kschiangb6

kschiangb6

A Bullish Cypher is forming on the daily charts of Tesla Motors Inc. (TSLA). Currently, price has completed the initial extension leg AB and CD when it is making a reversal at the 127.2% and 141.4% extension zone. The next leg, if the pattern is to remain valid, is a move downwards towards the 196.73 area where it meets the 78.6% Fibonacci Retracement level of the...

kschiangb6

A Bullish Bat Harmonic Pattern is forming on the 4-Hour Chart of USDCHF. Planning to long this pair at 0.93730 with the stop loss @ 0.93407. TP1 @ 0.94418 and TP2 @ 94841

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A nice Bullish Bat is forming on the 4-Hour chart of AUDCHF. This one has some nice confluence of Fibonacci levels at the Potential Reversal Point D. Check out the details from blog post here: simplychartpatterns.wordpress.com

kschiangb6

There's an interesting Bullish Cypher forming on the Daily Chart of AUDNZD. The completion of this pattern could lead to bullish move in prices which will ultimately complete the larger Bearish Gartley which is also potential forming on this chart. For more details about this setup, please read this blog post: simplychartpatterns.wordpress.com

kschiangb6

Spotted a small Bullish Gartley forming on the 4-hour chart of NZDUSD. It may be slightly too early to call, given that Point C is still forming. But nonetheless, the Fibonacci ratios line up nicely at Point D with the 78.6% Fibonacci retracement level of the XA leg. For more examples of Harmonic Patterns that I trade, please visit my blog at...

kschiangb6

A Bullish Bat is forming on the 4-Hour chart of AUDCHF. A series of confluences of Fibonacci levels make the Potential Reversal Zone a tight one. Read all about here: simplychartpatterns.wordpress.com

kschiangb6

Here's another Bearish Gartley forming on the 4-Hour chart of EURAUD with a confluence of Fibonacci levels at the Potential Reversal Point. Read all about it here: simplychartpatterns.wordpress.com

kschiangb6

Spotted this Bearish Bat forming on the GBPAUD 4-Hour chart. The Potential Reversal Zone at Point D consist of several confluences of 3 Fibonacci ratios. Please read all about the details in my blog post here: simplychartpatterns.wordpress.com

kschiangb6

Found a Bullish Bat Pattern forming on the 4-hour chart of AUD/USD. All the required Fibonacci levels are present and are in confluence. Please read my blog post for more details of this setup. simplychartpatterns.wordpress.com

kschiangb6

Spotted an almost perfect Bearish Gartley Pattern forming on the 4-hour chart of EUR/USD. There are several features on this setup that makes this pattern almost perfect. The 78.6% Fibonacci retracement level of the XA leg is in almost perfect confluence with the potential retracment of 127.2% Fibonacci level of the BC leg and the perfect AB=CD pattern also falls...

kschiangb6

Here's another harmonic pattern forming up on the 4 hour chart of the NZD/CHF pair. This time it is a Bullish Gartley. The Fibonacci ratios where the various legs retrace to makes this an almost perfect Gartley Pattern in my opinion. Please feel free to read my blog post at: simplychartpatterns.wordpress.com for more details on the various levels of confluences...

kschiangb6

Just sharing another harmonic pattern, the Bullish Bat pattern, which is forming on the Daily chart of NZD/USD. It is not the most perfect of formation. But there is still close confluence of 3 Fibonacci levels at Point D. Anyway if you want to know more details about the Fibonacci levels that make up this pattern and my personal trade plan for this setup, please...

kschiangb6

This Bullish Bat pattern looks pretty good with three Fibonacci levels in confluence with a previous support zone too. Looking to trade this long when price reaches down to Point D. For a more detailed description of the confluences I found on this pattern, please read my blog post here: simplychartpatterns.wordpress.com

kschiangb6

A Bullish Gartley has formed on the 60 minute chart of AUD/USD. There is good confluence of Fibonacci levels at Point D completion of the pattern. Price has already bounced off the reversal point. I'm personally waiting for a double bottom and bullish divergence on the RSI to happen before trading this. For more details on this pattern, please feel free to read my...

kschiangb6

Found this nice looking Bullish Gartley Pattern forming on the 4-hour chart of the GBP/CAD pair. The pattern consist of several Fibonacci retracement levels, like the AB leg retracing to 61.8% level of the XA leg, the BC leg retracing to 50% level of the AB leg. For more details of further confluences found in this formation and my personal trade plan for this...

kschiangb6

Yet another Bearish Bat pattern forming on the Daily Charts of AUD/USD pair. The features and confluence observed so far make this one worth waiting for for me. The point D is confluence cluster of several fibonacci retrace and projection levels. For more details of my analysis and my personal trade plan for this setup, please feel free to view my blog post on...

kschiangb6

I was doing my regular Sunday night search for new trading opportunities for the coming week and stumbled upon this Bearish Bat Pattern. It has all the features so far of an almost perfect Bat Pattern. For a more complete analysis and my personal trade plan for this setup, please feel free to view my blog post here: simplychartpatterns.wordpress.com

kschiangb6

An almost perfect Bullish Bat Pattern forming on the Daily Chart of Facebook. Confluence fib levels for XD leg (88.6%), BC Leg (161.8%) really close to create a Potential Reversal Zone (PRZ).