Pattern-trading
INSY- Flag formation long from $11.27 to $12.43INSY is an interesting flag setup. Moneyflow has strong positive divergence, and in strong uptrend in the positive side. Good potential to run up to Moving averages around $12.50
* Trade Criteria *
Date First Found- February 19, 2017
Pattern/Why- Flag formation
Entry Target Criteria- Break of $11.27
Exit Target Criteria- $12.43
Stop Loss Criteria- $10.43
Please check back for Trade updates. (Note: Trade update is little delayed here.)
FL - Rising wedge breakdown short from $70.13 to $66FL seems forming a rising wedge formation. Breaking below $70.13 would be wedge break-down confirmation, and if it breaks it can decline to $66.
* Trade Criteria *
Date first found- February 21, 2017
Pattern/Why- Rising wedge
Entry Target Criteria- Break of $70.13
Exit Target Criteria- $66
Stop Loss Criteria- N/A
Please check back for Trade updates. (Note: Trade update is little delayed here.)
Downward Impulse for Medley Cap CorpThe a and b wave pattern happens every quarter with a stronger downward impulse to reach point a then the correction is almost retraces the downward impulse in the middle of a and b. Downward impulse toward a is happening. Let us wait and buy at the bottom on around March 8 an sell after the correction!
Short Term Buy on EURGBPHey guys, we have a reversal pattern forming here on EURGBP also with some extra indications that are influencing an up move. On RSI there is an oversold condition and MACD we are seeing divergence. Good luck and safe trading to you all
Reversal Pattern Forming on NZDCADHello fellows. Here on NZDCAD I am expecting to see a reversal pattern forming. Keep a close eye for the move up.
AUDCAD Shorts Coming Up SoonPrice at the moment is correctively rising so what I am expecting to see of this pair is that price is going to fall soon. We are currently seeing divergence on our MACD which signals a reversal may happen. Good luck and safe trading.
Continuation for Downside on NZDUSDNZDUSD has created an impulse to the downside and has broken two areas. Expect a corrective pattern to further form. Enter short on the next impulse. Good luck to all.
EURUSD Bat 4HHey guys,
Markets have been a little quiet for me over the last few months. However, here we have just been entered in a Long Bat Pattern on EURUSD 4H. Already had a spike into the green however hoping for a move up into the 38.2 and 61.8 retracement levels for our take profit levels.
Will be looking forward to seeing what happens with this in the week!
Any questions just ask and thanks for the support :)
Fibsii
Broadening Pattern on NZDCAD, Sell at TopAs of right now price is still moving upwards. There will soon be a test of two important trendlines. Lets watch and see what price does when it reaches that area. Good luck to all of you
Cypher pattern on EURNZDHey guys,
another advanced pattern formation i'd like to share with you today. As usual, my analysis starts from higher timeframe: the black line represents a daily structure level that's just been broken to the downside by priceaction. Being that, i know i expect a bearish continuation to the south and i want to get involved in short trades if i can.
This harmonic pattern, called Cypher, allows me to do so, therefore i'm setting my orders up.
Stops above X, targets at .328 and .618 retracements of AD leg.
Good luck!
If you want to share your standpoint or just ask questions, feel free to write below.
Otherwise, see you in the next chart!
CHF/JPY potential downtrend....possible pattern will emerge.I've listed these areas (red) which managed to keep testing the resistance line twice and has worked because price has immediately feel short and dropped quite a bit after each retest.
There is a lot of support as well which rallied the price up but I am confident that it will rally back down.
Looking to short this Sunday evening GMT.
Thank you guys and keep trading safely and efficiently (Y)
NZD/USD Bearish Cypher PatternNZD/USD Bearish Cypher Pattern complete, looking for it to reach the 1º level 0.382
USD/JPY Bearish Gartley PatternUSD/JPY Bearish Gartley Pattern almost complete. Sell on 1.272 level, letter D. TP:500 pips
Gartley Pattern!Hey guys,
in case you don't know this is an harmonic advanced pattern formation that often times occurs in the markets. It is called Gartley pattern and it's made up of 5 different points all responding to certain criteria. The final D point is at the 1.27 extension of the AB leg and you can trade it both by placing your order on that level and waiting for price to enter the PRZ (Price Reversal Zone) and then waiting for an additional confirmation. I'm going to set my orders on during the night.
Stop would go above X, target1 and 2 as in the chart.
Feel free to ask question if you want.
Otherwise, see you in the next chart!
