Hello traders, it appears USD/JPY is now forming a bearish cypher pattern on the 4h chart. This is an excellent opportunity with a potential 350+ pip return! The measurements for a valid cypher are detailed below. B: 0.382 - 0.618 C: 1.272 - 1.414 X to D: 0.786 I'll be expecting price to stall out once it reaches the D point, keep this setup on your watch...
I'm back after a long week off the charts, I've been focusing on new educational content for my private students and I bought a new car so I've been extremely busy, apologies for being inactive! Today we have STR/BTC on the 1h chart, a lot of individuals have asked my opinion about this cryptocurrency and I'd like to give you all a brief overview. As you can...
Hello traders, here we have EUR/CHF with a bearish shark pattern on the 4h chart. This is an excellent shorting opportunity with over 1:2 risk to reward! The measurements for a valid shark are detailed below. C: 1.13 - 1.618 D: 1.618 - 2.24 Final X to D: 0.886 - 1.13 This pattern could potentially turn into a 5-0 in the near future, after a successful...
I'm bringing you guys something entirely new on Ripple, this cryptocurrency is one that has definitely become more and more appealing over the past couple of months. The setup in front of you today is on the daily timeframe :) feel free to check out my previous post for Ripple (chart is shown below). Price is still respecting the 0.618 and 0.786 retracement...
There are some amazing setups forming on the charts, here we have XAU/USD on the 4h chart with a bearish gartley. The measurements for a valid gartley pattern are detailed below. B: 0.618 C: 0.382 - 0.886 D: 1.272 - 1.618 Final X to D: 0.786 This is a potential outcome for this pair, I would analyse the higher timeframes for direction before entering the...
I'm back with another market insight on cryptocurrencies, today I'm on the daily chart with BTS/BTC. This idea is extremely similar to my post yesterday with Ripple (chart is shown below). Again, just like XRP this cryptocurrency is one that has definitely become more and more appealing over the past couple of months, especially now because of the potential...
Hello traders, here we have a bullish shark pattern and bearish 5-0 pattern on the 4h timeframe with XAG/USD. Price is currently completing the C point of the bearish 5-0 at the minimum 1.618 level which aligns with a valid bullish shark, although it could drop further before making a move towards the PRZ. The measurements for a valid 5-0 pattern are detailed...
Hello traders, following up from my price structure post for BTC/USD (chart is shown below), I have now spotted a bearish three drives pattern indicating a move to 1600 before the drop. It will be interesting to see how this trade develops over the next several months, it may amount to nothing or one hell of an opportunity... We'll soon find out! Connect with...
Hello traders, it appears USD/CAD is now forming a bearish deep crab pattern on the 4h chart. This is an excellent opportunity with a potential 300+ pip return! The measurements for a valid deep crab are detailed below. B: 0.886 C: 0.382 - 0.886 D: 2.24 - 3.618 X to D: 1.618 I'll be expecting price to stall out once it reaches the D point, this forms on a...
Here we have another 5-0 pattern but this time on the 4h timeframe with GBP/CAD. The measurements for a valid 5-0 pattern are detailed below. B: 1.13 - 1.618 C: 1.618 - 2.24 D: 0.50 Price is currently completing the C point at the minimum 1.618, it may complete at 2.24 which would alter the PRZ. I'll be looking to go long from 1.68600. I hope you all have...
Hello traders, it appears NZD/CAD is now forming a bearish cypher pattern on the 1h chart. This is an excellent opportunity with a potential 200+ pip return! The measurements for a valid cypher are detailed below. B: 0.382 - 0.618 C: 1.272 - 1.414 X to D: 0.786 I'll be expecting price to stall out once it reaches the D point, keep this setup on your watch...
Upon finding this cup and handle pattern it reminded me of my previous idea for ETC/USD (chart is shown below). The pattern above was absolutely perfect, we saw a move from $2.50 to $5 within a matter of weeks. Now, I'm expecting the same for XRP/USDT a move from $0.05 to $0.075 before stalling out and forming a descending channel (the handle). Once we see...
Hello traders, here we have USD/CHF on the daily chart with a potential bullish bat pattern. I'd like to thank Six Figure Capital student www.tradingview.com for spotting this setup. All-round excellent opportunity with a 1:2 risk to reward. The measurements for a valid bat pattern are detailed below. B: 0.382 - 0.50 C: 0.382 - 0.886 D: 1.618 - 2.618 Final...
Here we have another 5-0 pattern but this time on the 1h timeframe with CAD/CHF. The measurements for a valid 5-0 pattern are detailed below. B: 1.13 - 1.618 C: 1.618 - 2.24 D: 0.50 Price is currently completing the C point at the maximum 2.24, exceeding this level would invalidate the pattern. I'll be looking to go short from 0.74250. I hope you all have...
I'm back with another 5-0 pattern but this time on the 4h timeframe with AUD/USD. The measurements for a valid 5-0 pattern are detailed below. B: 1.13 - 1.618 C: 1.618 - 2.24 D: 0.50 Excellent trading opportunity with over 1:3 risk to reward. I've got more analysis on the way, stay tuned!
Hello traders, here we have EUR/NZD with a bearish shark pattern on the 4h chart. This is an excellent shorting opportunity with over 1:4 risk to reward! The measurements for a valid shark are detailed below. C: 1.13 - 1.618 D: 1.618 - 2.24 Final X to D: 0.886 - 1.13 This pattern could potentially turn into a 5-0 in the near future, after a successful...
What's up everyone, here we have EUR/AUD with a bearish bat pattern on the 4h chart. Excellent opportunity with almost a 1:4 risk to reward. This is a re-post but I would like to highlight the importance of the resistance zones shown in grey. The measurements for a valid bat pattern are detailed below. B: 0.382 - 0.50 C: 0.382 - 0.886 D: 1.618 - 2.618...
Following up from my successful prediction for EUR/AUD -0.01% (chart is shown below), price has now formed a valid bearish bat pattern on the 4h chart. The move last week resulted in a profit of almost 300 pips! Now onto the chart in hand, this bearish bat has a potential profit of almost 600 pips... This is not a move I want to miss. The measurements for...