Here we have a nice example of a ROUNDED BOTTOM pattern. Here is a continuation pattern, but it could be a reversal pattern if the market was trending in a downtrend before the pattern occur. --> Very good Risk To Reward Ratio ( 1:4.5 = 450 pips). WATCH OUT FOR THIS PATTERN BECAUSE IT OFFERS VERY GOOD MOVES ! ! !
Here we have an amazing example of the ROUNDED TOPS. It's the best example that's in the market! --> AMAZING Risk To Reward Ratio (3000 pips) --> Rounded top aren't always a reversal pattern, it could be a continuation if the market was moving downtrend before rounded tops. DON'T MISS ROUNDED TOPS AGAIN, BECAUSE YOU SEE WHAT OPPORTUNITY IT IS ! ! !
Here we have an example of a DESCENDING EDGE. --> It has HUGE Risk To Reward Ration 1:10 (1000 pips). --> It easy to spot, but watch the breakout.
Here we have a nice example of the ASCENDING WEDG. --> It has a very good Risk To Reward Ratio ( 1:6 = 600 pips). --> It's easy to spot, but watch for the breakout.
Here we have a nice example of a DESCENDING CHANNEL, which is a continuation pattern. The take profit target was to 1 : 4.5 (450 pips), but you could extend it even to over 900 pips. DON'T LET ANOTHER CHANNEL LIKE THIS UNTRADED ! ! !
Here we have an example of an ASCENDIN CHANNEL. Very good Risk To Reward (1:9 = 900+ pips). DON'T LET AGAIN a trade opportunity like this ! ! !
Here we have an INTRADAY trade with an ABCDE correction pattern for CONTINUATION. ENTRY: (1.5410 - 20 pips) STOP LOSS: (1.5430 - 20 pips) BE: (1.5390 - 20 pips) 1:1 TP1: (1.5370 - 40 pips) 1:2 TP2: (1.5350 - 60 pips) 1:3 CONFIRMATIONS: 1) The market is in general downtrend (trade with the trend ). 2) ABCDE correction pattern for continuation. 3) 1H resistance at...
Here we have an example of a head and shoulders pattern. It doesn't always look exactly like the perfect H&S, so train your eyes to see it when it occurs. --> It doesn't always retraces to the neckline but when it does it's a lower risk trade ! --> Once the H&S break the neckline, it has validity only if it stays below it !
Here we have an example of a diamond pattern with a very good risk to reward ratio ( 1 : 7.5 = 750 pips ).
EURCAD is in a downtrading market and it just made an ABC correction triangle witch indicates a continuation at 50% Fibonacci retracement. It may convert into an ABCDE pattern but if it still hold the resistance level at 50% of Fib, you should short ! ! ! HAVE FUNN & HAPPY PROFITS ! ! !
Here we have an example of a bullish flag. It has a very good risk to reward ration ( 1 : 7 = 750 pips ). It's an easy pattern to spot and you can combine it with Fibonacci retracement or support/resistance or whatever tool you want. DON'T LET ANOTHER FLAG UNTRADED ! ! !
Here we have 2 examples of a flag pattern. A smooth one & an aggressive one, both works quite well. You can combine it with a Fibonacci retracement or support/resistance or whatever toll you want. It's easy to spot & if you catch the breakout the risk to reward is very good ! ! !
GBPUSD is at the top of a channel & at a resistance are ( previous high, go left to see it). It formed a nice price action (Doji candle = indecision candlestick) It's a veeeeery good risk to reward ration! TAKE YOUR CHANCES ;)
Here we have a beautiful cup with handle with over 1 : 6 risk to reward (600+ pips). The only thing you have to do is to follow the criteria and enter the market at the breakout of the handle. It's very simple with very good risk to reward ratio. DON'T LET AGAIN THAT CHART PATTERN UNTRADED ! ! !
As you can see the market offers plenty of times 1 : 4.5 trades with over 450 pips each. It's an easy pattern to spot and to trade. GOOD LUCK THE NEXT TIME YOU WILL FACE A CHANNEL ! ! !
Here is an a example of a BEARISH CHANNEL. Successful top to bottom was 200++ pips profit each time (4 opportunities). Breakout was at 750 pips. IT'S A NICE CHART PATTERN TO TRADE ! ! !
CONTINUATION PATTERN - NAKED ANALYSIS 1) It was in an uptrend 2) Ascending trendline as support 3) Supply area 4) Breakout above the supply ---> It's a high probability trade, don't miss your chance !
1 : 3 TRADE Use 1/2 risk because it's a risky trade for the reason that we don't have a clear price action. But the market is in the top of a sideways channel and it probably will get down to fill the big impulsive move cause of the news. 1:1 BE 1:2 TP1 1:3 TP3 HAVE FUN & HAPPY PROFITS ! ! !