tommyb35

tommyb35

For all of you advanced pattern traders, here is a pair to put on your radar. There are currently two potential patterns setting up on the USDJPY. The first (in blue) is a potential bullish Cypher pattern that will complete at 111.47's. The Blue and Red Risk/Reward are the stops and targets for the cypher. The next potential (in red) pattern is a potential...

tommyb35

There are 3 potential Gartley patterns setting up on the EURJPY. They range from really big, to average size. Minimum stops for all should be under the X leg of whichever pattern you might trade. If you want to see my breakdown of this pair plus others, here is the link to the video I just put out: youtu.be Good luck and good trading

tommyb35

There is potential bullish cypher pattern setting up on NZDUSD. Now this comes off the back of a Bearish Cypher that not only completed, but hit both Target 1 and Target 2. This bullish cypher will complete at .68160. Minimum stops need to be below X, with target 1 at a 38.2 retracement and target 2 at a 61.8 retracement. As always, make sure to follow your trade plan.

tommyb35

There are two potential advanced patterns setting up on the USDJPY. The first one (Blue) is a potential bullish cypher pattern that has a D completion at 113.340. The second one (Red) is a potential bullish bat pattern with a D completion at 113.160. Minimum stops for both patterns need to be below X, with target 1 at the 38.2 Fibonacci Retracement and target 2...

tommyb35

although I don't count waves, this is a good example of the trend correction strategy that I use. This trade looks for the ABC correction in a trending market. The ABC usually completes at the 161.8 Fibonacci inversion of the retracement. Look for the market to fall off if it gets up to .7735. As always, follow your plan. Good luck and good trading

tommyb35

You have a potential bearish Gartley setting up on the GBPJPY. This will complete at 149.630. Minimum stops need to be above X, with target 1 at a 38.2 retracement and target 2 at a 61.8 retracement. As always, make sure to follow your plan. Good luck and good trading

tommyb35

There is a potential bullish bat pattern on GBPUSD. This pattern will potentially complete @ 1.31458. Minimum stops need to be below X, with target 1 at a 38.2 Fibonacci Retracement and Target 2 at a 61.8 Fibonacci Retracement. As always follow your trade plan. Good luck and good trading

tommyb35

I just put out a video breaking down the EURJPY. Now you can see i have a ton of stuff written on this chart, but it is a good example of planning ahead and staying two steps ahead of the market. Now we just broke out of the bearish flag pattern and we have a projection leading down to a bullish bat pattern completion. If you would like to see the video here is...

tommyb35

We have a potential bearish Bat pattern that is setting up on the GBPJPY. Now it is a bearish pattern, but we had a very nice bearish engulfing candle put in on the daily chart just a couple days ago at this level. If you also look to the left, you will see that we are currently in a major structure zone on the GBPJPY. Now this pattern will potentially complete at...

tommyb35

You have two potential opportunities setting up on the AUDCAD. First there is a potential bullish 2618 setup that will complete at .97391. Now the double bottom was put in at a major daily structure level, so keep your eyes on this if price comes back down. Then you have a potential bearish cypher pattern that will complete at .98636. Since AUDCAD has been in...

tommyb35

There is a potential bearish bat pattern setting up on EURJPY. The pattern will potentially complete at 130.06 with minimum stops above X at 130.390. Standard targets for this pattern are at a 38.2 Fibonacci retracement and a 61.8 Fibonacci Retracement. As always, follow your plan. Good luck and good trading

tommyb35

There are two potential advanced patterns setting up on AUDCAD. The first is a bullish Cypher pattern (Red) that will potentially complete at .99778. Now if you use an inverted 113 for your stop loss, you will have just under a 1:1 Risk/Reward to target 1. Minimum stops need to be below .99620 with target 1 at a 38.2 retracement (.9998) and Target 2 at the 61.8...

tommyb35

I just put out a video breaking down both of these advanced patterns on GBPUSD. You have a bearish bat pattern that will potentially complete at 1.3015 and a bullish cypher that will potentially complete at 1.2813. In the video i also cover a few different ways to enter short on a structure trade on USDJPY. If you would like to see the video here is the link. ...

tommyb35

There is a potential bullish Cypher pattern setting up on NZDUSD. This pattern will potentially complete @.68457. Minimum stops must be below X @.68176 with target 1 at .6885 and target 2 at .6909. As always, follow your plan. Good luck and good trading.

tommyb35

There is a massive potential bearish bat pattern currently setting up on the EURUSD. Now this pattern is on the Daily Time Frame, so make sure to check your risk. If you use a 1 ATR Stop, you will have 200 pips of risk. If you can handle the risk though, this is a very nice potential opportunity. This will complete at 1.11896 with minimum stops above X at 1.12989....

tommyb35

You have a potential bearish cypher pattern setting up dollar yen. This pattern will complete at 113.927. Min stops must be above X and as always follow your plan.

tommyb35

Just got short EURUSD on this bearish Bat pattern. Minimum stops need to be above X at 1.0689 with target 1 at a 38.2 fibonacci retracement and target 2 at a 61.8 fibonacci retracement. If you would like to follow all of my live trades, you can sign up for free on my website: www.bctradingsystems.com Good luck and Good trading.

tommyb35

There is a potential bearish cypher setting up on the GBPUSD. This pattern will potentially complete @ 1.25151. Minimum stops need to be above X at 1.25559 with target 1 at 1.24585 and target 2 at 1.24241. As always, make sure to follow your plan. Good luck and good trading.