Simple setup here for a quick short trade. I'm still bullish in long-term but the opportunity is good. We have a xyab and a pinbar at b point of pattern so i take the short.
Guys, very nice setup if price completes at D point. It's the Bat completion AND AB=CD. I'll take short there if market allows price to go there :) Trade with care.
Has high risk but good quality. We have a complete Cypher + Ending Diagonal (wedge) + RSI divergence ! I'm going to take my short. SL is just a few pips away.
NATURAL GAS - Simple strategy on this one. We have a nice breakout of the tri-angle : wait for pullback to structure then short ! The breakout is strong enough to hold the short bias. Sometimes we have to KEEP IT SIMPLE STUPID (KISS) when trading :)
Eurusd give us a neckline to watch. If it breaks, it will complete H&S pattern. If it bounces, it will likely go to the "kill zone" for a good drop.
EURUSD 1H - LIBRA coming soon and will give entry for those who didn't catch the Gartley entry! Sell at 2.24 ext & 618 retracement of last swing.
NZDUSD 4H - We're going to follow the trend and wait for the kill zone around 618 retracement. Bullish target good enough to take a good risk reward trade !
USDTRY - Textbook 2618 trade + potential gartley
CHFJPY is putting an harmonic show right now (term by xMammad :)) Cypher and Gartley already completed. Now it's making an inversed H&S so it could continue up, or if inversed H&S is invalidated, it may complete Bat pattern. Everything is on chart :)
GBPCAD is close to a BAT Pattern completion. We have fib confluence with 1.618 BC inv. extension. Watch P.A around the kill zone or if you're aggressive trader, just put a sell limit.
For Dax, we have a nice structure broken up that made Higher High to continue the trend. We wait for the price to come back to 618 retracement for recent swing + 38.2 retracement for bigger swing.
NATURAL GAS - Short now for a good breakout+pullback trade (SHORT TERM TRADE), as you see we have a nice consolidation zone and we wait for the breakout of consolidation to know long-term direction...
We see a perfect libra and we wait to see a break & close above strong structure to confirm long trade.
GBPAUD gives us a flag breakout, and this Gartley will give us the chance to enter at good price! Watch price action around broken trendline for short entry.
USDJPY 1H - BAT PATTERN COMPLETED @ 1.618 extension + STRONG RSI DIVERGENCE... Might be a good price to enter short.
Silver is showing us a potential H&S pattern. I'm still bullish in the long term, and this might give late buyers the opportunity to buy it at low price : IF price give us the Head & Shoulders pattern. To confirm the H&S, we see a structure that was broken down and now it pulled back. Now in retest mode.
We can see 2 potential bearish Butterflies coming soon...