Forexpert
nzdusd bullish crabLet me start by saying I'm not a fan of the crab pattern. The situation is this pair had a pattern that was very close to the correct ratios and that patterns d point is where the market is currently. The only way I will get excited about this crab pattern is if the market starts dropping soon. However, if this turns into a valid crab pattern, as you can see the pip potential is massive. It would definitely be a money maker!!!!
nzdjpy Bullish ButterflyThis is a potentially huge trade. I am looking forward to watching this pattern form over the week. I am starting to see patterns forming on several pairs. I'm not going to bore you with a ton of detail. All the info you need is on the chart. I'm off to find several more potential trade set ups. Remember 1-5% per trade and a whole lot of patience will grow your account faster and faster. If you want to learn how to find great patterns like this one message me and join the planets hottest and fastest growing fx team!
sysusd Bearish batI found a bearish bat here but not a super strong pattern. I have recently started my journey with crypto so I am more or less getting some practice in and seeing how the patterns translate
GBPUSD BEARISHBATI like this pattern simply because on lower timeframes their are bullish patterns. I am not going to take this trade unless an absolutely perfect set up forms. But with Halloween close the Bats are ready to come out and play. Theyre out for blood but I'm out for money!!!! I will update this pair on Tuesday so stay tuned........
AUDJPY BULLISH BUTTERFLY AND GARTLEYI actually like this as it shows strength in future bullish movement. I will watch both patterns and I guess where a reversal happens is going to determine which pattern is valid. Both entry points are at past support so only time will tell on this one. All trade set up details are in the chart pic
EURGBP 1 Day Bullish GartleyI found this pattern forming on the 1 hour timeframe with huge profit potential for the patient. A valid gartley will be reached at .88072 which is where I will watch for a reversal to enter this trade. Take profit level one and 2 are marked in the chart. This may take a while to prove itself as a valid harmonic pattern or to prove itself invalid. As for it being on a one day chart, each candlestick represents a full day on the market which will give you an idea of the patience necessary. Thank you as always for looking at my idea and remember to only risk 1-2% of your account per trade!!!
AUDUSD trend analysisThis chart is on the 1 hour. A falling wedge with previous lows charted. I did take a short trade on this and if it gets within 5-10 pips of the first previous low I will close there. I also have analysis on this pair with a bullish harmonic pattern that is very similar with its entry level to the take profit level on this short trade.
EURUSD bullish bat 1 dayHere is a little confirmation for the previous chart I posted of eurusd head and shoulders. On the right shoulder is a bat pattern which is leading it to finish the head and shoulders pattern. If this harmonic pattern breaks I will take a long trade and if the pattern completes I will take a long trade from D.
nzdusd NO VALID HARMONIC PATTERNI keep seeing nzdusd charted as a bearish bat and I have to disagree. There is no almost when it comes to the ratios in the pattern A bat pattern MUST meet the following criteria with no exceptions.
x-b= .382-.50
a-c= .382-.886
b-d= 1.618-2.618
x-d= .886
In nzdusd I can not see a way to get x-b below .50 or equal to .50 therefore, it is not valid. Please do not ever force a trade.