EURAUD #Forex #ForexTrader #ForexTrading #ForexChartBullish Gartley forming loading up for possible longs
Advancedpaternformation
AudCad Harmonic Pattern as EntryA Bat pattern on the 60 on AudCad which because it comes at a decent support level you can use it with extended taregts rather than conventional and take as a counter trend setup.
EURAUD: Major Support & Bat PatternThe EURAUD price dropped significantly last few days and it getting close to the major support level at 1.5630. The price respected that level multiple times (green arrows) and it is more likely it will do it again. The sellers are going to lock their profits and buyers are going to step in, which will increase the price up.
Moreover, the EURAUD formed a bat pattern, which increases the probability of this trade. The price already touched 88.6 Fibonacci retracement as an entry point to go long.
T1 – 38.2%
T2 – 61.8%
EURUSD Approaching 2618 Sell ZonePreviously We looked at a potential 2618 trade set up when the EURO was finding its support. Not that we've found it price has been making its way to a proper sell zone being at the 61.8% retracement level. Currently we are stalling at the 50% level but soon to be tested again after breaching the 32.8% level on its way to the upside. The anticipation for price to reach our selling point this week is high just keeping an eye out for these levels to be tested. The outlook for this trade is highly probable just waiting for price to come back to retest the level of resistance created a few weeks ago. However if we end up surpassing these levels higher highs can be anticipated or a retest of our current structure high. Be weary and watchful while price provides for good entry but the execution is up to us.
Thanks for reading!
Feel free to like and leave a constructive comment.
Trade to Gain. Trade to Win!
Crypto Bear Gartley OPPCrypto bubble: Consolidation. That is what it means. During these consolidating(bubble) times, advanced patterns form; increasing the chance of a successful trade set up. RSI shows that there may be some more bullish momentum and retracements before this Bear Gartley is completely filled. I take profit at structural support levels.
Monolithic Bull BatAfter the successful CD Leg descent after failing to retest the stucture high on the last shoulder, this Monolithic Bull Bat pattern may be a possibility. There is also confluence with an ABCD pattern on the cd leg, and RSI is starting to show some bullish divergence.
POTENTIAL Bat Pattern in USDJPY 1HIt's good to Buy SL Below X point
Target 1 @ 113.70
Target 2 @ 114.00
Thank you for watching.
Bear Bat OppRSI is indicating a possible push to the overbought area and pattern is almost completely filled. I am looking for structural targets in the drop.
AUDUSD Cypher PatternOn the 1H timeframe a Cypher patter is nearing completion, stop,entry and targets marked on the chart.
Bearish Gartley 60 min chartfrom price action recent big move to the downside it has pulled back into structure. in doing so has formed a bearish gartley formation.
I am already live holding 2 positions. Entry was at 1.30156
stopps at 1.30347
1st Target 1.29862
2nd Target 1.29658
EURUSD - Potential Bullish CypherEURUSD is setting a potential Advanced Harmonic pattern - Bullish Cypher, that is aligned with the underlying trend.
Since we are in an establish trend, I will shoot for 2 extended targets.
Here are Entry, Stop and Targets levels:
Entry @ 1,1348
Stop @ 1,1289
Initial Target 1 @ 1,1490
Initial Target 2 @ 1,1550
Good Luck!
AUDCAD - Bearish BatAUDCAD is in an established bearish trend on 1H, so I'm looking for ways hopping on to the market.
Price is setting a potential Bearish Advanced Harmonic Pattern - Bearish Bat, that is aligned with the underlying trend.
Stops above current OR, and since were bearish with not close structures to the left my targets will be extended.
Entry @ 0.9861
Stop @ 0.9882
Initial Target 1 @ 0.9775
Initial Target 2 @ 0.9650
Good Luck!
USDCAD Potential Bearish BatThere is a series of NSL followed by Pullback(OR) and NSL, so we are in bearish trend on USDCAD 1H.
Price is setting a potential Bearish Advanced Harmonic Pattern - Bearish Bat, and I would use this bat as an entry reason to hop on that trend.
Stops above X. and both targets will be extended
Here are the Entry, Stop and Target Levels:
Entry @ 1.2979
Stop @ 1.3010
Initial Target 1 @ 1.2859
Initial Target 2 @ 1.2800
Good Luck!
USDJPY - Huge Bearish Cypher on DailyFor weeks I've been looking at the potential Bearish Cypher on USDJPY on Daily Charts, and this week market hit the entry level.
As you can clearly see the stop loss is so huge if you enter right away at completion level, so I was waiting for the market to go further in the PZR in order to get less than 100 pips stop.
Currently there is less than 100 pips and price is still in the PRZ so I've shorted it - a huge bet, but with almost 1:2 R/R.
Here are the Entry, Stop and Target Levels:
Entry @ 114.16
Stop @ 115.08
Initial Target 1 @ 112.11
Initial Target 2 @ 110.84
Good Luck!
S&P 500 - Bullish BatS&P 500 formed a Bullish Bat Harmonic pattern, and price is still in the reversal zone, so for those of you who didn't enter you know what to do :)
Targets are conventional 0.382/0.618 and stops below X
Bullish Gartley on GBPUSDOn GBPUSD I have a potential advanced harmonic pattern on my eyes - this time it will be a Bullish Gartley on 1H.
Here are the Entry, Stop and Target Levels:
Entry @ 1.2906
Stop @ 1.2881
Initial Target 1 @ 1.2936
Initial Target 2 @ 1.2954
Good Luck!
Bearish Gartley on AUDUSD 15MAUDUSD is in clear bearish trend on 15M and I've predicted that it could further continue lower once there is a valid break below current NSL.
My entry reason will be an advanced harmonic pattern - Bearish Gartley, and I will enter a bit higher from 1.272 of AB, with extended 1st and 2nd targets.
Here are the Entry, Stop and Target Levels:
Entry @ 0.7624
Stop @ 0.7640
Initial Target 1 @ Retest of A leg
Initial Target 2 @ 0.7535
Good Luck!
Bullish Bat on GBPJPY 1HI have my eyes on a potential advanced harmonic pattern - Bullish Bat, on GBPJPY 1H.
Since we're in bullish trend I will use the Bat formation as an entry reason, with extended 2nd target.
Here are the Entry, Stop and Target Levels:
Entry @ 145,35
Stop @ 144,91
Initial Target 1 @ 145,95
Initial Target 2 @ 1146,91
Good Luck!
Bearish Cypher on GBPUSD with extended targetsGBPUSD is in a clear bearish trend on 15M, and market gave me a potential entry in order to hop on that bearish trend.
Market is forming a potential bearish Advanced Harmonic Pattern - Bearish Cypher, that is perfectly aligned with the bearish trend.
Since we are in an establish trend with no recent structure level to the right I'll go for extended targets(retest of NSL and I will trail my 2nd position), with stop above current pullback.
Here are the Entry, Stop and Target Levels:
Entry @ 1,2940
Stop @ 1,2960
Initial Target 1 @ 1,2900
Initial Target 2 @ 1,2850
Good Luck!
EURJPY Bullish CypherI've spotted another Advanced Harmonic Pattern on yen pairs, this time I have a potential Bullish Cypher on my eyes, on 15M.
Here are the Entry, Stop and Target Levels:
Entry @ 127.76
Stop @ 127.24
Initial Target 1 @ 128.22
Initial Target 2 @ 128.50
Try not to overextend in yen pairs, because there is the almost the same setup on GBPJPY
Good Luck!
GBPJPY potential Advanced Harmonic Pattern - Bullish CypherOn GBPJPY, I have my eyes on potential Advanced Harmonic Pattern, and this will be a Bullish Cypher on 15M.
This Cypher barely touches 1.272 but we still have a valid C point :)
Here are the Entry, Stop and Target Levels:
Entry @ 145.52
Stop @ 144.90
Initial Target 1 @ 146.06
Initial Target 2 @ 146.64
Good Luck!
Potential Bullish Cypher on EURJPY 1HI have another potential bullish Advanced Harmonic Pattern on my radar.
EURJPY is putting a potential Bullish Cypher on EURJPY , 1H.
Stops below X leg, targets are conventional.
Entry @ 125.58
Stop @ 124.20
Initial Target 1 @ 126.83
Initial Target 2 @ 127.59
Good Luck!
