paulsandhu

paulsandhu

Stops and targets 1 and 2 indicated on the chart

paulsandhu

SPX500 is waving a bearish flag after the recent sell off. Sell the break out of the channel. G20 news will likely be a catalyst, however as a technical trader I am not concerned about what the news events are!

paulsandhu

Stops and targets on the chart...

paulsandhu

Daily bearish cypher formation at a major level of structure. Wanted to keep this trade low risk given that the index is at all time highs so entries were at structure rather than the traditional cypher entry point. Additional confluences are that the RSI is overbought and that the latest rally was on declining volume, which to me indicates a lack of interest from...

paulsandhu Updated 

A cypher pattern is forming on the daily/4h chart of Gold in line with structure looking left. The daily could potentially print a morning star at this level, however we would require a daily closure for confirmation. On the lower time frame we have three possible entries: 1. There is a smaller cypher pattern forming, which could be your entry reason on the...

paulsandhu

PA seems to be losing momentum on the lower time frame at this harmonic junction. Sell the break down to the specified target levels

paulsandhu

AB=CD completion on the 4h chart w/ a double top on the lower time frame. T1 and 2 marked on the chart. Stops above the highs.

paulsandhu

HNS in the midst of a completed harmonic pattern. Target outlined by pink line, sell the break of the neckline

paulsandhu

Title says it all

paulsandhu

PA is coming into structure resistance. Sell the retest of structure down into the next support zone.

paulsandhu

The market has presented us with two possible outcomes: 1) a bearish Bat or 2) a bullish Cypher One of these patterns is guaranteed to complete - it doesn't mean that they will be winning trades. My bias is towards the bearish bat pattern as the trade would be in tandem with recent bearish momentum and risk off sentiment in the markets.

paulsandhu

The market has printed a bullish Cypher pattern on the daily chart of the EUR/USD. The pattern completed at a decent level of structure and as of now is trading below the traditional entry level for a Cypher pattern. The DXY had a bullish run today, however, a bearish Cypher has completed on the daily chart of the DXY at the same time, which provides additional...

paulsandhu

Short is the trade on XAU/USD at the moment as the market has presented us with a bearish Gartley pattern with various confluences on the daily time frame. When we zoom into the 4h charts we can see that there was a confirmed double top with RSI divergence. The importance of this double top is that the market put in a lower high when it came to retest the point A...

paulsandhu

We have a beautiful bearish bat on GJ with many points of additional confluences. In my system, this would be a high probability pattern, however, you should always test your strategies before you trade them! GJ has failed to break and hold above the previous lower high of the down trend. Technically, we are still in a bearish long term trend on the longer term....

paulsandhu Updated 

PRZ in red box region including ratio confluence and major structure resistance RSI overbought and diverging; stochastic is pointing south and overbought on the bollinger band as well (4h) We have had a harmonic completion on the lower time frame and P.A is now dancing w/ the 21 DMA, which is acting as dynamic resistance —P.S.

paulsandhu

Messy bullish cypher + RSI oversold on 4h and 8h

paulsandhu

Double bearish cyphers —P.S.

paulsandhu

Big bearish Gartley on the SPX500... double top confluence and RSI divergence for additional support