See lower time frame chart 15 year Bat pattern
Stop is too big for me at 275 pips but looking for lower time frame entry to get long
Buying a little lower than 78.6% at demand level around 0.7485 Had a lot of near miss entries lately so adding 2 pips above the level for order
Short term? Um... No. Taken profits on my Euro shorts, just entered long EURCHF this morning (NZ time) at 1.0314 Would like to go long EURJPY as well if I can find a long entry somewhere as it is at longer time frame demand and hit my short target this morning Now there is a nice gap to close which lines up (above) my predetermined target - no need to be...
Harmonic are great for trading corrections, while not perfect they offer good R:R and a decent win% AUDCHF is currently in a range that I have been playing on both sides, right now I am currently short based on the bat pattern and taken T1, orders are set to go long on the bullish cypher just below This happens quite often on any time frame, so it is just...
Long term pattern Stop as is is huge at 250 pips + but will be looking for reasons to buy in the zone Preferred level is 0.8200 or just above AB=CD from March 2015 + multiple Fibonacci levels clustering at same price point Pattern formed over 2.5 years so will be a slow grind, but could offer nice R:R as first target is at least 500 pips above and no REAL...
Currently short and looking for 1.1670 final target but a valid buy pattern is here... Longer term view unchanged as you can see in these earlier posts on same pair
Looking for some large moves coming soon.... Interesting the fib projections line up with long term levels Ideally want a retracement of the current run which may continue a while longer based on the Dixie DXY but want to try and buy around 1.5290 for a low risk long to run up to at least 1.6530 level and possibly up to test the 1.7040 but I suspect that will...
Major fib cluster with harmonic bat confirmation Going to buy at 89.50 to 90.45 looking for a larger swing up and nice R:R trade, first target 3.2:1/ final target 9.6:1 on this timeframe Will scour lower time frames when in the zone to look for lower risk entries and look to build position in zone for longer term swing up Short term USD weakness so USD pairs...
There is 250pips left to the downside till we hit a major Support level Bullish gartleys 11505 and 11465 for a nice long zone Stop and reverse long from my previous bearish posts here: Lovin' it... Other USD pairs likely to keep rallying... big picture is saying SELL USD
Not going to take because of FOMC risk and being asleep but if it is there in the morning then I might have another look Do not want to trade till the news is out... and the dust settles
Just stopped out for a loss on the prior Bat pattern, but reshorted again right now based on longer term bat pattren Trying to stay neutral - tough when you just lost money - but it is a clear pattern and my #1 rule is I must take all of the patterns I see... so here goes nothing..!
Eurostoxx50 Daily Bullish Gartley into bearish Cypher Playing both sides... seems to be VERY similar to DAX/ Ger30 both have similar patterns on multiple timeframes up to the monthly charts Just be careful with FOMC tonight, it is a bit of a wildcard along with the Grexit could shake things up!!
Dax Daily Bullish Bat into Bearish Cypher Chart a bit messy because a lot going on, but basic premise is going long now based on 4x fib cluster level, Then looking to short at 12062, possibly holding the 2nd target till much lower Short term bullish, medium term bearish... Be careful tonight!, FOMC could shake things up a little...
AUDUSD 4hr Bullish Shark with Bullish Gartley/ Bat Prefer to buy the 0.7620 level but might do a scaled entry into it and look to scale out Would like to keep both scaled positions with a min R;R of 3:1 each
GBPCAD Daily Repost Multiple Patterns
NZDJPY Daily Bullish Bat Longer term bearish but if this rallies then will be looking to trail stop for second position fairly aggressively Sorry for the messiness this seems to happen when I have multiple patterns on different timeframes
Classic H&S Pattern, what is interesting though is the major level at 2.46 Likely to continue up trending till then - confluence of Major S/R Level + 61.8% Retracement + H&S Target Buy any pullbacks with a final target around there and it could be a nice R:R Opportunity