Great setup for us here on the GBP/AUD as we have a Flag Pattern (which often breaks to the direction of the flag) and a Gartley. If the Gartley completes at the 78.6 retracement level then we have a great R/R as we move up to the upper structure level of the correction pattern. I wouldnt recommend having profit targets any higher then that, as the bullish...
Potentially great trade setup on AUD/USD if the market manages to make a move into our "killzone". I am selling at the approximately 61.8 retracement of the larger move or the 88.6 of the more recent move which would make it a Bat Pattern if we get a little retracement and then a move back up into the "killzone". Either way you look at it, this is a great trade...
Here is another potential trade for you guys. Sell at the resistance level or do you think the market can go higher and complete the Crab Pattern?
A lot of opportunity on the eur/nzd pair. Buy at the completion of the Gartley Pattern, profit taking levels on the Gartley are multiple but i recommend taking profit around the previous top. If the market continues to the upside Sell around the 1.27% - 1.414% extension of the Larger move.
Great possible trend continuation trade if we get a pullback to the "killzone". If we get the pullback hop on the trend and ride it down the the 1.27% extension for a 3/1 or 2.5/1 Risk/Reward depending how much breathing room you want to give the market.
Great Shark Pattern setting possibly forming here on NZD/USD on the 30 min if the market moves all the way to 0.65500s. It completes at a resistance level for added confidence in the set up. Great Risk/Reward as well. Happy trading
Great potential trades on the 4 hour if get the move down. Possible Bat and Gartley Pattern
Trend continuation or the Bat, which one do you guys fancy more? Take the chance and buy at the 1.27% extension to the downside or wait for the completion of the Bat Pattern at the 1.618% extension / 88.6% retracement and ride that back up to 1.09460? Take your pick. Happy trading :)
Here are a couple trading opportunities for you shorter time frame traders. Bullish Bat and Gratley. Great risk/reward on both. Happy trading
A lot of opportunity here on EUR/NZD. We have 3 very high probability Bullish patterns with great R/R and 1 Bearish Cypher with a good R/R as well. Pick the one you like best but remember to watch the news events in the coming days. If we get some really negative news out of EU, I would not be so confident in these Bullish Patterns. If we get similar to expected...
Massive Bat Pattern and a smaller Butterfly Pattern that complete roughly at the same spot. Great risk reward on the Bat Pattern. Awesome trade setting up here on the 4 hour.
Big potential Cypher pattern here on nzd/jpy and a possible smaller Bat pattern . One is going to complete. Which one are you going to trade? Trade the Bat or wait for the Cypher? Happy trading
A lot happening here on 1 hour aud/usd . We have a potential Cypher Pattern (blue),then a Butterfly (red) at 0.71447, followed by a Crab Pattern (green) and then finally a massive Bat pattern (yellow). Many trading opportunities here. Choose which one you you like the best, or just trade all of them. Happy trading :)
Stops for the Crab go 1.51350s. Looking for targets at 1.54800s and then a SELL for the completion of the ABCD pattern. Happy trading :)
We just had a completion of a Crab Pattern on at the 1.52714 (1.618% ext. of AC move). Looking for 1st target at around 1.1.54860 and then a possible SELL again to complete the ABCD pattern at around 1.49500s. Stops for the Crab pattern go at around 1.51350 or lower. Happy trading :)
Great trade setting up here on the daily chart. Very low risk with a great potential profit. Happy trading
Good potential trade setup here. If we get a pullback to about the 61.8% extension creates a great selling opportunity. Profit taking at the 1.618 extension. Happy trading
Great potential trade setting up if we get the pullback to around 1220. Happy trading :)