Michail...Sideris

Michail...Sideris Updated 

An advance pattern trading opportunity lays at previous highs and offer a great risk/reward trading setup. It is also the ideal level to get positioned for the trendline break if it is to occur, althouth our trading rules for the trendline break indicate to sell after the break and retest. With regards, Michail Sideris

Michail...Sideris

Trendline has broken and retested. Big volume in the bearish candles. The market also cross and close below EMAs. Sell according to the plan. Kind Regards, Michail Sideris

Michail...Sideris

A Gartley advance pattern trading setup is forming. The D point would be at a key resistance level , market has a consolidated bias which favors pattern creation and confirmation. There is also AB=CD completion above Gartley's D point. The AB=CD pattern trading rules indicate the entry point few pips BELOW D. RSI and price action would be our guide but right now...

Michail...Sideris Updated 

Gold just can't stop giving us clear advanced pattern trading setups! It's time for a GARTLEY bearish pattern formation after the profitable confirmation of the '222' Gartley and Cypher earlier in the week. The entry, SL and TP levels as in the chart. Minimum Reward/Risk=2 With Regards, Michail Sideris

Michail...Sideris

The plan is to wait for the market to retrace at the EMAs and the fibonacci levels to confirm the break and short according with the price action. If you have already a short position from the BAT pattern trading setup then relax, that entry level is perfect. Keep your position! With regards, Michail Sideris

Michail...Sideris

As you can see in the chart there are potential trading setups in this pair. If you are not familiar with the fibonacci inversion trading setup I will update later this Idea with an educational post. As far market is trading below a significant level. Although technical analysis maybe justify a short position from that level. This is not part of my trading plan. I...

Michail...Sideris Updated 

GARTLEY BEARISH PATTERN We have a pattern trading setup Take profit targets and stop losses as in the chart

Michail...Sideris Updated 

What is the '222' Gartley? That advanced pattern in which AB=CD leg and D point is not exceed X. So, we have a '222' bearish Gartley formation with RSI Divergence in 1 hour timeframe.

Michail...Sideris Updated 

Price broke below the consolidation channel, has retest the broken structure and took the heading to the lower structure

Michail...Sideris Updated 

A possible scenario in USDJPY for the following weeks

Michail...Sideris

Quick trading setup at structure level.There is RSI divergence at 1h timeframe. You can use more tight SL if you want according the price action

Michail...Sideris

When we have a broken trendline we always looking for a pullback-retest of the trendline or for an advance pattern formation in order to enter the market at the direction of the break. Here there is a pending Cypher pattern formation that gives us the reason we are waiting for. SL and TP points as in the chart

Michail...Sideris

Two short opportunities depending on the price action

Michail...Sideris Updated 

This Batman call is the entry reason to short this pair, a decent enough trade with small losses and big profit

Michail...Sideris

A potential bearish Gartley pattern. There is also confluence of two major fibonacci levels at the entry point D.

Michail...Sideris

A 2618 setup will give us the reason to short the pair in order to close the gap

Michail...Sideris Updated 

Gartley Pattern in TVC:USOIL chart Entry point: 47.37 3 Targets

Michail...Sideris Updated 

Another opportunity for short, SL and TP on chart. As far all the Cypher patterns I have posted the last year reached their targets..