Advancedpatterns
Bullish Bat Pattern on EURJPY!We have a potential Bullish Bat pattern Currently setting up right now on EURJPY. The pattern will potentially complete @ 119.55. Minimum stops need to be below X at 119.321 with Target 1 at 120.215 and Target 2 at 120.636. Right now at the time of publishing this, the pattern is less than 20 pips away from completing. So if you trade Bat Patterns on EURJPY, you'll want to get those orders in. As always, make sure you follow your plan.
I also just put out a video this morning of a live Day Trade on USDJPY where I used a Cypher pattern to enter into a trend continuation style trade. If you would like to see that, here is the link: youtu.be
Good luck and Good Trading.
EUR.GBP - BEARISH CYPHER SETUP - .8598On the EUR.GBP 1hr chart we have a potential short opportunity at the D leg completion of bearish Cypher setup.
The price reversal zone on this pair is between .8598 & .8638
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Cypher setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets at around .8480
Stop loss would be placed above X leg structure resistance .
Target 1 - .8542
Target 2 - .8506
Cypher ready to complete on NZDJPYHey guys,
just want to inform you about what's on my radar this evening: this is a Cypher formation that's about to complete near to a daily structure level and a psychological number.
I think this could be a good idea to buy the market.
Stops below X, targets as usuale on pattern at .382 and .618 retracements of AD leg.
If you have any question, feel free to write below.
Otherwise, see you in the next chart!
Bullish Bat Pattern On GBPJPYSo Far this month I've only taken 2 trades and they've all been a loss and opportunities are hard to come by, especially for advanced pattern traders. However, we have a potential bat pattern setting up on this pair so let's see if the losing streak will continue or if the market can be kind to us.
GBP.CHF - BULLISH CYPHER SETUP - 1.2471On the GBP.CHF 1hr chart we have a potential long opportunity's at the D leg completion of bullish Cypher setup.
The price reversal zone on this pair is between 1.2471 & 1.2435
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Cypher setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets back into 1.2580
Stop loss would be placed below X leg structure support .
Target 1 - 1.2522
Target 2 - 1.2554
Bearish Gartley on GBPUSDThere is potential Bearish Gartley Pattern on GBPUSD that will complete @ 1.26470. Min. stops need to be above X at 1.2706 with T1 @ 1.2534 and T2 @ 1.24629.
If you would like to join me in my live trading room today here is the link: www.youtube.com
Good Luck and Good Trading!
GBP.USD - Bullish Bat Setup - 1.2371On the GBP.USD 1hr chart we have a potential long opportunity's at the D leg completion of bullish Bat setup.
The price reversal zone on this pair is between 1.2371 & 1.2346
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat setup placed at the .382% and .618% retracement of the A to D move.
There is also an opportunity to look for extended targets at 1.2550
Stop loss would be placed below X leg structure support .
Target 1 - 1.2453
Target 2 - 1.2502
EURJPY trying to go for bat pattenr formation the previous bat pattern got violated after reaching stop loss
the currency pair are trying to form the current form of another bat pattern
forming a potential of shorting
as per the showing chart going long now as per the chart showing
and after the D completion let we will go short for retracement of .382 level
Gartley's coming on AUDCADHey guys,
i bring to your attention this kind of harmonic pattern that's completing right now on this chart, it is called Gartley.
Its completion point D is right around the corner. Orders set.
Stops above X, targets at the .382 and .618 of the AD leg.
Feel free to write below for any matter.
Otherwise, see you in the next chart!