Bearish SharkPrice is at a strong resistance zone and price may reverse to hit profit targets shown on the chart .
Advancedpatterns
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
Bullish Max ButterflyThe pattern formed at a strong support zone and price may reverse to hit profit targets shown on the chart .
Bearish CypherThe pattern formed at a strong resistance zone and price may reverse to hit profit targets shown on the chart .
Possible Bearish CypherThe pattern may not complete this week but price is near the D point and may reach it soon .
Possible PatternsTwo patterns is near completion a bullish shark and a bearish butterfly and it may be good to trade this week .
Bullish ButterflyThe pattern formed at a strong support zone and price may reverse to hit profit targets shown on the chart .
GBPUSD possible correction!Hello traders! Gbpusd is in a powerful UP trend. We are expecting a correction at this level, before continue the UP move started 1 month ago. TRADE WITH NO EMOTIONS!
EURAUD Bullish Bat pattern is completeThere is a Complete bullish Bat pattern on the 1H timeframe, so enter now with an ok good risk reward 1:1 and a 1:2 see chart for details
AUDCAD Gartley patternOn the AUDCAD there might be an opportunity for a bearish gartley pattern, see chart for details. If the pattern complete it will in my eyes give an acceptable risk/reward.
Double Top at Bat's completion pointHey guys,
this is a retest of a daily resistance zone that could stop price's rally and push it lower. Along with structure we have a double top setting up with RSI divergence and an engulfing candle right at the retest point. Finally there's also a Bat pattern already completed that further adds up to the list of the clues. Stops above highs, targets as displayed.
If you want to share your view or ask questions, feel free to ask.
Otherwise, see you in the next chart!
P.S. My weekly videoanalysis is available here below. Take a look at that!
Bearish GartleyThe pattern is at a strong resistance zone and price may reverse to hit profit targets shown on the chart .
Bearish SharkThe pattern is at a strong resistance zone and price may reverse to hit profit target shown on the chart .
