Harmonikpatern
QTUM Bullish Crab PatternQTUM is forming Bullish Crab Pattern, which already hit first target. If you wanna trade this Pattern again, try to catch retrace of first impulsive wave like you can see in chart. Targets, StopLoss, buy zone is written in chart. This Cryb pattern is precise and price action in PRZ was excellent :)
EURGBP Bearish Bat H4On the EUR/GBP we can see a potential Bearish Bat pattern with an opportunity to short.
PRZ:
2.000 external retracement of the BC leg at 0.8679
1.272 ABCD pattern at 0.8681
0.886 internal retracement of the XA at 0.8684
In addition we can see a 0.786 ZA at 0.8681 converging with the PRZ.
TP:
0.382 of the ABCD pattern at 0.8536 (148 pips from the PRZ)
0.618 of the ABCD pattern at 0.8444 (240 pips from the PRZ)
Be patient and ready for the signal!
Best trades!
EURCHF: Bearish BatIf price action breaks through strong S&R area at 1.074*, we might see a bearish bat forming around 1.0753. Entry level is somewhere between 1.07569 and 1.07501 (watch out for price reversal signs like RSI overbought, pin bar, reversal candle, etc.). S/L is above X at 1.07531.
Target 1 above 0.382 C/D retracement (previously support & resistance level), target 2 above 0.618 C/D retracement. Watch out for resistance in the strong S&R area and below 0.382 retracement. Be ready for closing position early after break through 0.382 retracment.
EUR/USD 4H - Bearish Gartley @ marketBearish Gartley had completed on Friday evening @1.0668
Excellent Risk/reward of 1.35/1 for the first target.
The price penetrated X point so whether the pattern is valid for you depends on your specific rules.
As long as it hasn't closed above X - the pattern is valid for me.
I will wait to see how the market wil open and take the trade.