WirmachenTrader

WirmachenTrader Updated 

Still on a heavy downtrend on higher time frames. Now looking to hop on the trend via this bearish bat pattern. Good luck and good trading. Felix

WirmachenTrader

I am looking for two different structure zones on this pair. The lower one gives us first chances to look for valid shorting opportunities. To this point we failed to retest the 61,8 % retracement, therefore the shown gartley pattern isn't activ right now. So, if we see the lower retracement I will place my limit orders to short via the lower gartley pattern. If...

WirmachenTrader

Just entered a bearish gartley pattern on AUDCAD. Looking to take off initial half of my position at 38,2 % Retracement. Stops at 0.9566. Make sure it fits your personal rules!

WirmachenTrader

Recently saw a new structure low on the daily chart. We are now retracing into previous strc. which should become resistance. The market gives us a bearish bat pattern which acts as my reason for entry. Because we expect further downside on this pair my second target will be the retest of recent lows which gives us a nice risk/reward profile. Trade your...

WirmachenTrader

Looking at USDCAD we see that the RSI is heavily oversold. I am long in the gartley pattern since 1.2837. For those traders how might have missed this pattern, you get a second chance with much better RR ratio. Remember you follow your plan! Best of luck, Felix. Website: www.ogtpartners.com Twitter: goo.gl Facebook: goo.gl

WirmachenTrader

Not too much to say about this one. Nice Gartley pattern setting up for a possible trend continuation trade. Stops and Targets as your plan says. Best of luck. Website: www.ogtpartners.com Twitter: goo.gl Facebook: goo.gl

WirmachenTrader

Just a quick Bat pattern setup on GBPUSD. Came right back into previous structure with RSI oversold. Now seeing nice divergence and a triple bottom. Shooting for conventional targets at 38,2 and 61,8 retracement of C-D. Stops have to go below X. As always, follow your plan! Website: www.ogtpartners.com Twitter: goo.gl Facebook: goo.gl

WirmachenTrader

Although I am not actively trading OIL this is a very interesting chart. From the lows we rallied right into the 50 Dollar area, almost doubled the price since February. The magenta arrows show the impulse legs. So we are right into the last start of the impulse leg from the recent downtrend. Based on the AB=CD we could predict, that the market will give us at...

WirmachenTrader Updated 

AUDUSD is still in a downtrend. Therefore we're looking to take shorting opportunities to hop on the trend. This gartley pattern gives us pattern traders a valid short. Depending on your personal rules you can either trade this pattern with conventional targets (38,2 & 61,8% from A-D) or as a TCT as shown on the chart. Website: www.ogtpartners.com Twitter:...

WirmachenTrader Updated 

Nice pattern with fib confluence on this pair. Retracing into previous support now should becoming resistance. This Pattern could be the reason to enter a valid trend continuation short. FOLLOW YOUR PLAN! Best luck in the markets, Felix. Website: www.ogtpartners.com Twitter: goo.gl Facebook: goo.gl

WirmachenTrader Updated 

Update on NZDUSD: Coming right into previous resistance which is typically a good way to look for a shorting opportunity. In this case the market gives us a bearish bat pattern at the 88,6 %Retracement from X-A. Moreover the Completion point D lines up perfectly with the 61,8 % Retracment from Swing High to Swing Low. Targets and Stops as shown on the chart. ...

WirmachenTrader

Just wanted to give an idea for possible trend continuation trades, All rules are on the chart. All the best. Felix Website: www.ogtpartners.com Twitter: goo.gl Facebook: goo.gl

WirmachenTrader Updated 

* First one is a Gartley Pattern, not a BAT* Advanced patterns work best when the market is in consolidation. A great example is the German Dax where we recently saw two advanced patterns both hitting two targets. Now there is a third possible chance to get involved in form of a bullish cypher pattern. Website: www.ogtpartners.com Twitter: goo.gl Facebook: goo.gl

WirmachenTrader Updated 

Not too much to say about this one. Everything on the chart. Best of luck. Felix Website: www.ogtpartners.com Twitter: goo.gl Facebook: goo.gl

WirmachenTrader

Broke structure to the downside and now expecting at least the test oft recent lows@ around 123.17. Just a quick idea based on the structure of the market. Make sure it fits your personal trading plan. Website: www.ogtpartners.com Twitter: goo.gl Facebook: goo.gl

WirmachenTrader

What looks like the next cover artwork for coldplay's new album are three advanced patterns, all lining up for potential bullish moves. Make sure you trade your plan! Good luck today! Felix Website: www.ogtpartners.com Twitter: goo.gl Facebook: goo.gl

WirmachenTrader Updated 

One of my favorite setups: Coming back into previous structure while forming a harmonic pattern. IN this case a bearish bat pattern. Stops and Targets as shown. This is a swing trading idea. Follow your own trading plan! Follow me also on -> Website: www.ogtpartners.com Twitter: goo.gl Facebook: goo.gl

WirmachenTrader Updated 

Went overbought on EURJPY this morning prior to London open. Formed a nice cypher pattern which completed at 122.76 Every pip above this you will get a better risk reward, Stops and Targets as shown. Targets are the 38,2 and 61,8 % Retracment of C-D leg. Website: www.ogtpartners.com Twitter: goo.gl Facebook: goo.gl