An excellent R2R trade on a massive triangle breakout. Price had just closed above the Nov 2015 high. Enter long market, stops below previous week's low. Target 0.7650. Turbulence expected at 2015's high of 0.7308 - active management at this level is required.
An opportunity to go long on AUDJPY H4 chart. The Bat pattern appears to be failing, with the rectangle breakout likely. Harmonic pattern failures are sometimes great trading opportunities, especially when coupled with another pattern.
A Bat pattern forming on the Kiwi, with an initial reaction already off the top of the PRZ. A nice area to go long as well, with good support, plus weekly trend is bullish. Awaiting for TBar to print. Alert set at the bottom of PRZ.
Another H&S setup, this time on the EURCAD. Price has broken below previous support, so a good opportunity to go short. Stops above yesterday's high, targets at July lows. Enter short market.
An interesting development over at EURUSD, with a Triangle breakout to the south side imminent (pending daily close, of course), PLUS, a possible Bat pattern forming which is attempting to breakdown the B-point support. Aggressive entry - enter short market, stops above today's high, target price at .886 retracement of XA leg. Excellent R2R.
Gartley forming. T-Bar printed. RSI not yet overbought however lower time frame showing divergence. Daily/weekly trend still down. Enter short market.
We're seeing a completed H&S on the 4-hour chart, however price seems to be hesitating at previous support. Excellent risk to reward - definitely worth a shot.
A possible daily chart triangle breakout in progress. For a safer bet we can wait until daily candle close, sacrificing risk to reward ratio.
An excellent opportunity offered by Cable. Sterling continues to be trading within a Daily trangle since the Brexit move. Previous Gartley ended profitably for this pair, hopefully this is another nice one :) PRZ is a nice area, with trendline support. TBar printed. H1 RSI oversold and retraced. Price reaction confirmed. Good R2R. Enter long market Monday morning.
With the price blowing through the H4 Bat pattern PRZ, the pair is now setting up for a bigger breakout of the continuation H&S pattern in the D1 chart. A close above the Dec 2015 high will confirm the pattern and sets up a massive long opportunity. A long call just a day after a short call?? Well, flexibility is a required trait for successful trading.
A possible Bat forming, with a PRZ in a nice resistance area. RSI heading to overbought zone. Should get an opportunity early next week. Stay tuned.
A possible Gartley forming on the H4 chart.
Not the most precise of Gartleys, but worth a shot. PRZ in support area, looking for short term reaction. TBar printed. RSI oversold and retraced. Let's see.
Coming up to a multi-year resistance zone. WIth an inverse H&S. Awaiting the market to show its hands. Interesting...
A nice Gartley forming, with PRZ in resistance area. Awaiting TBar to print.
A near perfect Gartley set-up, with overbought RSI. TBar printed. RSI exited overbought zone this morning. Price showing a reaction in the PRZ. Go short market.
Another nice Gartley setting up. PRZ at resistance zone. Alert set at 1.1294 for TBar.