Hey all, Here we have a just completed large Cypher pattern at market on EURGBP 4H. In line with underlying market trend and looking for .382 & .618 Fibonacci targets of C-D leg. Using a 113% stop loss which doesn't give us a 1:1 R:R on T1 however with positive expectancy above 60% this doesn't effect profitability - plus T2 will make up for it! Fibsii Team
Bat pattern completion at D leg. Market seems to have some support at the 1.47 even handle, so good buying opportunity to hopefully scoop up some profit. Certainly on my radar today.
I will be buying this pair up. I believe we will see this pair go very high up long term so I will be looking to trail my stops up.
Alert for trades against opposing pairs!!! Already in progress but likely retesting before going long... Good Luck! KEEP THE RADARS UP!!!
There is a shorting opportunity on the AUDJPY. based on how this one plays out. We can determine if the pair will continue lower for the remainder of the month.
USD/JPY Bearish Gartley Pattern almost complete. Sell on 1.272 level, letter D. TP:500 pips
Bat pattern completion at the D leg. 1hr timeframe so i use 20 pip stop. There is also, for some of you, a potential gartley that formed inside this. I marked the x leg with an arrow. I personally wont trade this because my rules for a gartley do not allow the C leg to touch the 88.6% retracement of the AB leg.
275+ Pips BUY from (D) PRZ Good Luck! KEEP THE RADARS UP!!!
potential perfect bearish cypher on NZDUSD when price reach D point @0.7585 stoploss closing above 0.7337 takeprofit @0.7098
A Bullish Cypher Pattern is almost complete, waiting for it to reach the letter D (1.272 level) to go long. Good luck to everyone who get this trade!
NZDUSD broke the high. It is good to wait for a retracement to enter long with the trend. A harmonic pattern can potentially form giving us a great entry with low risk. Trade with care.
Hey guys, Here we have an at market Bat pattern on EURGBP. This is a 1H pattern against underlying trend but remember to follow your rules. Will be shooting for a fixed 382 and 618 target on these. Gives us a pretty good RR too.
Hey guys, in case you don't know this is an harmonic advanced pattern formation that often times occurs in the markets. It is called Gartley pattern and it's made up of 5 different points all responding to certain criteria. The final D point is at the 1.27 extension of the AB leg and you can trade it both by placing your order on that level and waiting for price...
Possible gartley forming. If that gets stopped out then there is another long opportunity with the bat pattern. Hopefully can get in on one of these in the morning.