Get started

Advanced

Cypher Pattern on a trend continuation trade GBPUSDHey guys, this is a Cypher formation that's already completed on the hourly chart. It's in accordance with the higher timeframe trend and so i'm going to use it as an entry reason for a trend continuation trade. The black line represents the previous support that's recently been broken and that could become resistance now. Also, its completion lies right near the 618 retracement of the bigger impulse leg and the RSI has already gone in overbought terriotory. First target at the 618 retracement of AD, and second target as an extension. Stops above X. If you have any question, feel free to comment below. Otherwise, see you in the next chart.
Short
by Roker1
AMD Clear Area of SupportAMD has been on a massive uptrend, the selling off right now is nothing to worry about. At first the market reacted badly to the Ryzen but in coming days I believe people will realize how good it actually is. From a technical stand point the area's of support are between 12.92 and 12.42 AMD is trading above its 50 SMA which is widely referred to as the institutional buy/sell line, which also confirms the trend. If AMD cant hold between its support this will be the last place it can catch footing before officially turning around into a down trend. Summary: Short AMD to 12.30's Buy AMD if holds at support levels, or 50SMA Of course, this is just my own opinion, and do not take this as financial advice. Do your own research before trading stocks as there is great risk involved.
NASDAQ:AMD
by tradingwithkyle
Gartley pattern at market at Daily StructureHey guys, as you can see above in this pair price has recently created new lows, breaking structure to the downside. This tells us that price wants to go lower, therefore we can look for shorting opportunities at structure level, such as the broken support that should act as resistance once it was violated. In this zone it happens to be the D point of a Gartley formation that provides a nice short entry. Stops above the X, targets as usual for patterns. If you have any question, feel free to comment below. Otherwise, see you in the next chart!
Short
by Roker1
2
Gartley's about to complete on EURNZDHi guys, today i want to share one of my usual setup when trading. It's an harmonic pattern and it is called Gartley. It will complete at the round number (1,4601) within the structure daily zone (blue box). Therefore i'm going to buy this market if and when price will hit my entry point, with stops below X and targets as usual for patterns. If you want to ask questions, feel free to type them in below. Otherwise, see you in the next chart!
Long
by Roker1
10