Trade Ideas Position: CADJPY BatA type2 bearish bat pattern setup for a trend trading opportunity.
Will you be setting a pending order to engage the trade or wait for candle confirmation?
Share your views by hitting the reply button.
Type2
Trade Ideas Position: EURJPY ABCDA type2 Bullish ABCD Pattern and Bullish Bat Pattern setup for this trade setup. Its a highly possible trade of the year, just the number of retest weakens the support.
Trade Ideas Educator: EURJPY Buy ZoneA buy zone on the 1-hourly chart of this EURJPY pair for traders to consider for an aggressive buying opportunity. If the candle breaks and closes below the buy zone, I will be waiting for a type2 bullish bat setup.
USDJPY-Weekly Market Analysis-Apr20,Wk3Waiting for a bearish shark pattern that confluence with bearish bat type2 to complete at 111.11 for another shorting opportunity for a counter-trend move.
EURUSD-Weekly Market Analysis-Apr20,Wk3The 1-hourly chart has shown a bullish trend, we had our trade advanced and ahead of this move. Traders who like to get involved in the trade can wait for the magic candle to rest nicely on the profit trendline(Blue) with a confirmation before engaging the trade.
If the candle breaks and close below the profit trendline, as long as it didn't break and closes out of the buy zone, it is fine to engage for a buying opportunity.
Trade Ideas Position: GBPAUD CrabWith a bearish crab form, up with such a long tail hitting 1st target for both trade(link at the bottom), both trade has to manual exit for their target 2.
I will wait for the retest on this bearish crab pattern as a type to set up for a new shorting opportunity.
First shorting trade
GBPAUD Sideways
GBPAUD H1 Sideway Bounce, RSI Divergence
Short NOW: 2.0342(105)
ISL: 2.0462(-120)
TP1: 2.0152 (+190) 1.5:1
TP2: 1.9895(+447)3.7:1
Second shorting trade
GBPAUD ABCD Pattern
GBPAUD H1 Bearish ABCD, Sideways Bounce, Counter Trend
Short Now: 2.0397(78)
ISL: 2.0510(-113)
TP1: 2.0190 (+207) 1.8:1
TP2: 1.9884 (+513)4.5:1
Trade Ideas Position: USDJPY ButterflyWith a strong bullish run on USDJPY, I would be much confident when the candle break and close below the trendline(Blue) and retrace back to the entry price(type2) before I would consider engaging the trade.
Trade Ideas Position: USDJPY GartleyA 247pips profit on the Type1 Deep Gartley achieved, at this moment I'm waiting for a Type2 Deep Gartley for another shorting opportunity.
If you love to know my new entry, stop and targets, check out link(3) on my trading view signature.
Trade Ideas Position: AUDCAD CrabA type 2 bearish crab pattern is formed after breaking the uptrend channel on the 5 range bar chart. Trade has engaged and the target has been stretch and informed our community of the trade.
Check out the link(3) to join our community.
EURUSD-Weekly Market Analysis-Feb20,Wk1A 5-0pattern is on the run now. I'm looking for a second chance entry of this bearish shark pattern for a type2 shorting opportunity to engage the trade.
What's your trade plan?
Comment down below.
Trade Ideas Analysis: USDCAD S&RSupport and resistance with modified RSI showing the extreme overbought, give an opportunity to engage the trade for a short.
A great area for perfect Reward:Risk however at such level also have the highest risk of getting stop.
Is this the trade of you? What if I told you the reward can go as high as 6:1, what is your call? Comment down below.
Trade Ideas Position: EURUSD GartleyA type2 gartley pattern for a trend trading opportunity. Yes, this trade is still valid of course with the help of my filters.
Trade has engaged and to get the Stop and Targets, check out my link(3) on my signature.
Wishing all a Happy Holiday.
GBPUSD-Weekly Market Analysis-Jan20,Wk3On the daily chart and 4-hourly chart, it is a bullish trend. So if you plan for a buying opportunity, yes, you are trend trading.
Having the bullish Gartley(yellow) and bullish Crab(red) that encourage the market to fly and I've took profit.
Right now I'm waiting for a retest at the support within the overlapped blue box zone for a type2 trade.
A break and close above the red box can send the pair to a higher range.
EURUSD-Weekly Market Analysis-Jan20,Wk3A type 2 Gartley Pattern has presented itself as a potential buying opportunity. Now what is needed is a candle confirmation before engaging in this trade.
If the candle reverse and able to break and close above the red box, market can head up to a higher level.
Trade Ideas Position: AUDUSD BatA bearish bat setup before the eve of Xmas, looks like there is still trade setup for this. On the 4-hourly chart there is a type2 bearish shark setup, what's your trade plan?
EURUSD-Weekly Market Analysis-Dec19,Wk2The bullish bat pattern is still valid, if the market head down and retest the entry price, I will engage a long trade after candle confirmation.
If the market extends upwards, I will short it. reason being, on the higher timeframe, is shows consolidation and either side of the market expansion is possible, that is because my trading style having the 1st target reach, I will shift stops to entry and keep the winner, therefore event market didn't expand, I'm ok with it too.
Because once market reaches the 1st target I will have no downside, only upside.
Trade Ideas Educator: USDCAD BatInterestingly not sure how I had missed this setup, it was drawn before the weekend falls. Well, it looks pretty fine and I will observe at the 10am(+8GMT) candle close to deciding if the trade should be engaged.
A sell limit will also be placed for the retest of the high to engage the trade as a trend trading setup for this bearish bat type2 entry opportunity.
Trade Ideas Educator: EURJPY BatLack of better term, for now, this setup will be known has harmonic range, it happens after a harmonic pattern, usually Bat Pattern or Gartley Pattern range between entry price and target2, it creates a support and resistance level and that enables me to engage the trade to long the when the candle settle at the blue line and short when the candle touches the red line.
EURUSD-Weekly Market Analysis-Nov19,Wk5Over the years in committing on providing analysis for the traders, I've start to make new friends even across the platform.
A kind soul has reminded me on this bullish bat setup on the 4-hourly chart while I shared my perspective of shorting the trade based on the 1-hourly chart on the bearish crab.
Having the knowledge of harmonic patterns and my baseline on trading on structure, I see is a high tenancy the market will fall off the cliff(Resistance) and I engaged only after the retest and confirmation made by my Harmonic Pattern Assistance(HPA).
It is really a test that the market gave me where I made profits and just before hitting my 1st target it bounces off again and it did it a couple of time.
So by having this, I must say understanding of the currency pair, as well as your system you use, are just as important.
I had also further extended my target to 1.1001 for my final target but will watch closely when it hit 1.1006 to check for any potential rebound.
After which I will observe the buy zone(blue rectangle) holds on to the market and create a bullish bat type2 trading opportunity as a countertrend trade.
Trade Ideas Position: GBPJPY GartleyA deep gartley setup within the buy zone. Waiting for a type2 setup for a buying opportunity.
I may extend the target when that happens.
Trade Ideas Position: GBPAUD SHarkA Type2 bearish shark setup for a trading opportunity, looking to stack trade and trade further for target extension. This may provide very good Reward:Risk (RRR)
Trade Ideas Position: NZDJPYA bearish shark formation forms inline within the minimum requirement.
I will wait for a close of the 1-hourly candle and plan in for this countertrend trade within the sideways bounce setup, did I not mention it is also a bearish bat type2 setup. It will be a stack trade.
Trade Ideas Position: CADJPY 5-0A type2 5-0 pattern setup as a countertrend trade. What's nice about this setup is that the type2 bearish bat pattern on the 1-hourly chart and a small bat pattern on the M15 happens within the zone which gives me a great opportunity for a second chance entry.
