


KyleMcQuade
EURUSD Daily chart showing a potential bullish crab . Looking for a dip towards the 1.07 with a bounce from the D point. Crab ratios: AB: 0.382 - 0.618 BC: 0.382 - 0.886 XD: 1.618
Perfect head & shoulders on this pair, finding strong resistance at high of 0.96. A bullish head and shoulders in an uptrend classifying as a continuation pattern, with added pressure at this level, a break would produce a short term push to the 1.00 mark. As a swing trader, this should provide plentiful opportunities to enter long positions- particularly on the 4...
3 different harmonic patterns presenting themselves here- the most complete of the 3 being the bullish bat, in red, where each of the main points are bang on so far. Next, in the blue and green, we have a gartley and crab patterns respectively, both also bullish. The latter couple sharing X,A, B AND C levels, with only the PRZ (potential reversal zone) to...
Aussie-Yen showing us a bearish bat running coherently with the weekly channel. Retracements showing a strong bat pattern- B and C points are below the close of price but still on the wick. As always, long as price remains on the wick and has not been surpassed by the body of a following candle, the pattern is still valid. The D point is also approaching a retest...
Here we have a bearish Gartley on the NZD/JPY. Price is approaching a trend line parallel to the top leg of a channel from the daily chart . Looking to take a short position with a reversal around the 75.3 price mark. Retracement levels are ideal for this pattern- the C point is below the close of price but still on the wick. As long as price remains on the wick...
Here we have a bullish bat forming as price approaches the bottom leg of a rising channel on the weekly chart. Looking for a reversal around the 1.0828 mark and taking profit at the 0.618 fib level from A to D. Bat ratios: AB: 0.382-0.5 BC: 01.382-0.886 CD: 1.682-2.618 XD: 0.886
Similar to the USD/JPY setup, instead we have a possible bearish cypher forming on the daily time frame . If the pattern completes I'll look for an entry around the 81.00 - 82.00 price level. Cypher ratios: AB = 0.382-0.618 BC= 1.13-1.414 XD = 0.786
Bearish Gartley on the Daily time frame, looking to go short around the 109. mark. I expect price to push towards the D point then dip towards my TP level as build up to the US presidential Election. B and C points are not dead on the respective high and low, however, as these points have not been surpassed by the close of a following candle, the pattern is still...
Perfect head & shoulders on this pair, finding strong resistance at high of 0.96. A bullish head and shoulders in an uptrend classifying as a continuation pattern, with added pressure at this level, a break would produce a push to the 1.00 mark. As a swing trader, this should provide plentiful opportunities to enter long positions on the lower time frame - specifically 4H.
Aussie-Yen showing us a bearish bat running coherently with the weekly trend line. Retracements showing a strong bat pattern- B and C points are below the close of price but still on the wick. As always, long as price remains on the wick and has not been surpassed by the body of a previous or following candle, the pattern is still valid. The D point is...
Here we have a bearish Gartley on the NZD/yen. Price is approaching a trend line parallel to the top leg of a channel from the daily chart. Looking to take a short position with a reversal around the 75.3 price mark. Retracement levels are ideal for this pattern- the C point is below the close of price but still on the wick. As long as price remains on the wick...
Here we have a bullish bat forming as price approaches the bottom leg of a rising channel on the weekly chart. Looking for a reversal around the 1.0828 mark and taking profit at the 0.618 fib level from A to D. Bat ratios: AB: 0.382 - 0.5 BC: 01.382 - 0.886 CD: 1.682 - 2.618 XD: 0.886
GBP/USD GARTLEY: Staying short on the pound, for obvious reasons. Here is a bearish Gartley parrtern likely to form on the 1H chart. Further consolidation on this pair is imminent considering recent happenings surrounding the EU negotiations and the upcoming US presidential election. Gartley ratios: AB: 0.618 BC: 0.382 - 0.886 CD: 1.272 - 1.618 XD: 0.786
EURUSD Daily chart showing a potential bullish crab. If price falls below 1.10 I'll be looking for a dip towards the 1.07 with a bounce from the D point. Crab ratios: AB: 0.382 - 0.618 BC: 0.382 - 0.886 XD: 1.618
Similar to the USDJPY, instead we have a possible bearish cypher forming on the daily timeframe. This pair is in a weekly downtrend and has recently hit a level of support/resistance. The D point in the pattern could be a retest before further decrease in price. If the pattern completes I'll look for an entry around the 81.00 - 82.00 price level. Cypher ratios:...
FX:USDJPY *First post.. Be gentle!* Bearish Gartley on the Daily time frame, looking to go short around the 109.00 mark. Price may edge past the mark and touch the trend line- i'll go down 4 hour, potential the 1 hour, for my entry point!