Minute
Nice quick low risk, high probability shorting opportunity.My area of entry is wrapped within the black lines. Stop is the red line and my target is the green line. I'm looking for a retracement to my entry area. I'm anticipating that price will most likely retrace from the .7196 area or quite possibly the .7185 area where I expect price to base some but I doubt that will prevent price from reach the target. I waited to see price trade below the .7197 area just to be sure there was enough momentum origination from my entry. Had price not been able to trade below that area, I wouldn't even consider taking this trade.
EURUSD / 15M / POTENTIAL CYPHER PATTERNFree Workshop Replay Available: www.starprosper.com
CYPHER PATTERN
PAIR: EUR/USD
TIME-FRAME: 15M
TRADE: CYPHER PATTERN
Traders, not too much activity lately in the markets,
but we continue to do our best everyday, looking for
Trade setups and opportunities to take! We have found
a potential Cypher on the 5 minute chart in the Live
Trading room today./i]
NOTE: These are potential trade opportunities. Please
re-analyse the trade before executing.
Star Prosper
Philip Stewart
WEBSITE: www.StarProsper.com
FACEBOOK: facebook.com
YOUTUBE: www.youtube.com
XAUUSD / 15M / POTENTIAL BAT PATTERNBAT PATTERN
PAIR: XAU/USD
TIME-FRAME: 15M
TRADE: BAT PATTERN
Also within a lower timeframe on the 15M,
we have a potential Bat Pattern.
NOTE: These are potential trade opportunities. Please
re-analyse the trade before executing.
Star Prosper
Philip Stewart
WEBSITE: www.StarProsper.com
FACEBOOK: facebook.com
YOUTUBE: www.youtube.com
GBPUSD, 30m, Supply / Demand Levels (Short)Drawing Supply and Demand zones we can see a clear small bear trend for the intraday. If you are looking to short, it would be ideal to wait for a retest of the last supply zone. Entering around 1.55945 with a SL near 1.561 within 10 and 20 pips of your entry. Targeting to take profit near support at 1.555