fx1

fx1 Updated 

WARNING: PLEASE DO YOUR DUE DILIGENCE BEFORE ENTERING A TRADE. If price goes upto 1630s then would a nice probabilty to short as D also lies along previous zone of S+R. This also signal towards weaker USD until the pattern reaches completion @ D.

fx1

**1ST THING I CAN'T PROPERLY ALIGN THE FIBS, PRICE POINTS WILL DIFFER THOUGH IDEA REMAINS SAME. Now based on Fibs as per my drawing & Bat Pattern:- X2A fR gives B= 0.50 & D @ 0.886 = $3.07 B2C fR gives D @ 1.618 = $3.08 So go long at $3.07 based on trading though I dont trade weekly or monthly due to amount of drawdown if things go wrong.. But if we clone the...

fx1

Low @ B as per TV = 1.71754 but X2A fR of 0.50 must touch B = 1.71678 to fulfill BAT criteria. So will just observe... even though its not a BAT & will not trade anyway though I expect the price to fall to 0.886 & then would have been a nice point to go long from there.

fx1 Updated 

Expecting a Bullish bat to complete. Can't find valid cases for entry other than the bat pattern. (Though zone of entry is along the areas of past structure =S as well as resistance= R; but sometimes moves have been somewhat below and above i.e breaking/defying those S & R) My Point of entry is 2.618 to create a better RR ratio. ( instead of .886 & 1.1618...

fx1 Updated 

PLEASE DO YOUR OWN DUE DELIGENCE BEFORE TAKING A TRADE Buy limit order & entering around the area of X2A Fib Retracement of .886 B2C Fib Retracement of 1.618 A2D Fib Retracement ''Take Profit '' target 1 of .382 (Minus ? pip spread) A2D Fib Retracement ''Take Profit '' target 2 of .618 (Minus ? pip spread) Stop Loss @ 1.13 Case for entry - Entry area is...

fx1

0514 GMT Wed 17/01/2018

fx1

Just found the cypher patterns & will see how they behave. The D of the patterns does not point exactly where to enter but just gives the PRZ

fx1 Updated 

Buy limit order & entering with X2A Fib Retracement of .886 @ 1.43763 X2A Fib Retracement of .50 @ 1.44644 B2C Fib Retracement of 1.618 @ 1.43771 A2D Fib Retracement ''Take Profit '' target 1 of .382 (Minus 1 pip spread) @ 1.44525 A2D Fib Retracement ''Take Profit '' target 2 of .618 (Minus 1 pip spread) with @ 1.45003 Stop Loss @ 1.43205 Case for entry -...

fx1 Updated 

On 4 hour chart the cypher pattern is forming which has D near the trend line (in Black). If the price comes down steeply then order @ .786 can be filled with respecting the trend line. If price falls sidewise then entry @ .786 may fall below the trend line and may suggest downward move with price not respecting trendline. X2C Fib Retracement of .786 @ ...

fx1

I will only watch how this unfolds as 'when in doubt just stay out' rule applies here. I am doubtful about how I have drawn the trend line. But if my trend line is acceptable then a sell limit order of X2A Fib Retracement of .886 @ 2.08646 of this BAT comes near the trend line which may act as resistance again & it may reverse. Similarly if my trend line is...

fx1

On 4 hour chart the cypher pattern is forming which has D near the trend line (in Black).

fx1

X2A Fib Retracement of .886 @ 124.737

fx1

Sell Lim,it order @ B2C Fib Retracement of 1.618 @ 1102.19. Stop Loss @ 1106.42 TP 1 @ 1094.12 TP 2 will leave it open

fx1

X2A Fib Retracement of .886 @ 135.499

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X2A Fib Retracement of .886 @ .66387

fx1

will only watch because of Greece vs EU

fx1

X2A Fib Retracement of .886 @ 1149.59 B2C Fib Retracement of 1.618 @ 1152.59

fx1

X2A Fib Retracement of .886 @ 1.54451 B2C Fib Retracement of 1.618 @ 1.54474 Using B2C fib R of 1.618 for entry in this case Remember to update your A2D Fib Retracement ''Take Profit '' targets of .382 & .618 with changes in the point D. Also take into account the spread of the specific pair when setting Take Profit targets .Or else you might miss the Take...