1 time frame going long. This isnt the best of looking patterns. However, price action has been respecting the 1.22000 even handle number looking left and previously when price came into this level it made a new structure high, ultimately I am predicting price to reach the 1.24000 so very bullish. So may look for extended targets depening on how price moves.
This is trading idea for today. This market has just broken structure so theres a potential continuation at play here also but price is also showing an iverted Head & shoulders should a reversal and this is all on the 1 hour time frame but I'm looking for a potential but at the New structure low created. But if theres a break of the highs then the pattern will be...
Currently in this trade. Its a very ugly Cypher patter and there is also news that came out but again I dont trade the news and i'm aware of the probabilities on this particular paid as its the best performing and I know how it likes to move so will see how this plays out. Tell what your trading this week or whats on your radar or whether you think this is a pattern.
Agressive entry into Bearish Cypher patter. Waiting to see if get filled.
Sorry forgot to post this, this morning. But we are looking at a bullish CYPHER. There is a lot of fundamental news so trade carefully but I backtested with out concern for news. Thats just me. Let me know if you do it differently. whats on your watchlist?
Currently looking at a potential bearish bat patten, entries @ 141.837. Stops @ 142.246. Target 1 @ 141.420 which is a minimum 1:1 risk/reward and T2 @ 141.162 which a 1.65:1. Whats on your watchlist?
Price action is in a bullish trend. The risk reward is as per the picture. Let me know your thoughts? Whats on your watchlist?
Bearish bat Pattern. Currently in the trade. Price action has been struggling to get above the 1.24000 pschological number and on the weekyl time frame this is a major price zone. Price also made a lower low than the previous low indicating or the first sign that price wanted to go lower. As im currently a pattern trader got all the rules for a Bat pattern you can...
Price has a bearish bias on the 4 hour but has gone back into consolidation.