Hey guys,
Been in this AUDUSD Bat pattern on the 4H now for a day or so following a pain-free Cypher win right before it (in green). Had some strong selling pressure here we can see from the indecisive candles, which is actually right at the 88.6% retracement (our entry point).
This is still a valid pattern as our X leg hasn't had a close above, so there's an...
The head and shoulder pattern is now complete. Now we are waiting for USDJPY to come back the the neckline. We wait for a confirmation before entering the trade.
Alternatively we can enter the trade at 117.820
Hey all,
Heres another Bat pattern formation on NZDUSD 1H chart. Actually still valid to enter if you missed this, as we haven't broken below the X point yet, so better Risk Reward if you enter now.
Hoping for 2 targets on this bat pattern and in line with underlying market trend.
Fibsii Team.
On a side note, Happy New Year everyone!
Hey all,
Here we have a 4H Bat pattern in yellow which I've been watching for a few weeks. However, when we go down to the 1H chart there is an at market Bullish Bat which would bring us up to the 4H completion zone. Gives us an opportunity to run for a third target with a great Risk Reward (4.7!)
Fibsii Team
Hey all,
Been watching this Potential Bat pattern for a while now. Recently we have had a break of structure to the upside indicated by the break of the first green box, and we are now retracing back down into it. I would now be expecting the market to again make a NSH into the bat completion zone, before rolling over for some profits. If we get up there that is...
This is a quick Cypher Pattern for EUR/GBP... sadly I was not able to publish this idea sooner for it could of helped many out. But this is still the long term pattern either way, I would recommand entering withing an hour chart or 4hour.
* I did notice after publishing that not every bar was inside of my pattern I had created. I am aware now and had totally...
Already in motion with a chance to enter coming up...
Employ your pullback or breakout strategy!
50+ Pips BUY remaining
Good Luck!
KEEP THE RADARS UP!!!
Just got some nice rejection from the recent up move!! Might be a nice SELL trade after a retest of the (D) PRZ level on this BEAR BAT pattern...
May produce a BULL CYPHER if we continue lower or a BEAR CRAB if we continue higher in the future but we shall see and I will post accordingly!
200+ Pips SELL
Good Luck!
KEEP THE RADARS UP!!!
Hey all,
Nice 4H winning Bat pattern. Didn't get chance to make a post about this but rolled over without pain to both target one and target two giving us +98 with .382 and .618 fib targets!
Fibsii Team
Potential Cypher pattern EURCHF 4H close to completion. Pay attention for .786 retracement being hit to make it a completed pattern. Looking for 2 targets both with underlying 4H market direction (bullish)
Hey all,
Been watching this USDJPY potential Bat pattern formation now for a week or so. Recently broke 3 levels of structure (green lines) to the downside indicating we will be pressing down to a Bat pattern completion! Probably looking for this to happen early next week but we shall see.
Good Risk Reward on this too if it happens - looking for target 1 and...
On the AUDUSD 1HR chart we have a short opportunity with the completion of this bearish bat pattern.
Potential targets for the pattern will be at the 0.382 (@0.7195) and the 0.618 (@0.7183) retracement of the C to D leg. The stop loss is placed above point X.
GOOD LUCK!
This is a butterfly setup that I have spotted on the H4 timeframe on GBP/USD. Its a solid retracement before going downwards. Lets see how this trade plays out. Should reach around .382 retracement and hopefully even reach 0.5 if we can get lucky.
