UnknownUnicorn300837

UnknownUnicorn300837 Updated 

Second opportunity this week, Currently in this bearisk Cypher. Let's see if it hits targets or not !

UnknownUnicorn300837

After spending the entire last week sitting on my hands as the market did not give me any opportunity that met my rules, been presented with 2 opportunities today. Quick Cypher on the GBPUSD 15M that hit target 1 (visible on the 5M chart) and then BE.

UnknownUnicorn300837 Updated 

I started testing a trend following strategy based on Bollinger Band on H4 and Daily timeframe. Spotted this break of Bollinger compression on the H4 on this pair. I'm testing 8 different stop placement on this strategy (4 based on the signal candle, 4 based on the previous low/high). As shown on the graph, if my prediction to retest the lows is correct, that...

UnknownUnicorn300837

Little different idea than usual I have on my radar : Price is at major resistance/support on the daily + RSI went overbought on first test If we get a second test with RSI divergence, I will be waiting to get my rules met to enter aggressively on that double bottom. If rules are not meant I will be waiting for a 2618 (more conservative trade). Good luck in the...

UnknownUnicorn300837 Updated 

Just been filled on the bullish purple Cypher (front running my orders) and if it hits both target it will then be on its way to complete the bearish blue Cypher, thus a potential back-to-back on this one ! Let's wait and see! Plan your trades and trade your plan !

UnknownUnicorn300837 Updated 

If price hits target 2 on the Bearish BAT that we spotted earlier today, then we'll be offered a bullish Cypher as an opportunity to ride the price back up. Let's wait and see. But remember, stick to your trading plan and trading rules.

UnknownUnicorn300837 Updated 

Posted earlier this week the BAT and potential Cypher on this pair. Well, both patterns hit both targets and we're now presented with another bearish Cypher on this pair. Let's see if this one will also be a winner : 3 in row ? :)

UnknownUnicorn300837 Updated 

Last pattern on my radar today : another bearish BAT approaching completion. Potential 45 pips profit to target 2 Now that the hard work is done, need to wait and see if we get filled and how those patterns will play out ! But remember to stick to your trading plan ! Good luck in the markets today !

UnknownUnicorn300837

On this pair we are being offered this potential bearish BAT pattern. Price has already broken the B leg so orders can be placed. Nice risk to reward as always on BAT, and nice little potential profit to target 2 (about 30 pips)

UnknownUnicorn300837

Not too much on my radar today, besides a few patterns setting up. Starting with this potential Bearish Cypher. Price has not crossed the B leg so we're way ahead but will keep on high on it. Risk to reward isn't great, which is typical Cyphers, but the potential profit to target 2 are about 80 pips which could be interesting.

UnknownUnicorn300837

Depending your strategies, stop rules, and so on, we are presented with several potential buying opportunities on this pair : 1) bullish purple Gartley that completed a couple hours ago (I missed the entry on that one) which is a deep gartley and thus great risk to reward ratio on that Gartley 2) price might retrace a bit, retest the recent lows at the Gartley D...

UnknownUnicorn300837 Updated 

Been eyeballing this potential cypher since last night and finally got filled. Nice risk to reward ratio on this one keeping in count that Cypher typically have inverse risk to reward ratio. Now that the hard work is done, let's wait and see how this one will play out ! Stick to your trading plan !

UnknownUnicorn300837 Updated 

This pair is offering us a potential head and shoulder on this timeframe, with equal highs and lows on the shoulders. Aggressive traders could place sell orders a few pips under neckline with first targets at retest of previous structure high and second target at retest of the lows. Stops could be placed 10 pips or 1 ATR above right shoulder.

UnknownUnicorn300837

Advanced Patterns are definetely a great tool in the traders toolbox to spot opportunities and make profit when the market is in consolidation. This pair is offering us 4 potential gartleys, whit the 3 smaller ones offering a great risk to reward ratio and stop size. Now it's just about letting the market move and see if we get a chance to get in ! Good luck...

UnknownUnicorn300837

GBP has been quite active in the last couple hours and is now back at structure where we can expect some relief. I will be looking for potential counter-trend opportunities at that level on lower time frame to take some profit out of a potential relief in the market.

UnknownUnicorn300837

Had been spotting that potential BAT yesterday while BC leg was forming, but since the move was not finished, had not idea if it would complete or not (so had no orders placed). Woke up to a completed BAT with missed entry, but placed orders at the completion point in case price would retest it, and just got filled in. Now that the hard work is done (analysis...

UnknownUnicorn300837 Updated 

As markets are consolidating and going sideways, lots of patterns have been forming on lower timeframes today. Got filled on this bearish BAT, let's see if it performs as painless as the Cypher on AUDUSD :)

UnknownUnicorn300837

Nice bullish Cypher that easily hit both targets.