Possible Bear Bat on the AUDUSD 60min60min
As we can see consolidation on the higher time frame on the AUDUSD, on the lower time frame we have a possible bear bat formation. Will we hit the potential reversal zone or will the market blow through and not get us filled.
Its a matter of time.
Lets see where the market goes
Siya
CTS Sell on the GBPJPYOn the yen we have a CTS type trade setting up wic can suit both aggressive as well as conservative traders.
CTS Score
Structure confirmed by the daily time frame in green. (2 points)
AB=CD harmonic move
Fib Ext 1.618, lining up with the AB=CD also linked with structure (3 points)
Fib inversion 1.618 lining up with structure (2 Points)
Entry
Aggressive- limit order sell at 164.41
conservative- wait for reversal setup such as a double tob, 2618 sell or pin bar reversal at the kill zone.
Stops
Above near term resistance
Targets
near term structure levels
Good Trading Guys
at market bull bat as well as a Possible Bear CypherAs we come in to day two of the week we have two patterns, one which is at market. Personally i have not entered this pattern as it goes above my risk profile. So i am looking for an alternative way of entry.
Second we have a possible Cypher undaway.
Good Trading Guys
Check out my latest YouTube Trading video
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Morning Update: Bull Bat On My WatchAs the NY session is underway, we have a possible bull bat that we can take. One thing i don't like about this bat pattern is where stops are located above the near term support level. But a Bat pattern is a Bat pattern. I have to take it either way.
Good Trading Guys
Check out my latest Market Critique on the Market
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Possible Bull Cypher on My BooksLooking at how the market is currently moving, i have my eyes looked on the near term possible bull Cypher . What i like about this pattern is the fact that it comes in with the current bull trend that we are in on the Swiss. Is only a matter of us wating now.
Check out my latest market critique
Youtube
youtu.be
Good Trading Guys