Xabcd
Gold/US Dollar 4 hour chart possible XABCD pattern.There seems to be this possible XABCD pattern that will be occurring when the market hits the resistance level. This is a possible reason on why it may reverse at this level, it is due to the fact that the when formation hit A at that level, prices started to go underbelly aggressively so I am hoping for a move similar to that previous downtrend.
Two profit targets have been marked for the viewer.
EUR.CAD - Short Opportunity @ 1.5109On the EUR.CAD Daily chart we have a potential short opportunity at the D leg completion of bearish Bat setup.
The price reversal zone on this pair is between 1.5109 & 1.5278
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat setup placed at the .382% and .618% retracement of the C to D move.
There is also an opportunity to look for extended targets at around 1.4000
Stop loss would be placed above X leg structure resistance .
Target 1 - 1.4595
Target 2 - 1.4282
AUD.JPY - Long & Short OpportunitiesOn the AUD.JPY Monthly chart we have 2 potential trade opportunity's at the D leg completion of bullish & bearish Cypher setups.
Although i don't personally trade the Monthly timeframe, i break down every component to give me the best understanding and edge long term.
Bullish Cypher Setup ( White ) - D leg completion 65.602
Target 1 - 80.688
Target 2 - 90.170
Bearish Cypher Setup ( Blue ) - D leg completion 96.119
Target 1 - 87.057
Target 2 - 81.537
EUR.AUD - Live Pending OrderOn the EUR.AUD 15min chart we have 2 potential trade opportunity's at the D leg completion of Bullish Bat & Bullish Cypher setup.
Bullish Cypher Setup ( Blue ) - D leg completion 1.4497
Bullish Bat Setup ( White ) - D leg completion 1.4477
A pending order is in place to take this pair long.
GBP.CHF - Short Opportunity @ MarketOn the GBP.CHF 1hr chart we have a potential short opportunity at the D leg completion of bearish Bat setup.
The price reversal zone on this pair is between 1.2832 & 1.2851
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat setup placed at the .382% and .618% retracement of the C to D move.
There is also an opportunity to look for extended targets at around 1.2700
Stop loss would be placed above X leg structure resistance.
Target 1 - 1.2776
Target 2 - 1.2742
AUD.JPY - Long Opportunity @ 83.153On the AUD.JPY 15min chart we have a potential long opportunity's at the D leg completion of bullish Bat setup.
The price reversal zone on this pair is between 83.153 & 83.048
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat setup placed at the .382% and .618% retracement of the A to D move.
There is also an opportunity to look for extended targets at 84.000
Stop loss would be placed below X leg structure support .
Target 1 - 83.485
Target 2 - 83.687
GBP.USD - x2 Short OpportunitiesOn the GBP.USD 1hr chart we have 2 potential trade opportunity's at the D leg completion of bearish Bat & Cypher setup.
Bearish Cypher Setup ( White ) - D leg completion 1.2872
Target 1 - 1.2827
Target 2 - 1.2798
Bearish Bat Setup ( Blue ) - D leg completion 1.2883
Target 1 - 1.2835
Target 2 - 1.2804
Please trade this setup with caution.
EUR.NZD - Long Opportunity @ Market On the EUR.NZD 1hr chart we have a potential long opportunity's at the D leg completion of bullish Bat setup.
The price reversal zone on this pair is between 1.5222 & 1.5200
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat setup placed at the .382% and .618% retracement of the A to D move.
There is also an opportunity to look for extended targets at 1.5350
Stop loss would be placed below X leg structure support.
Target 1 - 1.5278
Target 2 - 1.5313
EUR.USD - Short Opportunity @ 1.0757On the EUR.USD 1hr chart we have a potential short opportunity at the D leg completion of bearish Cypher setup.
The price reversal zone on this pair is between 1.0757 & 1.0777
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Cypher setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets at around 1.0695
Stop loss would be placed above X leg structure resistance.
Target 1 - 1.0728
Target 2 - 1.0710
EUR.NZD - Short Opportunity @ 1.5399On the EUR.NZD 4hr chart we have a potential short opportunity at the D leg completion of bearish Cypher setup.
The price reversal zone on this pair is between 1.5399 & 1.5483
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Cypher setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets at around 1.5100
Stop loss would be placed above X leg structure resistance .
Target 1 - 1.5284
Target 2 - 1.5211
EUR.AUD - Short Opportunity @ 1.4268On the EUR.AUD 4hr chart we have a potential short opportunity at the D leg completion of bearish Bat setup.
The price reversal zone on this pair is between 1.4268 & 1.4310
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat setup placed at the .382% and .618% retracement of the C to D move.
There is also an opportunity to look for extended targets at around 1.4000
Stop loss would be placed above X leg structure resistance.
Target 1 - 1.4158
Target 2 - 1.4089
USD.CHF - Short Opportunity @ 1.0096On the USD.CHF 4hr chart we have a potential short opportunity at the D leg completion of bearish Bat setup.
The price reversal zone on this pair is between 1.0096 & 1.0107
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat setup placed at the .382% and .618% retracement of the C to D move.
There is also an opportunity to look for extended targets at around 1.0020
Stop loss would be placed above X leg structure resistance.
Target 1 - 1.0061
Target 2 - 1.0041
GBP.NZD - Long Opportunity At 1.7739On the GBP.NZD 4hr chart we have a potential long opportunity at the D leg completion of bullish Cypher setup.
The price reversal zone on this pair is between 1.7739 & 1.7646
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Cypher setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets back into 1.8000
Stop loss would be placed below X leg structure support.
Target 1 - 1.7868
Target 2 - 1.7950
EUR.AUD - Long Opportunity At MarketOn the EUR.AUD 4hr chart we have a potential long opportunity at the D leg completion of bullish Cypher setup.
The price reversal zone on this pair is between 1.3999 & 1.3940
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Cypher setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets back into 1.4180
Stop loss would be placed below X leg structure support.
Target 1 - 1.4082
Target 2 - 1.4133
GBP.USD - BEARISH CYPHER SETUP - 1.2515On the GBP.USD 1hr chart we have a potential short opportunity at the D leg completion of bearish Cypher setup.
The price reversal zone on this pair is between 1.2515 & 1.2557
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Cypher setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets at around 1.2400
Stop loss would be placed above X leg structure resistance.
Target 1 - 1.2456
Target 2 - 1.2421