Oztrade

Oztrade Updated 

Hi All, potential long opportunity here with a small BAT pattern. If price falls to our entry level and we dont get stopped out before price reversal - I would be looking to extend TP2 If we hit our TP1 we would move our second entry stop to break even. When we have a clear indication of price action continuing upwards and a retest of the structure A Leg we...

Oztrade

Hi Traders, I have been watching this over the last couple of days, seeing we are getting close to a potential break and close above our B Leg thought to get this up for those who trade this pair and this pattern. We seem to be testing this B Leg area for some time. If we have a break and close above I would be looking to get short at the 88.6% Bat Entry. I...

Oztrade Updated 

Hi Traders, just thought to get this one up might be some signs to squeeze a small amount here. We have formed the XABC of a small BAT Pattern. Looks like we have passed the B Leg Fib confluence at the entry with a 61.8% from our lowest to highest structure. As always entries targets and stops on screen. EURUSD showing signs of bearish from TDA Targets to...

Oztrade

Hi Traders, another 1 to keep on the radar. Potential shorting opportunity for the GBPAUD currency pair. XABC Formed - as always entries targets and stops on screen. Targets to be adjusted when we have a D completion and price reversal unless we get stopped first. Pattern will be invalid if we violate A leg or Price goes beyond X Leg - which ever comes first....

Oztrade Updated 

Hi Traders, didnt get a chance to post this up before we hit the D Completion. I was actively managing my portfolio and had about 10 or so orders sitting waiting to be filled yesterday. When having a 7 pair portfolio. We need to ensure to stay on top and dont miss our opportunities, consistency is key when trading advanced patterns and actively managing them...

Oztrade Updated 

Hi Traders, here we see a potential BAT Pattern - still not yet closed below our B leg but we have formed the XABC As always entries targets and stops on screen. Targets to be moved when we have a D completion and see price reversal If we violate the X leg pattern is invalid If price goes above the A leg pattern is also invalid Stops to be moved to our...

Oztrade Updated 

Hi Traders, a long way off this even though we have yet to break and close below the B Leg - some signs showing we may see price action move downwards. Always good in our early predictions to try and keep on top of our trading. Daily candle on the 24/04/2018 shows from that high to the 29/05/2018 Candle that being an XA move this price has now hit the 78.6%...

Oztrade Updated 

Hi Traders, just posting this Advanced Pattern forming. In the lower time frames price action is moving sideways hopefully we get some sort of movement, if we break to the downside possibilities for this advanced pattern. We also have some previous structure just below the 88.6% level which should act as support If we fall below X, well, we would look to be...

Oztrade Updated 

Hi Traders, just thought to get this up in case anyone missed this one forming. Hopefully it publishes in time for those to take a look. As always Targets entries and stops on screen. Initial targets to be moved on D Completion Stops to be moved to break even if price hits entry and falls to our Target 1. Pattern will be invalid if we pass X leg or If price...

Oztrade

Hi Traders, thought to get some early predictions on the charts. We all look for these opportunities and can only predict the charts the best we can. I recently posted a small Bullish Bat opportunity. If that in fact falls to hit our entry, I would suggest a 3 target entry and see if we can ride it upwards. Obviously its only a prediction regardless of that my...

Oztrade Updated 

Hi Traders, just thought to get this one up for those who trade this pair and this interval. We see that the XABC has formed within the rules for BAT Pattern. Looking for a break and close below the B leg and we should potentially see price fall to our 88.6% which would be our entry level. Things to keep in mind if we break above our C leg this pattern then...

Oztrade Updated 

Hi Traders, another potential counter trade with the EURUSD, for those who also managed to enter the previous pattern and got long on this pair. We see now a signal for counter trade. I am currently long on this pair and GBPUSD and we hit both targets TP1 and end of the week not quite getting the TP2 but we are in for break even on the second targets either way. I...

Oztrade

Hi Traders, another top down analysis here. Not much on the lower time frames in the lines of advanced patterns. However this may present an opportunity for the lower time frame traders to keep an eye on these price levels for price reversal. Always a good idea as well when performing your analysis to make price alerts. This way you wont miss these key area's. I...

Oztrade

Hi Traders, for those who trade on the weekly timeframes here is an opportunity for a shorting position. I dont trade weekly its not in my rules. Just thought to get this posted, something to keep on the radar. Its also a good opportunity if price action reaches this level there may be an opportunity in the lower time frames to get in and short. Always good to...

Oztrade

Hi All, just thought to get these up for those who trade this pair and these patterns, something to keep on the radar. Also for those who took the previous Cypher and managed to get their orders in, perfect signal for a counter trade. As we see this pattern forming the Blue Cypher will put a short entry just above our Target 2 for our current open order. If...

Oztrade

Hi All, just running some weekend analysis to get ready for next week trading. Here we have a potential chance on the AUDUSD. Formation of the XABC for a BAT pattern. Price has yet to close above our B leg but we are very close. Early predictions are always good to set ourselves up for potential opportunities. If we look left at our X leg you could choose the...

Oztrade

Hi All, Just thought to get this up for those who want to keep it on the radar, important to early predict the lower time frame charts as we see movement a lot faster. Keep in mind if the A leg is violated this pattern is invalid. If we pass the X leg pattern also become invalid but can still see price action fall. As always Entries Stops and Targets for Bat or...

Oztrade

For those who trade GBPUSD Early prediction - always great to keep on the radar - looks to be 2 advanced patterns forming. Obviously there are a couple of options depending on your rules trade 1 or trade both. These patterns will be invalid if price action goes beyond our AC leg or go past our X legs - price action has yet to close beyond our B Legs Targets...