Bullish Gartley + Bullish ButterflyTwo harmonic patterns formed at a strong support level and price may hit profit targets shown on the chart .
Advancedpatterns
Bullish SharkPrice is at a strong support zone and may reverse to hit profit target shown on the chart .
Tough Bull Bat OppDue to the lack of enough adequate structure from past price action, this Bull Bat may have difficulty rising. Let's see how it unfolds.
Bullish ButterflyIf price reverse due to the pattern it should be considered as a correction to the down trend and price is likely to continue downward .
Bearish Bat PatternPrice reached a strong resistance level and price may reverse to hit profit targets shown on the chart .
Bullish Crab PatternPrice is likely to reverse due to the harmonic pattern and the stop loss should be minimal .
Cypher OppBefore this Cypher formed, I was unaware of it until the bat pattern below it did not result in a positive pip return. Sometimes smaller advanced patterns cannot be executed because of larger patterns engulfing them. Now, if the smaller advanced pattern goes in the direction of the trend that forms the larger one, you will be more secure in executing trades on smaller time frames. As you can see on the chart, the first bat pattern was successful while the next one was not because I was not aware of the larger pattern on the daily chart. Based on the RSI, the bullish momentum is not finished so a triggered sell limit order should be on it's way. I am looking for targets at structure. The first on being at the B Leg, following the next two levels of structure beneath B.
Bullish LeonardoPrice is testing a strong support zone and it may reverse to hit profit targets shown on the chart .
Bullish BatPrice is at a strong support zone and price may reverse to hit profit targets shown on the chart .
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
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 .
