A harmonic pattern is forming right at structure. This is a great spot to place your order because you have a good idea where to put your stops. Also, since it is at the 4H channel, it can allow a move back down to retest the lows of the channel. Long term view is bullish.
EURAUD broke the downtrend. It is now pulling back to retest that trend with an advance pattern formation. These are usually good indicator to buy. I am expecting the retest of the weekly trendline. This is a swing trade. It is better to trade in between swings as well, with the intention of buying.
bearish cypher on USDCHF ,waiting for price to reach D point to confirm CD leg short trade @1.0062 TP1 @1.0014 TP2 @0.9966
Cypher Pattern completion at 1.72052, Targets at the 38.2 Fib Retracement of the C-D leg with stops being at the 1.414 Fib Extension of the C-D leg. Bat Pattern completion at 1.71779, 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. Cypher Pattern completion at 1.69920, Targets at the 38.2 Fib...
Wait For Bullish Reversal Candle h4 Tp1 Fib 0.325 AD Tp2 Fib 0.618 AD
NZD/USD Bearish Cypher Pattern complete, looking for it to reach the 1º level 0.382
Potential Head and Shoulders Forming on the 1h char
EUR/USD Bearish Cypher Pattern almost complete. I expect it to reach the 38.2 and 61.8 levels after the pattern is complete.
waiting for price to reach D point to take short trade
Potential bat pattern on the eurjpy. Looking to buy around 121.265
Close to completion... 150+ Pips SELL from (D) PRZ Good Luck! KEEP THE RADARS UP!!!
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!!!