Maybe...maybe not! Still something to keep an eye on... 150+ Pips SELL Good Luck! KEEP THE RADARS UP!!!
USDCAD Time Price S/R Zone reached
PAIR: GBP/JPY TTF: 1HR TRADE: CYPHER PATTERN NOTE: These are potential Trade opportunities based on my own personal Analysis. Thank you, Star Prosper Philip Stewart
PAIR: AUD/USD TTF: 4HR TRADE: BAT PATTERN NOTE: These are potential Trade opportunities based on my own personal Analysis. Thank you, Star Prosper Philip Stewart
Hey all, Here is an at market Cypher pattern that has just completed. It's quite a large one so if you're trading this make sure you can handle that much risk! The Risk Reward is pretty average on this trade, but with such a high win ratio it's a trade worth taking to me. Will be looking for 2 targets to press lower into next week. Fibsii
0.77 has held up again after a 3-month bull run makes sense to reverse around here, tough resistance that has been tested 4+ times, to Buy at this point IMO we would have to maintain above 0.77500
Hey Traders, Gartley Pattern completion at 0.76989, Targets at the 38.2 Fib Retracement of the A-D leg with stops being at the 1.272 Fib Extension of the A-D leg. Butterfly Pattern completion at 0.76206, Targets at the 38.2 Fib Retracement of the A-D leg with stops being at the 1.272 Fib Extension of the A-D leg. Trade Your Plan!
Looks like the next hours or days a potential bearish cypher pattern is setting up and giving a nice opportunity to short at FX:AUDJPY . The XD 0.786 retracement right above last week's R2 pivot zone. So I'd suspect the potential reversal zone (PRZ) somewhere between last week's R2 pivot and this week's R1 pivot. Once the pattern successfully formed, check for...
1 flag/phaseline has formed already possible 2nd flag/phaseline is forming for confirmation price is currently indecisive further bullish moves expected if 2nd pattern forms
Hey all, Here we have a Bat Pattern on EURJPY getting pretty close to completion. I've drawn in the 2 target levels I would be looking to take profits being the 38.6 and the 61.8 fib retracement levels. I'm using a 113% stop on this and it's giving a great risk reward as can be seen - which is usually the case for Bat patterns. We have already pushed above the B...
The US-Dollar Index is in an intact impulsive long trend. After the weekly break of the sideways range a pull back towards the break out level or in other words around 100-100.5 zone was initiated.The possible upside breakout of the 1 ½ - year sideways range also underlines the current situation within the US-Dollar. After the Federal Reserve stopped QE 3 in...
EUR/JPY is forming a buttterfly pattern. The pattern completes a little over the 120.000 key level. I am looking to short at 120.190.
HI guys, A few days ago I posted an XABCD which, once we took out the stops, rocketed yesterday. Looking at this chart, I see current profit taking hence that's why we've stalled. Overall I see 118.000 as the big target with maybe a 3 drives to get us up there. I'll closely be watching price action and the over-so important Daily Candle closes throughout the...
Hey Traders, Butterfly Pattern completion at 80.475, Targets at the 38.2 Fib Retracement of the A-D leg with stops being at the 1.272 Fib Extension of the A-D leg. Trade Your Plan!
Hi Everyone!! On EUROYEN we have a potential Long Cypher pattern taking shape. Entry : 118.590 Stop : 118.041 Target : 119.067 Yes !! It’s a negative Risk to Reward ratio. However, from my back testing data I know that there is a High Probability of it winning. My Win/Loss ratio for this Currency Pair & Pattern is high enough for me to be confident...