Kjetil_Johannesen

Kjetil_Johannesen Updated 

Price broke through our recent structure putting in a huge candle, and seems to stall at our next structure level. There are several fibs confluencing in my killzone, and RSI is now overbought. Looking for some reason on lower timeframe to go short, either a double top or lower low/lower close. Looking for target1 at retest of the strong support-level at around...

Kjetil_Johannesen Updated 

There's a bearish Gartley forming at the top of our descending channel. A little less than 1:1 risk/reward as stops need to go above the wicks to the left of X. Price usually likes to test the highest/lowest structure when they are this close. However, given that this is at the top of the channel, and that price has been rejected there several times already, this...

Kjetil_Johannesen Updated 

AUDUSD is in a bearish trend, and therefore I am looking for short opportunities. I've predicted a killzone or a potential reversal zone indicated by the blue square. We have an AB=CD pattern completing in that zone, and we also have a confluense of 1.414 (minor) fib extension measured from my A-B of the AB=CD pattern, and a 0.618 retracement measured from the...

Kjetil_Johannesen Updated 

We are hovering near a structure level at around 169.550's. RSI on daily shows significant overbought condition at the x of this potential 4H Bat-pattern. If price reaches our Bat's D-completion, the daily chart will most likely have a valid double-bottom as well. Price has been bearish for a couple of months, breaking and closing below the structure at around...

Kjetil_Johannesen Updated 

EURJPY is at the moment consolidating which is a good thing for pattern traders. Spotted this potential Cypher about to complete. Always conduct your own analysis before placing a trade.

Kjetil_Johannesen Updated 

A bearish Gartley is emerging at USDJPY 1H. Be aware, though. Even though my bias is bearish, there seems to be a lot of buying pressure around this area as we are near daily structure low. Always conduct your own analysis before placing a trade.

Kjetil_Johannesen Updated 

We have an emerging Bat pattern on AUDUSD 1H. Overall trend is bearish, which gives a higher chance of a profitable trade. Always conduct your own analysis before placing a trade.

Kjetil_Johannesen Updated 

We are closing in on our D-completion of a potential bullish Gartley on the USDJPY. If we reach our D-completion and the daily candle closes above X, we also have a valid double top on the daily with overbought RSI and divergence. This could be an ideal trade to trail your stoploss and reach for daily targets, or ofcourse take your traditional targets. This...

Kjetil_Johannesen Updated 

A bearish Cypher is forming on the AUDUSD. The overall trend is also bearish, which tends to increase the probability of a winning trade. Always conduct your own analysis before placing a trade.

Kjetil_Johannesen Updated 

We are nearing the completion of a bearish Bat on EURUSD near our upper support in the regression channel. As always, conduct your own analysis before placing a trade.

Kjetil_Johannesen Updated 

I believe the AUDUSD still has a few pips left in the downward direction to retest the previous daily low at around 0.06910. Therefore, I've been looking for a reason to enter. Looks like I found it. We have an amerging gartley building up. Yet another good risk/reward. If price can reach the D-completion, I'll be entering with a limitorder. And remember:...

Kjetil_Johannesen Updated 

Price has put in a lower low, lower close on the daily chart, which gives me a bearish bias. The C-leg of a potential bearish gartley is complete, and I'm now waiting to see if price reaches the D-completion for a shorting opportunity in the direction of the overall trend. Given that the B-leg retraced as far as it did, the risk/reward on this one is fairly...

Kjetil_Johannesen

It's all about the Gartley's tonight. Third one I've spotted so far. We have broken previous structure low on the daily, and retraced back up a bit. I was looking for a way to go short to try and hop on the bearish trend down to the next daily swing low when I spotted this Gartley. Always conduct your own analysis before entering a trade.

Kjetil_Johannesen Updated 

I mostly trade advanced patterns, but trying to improve my skills at trend continuation trading. I'm trying to do something ambitious here. Be sure to conduct your own analysis before entering a trade. EURUSD0.56% is in a bearish trend on the 4H chart. What I'm trying to do is catch the outside return from a signal on lower timeframe which would give me a...

Kjetil_Johannesen Updated 

Two potential bats on the USDJPY 1H, one big, and one smaller one. Both bearish Bats in the direction of the trend.

Kjetil_Johannesen Updated 

There's a potential Cypher setting up at AUDUSD 4H. Good risk reward on this one. I'm trading demo, so I'll be taking this as a practice. This is not a season I would put real Money in the markets.

Kjetil_Johannesen Updated 

We just had a lower low, lower close on the daily chart, which to me indicates bearish continuation. Dropping down to the hourly, I found this potential bat in the making.

Kjetil_Johannesen Updated 

I reentered this as a 2618 trade.