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1hr

XRP still inside a symmetrical triangle pattern on the 1hr chartThis big 1hr chart symmetrical triangle pattern is still valid. We also know that symmetrical triangle patterns are continuation patterns so if we don't climb back into the 1 day ascending bull pennant pattern but the 4hour inverted h&s pattern ends up being a dud then odds are good it is this 1hr symmetrical triangle pattern is the most valid one which means we will more than likely break upward from it eventually. Also some bullish news today about the Fed being open to suggestions on things to utilize to speed up payments in the U.S. hinting that xrp may become adopted by the fed.
by DrDovetail
4
GBPJPY Potential ShortPotential short opportunity. - Daily chart previous structure supporting idea - Structure has put in a lower low - Currently in retracement from previous resistance level - Price needs to push into yellow area and show some form of reversal. - RSI looking on track to overbought. - Yellow area = to .5 - .618 FIB Retracement level. - Enter on valid reversal Daily chart supports structure resistance level. H4 showing pull back in process with a clear lower low structure
Short
by JoeyMvc
GBPUSD - 1H BAT 4H CYPHER - ADVANCED PATTERN POTENTIAL Hi Traders, we have 2 potential advanced patterns setting up on GBPUSD Keep these on the radar and look for entry opportunities. If your an aggressive trader then make sure to front run your orders as we know the markets can easily hit entry and roll over to targets if your not prepared. As always Entry, Stops and targets on screen. BAT D completion looking very close to the even handle 1.28000 These patterns will be invalid if we break below the BAT A Leg - or for the Cypher if we close beyond the 141.4% Fib Ext I will also update these patterns if we get closer to the D Completions, as price action moves around we may also form Gartley Enjoy and happy trading
Short
by Oztrade
USDJPY - POTENTIAL BAT PATTERN OPPORTUNITY - 1H ADVANCED PATTERNHi Traders, Just thought to get this one posted for those who trade this pair, advanced patterns and this time frame. As always Entry level on Screen with a potential reversal zone. Targets would be conventional 38.2% - 61.8% retrace of our CD Move - targets to be adjusted on D Completion or unless stops are hit first. Stops always below X Level. And should be moved to break even if Target 1 is hit. This pattern will be invalid if we break and close beyond the A Leg or if we violate the X Leg. Make sure you follow your own rules and don't trade this unless its in your portfolio, always use your own rules of engagement. Enjoy and happy trading.
Long
by Oztrade
5