Advancedpatterns
AUDUSD Bearish Cypher Re-EntryI have been hedging this pair against the USDJPY for the past two weeks and have had a ton of success. I was stopped out of the AUDUSD for a small loss (massive win on USDJPY when it tanked) but was able to get back in on this MASSIVE pattern with a ridiculously awesome R/R. Nevertheless we are near the original completion point for this pattern, and due the the high success rate of these patterns I would look for a way to get in (as long as it fits your trading plan!) cause I think we could head past the .382 if the USD can gain some strength!
Stops are currently set at .7660 for 74 pips of profit (always protect your money!)
EUR.NZD - Long & Short OpportunitiesOn the EUR.NZD 1hr chart we have 2 potential trade opportunity's at the D leg completion of bullish Cypher & Bearish Bat setup.
Bullish Cypher Setup ( Blue ) - D leg completion 1.5244
Target 1 - 1.5297
Target 2 - 1.5328
Bearish Bat Setup ( White ) - D leg completion 1.5412
Target 1 - 1.5334
Target 2 - 1.5286
Pro Trader Course Giveaway!Any trader interested in getting my complete Pro Trader Course for FREE, head over to my website and click on the "Join Now" button in the lower left. You will receive an email with an offer code that will give you 100% off the Pro Trader Course. Its completely free, no tricks or gimmicks. But its limited to the first 20 traders that sign up. The offer begins at 7am US Pacific time. Here is the link to my website. Good luck and good trading. www.bctradingsystems.com
Short Term Gartley on USDCAD (TCT trade)Hi guys,
this is a very short term trade on USDCAD. You can see i'm using 15min timeframe, but as usual my analysis starts from higher timeframe. On the 4hr price has recently broken a period of consolidation to the upside, so i'm expecting it to continue higher.
That's why you see those targets, this is actually an advanced pattern entry for a trend continuation trade.
Stops below X, target1 at 618 retracement, target2 to be determined (around 1,3420s).
Let's see how it plays out.
If you want to share your viewpoint or ask questions, feel free to comment below.
Otherwise, see you in the next chart!
Short Term Trade (TCT trade)Hi guys,
this is a very short term trade on USDCAD. You can see i'm using 15min timeframe, but as usual my analysis starts from higher timeframe. On the 4hr price has recently broken a period of consolidation to the upside, so i'm expecting it to continue higher.
That's why you see those targets, this is actually an advanced pattern entry for a trend continuation trade.
Stops below X, target1 at 618 retracement, target2 to be determined (around 1,3420s).
Let's see how it plays out.
If you want to share your viewpoint or ask questions, feel free to comment below.
Otherwise, see you in the next chart!