CHFJPY we might see a complete Bat pattern.Price is not long away from fib 88.6 and there by completing a bearish Bat pattern, with a good Risk/Reward. See chart for details
Advancedpatterns
A Potential Bearish Cypher Pattern on USDCADHere we have a potential bearish cypher pattern on this pair, so let's see what the market will do when/if it gets there.
Gold Hits Support LineLooks like gold just hit the support line and bounced back up, keep watching the price of gold, if it goes over the exponential moving average ( 30 ) , then you could buy the gold, otherwise don't.
EURJPY: Potential Bullish GartleyPotential bullish Gartley on 4 hour chart.
Currently looking for a break of current support to the downside before completing the pattern at the 1.3100 region, a nice round number.
Target 1: 131.963 region
Target 2: 132.558 region
Do not follow this blindly..always remember to make sure that any trade made by you needs to meet your own personal trading requirements. If it does not
comply with your rules of trade, do not trade it.
Happy trading!
JP
GBPUSD: Potential Bearish Bat Potential bat on 4 hour chart.
Currently at level of structure however room for possible movement to the upside before completing the pattern at the 1.3407 region.
Target 1: 1.331 region
Target 2: 1.32321 region
Do not follow this blindly..always remember to make sure that any trade made by you needs to meet your own personal trading requirements. If it does not
comply with your rules of trade, do not trade it.
Happy trading!
JP
Bracketing the market! Video analysis tooHey guys,
as with every week i've just released my videoanalysis where i explain my views and my potential setups for the week ahead. In this week's video i explained one of the techniques that allow you to take trades wherever the market is going to go. If you want to see that and other pairs, feel free to click on the link below.
Give me some feedback too!
If you have some questions or ideas to share, feel free to comment below.
Otherwise, see you in the next chart!
EURJPY - BEARISH BATAfter weeks of doing absolutely nothing, we've finally seen some directional movement on the EURJPY thanks to some ECB stimulus talk this afternoon. This expansion is leading price up to a previous level of structure support which also offers a potential bearish Bat formation as well.
Akil
I don't know who's more upset about the USA not qualifying for the 2018 World Cup, me, or the sponsors (Fox & Nike)
Bearish Bat PatternPotential Bearish Bat Pattern Forming
Entry @ D-Completion (149.566)
Target 1 @ .382 (148.564)
Target 2 @ .618 (147.945)
Stop Loss @ 1.13 (150.289)
Please make sure the rules for entry match your trade plan
Bearish Gartley PatternPotential Bearish Gartley Pattern Forming
Entry @ D-Completion
Target 1 @ .382
Target 2 @ .618
Stop Loss @ 1.13
Harmonic pattern at market!Hi guys,
i'm already involved in this two currencies so i'm taking this particular trade, but i think it could be useful to some of you that trade this kind of patterns. We're sitting at a previous level of structure on the daily and we have a D completion point of an harmonic pattern formation.
With stops above X and targets with Fibs it could be a nice trade, great RR ratio.
If you want to share your view or ideas, feel free to comment below.
Otherwise, see you in the next chart!
Bat Pattern at market!Hi guys,
i'm already involved in this two currencies so i'm taking this particular trade, but i think it could be useful to some of you that trade this kind of patterns. We're sitting at a previous level of structure on the daily and we have a D completion point of an harmonic pattern formation.
With stops above X and targets with Fibs it could be a nice trade, great RR ratio.
If you want to share your view or ideas, feel free to comment below.
Otherwise, see you in the next chart!
This is potential Cypher pattern at XAUUSD 1H chart.XAUUSD 1H Cypher Pattern for Sell Set up 1284 has shown good resistant and now price can't break above . It's good to Sell SL Above X point
Target 1 @ 1275
Target 2 @ 1268
Bullish A GartleyPrice is at a strong support zone and price may reverse to hit profit targets shown on the chart .
Bullish ButterflyPrice is at a support level and the pattern would make price reverse to hit profit targets shown on the chart .
Bearish SharkPrice is at a strong resistance zone and price may reverse to hit profit targets shown on the chart .
Bearish SharkPrice may go higher but the pattern would still be valid and profit targets may be reached .
Cypher Pattern on CHFJPY. Long again?Hey guys,
unfortunately we're taking out at breakeven the second position of our previous trade (see attachment). But that doesn't mean we'll be out of this market for long; in fact, we've already found another opportunity to enter this market, hoping in a continuation of this upward trend (that's now in consolidation). As long as we see prices above X i'll be look for long opportunities because the daily chart is still pointing higher. Therefore this could be another way to enter a trade on the overall trend direction, and you can use this information to move your second target (first would be as usual for harmonics, 382 of AD) at the highest point of this recent channel.
Order's set.
If you have any question/idea, you can comment down below.
Otherwise, see you in the next chart!
Cypher on CHFJPYHey guys,
unfortunately we're taking out at breakeven the second position of our previous trade (see attachment). But that doesn't mean we'll be out of this market for long; in fact, we've already found another opportunity to enter this market, hoping in a continuation of this upward trend (that's now in consolidation). As long as we see prices above X i'll be look for long opportunities because the daily chart is still pointing higher. Therefore this could be another way to enter a trade on the overall trend direction, and you can use this information to move your second target (first would be as usual for harmonics, 382 of AD) at the highest point of this recent channel.
Order's set.
If you have any question/idea, you can comment down below.
Otherwise, see you in the next chart!
Bullish Bat PatternPotential Bullish Bat Pattern Forming
Entry at D-Completion
Target 1 at .382
Target 2 at .618
Stop Loss at 1.13
Bat formation on NZDJPYHey guys,
this is a Bat formation that's setting up on NZDJPY, and i'm seriously interested in join it because the yellow box represents a previous level of daily structure. Therefore i know that could be a place where we could potentially have a reaction from price action. In this case, order's set at D, stop below X, targets with Fibonacci (382 and 618 of AD).
This was actually an opportunity that i've highlighted on my last videoanalysis, if you want to find out more of that, click the link below!
If you have questions/ideas, feel free to comment beneath.
Otherwise, see you in the next chart!
Bullish Max ButterflyThe pattern formed at a strong support zone and may reverse to hit profit target shown on the chart .
Bearish 5-0The pattern may be a continuation of the downtrend or just a correction to the uptrend . possible targets are on the chart .
EURUSD Gartley patternHey, traders. Today on the EURUSD hourly chart we have a very interesting situation. We have an advanced Gartley pattern forming on this chart. This pattern alone is a very accurate pattern. But, today we have this bearish pattern completing while the market is in a downtrend. This gives an even better chance of success and also gives the ability to possibly take bigger second targets (depending on your trading plan). For more FREE education sign up for our email list. Links below:
FREE butterfly pattern course - www.thetradingchannel.net
