GBPUSD has been in correction for sometime, since its seems like a triangle correction, we should wait for the fifth point E to be complete before selling.
Good morning traders!
I just got shot this CADCHF on a breakout trade. There is something that I like about this breakout and it is the fact that it lines up with structure looking left too. Meaning that a break of the pattern also means a break of the structure, and that is exactly what happened.
Just got short, little late but on the same price. I will be...
Hey Traders,
Bat 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.
I'm a little late posting this, however, if you enter now (currently price is 138.950) this will work out to your advantage as you will ultimately get a better entry and a better risk to reward than if...
Last two days have built a wedge pattern on the 60min Chart. Wait for the Breakout in one of the directions to get in.
If it breaks out to the top, stop loss is below the yellow middle line of the wedge. Target is next structure (Red line).
If market breaks out to the bottom, target is next structure to the downside (Green line) and stop loss is above the yellow...
GBPJPY Bullish Butterfly & Symmetrical Triangle Chart Pattern (Wait the breakout & Retest for confirmation)
Wait the point D to go Long (you can Short after the retest)
TP1= 0.382 C-D
TP2= 0.5 C-D
TP3= 0.618 C-D
@forex_millionaires
www.instagram.com
I'll be watching this one to see if it can hold over the 9.75 level. It had nice run on Friday and closed around the highs, will be watching for any follow through momentum in the next couple of days.
Looks like next week can start with a potential trade setup: a bullish cypher pattern in FX:USDJPY . Target 1 is the 0.382 retracement, target 2 the 0.618 retracement which gives an RR of 1:1.3 for T1 and 1:2.1 for T2.
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
