A pending Sell limit with Tight SL and a pending sell stop is waiting at the BO of the lower TL. Extended TP points to a potential Pattern Formation of Butterfly with a confluence of a Gartley pattern
Long and Short. Waiting for either a BO to the upside or downside. We got already a risk free trade from an initial BO, (check related ideas), position stop loss move to BE and taken some into profits already.
Trades Review from November 25 - December 7, 2016 we gain a total of 2,561 pips for the 12 days duration: 1. USDCAD with 145 pips and 195 pips gains: www.tradingview.com 2. EURUSD with 31 pips (tp1) and 42 pips (tp2) gain: www.tradingview.com 3. EURAUD 85 pips (BO-long) 110 (tp1) and 180 pips (tp2): www.tradingview.com 4. GOLD with 118 pips (tp1) and 190 pips...
C pt completion of Cypher Pattern D pt completion @ 78.45 ( LONG ) of Crab Pattern (Reverse Pattern) Note: Must not close candle below 78.385 price. Bulllish Divergence on RSI KEY PRICE LEVELL 78.386-78.606.
Status of the MARKET USDJPY: Position: SHORT TP1: D completion of the Cypher Pattern TP2: Trailing Stop with 40 pips incase the price will break the validity of the upcoming BULLISH CYPHER PATTERN ENTRY 1 stats: Enter LONG @ 107.55 (78.6% of XA leg) SL @ 106.17 (90 pips) 4 units: TP1: 108.40 (135 pips) TP2: 109.23 (217 pips) TP3: 110.57 (350 pips) TP4:...
How I trade this? More on a counter-trend/trend following strategy with the aid of Advance Chart Pattern for price direction (bias): Counter-trend strategy (15mins - 1 hr TF): -2618 strategy (double top/double bottom and 61.8% Fib Retracement for ENTRY) Trend ff. strategy: (15 mins - 1 hr TF) -786 strategy (formation of HH/HL or LH/LL and 78.6% Fib Retracement...
As for advance chart pattern traders, there is a potential Bearish Gartley Pattern form when a breakout (upside) happen at the simple flag pattern SHORT ENTRY @ 81.14 with STOP LOSS @ 82.15 with TP1 @ 80.19 and TP2 @ 79.60. And adding 1 more unit at the ENTRY for a trend continuation to the downside. And as for a simple trend continuation pattern...
There is a chance for price action to retest price at the green zone with that, CD leg of a potential bearish butterfly pattern is formed . Looking for short setup on the HR1 or HR4 time frame. But as of the moment, I am looking for long (in lower TF) and TP at the potential S/R zone.
Just broke out from a potential HEAD AND SHOULDER pattern. There's a short opportunity on the lower TF. Will gonna ride the fall of price when there's a possible setup. Then turning LONG waiting for a confirmation that the trend will trend higher. Looking for a 2618 or 786 strategy for LONG There's also a potential CYPHER pattern incase price broke the...