The EURJPY is in a downtrend since November 2014. After a pullback we now expect price to make new lows in the market. Our selling signal is triggered after a retest of the lower trendline. Learn to trade Harmonic Patterns at www.plantotrade.com
The EURCAD is in a downtrend. Price for the last days consolidated to form a Descending Triangle that is an indicator for a further push to the downside.
Learn to Trade Harmonic Patterns at www.plantotrade.com The GBPNZD just broke the lower Trendline and now retests the privous price level. A good opportunity to get involved in the trade. We expect price to move down to retest the previous swing low level.
A good opportunity to get involved in a Bat-Pattern Trade. As always the profit targets are set at the .382 and .618 Retracement of the A to D point. Learn to Trade Harmonic Patterns at www.plantotrade.com
Learn to trade Harmonic Patterns at www.plantotrade.com Just a quick idea. The Cyphern Pattern just completed it's point D.
Learn to trade Harmonic Patterns at www.plantotrade.com The USDJPY currency pair stayed in an uptrend till June 2015. Since then price is pending in a range, making slightly lower highs. There is potential momentum to the downside. The major resistance level + potential bat pattern is giving the trading setup a high probability chance to participate in the market.
Learn to Trade Harmonic Patterns at www.plantotrade.com Trade Management Pattern: Bat Symbol: CADJPY Date: Tuesday, 17th of November 2015 Timeframe: 60M Entry-Point: 93.07 (Limit Order) Stoploss: 93.30 Take-Profit 1: 97.57 Take-Profit 2: 97.27 Description: The CADJPY price action rallies again into previous resistance zone, which was reached on the...
A Gartley Pattern almost completed at a Minor Resistance Level. Take Profits are at the .382 and .618 of the A to D Point. The stoploss is right above the Resistance Level. Both Targets (2 Positions) can be traded, after Target 1 is hit move stoploss to breakeven. Learn to trade Harmonic Patterns at www.plantotrade.com
From March on the EURUSD Daily stayed in a Range after strong momentum to the downside occurred. The Bat Pattern completion gives us a high probability chance to take the trade. The Minor Resistance Level gives us further confirmation. So all in all a great opportunity! Target 1 is at the .382 Fibonacci Retracement of the A to D Point Target 2 is at the .618 of...
Learn to trade Harmonic Patterns at www.plantotrade.com Trade Management Pattern: Cypher Symbol: AUDUSD Date: Tuesday, 17th of November 2015 Timeframe: 60M Entry-Point: 0.7140 (Limit Order) Stoploss: 0.7162 Take-Profit 1: 0.7114 Take-Profit 2: 0.7098 Description: The AUDUSD Trading Idea is a high probability trading setup, because of the minor...
Trade Management Pattern: Cypher Symbol: GBPJPY Date: Tuesday, 17th of November 2015 Timeframe: 60M Entry-Point: 187.31 (Limit Order) Stoploss: 187.72 Take-Profit 1: 186.72 Take-Profit 2: 186.44 Description: The GBPJPY pair experienced a bull market and found resistance at the 187.50 level. Therefore the Trading Idea is a high probability trade. Target 1...
Trade Management Pattern: Cypher Symbol: GBPJPY Date: Tuesday, 17th of November 2015 Timeframe: 60M Entry-Point: 187.31 (Limit Order) Stoploss: 187.72 Take-Profit 1: 186.72 Take-Profit 2: 186.44 Description: The GBPJPY pair experienced a bull market and found resistance at the 187.50 level. Therefore the Trading Idea is a high probability trade. Target 1...
Trade Management Pattern: Butterfly Symbol: EURUSD Date: Monday, 16th of November 2015 Timeframe: 60M Entry-Point: 1.0681 (Limit Order) Stoploss: 1.0661 Take-Profit 1: 1.0738 Take-Profit 2: 1.0772 Description: The EURUSD pair stayed in a Range for the last couple of Days. The Minor Support Area at the 1.0673 will be used for our stoploss. The Trading...
Trade Management Pattern: Gartley Symbol: EURAUD Date: Friday, 13th of November 2015 Timeframe: 60M Entry-Point: 1.5252 Stoploss: 1.5149 Take-Profit 1: 1.5149 Take-Profit 2: 1.5086 Description: Price Action on the EURAUD acted the last days in a tight Range. The Entry-Point is close to the Resistance-Level of the Range. Therefore the Trading Idea of the...
Price Action recovered after a drop into the 0.700 zone. If price reaches entry point the stoploss will rest above the 0.7220 resistance level. The take Profit will be at the 0.618 Fibonacci Retracement of the AD Leg. Pattern: Butterfly Symbol: AUDUSD Date: Friday, 15th of November 2015 Timeframe: 60M Entry-Point: 0.7190 Stoploss: 0.7225 Take-Profit 1:...