886
AUDNZD, Long @ 0.786 fib retracement. DON'T MISS IT ~Very nice trade call in our group. Bat pattern is also completing and ready to buy.
Potentially it could go all the way to 0.886 before turning so a larger stop was being used.
Trade with care and goodluck.
NZD/USD Bearish 3 Drives Pattern 30 minThere is a 3 drives completion around .6715-.6720. I'm looking to get short around .6717, with my stop at .6726. I wanna take profits at the swing low at .6675. There is also a .886 fib confluence in the kill zone. Good luck trading out there.
EUR/USD 30min Bearish Gartley patternThere is bearish Gartley setting up on the 30 min time frame for all of you pattern traders.(Completes at .786 around 1.1245 depending on how you trade patterns). Even if you don't trade patterns, there is a 1.272 extension and .886 fib confluence right into a double topping formation. Along with a one-to-one extension. On the 4 hour time frame we made a lower low/lower close. I'm looking to go short around 1.1252, stop above the swing high at 1.1270, and my target down to 1.1200 even. Price really rejected that 1.1200 area, so this could even be a potential buying opportunity. Good luck trading out there.
EUR/USD Bullish Continuation Zone 60minThis pair has been bullish in the wake of the ECB's rate cut and the increase in QE. We have nice zone (1.1215-1.1225) where we have a one-to-one confluence, a 1.618 inversion, and a .886 Fib retracement. This could be a potential zone to get long in the underlying trend. Look for price to reject this zone first before getting long. I would have my stops just below the swing low, but be aware of the 1.1200 even handle. It has acted as resistance before and could act as support if price blows through this level. I would look to take profits at the swing high's around 1.1325. Good luck trading out there.
Long at around 1.605 BAT and XOP same area= very powerfulAs you know I trade D-levels and I usually dont care so much about harmonics but this time could be quite good chance to long this chart at the shown area. The XOP alone WILL power this chart up when its reached, there is no question about that but if we get a bit help by the harmonics folk we could be in for some seruous upside :)
Enjoy
GBP/USD 60 min structure based tradeHere is simple trade with low risk high reward. Looking for price to reject the 88.6 fib at 1.5175. Wait for price to reject this level before getting long, i.e. double bottom, doji, pin bar etc. Price is running into a nice little structure area. I have two structure based targets one at the 1.5300 handle and 1.5380. Good luck trading out there.
EURUSD / 4HR / BAT PATTERN COMPLETEHello and good morning traders, I hope you all
had a great trading day yesterday.
Lot's of big moves, making way for great opportunities.
I'm looking at the EUR/USD today on the 4 hour time
frame and we've come into an 886% completion for
a bearish bat pattern.
Stops and Targets are in place, looking for a potential
move down into Target 1.
Star Prosper
Philip Stewart
BAT PATTERN Long @ 37.50Coming off 52 week highs for the identified 'XA' leg. 37.50 is clean support on both daily and weekly charts.
There is also very nice bullish momentum divergence seen on the Mac-d histogram.
Enter Long just in front of the 'D' point at 37.55
Stop Loss below 'X' point around 36.60
My initial Profit Target will be 38.75 which should see resistance with second profit target being the 'B' point @ 40.35
