NZD.USD - Bullish Bat Setup - .6757On the NZD.USD Daily chart we have a potential long opportunity's at the D leg completion of bullish Bat setup.
The price reversal zone on this pair is between .6757 & .6670
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat setup placed at the .382% and .618% retracement of the A to D move.
There is also an opportunity to look for extended targets at .7328
Stop loss would be placed below X leg structure support.
Target 1 - .7034
Target 2 - .7207
Advancedpatten
AUD.USD - Bearish Bat & Cypher Setup - .7265 & .7253On the AUD.USD 1hr chart we 2 potential trade opportunity's at the D leg completion of Bearish Cypher & Bat setup.
Bearish Bat Setup ( Blue ) - D leg completion .7265
Target 1 - .7224
Target 2 - .7200
Bearish Cypher Setup ( Grey ) - D leg completion .7253
Target 1 - .7217
Target 2 - .7195
Bearish Bat Setup: Stop loss would be placed above X leg structure resistance .
Bearish Cypher Setup: Stop loss would be placed above X leg structure resistance .
EURJPY. BEARISH BAT PATTERNHere we have a beautiful high probability bearish setup
A nice bearish Bat pattern
Potential Minor price rejection at 126.000
Potential target 1 under the Major price at 119.610
Trade safely guys !
(For me, trade will be taken if price goes outside the Bollinger bands & RSI overbought/sold)
GBP.AUD - BEARISH CYPHER SETUP - 1.7098On the GBP.AUD 1hr chart we have a potential short opportunity at the D leg completion of bearish Cypher setup.
The price reversal zone on this pair is between 1.7098 & 1.7141
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Cypher setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets at around 1.6947
Stop loss would be placed above X leg structure resistance .
Target 1 - 1.7034
Target 2 - 1.6994
USD.CHF - BULLISH CYPHER SETUP - 1.0240On the USD.CHF 1hr chart we have a potential long opportunity's at the D leg completion of bullish Cypher setup.
The price reversal zone on this pair is between 1.0240 & 1.0217
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Cypher setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets back into 1.0307
Stop loss would be placed below X leg structure support.
Target 1 - 1.0271
Target 2 - 1.0290
GBP.JPY - BULLISH CYPHER SETUP - 140.595On the GBP.JPY 4hr chart we have a potential long opportunity's at the D leg completion of bullish Cypher setup.
The price reversal zone on this pair is between 140.595 & 138.498
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Cypher setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets back into 146.934
Stop loss would be placed below X leg structure support .
Target 1 - 143.596
Target 2 - 145.447
EUR.JPY - Long & Short Opportunities 121.997 & 123.408On the EUR.JPY 1hr chart we 2 potential trade opportunity's at the D leg completion of a bullish Cypher & bearish Bat setup.
Bullish Cypher Setup ( Grey ) - D leg completion 121.997
Target 1 - 122.458
Target 2 - 122.746
Bearish Bat Setup ( Blue ) - D leg completion 1.2726
Target 1 - 122.746
Target 2 - 122.331
EUR.JPY - BEARISH BAT SETUP - 123.409On the EUR.JPY 1hr chart we have a potential short opportunity at the D leg completion of bearish Bat setup.
The price reversal zone on this pair is between 123.409 & 123.628
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat setup placed at the .382% and .618% retracement of the C to D move.
There is also an opportunity to look for extended targets at around 121.874
Stop loss would be placed above X leg structure resistance .
Target 1 - 122.747
Target 2 - 122.323
EUR.AUD - BEARISH BAT SETUP - 1.4787On the EUR.AUD 4hr chart we have a potential short opportunity at the D leg completion of bearish Bat setup.
The price reversal zone on this pair is between 1.4787 & 1.4880
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat setup placed at the .382% and .618% retracement of the C to D move.
There is also an opportunity to look for extended targets at around 1.4192
Stop loss would be placed above X leg structure resistance .
Target 1 - 1.4512
Target 2 - 1.4346
EUR.CHF - Bullish Bat Setup - 1.0663On the EUR.CHF Daily chart we have a potential long opportunity's at the D leg completion of bullish Bat setup.
The price reversal zone on this pair is between 1.0663 & 1.0622
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat setup placed at the .382% and .618% retracement of the A to D move.
There is also an opportunity to look for extended targets at 1.0939
Stop loss would be placed below X leg structure support.
Target 1 - 1.0792
Target 2 - 1.0874
GBPJPY a potential 1400 pip moveWhile breaking down the GBPJPY I noticed that price has broken and closed above 2 daily Structure levels. Thus, giving my the idea that price could in fact go higher. As I went down to my trading time frame of 60m I noticed a potential bull bat setting up. To learn more about how I will be taking advantage of this potential move of 1400 pips I creadted a youtube video. Go check it out! youtu.be