Charts price in all available information to the public. Something big is going to happen soon with the US Dollar & Equity markets. Be on the lookout.
Gartley 222 on Daily Chart - plan to ride into a reversal @ Cypher completion at 0.8 even handle. Wedge forming into the Gartley completion is icing on the cake.
Short USDJPY could possibly break channel lows - will be extreme downside if this happens.
Bull Flag / Pennant on the daily/4h time frame, simple long off retest of Trendline. Cable has been lagging for a while, I think it's time for sterling to shine.
Bat Pattern with near perfect Fibonacci levels, Fibonacci retracement/extension/inversion cluster & Trendline confluence on the WEEKLY chart. Chance for a major swing trade in the future - keep your eyes out.
Just like the idea i posted on GBPJPY, the smaller pattern was profitable today and we had to take in some drawdown, but price action seems like it wants another try at the macro trend reversal - I do not think this will succeed, as I am fundamentally bullish on the Yen. I think we get a good opportunity at this bat completion for a short - I am frontrunning my...
Made some money off this morning's idea, but price action did not seem like it had serious respect for the gartley. Here is a slightly larger setup, close to the underside of a weekly Trendline that has been respected; cypher pattern. Stops and targets are for visual purposes, I do plan on holding this trade for a larger swing.
Bearish Gartley GBPJPY 15M chart, could turn into a trade using larger timeframes
Good risk reward opportunity. Confluent Daily Chart Resistance, Trendline as well as the Yen being in an uptrend that I do not think will end anytime soon. I will be looking for long Yen opportunities for the time being.
Desc. Triangle larger timeframe (Daily), 15m confluent analysis @ breakout level
FX:AUDUSD seems to be forming a bear flag on the large timeframe, there are some nice potential opportunities for a gartley completion which would also be a cypher C leg - instead of taking targets @ 38.2% for the bearish cypher I will probably hold longer term to see if we can break out of the channel/bear flag.
OANDA:AUDJPY Combining Fibonacci analysis & macro trends. It is important to understand what is likely on higher timeframes to confirm your analysis on lower timeframes. Ultimately I trade the Daily & 4H most often confirming my ideas with Macro Analysis such as this and using 1H & 15M to confirm low risk entries on lower timeframes. Some traders could end up...
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