Please do like if you agree with this idea. :)
Read through the chart! This will help you to get the ideas
Look at my Previous post about cypher pattern formation which is successfully executed!!! I've posted before on 1 hr time frame the current pattern is bat pattern formation. If the bat pattern reaches target 2 @61.8% retracement, that means the completion of the gartley pattern on this 30 mins chart. Okay then. This pair is always on my radar because this is my...
Here we go :) Just trade the plan. Not that we are not planning our trade. But just give the chance the market to prove that our edge will work for long period of time. Good luck and good trading. Look for Price action if you want to enter this trade
Bearish Cypher formation has formed on this pair. This Pair is my trading Pair. My target is at 61.8% retracement
Im predicting there is a shorting opportunity at 1.28197. This is a bat pattern formation in 1H chart. Stop has to go above Previous structure high around 1.28524. My target will be at 1.27208.
There is a potential Bearish Cypher Formation in the 15min charts. I dont know what will happen, but based on the technical knowledge, around the area of 78.6% there is an opportunity to get short as a pattern trader. I just trade according to my trade rule. No Emotions based decision!!
Forget about getting it right or wrong. But based on the chart representation and technical knowledge on chart pattern, what i do know if the price reaches 78.6% fibonacci retracement. I have a chance to get long for a short period of time. Bullish Cypher formation.
There are so many opportunities and ways to get involve. In My Previous Post, I shared trade ideas of getting short in this pairs. But you can do counter trend trade in this pairs too. Where you see the price reach extended target of 161.8%. As you can see this is Bullish Crab Formation.
So now the market just going south without retracement for my Previous Bullish Bat Trade. But i think there is a lot of opportunities in getting involve in this market. This is my trade idea only. The price now makes lower low, lower close. There is a potential to get short at area (Potential future resistance) where Previous Structure Support may become...
As you can see above, by reading the trend structure. The market is in a downtrend mode. There is a shorting opportunity at area 79.028 to hop on to the trend. Stop Loss needs to be above Previous Structure high to give breathing area for this trade to play out. My extended target will be at area 78.099. This is just my view on market structure.
Potential Bullish Bat Pattern Formation on Aussie - Yen. Look for Price action at area 0.886 retracement as shown above. Click like if you agree on this idea. This is my share trade ideas.
This is my trade ideas only: As you can see there is a possibility of getting long on this trade where Potential Reversal zone is at 0.886 Retracement of XA move. Look at the area of the Reversal zone. I don't want to take an aggressive approach in this trade for getting long. Instead i'm looking for price action at 0.886. Plan your trade, trade your plan.
Please Share your ideas too The Price is now at Previous Structure Level. Possibility there might be reversal at this area where "Previous Support Become Resistance". Do add filters before you enter short in this trade. Example: Look for RSI oversold, Daily Reversal candle formation, Double Top formation on 4H chart. This is just my shared ideas. But sure i...
Look for the price action on area 0.886 for long position
Long Opportunity on 78.6% retracement, This is my shared ideas only
I am looking for structure retest, conservative approach ;) you can set your order at area 0.786 of XC. Goodluck, Plan your trade, trade your plan
there is a shorting opportunity on area 1.11919