A bullish Cypher is finishing on EURUSD 1H, RSI diving into oversold territory provides an argument for a LONG entry. T1 @ 382 of CD leg, SL below X. Previous structure suggests possible better entry at around the 886 retracement. Solid price action leads to pattern completion. Took the CD leg on structure and candle signal, waiting for price to hit entry level
A bullish Cypher pattern coming to a finish on NZDUSD 4H. Took the CD leg with target @ 786 retracement. Previous structure suggests a better entry near the 886, however rules are rules and are used for specific reasons. T1 @ 382 of CD leg, secondary target @ 618 nearing previous structure resistance (inside). Overall uptrend on this pair plays for a favorable...
Bullish Cypher coming to a finish CD leg on an overall uptrend on USDCAD 1H. I´m favoring T1 @ previous structure high considering the trend, stops below X, RSI entering oversold territory.
A Cypher potentially coming to a finish on NZDJPY 1H currently on a pullback of the CD leg. Fib extensions and previous structure suggest perhaps a trip to the .886 retracement but entry is @ .786. T1 @ .382 of CD leg moving up stops once it is reached. Risk Reward is not fabulous but it´s in an upward overall trend.
A Cypher finishing on NZDUSD 4H. Previous structure high 30 pips above .786 entry spot could prove for a better entry and reversal. T1 on .382 (B Retracement is previous resistance, could prove a good support test before continuing to T2) and T2 on .681 CD leg. RSI divergence on overbought with price action losing strength to the upside.
An odd looking Gartley but a Gartley nonetheless is finishing on EURUSD 4H chart. A Bounce on the .786 XA leg would also begin the CD leg of yet a larger Bearish Gartley. Structure lows provide good argument for LONG entry along with an RSI entering oversold levels. C point coincides with .382 retracement of AD leg and is also previous structure high giving a good...
A Bullish CYPHER pattern coming to a finish on CADCHF 1H. RSI sliding toward oversold territory favoring a LONG entry. First target @ .382 retracement of CD leg. Previous structure lows around .74638 could provide a slightly better entry just below the .786 retracement level.
A Bat pattern is coming to a finish on CADJPY 1h. First target @ .382 retracement of AD leg. However, previous structure lows could provide better entry a bit below the .886 XA retracement @ 82.356 to 82.206. Price action around those levels will signal a better entry perhaps. RSI is heading into oversold territory supporting a LONG entry.
A Gartley coming to a finish on EURCAD 4H. First target @ .382 retracement, Secondary @ .618. Decent R/R ratio. RSI coming into oversold favoring a LONG entry @ around 1.43201.
Bullish Butterfly pattern finishing on 1H EURJPY. 1.27 extension on previous structure favors long entry with RSI on oversold. Previous structure support provides good target for TP1. Price action loosing steam approaching 1.27 AB Ext providing a nice PRZ.
After some consolidation the range broke to the upside on EURUSD 4H, it provides good opportunity to wait for the retest of support. Price broke through previous structure targeting next previous resistance.
An Alt Bat pattern JUST FINISHED ON 4H GBPCAD turning on previous structure lows. First target @ .382 retracement of A-D leg with secondary targets @ .618 retracement.The entry past .886 gives a better R/R Ratio. RSI is on oversold favoring a LONG entry.
A Bearish Cypher pattern just finished on 1H EURJPY looking to retest .786 entry spot on previous structure. RSI hovering near overbought, favoring a SHORT entry. First target @.382 retracement of CD leg (previous structure resistance), secondary TP target @ .618.
A nice Bat finishing on the 1H of EURGBP, good entry opportunity @ candle signal reversal near X limit. RSI overbought favoring a short entry with ratgets @ .382 and .618 of AD range. Small SL, good TP ratios.
A nice Butterfly pattern is trying to get to the finish on 1H EURAUD. Price action is currently testing a support @ 1.53607. If the level gives there are 3 nice levels with previous structure lows to determine an ample Possible Reversal Zone. The possible XA extensions @ 1,27, 1.414 and 1.618 range from 1.52970 to 1.52125. What is interesting is that the support...
Bearish Cypher pattern finishing on 1H NZDUSD. Entry near the .6800 handle, so look out for stop hunters. Entry on .886 recommended for better TP ratios. First target for profit @ .382 of CD. RSI on overbought favoring short entry with slight divergence. Overall trend down, secondary target @ .618 retracement of CD leg. SL placed with some slack above X due to...
A nice Bat finishing on 1H GBPUSD, this trade is a continuation off a previous Cypher and an AB=CD pattern. TP are placed @.382 AD retracement, secondary @ .618. SL placed below X, taking into consideration previous structure lows, look left....This could retest previous support @ 1.4638. RSI oversold favoring a LONG entry. We´ve done well with this pair hitting...
A Gartley pattern is coming to finish on 1H EURNZD. Trade is active on the CD leg of the move. Previous structure low suggests entry @+- the .886 retracement. RR ratio is acceptable to the .382 TP target which could help a further Trend Continuation Trade to the CD finish of another bigger pattern developing. RSI entering oversold limits which favor a long entry.