TheDailyTrader_FX

TheDailyTrader_FX Updated 

Pair is potentially forming bullish bat pattern completing at 1.90500. Min R/R ratio on the chart. ATR stops below sarting point X.

TheDailyTrader_FX

Following the completion of bearish cypher pair has declined and taken out my T/P 1 for the cypher trade and now pair is potentially forming an intraday bullish 5-0 pattern completing at 1.13050 which also happens to be a completion of bullish reciprocal ABCD pattern. If this pattern works out and pair breaks and closes above the resistance @ 1.13569 then that...

TheDailyTrader_FX Updated 

Pair is currently forming a bullish deep crab formation that completes right at the structure support level. RSI must be oversold and diverging to confirm buy signal at these levels. BUY @ 1.49340 S/L @ 1.48585 T/P 1 @ 1.50417 T/P 2 @ 1.51104 T/P 3 @ 1.51849

TheDailyTrader_FX

Following a drop pair is forming bear flag (on daily), with this nice potential bearish butterfly inside the bear flag, completing right at the resistance of the flag. If this works out then it could also be a nice level for trend following entry, with extended targets near most recent low. My entry technique for this pattern will be sell order 2 pips below the...

TheDailyTrader_FX

I will be using this Bat pattern as short entry on this pair. If price pushes up to this level then i will be looking for a sell signal on lower time frame . RSI must be overbought and diverging to confirm sell signal. ATR based stops above the pattern starting point X. Minimum Risk/Reward Ratio for this trade is 1.45(TP1). Trade your plan and good luck in the...

TheDailyTrader_FX

I will be using this Bat pattern as short entry on this pair. If price pushes up to this level then i will be looking for a sell signal on lower time frame . RSI must be overbought and diverging to confirm sell signal. ATR based stops above the pattern starting point X. Minimum Risk/Reward Ratio for this trade is 1.45(TP1). Trade your plan and good luck in the...

TheDailyTrader_FX

Following a recent swing down at the end of the last year, pair is now potentially forming a bullish bat pattern completing at 1.82725. If price comes down to this level then I will be looking for entry signal on lower time frame. When price is approaching this level RSI must be oversold and diverging to confirm buy signal. ATR based stops below the patterns...

TheDailyTrader_FX

Following a recent swing down at the end of the last year, pair is now potentially forming a bullish bat pattern completing at 1.82725. If price comes down to this level then I will be looking for entry signal on lower time frame. When price is approaching this level RSI must be oversold and diverging to confirm buy signal. ATR based stops below the patterns...

TheDailyTrader_FX

Pair is potentially forming bullish bat pattern completing at 1.90500. Min R/R ratio on the chart. ATR stops below sarting point X.

TheDailyTrader_FX

Bull cypher completing at 124.161 . ATR based stops below X

TheDailyTrader_FX Updated 

Pair is currently forming bullish head and shoulders pattern after hitting major structure support and long term trend line . RSI has been oversold recently and is now diverging. I'll wait for pair to push price up to the previous structure support @ 1.31838 and wait for pullback from there, down to broken neckline of H&S .

TheDailyTrader_FX Updated 

Pair is currently forming bullish head and shoulders pattern after hitting major structure support and long term trend line. RSI has been oversold recently and is now diverging. I'll wait for pair to push price up to the previous structure support @ 1.31838 and wait for pullback from there, down to broken neckline of H&S.

TheDailyTrader_FX

Following break of bearish channel pair is targeting major structure level, at 1.00500, that has been respected number of times in the past. Below that level pair is potentially forming Bearish Crab pattern completing right at 1.00500. Setup is meeting my trading and risk managment rules, and will be entering this with a limit order as cab patterns tend to be very...

TheDailyTrader_FX

Following break of bearish channel pair is targeting major structure level, at 1.00500, that has been respected number of times in the past. Below that level pair is potentially forming Bearish Crab pattern completing right at 1.00500. Setup is meeting my trading and risk managment rules, and will be entering this with a limit order as cab patterns tend to be...

TheDailyTrader_FX

Pair is forming bearish cypher . I ll be looking for entry signals around this area on lower time frame. RSI should be overbought and diverging to confirm sell signal. ATR based stops above cypher starting point X.

TheDailyTrader_FX

Pair is forming bearish cypher. I ll be looking for entry signals around this area on lower time frame. RSI should be overbought and diverging to confirm sell signal. ATR based stops above cypher starting point X.

TheDailyTrader_FX

After hitting resistance of bear flag that pair is potentially forming on weekly It has now formed Bullish Three point correction wave, representing a Bearish Alternate ABCD pattern on 4H time frame. and Bearish Gartley on 4H as well Looks very bearish so far. Now,best thing about all this is that pair is currently forming a Bear Cypher pattern on Hourly...

TheDailyTrader_FX

After hitting resistance of bear flag that pair is potentially forming on weekly It has now formed Bullish Three point correction wave, representing a Bearish Alternate ABCD pattern on 4H time frame. and Bearish Gartley on 4H as well Looks very bearish so far. Now,best thing about all this is that pair is currently forming a Bear Cypher pattern on Hourly...