 89.05 zone being supported previously. Stop loss to be place below structure around 88.81 level. Buyers can look to ride this up to point D of the bat pattern while...

VictorChia

We have a bearish cypher pattern in place. But what makes this cypher particularly interesting is that point C is a completion of an ABCD pattern. You gotta love a setup when multiple patterns are in play, giving you a more solid case for entry. I'm looking to catch the CD leg with my entry being 0.7410 which is roughly 1.414 of XA with stop loss below the 1.618...

VictorChia

We have a bullish gartley spotted. Point D nicely aligns with 1.618 of AB giving us a high probability small tight PVZ for longs. Bulls who long here may look towards the range highs for take profits.

VictorChia

We have an ABCD completion at 89.5 with previous structure. We have nice confluence with 1.27AB and fib 6 at the same region. Sellers can target 88.50 with the view that a larger ABCD pattern plays out

VictorChia

We have a bullish bat completion at 1.9858. What is more interesting about this pattern is also an added confluence of harmonic moves. Buyers can enter at the zone highlighted targeting 2.0160

VictorChia

Bullish cypher pattern spotted in AUDCHF with market structure seen towards the left. Buyers can look to align themselves with the market structure and buy withing the zone of 0.7290 - 0.7250 with stops below point X

VictorChia

Bullish gbpcad cypher seen with point D aligning with current swing low, a structural level. Bulls can expect this level to hold with a view towards 1.85