TCT
AUDUSD 4H Short opportunityI guess my text on the chart explains most of it, but here's a short opportunity on AUDUSD.
I've set my pending order exactly at the 1.618 fib to ensure a 1:1 risk/reward according to my rules.
At the moment price just missed my entry, but hoping for another push up to get me filled.
Should my stoploss get hit, there's another short opportunity if price hits the D-completion of the Bat.
EURUSD - Long if PA presents itselfPrice has stalled at the 61.8% fib retracement of the bullish move up.
Technicals
- Horizontal range rotation
- Bullish channel rotation
- Bearish Weekly downtrend
Confluences
- 61.8% retracement
- recent structure
- Daily Demand Zone
- Median trendline support
- 127% extension meets massive Supply level
If we end on a bearish candle we could be in for another move down to previous support around 1.800 and then 1.700
NZDUSD Gartley to enter a short TCTI am using this Gartley pattern on the 15 minute timeframe to enter a short trend continuation trade.
The Gartley completes right at structure because it is a deep one. I am looking for targets at the retest of structure for 38 pips and for target 2 a retest of the large candle as can be seen on the chart. When we get there I will be looking for long position.
Have fun and enjoy your Easter weekend!
GBPJPY Short HTF TCTNice confluence zone to get short. If you trade CTS:
160 large even handle
Grey AB=CD move
Orange AB=CD move
Fib confluence based on the first AB=CD move
A lot lining up at the 160 even handle. A pullback into the 160 even handle would also line up with a TC trade on the 4H/daily. You can either enter aggressive or wait until tomorrow and look for a DT on the 1H or 15M.
Stops/targets as pictured are not final yet. Trade according to your plan.
*Do your own analysis before entering any trades
CADJPY 60min Bullish TCT + Bat PatternCADJPY broke and closed above a big Resistance Level on Friday. It's also forming a Bearish Bat Pattern on the 4hr chart which completes @ 86.00 Level
I'm looking for it to come back down to "old resistance" now Support and looking for a buying opportunity off that Level.
Stops - 1 ATR below last swing low (Yellow Box)
Target #1 - Previous Highs
Target #2 - 1.27% Fib Ext
Extended Targets - Bat Entry & Structure
USDJPY 60min Bullish TCTUSDJPY is coming off of a Major Support Level. I'm looking to buy a pullback in anticipation of the market correction.
It has broken and closed above previous resistance and if it can pullback into my reversal area I will look to enter long. I will have to enter long at or below the Purple Line which represents a 1 to 1 Risk to Reward.
Stops - 1 ATR Below the Reversal Zone
Target #1 - Retest of Highs
Target #2 - 1.27% Fib Extension plus Structure (Previous Resistance). Once could also look to Target the completions of the ABCD Pattern for Target #2's
GBPJPY 60min Bearish TCTGBPJPY is in a downtrend. I'm looking to sell Rallies on this pair.
Price has made it back to my "Reversal Zone" and now has Double Topped with Bearish RSI Divergence. We also have a an ABCD pattern completing right at the Double Top.
I just sold at the Double Top and looking for a retest of Previous Lows.
Stops - 1 ATR above Double Top
Target #1 - Retest of Previous Lows (Structure)
Target #2 - Retest of Previous Lows (Structure)
EURJPY 60min Bearish TCTLooking to short EURJPY around the 129.00 even handle. Market is Bearish, so I'm looking to sell the rallies.
Entry - I look to short somewhere between the 61.8% and 78.6% Fib Retracement. I move down a Time Frame and look for a Reversal Pattern via Candlesticks. Right now we have an ABCD Pattern completing in that area. I'll be looking for other things such as: RSI O/B, Advanced Patterns, etc.. Right now there is a Fib Inversion lining up in that area.
Stops - 1 ATR Above the last Swing High
Target #1 - Retest of Previous Lows
Target #2 - 1.27% Fib Extension
USDJPY / 1HR / BAT PATTERN + TCTBAT PATTERN
PAIR: USD/JPY
TIME-FRAME: 1HR
TRADE: POTENTIAL BAT PATTERN
Looking to get involved with a TCT on the USD/JPY
and have a great case for entry, using the 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 60min Bullish TCTGBPUSD in the short term is making Higher Lows and Higher Highs.. So I consider this to be an Uptrend. Everytime Price has pulled back to support I've bought. I just added my 3rd contract here since my other (2) Contracts are already at Breakeven.
Stops - 1 ATR Below last swing low AND below the 1.44 even handle.
Target#1 - Retest of most recent highs
Target #2 - Retest of Previous highs
Target #3 - 1.27% Fib Extension
EURJPY TCTPrice broke through our recent structure putting in a huge candle, and seems to stall at our next structure level.
There are several fibs confluencing in my killzone, and RSI is now overbought. Looking for some reason on lower timeframe to go short, either a double top or lower low/lower close. Looking for target1 at retest of the strong support-level at around 126.770's, and target2 at 127 extension of previous move down in case we break through our structure support and continues in the direction of the trend.
Always conduct your own analysis before executing a trade.
EURUSD: Daily Bearish Bat Pattern Setting Up I initially thought that Thursday & Friday would be our breakout days this week but it looks like the party has started a little early. Setting up on the EURUSD daily chart we have a potential bearish bat pattern completion up at the 1.1393-1.1500 level.
I'm not a daily chart trader, but i will be looking intraday for an opportunity to hop on a retracement and see if I can ride the wave up to this level.
It's Thursday so makes sure that you're subscribed to my youtube page as you don't want to miss today's video release. We'll see how the day goes but we may be talking about this trade in more detail.
Akil Stokes
Chief Currency Analyst & Head Trading Coach
www.TradeEmpowered.com -
YouTube goo.gl
Face book: goo.gl
Twitter: goo.gl
You Can Also Follow Me On Instagram, Periscope & StockTwits @AkilStokesRTM
EURUSD / 1HR / TREND-CONTINUATIONTREND-CONTINUATION
PAIR: EUR/USD
TIME-FRAME: 1HR
TRADE: TREND-CONTINUATION
Underlying move is Bearish, looking at
Structure for our Trend-Continuation Trade.
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
Long AUDNZD: Bullish Bat into Wave-(5)-of-(c)AUDNZD may be completing its fifth wave in the third corrective wave of a larger degree correction. A bullish bat is complete at long term trendline breakout/retest to enter long. SL is placed at 1.13XA which is confluent with the invalidation level, wave-(1) overlap. 50EMA and 50SMA lines may provide additional support around entry. Target is placed at structure highs, although further bullish movement through the completion of wave-(c) is expected if highs are broken.
AUDUSD TCT opportunityAUDUSD is in a bearish trend, and therefore I am looking for short opportunities.
I've predicted a killzone or a potential reversal zone indicated by the blue square.
We have an AB=CD pattern completing in that zone, and we also have a confluense of 1.414 (minor) fib extension measured from my A-B of the AB=CD pattern, and a 0.618 retracement measured from the previous move down and into my A point. I also had some more confluences in this level, but I deleted them to not clutter up the chart too much.
Last, but not least, we have structure at the bottom of the square.
I'll be keeping an eye on this zone if price reaches it looking for bearish opportunities. Hoping to catch a move further down in alignment with the overall trend.
Be aware, though. FOMC today.
And as always; Always conduct your own analysis before placing a trade.