Target2
USDCHF: UpdateI've hit my first three targets after calling the short on USDCHF a month ago on August 21st. I had mentioned that getting to Target Three was going to be more difficult than targets One and Two. Nevertheless, the current Bear on this pair is firmly in place and there is still room on the downside as global markets are displaying a more risky appetite.
I'll be playing this one all the way to the bottom. Don't know exactly where that's at, but I've put in at least three more potential targets (Orange dotted line).
SHORT USDCHF TARGET IIEven though my entry from the trade I posted here was premature it worked out nicely and my initial target was reached. New Target TWO has been set @0.9666 (how deliciously wicked!), which nicely coincides with the 1.618 Fib Extension level off of the 07.13 high. I've moved my stop to trail above the 40 period EMA, which should be enough wiggle room within this new bear trend to withstand the inevitable pullback. I'm anticipating this taking at least to the end of the week to play out, if not into next week.
AUDCAD Gartley!? 1 week? complete? NTHello, we got a gartley here on the 1 week timeframe?
We allredy got the first target complete, now looking for the new target 2 "786".
Gartley:
x-a
B need to be 618, and can not close under the 786.
a-b
C:need to go up to 618, and do not close over the 1.
X-A
D: need to go Down to 786, ill altmost get a few pips above to the into the trade to be sure.
Targets, will be fibonacci retracement A-D, and the 382. Target 2 will be the 786 re from A-D
Target 1:
0.98931 - complete!
Target 2:
1.02269.
Will it complete??
Let's wait and see.
Gartley Pattern Let's see if we can make some pips earlier in this week.This Gartley appears in this tf but if you see in the Daily chart this pair is in a support level , if the price hits target one ,then i close the half of the position, adjust the stop loss to break even and then we can wait without stress to see if price hits target 2 .
XAUUSD / 4HR / BAT PATTERNFree Training Tomorrow: www.starprosper.com
BAT PATTERN
PAIR: XAU/USD
TIME-FRAME: 4HR
TRADE: BAT PATTERN
Waiting for price action to come up and hit our
D-Point completion, on this Bat Pattern, we're now
filled for a potential move to Target 1 and Target 2.
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
GBPJPY / 1HR / POTENTIAL BAT PATTERNBAT PATTERN
PAIR: GBP/JPY
TIME-FRAME: 1HR
TRADE: BAT PATTERN
Looking at the GBP/JPY on the 1HR time frame,
we have a potential Bat Pattern setting up close to completion.
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
EURUSD: Great Sell SetupHello traders!
I am back and want to share my analyzes on FX:EURUSD
On 4H chart we have a very nice channel with the confluence of harmonic moves and fib levels. According to the latest moves we are in a bear market and very good opportunity to go short at the edge of channel between 1.0927 and 1.0962. Targets will be as provided on the chart and in long term our target is the new LL at the edge of channel.
--
Avto_T
Financial analyst
www.rcpforex.com
NZDUSD: The Great OpportunityI see a great opportunity to go short on FX:NZDUSD . We have a very nice triangle pattern with very interesting key confluences:
1. Price has tested the triangle resistance once more
2. Fibs 78.6-88.6 (little one)
3. Fibs 61.8 (big one)
4. Nice shooting star candle.
Our targets are:
1. Next triangle support level
2. Nearest structure support 0.6290
3. Fibs extension 1.272, which will be the completion of potential gartley pattern, and there we will have an opportunity to go long
Keep an eye on this pair!
Avto_T
Green Luck
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AUDJPY: Very nice harmonic setupHere is a very nice shorting opportunity. Bullish gartley with several confirmations:
1. weekly pp
2. 200MA
3. structure resist
We have a very nice R/R for both targets. Both targets have structure backup if we look left.
Avto_T
Green Luck
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EURJPY: Very interesting setupSunday morning traders!
For Monday there is a very nice shorting opportunity on FX_IDC:EURJMD
There is a very nice structure resist zone with the confluence of fibs -38.2-50.0. If you look left we see these key levels, which are our reversal zone and price is more likely to fall down until 133.67 for target 1 and 133.15 for target 2. Lets see what the price does on Monday.
Avto_T
Green Luck
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EURAUD: I Smell Bears!Here on FX:EURAUD is a very nice shorting opportunity. The price is entering the reversal zone which is a strong structure zone, look left for more confluence. We might see a double top and then fall down, or straight fall down. I prefer to wait the double top for more confluence, and then go short all the way down to the next structure levels: Target 1 and Target 2. Our stops go above the resistance level.
Avto_T
Green Luck
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GBPJPY: The Bat is Readywe have a very nice Bat pattern on FX:GBPJPY which is almost completed. Stops must go below the structure level 184.22, look left and check it. And our targets are 38.2 and 61.8 fib levels with the confluences of very nice key levels. Be aware that price has a high momentum, let it calm down and then go long. Besides we have a very nice confluence of weekly S1 right at the structure support level.
Avto_T
Green Luck
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USDJPY: The Bat is DownWe have a very nice potential bat pattern on FX:USDJPY with perfect targets.
Both of our targets are perfectly located at structure levels. (look left for more confluence and check the levels).
According to the structure we have very nice risk.
Avto_T
Green Luck
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EURGBP: Big pair on the RadarSo, FX:EURGBP is in a ranging market, and I see a good long opportunity here. We have flag pattern with structure support confluence (see red zone), which is a strong wall for this pair right now. We can involve in this setup in two ways:
1. Buy on breakout (it is a better choice)
2. Buy at support red zone
And our target 1 will be @0.7355, Although, if the price breaks this nice resistance, then it will hit the second target somewhere @0.7390.
Avto_T
Green Luck
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EURJPY: Sell EUR, sell it!Harmonic pattern is ready to go short on FX:EURJPY
We have a bearish gartley with the confluence of fibs 61.8.
Our target 1 is around the next support and fibs 31.8 and the target 2 deeper support with fibs 61.8.
Besides look left and check the structure levels for more confluence.
GL (Green Luck)
Avto_T
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NZDUSD: Structure is a Big MagnetGood Monday traders.
Here is the first setup of the week. We have a pure structure based shorting setup on FX:NZDUSD . The market is moving in the wedge currently and I am waiting the price to enter the Red Zone and fall all the way down.
The reversal zone is between the structure resist and the fibs 61.8 with the confluence of look left structure. We should wait the price to enter the red zone, retest the wedge and then go short. Our targets will be next support levels: Target 1 @0.6284 and target 2 @0.62547.
Also note that we are still in a bearish market.
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