Advancedpatterns
Harmonic trading on USDJPYHi guys,
just wanted to share with you this Cypher pattern that i'm going to take. It completes near the previous resistance and the RSI is in overbought condition.
Stops above X, targets as usual with advanced patterns.
If you want to share your view or ask questions, feel free to write below.
Otherwise, see you in the next chart!
Advanced pattern formation on USDJPYHi guys,
just wanted to share with you this Cypher pattern that i'm going to take. It completes near the previous resistance and the RSI is in overbought condition.
Stops above X, targets as usual with advanced patterns.
If you want to share your view or ask questions, feel free to write below.
Otherwise, see you in the next chart!
Bat pattern almost at market!Hey guys,
another chance to get involved in this pair today. It comes from an harmonic pattern that's completing right now. It is called Bat pattern and it implies a limit order set at the D point. Stops above X, target with .382 and .618 retracements of AD leg.
Let's see if we get filled.
If you have any question, feel free to ask beneath.
Otherwise, see you in the next chart!
Bat pattern at the D pointHey guys,
another chance to get involved in this pair today. It comes from an harmonic pattern that's completing right now. It is called Bat pattern and it implies a limit order set at the D point. Stops above X, target with .382 and .618 retracements of AD leg.
Let's see if we get filled.
If you have any question, feel free to ask beneath.
Otherwise, see you in the next chart!
Advanced Pattern FormationsHey Traders,
Gartley Pattern completion at 0.76989, Targets at the 38.2 Fib Retracement of the A-D leg with stops being at the 1.272 Fib Extension of the A-D leg.
Butterfly Pattern completion at 0.76206, Targets at the 38.2 Fib Retracement of the A-D leg with stops being at the 1.272 Fib Extension of the A-D leg.
Trade Your Plan!
Advanced Pattern FormationsHey Traders,
Bat Pattern completion at 0.72214, Targets at the 38.2 Fib Retracement of the A-D leg with stops being at the 1.272 Fib Extension of the A-D leg.
Butterfly Pattern completion at 0.70965, Targets at the 38.2 Fib Retracement of the A-D leg with stops being at the 1.272 Fib Extension of the A-D leg.
Trade Your Plan!
Gartley pattern at market at Daily StructureHey guys,
as you can see above in this pair price has recently created new lows, breaking structure to the downside. This tells us that price wants to go lower, therefore we can look for shorting opportunities at structure level, such as the broken support that should act as resistance once it was violated.
In this zone it happens to be the D point of a Gartley formation that provides a nice short entry.
Stops above the X, targets as usual for patterns.
If you have any question, feel free to comment below.
Otherwise, see you in the next chart!
USDJPY - Profit taking not reveral?HI guys,
A few days ago I posted an XABCD which, once we took out the stops, rocketed yesterday.
Looking at this chart, I see current profit taking hence that's why we've stalled.
Overall I see 118.000 as the big target with maybe a 3 drives to get us up there.
I'll closely be watching price action and the over-so important Daily Candle closes throughout the trade.
If anyone would like to see my analysis on their chosen pair, please just comment below and I'll break the chart down for you.
Two Gartley Patterns setting upHey guys,
i want to wish you a nice weekend by offering you these two harmonic patterns (one is almost complete) on GBPJPY.
Stops below X, targets at 382 and 618 retracement of AD leg.
Good trading!
If you want to ask questions, feel free to write them below.
Otherwise, see you in the next chart!