2618 Trade
EURJPY - Possible 2618 TradePrice has recently tested a zone of support looking a daily chart.
4h timeframe shows that price formed a double bottom at this level.
Price might retest 61,8% Fib level before it keeps rallying all way up towards 132,328.
Entry at 132,114
Stop Loss at 131,420
1st Target at 133,084
2nd Target would be at 132,328
NZDUSD BuyNeckline has broken, we can expect some upside move.
find any pullback to the neckline or using 2618 strategy to get into trade
AUDUSD Buy SetupPrice Rejected at 61.8 level confluence and created double bottom.
we can use 2618 Trade setup or wait the price pullback to the neckline to take long position.
EURNZD Shortsupport found after downside movement.
we can re-short on pullback to 61.8 level to use 2618 trade setup or when price retest previous structure.
GBPCAD 2618Price complete double top. and now we can expect price to retest the neckline.
we can entry on 61.8 level confluence with neckline area. or expect ABCD Pattern
Bear Cypher Opp with Bearish 2618 optionSometimes strategies come in multiples. If one strategy doesn't complete, there may be one inside the other. In this case, The Double Top formed which triggered a series of moves that formed the advanced Cypher Pattern on Price's bearish descent. As this pattern formed, the 2618 was already an expectancy following the Double Top. As much as I want that Cypher, I can easily settle for the 2618 if price action doesn't fill the advanced pattern above.
Bearish Double Top OppWith a bit of RSI Divergence, this retest of structure may be signs of a bearish opportunity to sell. By executing a sell at market price, I'm looking forward to riding this to the structural targets indicated.
NZDJPY BuyPrice break trendline and correcting.
we can put buy on break flag correction or using 2618 strategy.
previously we have doube bottom and bullish divergent.
2618 building up! (video attached!)Hi guys,
if you want to find out why am i looking to short this market, you can go ahead and watch my weekly videoanalysis (by clicking the link down below). Basically we see price is being rejected at a key structure zone and therefore we can utilize this technique in order to catch a bigger move toward the daily lows (second target).
If you have ideas/questions, you can comment below.
Otherwise, see you in the next chart!
2618 underway (videoanalysis attached)Hi guys,
if you want to find out why am i looking to short this market, you can go ahead and watch my weekly videoanalysis (by clicking the link down below). Basically we see price is being rejected at a key structure zone and therefore we can utilize this technique in order to catch a bigger move toward the daily lows (second target).
If you have ideas/questions, you can comment below.
Otherwise, see you in the next chart!
AMD, Another 0.618,2618, and inside day combination
One month ago I posted this trade on TradingView and it became one of the most powerful education material for 2618 trade;
This time the 2618 looks even more significant, and it could be another chance to long.
Noted that whenever using inside bar as confirmation entry, a 1:1 1st kick of the inside bar itself is a MUST.
So there are actually 2 trades possible: 1. inside bar breakout 2. 2618 entry right here.
A higher winning percentage needs a larger room for the stock to run and means less position and longer duration;
A great risk-reward ratio with smaller risk allows larger positions and faster result, while it could be stopped out more often.
Both are meaningful but they are at the 2 sides of a scale, so find a good equilibrium and a most suitable way for yourself is more important.
2618 on AUDJPYHi guys,
this is a crucial zone on AUDJPY and i was monitoring this specific price level because we've had multiple structure points on the daily.
Therefore i was looking for a buying opportunity, since the overall trend is bullish. When i went on the hourly chart i noticed a double bottom formation followed by a break of structure to the upside.
This gives me reason to believe we're heading higher, and i entered at market with stops below the lows, and targets as shown.
If you want to ask questions or share ideas, feel free to comment below.
Otherwise, see you in the next chart!
AUDNZD 2618 price complete entry point for 2618 trade setup.
if price going further, we can use bat pattern for another entry
USDCAD hourly cypher pattern and 2618 combinationUSDCAD has a cypher pattern and 2618 combination long opportunity.
My strategy is to wait for a reversal sign near 1.2490-1.2500 to trade, with an out @ 1.2480.
It's a quite narrow short-term trade, so 1:1 1st kick and strict risk-reward stop is a MUST.
USDJPY 2618after double top, find pullback at least 61.8 level to short.
we aim two target, stop above the double top
