trader0618

trader0618

Afternoon guys! What we have today is a bearish Cypher pattern forming on Copper -0.24% ( XCUUSD -0.24% ). Currently Im waiting for break an actual resistance (purple) line at ~2.7532 which would be a good signal for price to go around ~2.7850 (0.786) and then to short. TP’s are set on 38.2 and 61.8 of CD leg. Best trades!

trader0618

Evening guys! This time we have Shark Pattern formed on AUDUSD daily chart. The pattern has proper alignment of ratios required to validate the structure. In addition we can see a distinct divergence between the price and RSI indicator what significantly increases chances of a reversal of the current situation. TP's are set on 38,2% and 61,8% of the CD leg. Best trades!

trader0618

Hi every1! What You can see is a classic triangle with two potential scenarios. If price will be able to break out the resistance line I expect a smooth retest of the line being now our support and then rally around 1.0325 - 1.0350. If not the price should goes around a support area close to 0.9866 - 0.9850. Best trades!

trader0618 Updated 

Hi, everyone. I’d like to share with You an interesting pattern I found on GBPUSD chart. It's the bearish Gartley pattern localized on M60. The ABCD formation of the pattern is located inside a down trend channel. I expect price to respect the bottom line of the channel at XABCD 78.6% and then bounce off and go straight on to the top line of the channel. The...

trader0618

Morning guys! This time I'd like to share with You in my opinion one of the most interesting patterns last couple days. Intresting thing about this pattern is that it's forming inside the growth channel which give us a very strong context. Completion point of the pattern mark by a 0.786XAD internal retracement is converging with the bottom line of the channel...

trader0618

The AUDCAD formed this distinct Bearish Gartley pattern on M30 chart. This pattern posses a clear structure with an ideal alignment of harmonic number that define our PRZ. The profit target has been drawn at 61.8% of an ABCD pattern, which give us a potential 2.3 R/R ratio. Greetings!

trader0618

There is an interesting bullish bat pattern found on USDCAD -0.16% . The pattern's placed inside downtrend channel . The completion point (D) measured by an 0.886 internal retracement 's been drawn in the middle line of the dt channel. I expect price to bounce off that area and go around .382 ABCD as long as .500 to respect the down trend line once again.