UnknownUnicorn107271
Generally not a fan If of harmonic patterns on anything lower than the 1hr but if the D leg completes it will give an excellent R/R taking profits of at the 38.2
Looking to front run my entry on this just a little to ensure I get filled
Nice Bat pattern completion, good luck!
Generally not a fan of the swissy but I see a nice possible short on the 4hr. You can see the price being rejected several times at the 95.00 even handle. Could just as easily break above close above and continue up but with a great R/R on the short I am looking to take targets at 38.2 retracement of the previous low.
Possible gartley if the ABCD completes or we could see a gartley completion if reversed back up into 78.6 fib
AUDJPY has a Gartley completion on the daily, as i missed my entry i have dropped down to the hourly and watching for a possible retracement back up into 38.2 fib. I drew my zone in between the 38.2 and the 95.000 even handle as price likes to touch them even numbers. Stops i have placed looking left at previous support /resistance which also happens to be the B...
Got on it early n the Asian session, working out quite well. I was expecting a little more of a battle getting up there. But hey it hasn't got there quite yet.
Cypher on the 60M, they seem to be on a roll at the moment.
As i write we may seem some down side before heading up to the 78.6
Nice bat pattern completion although we could endure a little pain as it could drop down into the 1.0474. With stops below X and a bit of luck hopefully it will turn around and hit my target at 38.2 retracement.
We have a possible BAT and BUTTERFLY completion setting up, normally i would trade a bat over a butterfly, but as the butterfly D leg completion comes down into the 127% fib AND into structure well it's a no brainer for me PLUS the R/R is a whole lot better. Thumbs up if you agree
Possible bat completion at the 88.6 with a great R/R
Something you don't see everyday 4 patterns in one, although a lot of people would trade the cypher shown but technically it's not a cypher so personally I would not trade it even though it payed off.
Nice bat / butterfly set up with a potential 88.6 / 127 ratio confluence. Thumbs if you like.
Normally wouldn't trade butterfly's past the 127% D leg completion but will this time as in comes into structure, 141/161 ratio confluence.
Potential bat D leg completion if price can break above resistance sitting currently at 0.98318. Second hurdle will be to make that final push past the 78.6% (where some good structure lies) and push into 88.6%. If that happens then I will be looking to take profits at target 1 moving my stop to break even and push for target 2.