EURUSD short opportunity (confirmed)Hi Freedom Traders,
on the 30min EURUSD there is a confirmed high probability trading chance.
The completion of a bearish Bat Pattern would give us a nice trading edge. Going hand in hand with a 50% retracement of the bigger timeframe down swing.
You find possible entry and exit levels for minimazing risk and maximizing profits in the chart.
Happy Trading!
Xabcd
USDJPY Bullish Bat (confirmed)Hi Freedom Traders,
on the USDJPY 240min chart a member of the Freedom Trader Community spotted a high probability trading chance.
The completion of the Bullish Bat Pattern offers us a trading advantage and a chance to buy the USDJPY.
You find possible entry and exit levels for minimizing risk and maximizing profits in the chart.
Happy Trading!
USD.CAD - BULLISH CYPHER SETUP - 1.3029On the USD.CAD 1hr chart we have a potential long opportunity's at the D leg completion of bullish Cypher setup.
The price reversal zone on this pair is between 1.3029 & 1.2980
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 1.3180
Stop loss would be placed below X leg structure support .
Target 1 - 1.3099
Target 2 - 1.3141
EUR.USD - BULLISH CYPHER SETUP - 1.0534On the EUR.USD 4hr chart we have a potential long opportunity's at the D leg completion of bullish Cypher setup.
The price reversal zone on this pair is between 1.0534 & 1.0453
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 1.0750
Stop loss would be placed below X leg structure support .
Target 1 - 1.0647
Target 2 - 1.0716
Attention Swing Traders: Bullish Gartley in the EURAUD dailyHi Freedom Traders,
the price in the EURAUD is moving towards a Bullish Gartley completion.
This offers us a high probability swing trading opportunity.
You find possible entry and exit levels for minimizing risk and maximizing profits in the chart.
Please note: only consider the trading idea if it fits your trading plan.
Happy Trading!
P.S.: You might want to follow this trading idea as I keep updating it.
NZD/SGD Long term From what I see on the 4 hour chart, I can tell you that this is in fact a long term trade for the fact that it was on an uptrend before October 11th 2016 (first green arrow) and it has still continued to push up.
Furthermore I jotted down a little support line which was retested twice and XABCD + Triangle pattern confirms this uptrend.
Look out for this during the weekend and see if my analysis fits with your trading fundamentals and so forth.
USD.CHF - Bullish Bat Setup - .9915On the USD.CHF 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 .9915 & .9904
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 .9992
Stop loss would be placed below X leg structure support.
Target 1 - .9950
Target 2 - .9972
GBP/NZD shortI see a potential downtrend using the XABCD pattern.....there's a pattern going as well for instance, it's touched resistance 3 times and touched support 2 times..
Also looks like a bearish flag formation has occurred as well so you should hopefully see market break through the 1.68610 support line.
USD-CHF (60min): Triple Play Bat-Gartley-ABCD (confirmed)Hi Freedom Traders,
I spotted an awesome high probability trading opportunity in the USD-CHF.
Why?
When a Bat Pattern, a Gartley Pattern, and a harmonic AB = CD completes at the same level - this level has a high chance to be a turning point in the market. Followed by a fast move towards our profit targets.
Let´s see how this plays out.
Possible entry and exit levels for minimazing risk and maximazing profits are in the chart.
Follow the trading idea if you like it and hit the thumbs up button to support my work.
Thank you.
Happy Trading!
USD/CAD broke support and retested broken supportUSD/CAD has broken through support and has been rested three times, I've used the 4h timeframe to check the prediction and also used the 2hr/2hr timeframe to enter my trade.
I have used a XACBD pattern which shows a bearish cypher pattern. A new triple top has emerged which would indicate that the market will fall heavily.
Hope this is beneficial and everyone hear that is trading, trade safely guys (y)
AUD.USD - Bullish Bat Setup - .7566On the AUD.USD 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 .7566 & .7550
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 .7680
Stop loss would be placed below X leg structure support.
Target 1 - .7617
Target 2 - .7647
EUR.USD - Bullish Bat Setup - 1.0642On the EUR.USD 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 1.0642 & 1.0619
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 1.0790
Stop loss would be placed below X leg structure support.
Target 1 - 1.0713
Target 2 - 1.0756
USD.CHF - BEARISH BAT SETUP - 1.0024On the USD.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 1.0024 & 1.0044
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 .9884
Stop loss would be placed above X leg structure resistance.
Target 1 - .9960
Target 2 - .9922
GBP-JPY: Bullish Bat (confirmed)Hi Freedom Traders,
only being active in the markets when we have an advantaged based on solid data is one of our goals.
Such a high probability trading chance offers us a confirmed Bullish Bat Pattern in the GBP-JPY.
Possible entry and exit levels to minimize risk and maximize profits are in the chart.
Happy Trading!