We got a short opportunity on a Bat formation at the 0,94900 even handle, with stops above the 0,95300 evne handle numbers - with trend on the AUDCAD with the overall bearish trend, remember we got a lot of news comming out this week, so look into your own trade plan and risk management to see if you should engage in the market in these market conditions. Kind...
Here on the sunday opening we are looking into having a short in place if price hit´s the major structure resistance we are running into. The formation of an advanced cypher pattern may give us a defined rules based entry, not right at the resistance, but we hopefully catch the move with the entry at the PRZ 162,025 Have a good week in the markets Kind...
We are currently long this Cypher formation at structure support from last week, thought i would post it if anyone else would be interested in this setup. Kind Regards Thomas Jeff
Here we got a similar situation as we just posted on the EURGBP a Bat formation on an even handle number 2,0700 for a potential continuation of the trend. Our setup is a little too high for a good structure confluence, and we are going onto heavy news, so watch out before you engage in this situation, it´s just an idea. Kind Regards Thomas Jeff
Here on the EURGBP we got a short opportunity at the 0,76300 even handle number on a Bat formation going for a continuation of trend. Remember we are hitting a lot of news so check your trade plan before engaging on anything you don´t normally do. Kind Regards Thomas Jeff
We got an at market order here on the EURUSD on this trend continuation trade off of structure resistance, R:R is not the best, but the win ratio on this pair is very high so it´s a short for us at the PRZ Kind Regards Thomas Jeff
The market is slowly comming to live today, we are looking for some pullbacks on most pairs, to look for some trend continuation trades. But here on the NZDUSD we got a bearish Cypher formation we are looking to go short on. The RSI have already been over bought and the market have reversed sharp. So there is the possability that the move have already been made...
It´s been a slow week, market´s are still heavily trending, we had a trade on the NZDUSD yesterday a cypher at the resistance. Here today we got a trend continuation trade on this bearish trend with an advanced Cypher formation at the structure resistance. RSI is about to get over bought. Our PRZ level are 0,94670, stops above X structure resistance + the 0,94900...
I think this is one of the last setup´s we have on the radar for the Monday, we have a potential counter trend setup here, price is actually at a very good structure area from back in November 2015 so it´s not as much in the middle of no man´s land as it looks, but we are still only looking for one target. Our PRZ level are 0,93854 Remember it´s only an idea,...
Here on the EURGBP we are in a range bound market, down at the bottom structure support at the channel we got a Cypher formation forming, we have had a pretty free falling market, with some momentum bars today, which have made RSI go down near the oversold area, so let´s see if we catch price for another run at the range. Kind Regards Thomas Jeff
Guy´s we had this Bat with strong trend winner over the weekend, which i think is a good lesson. These "Harmonic" patterns are not so harmonic in my mind, it´s % retracements of extentions and retracements, and that means a pattern can look beautiful and harmonic, but it can also look cluttered and not very harmonic. The important thing is the ratios fit. When you...
It´s monday, it´s a down trend, it´s an outside return, it´s a Bat pattern in a potential trend continuation move. RSI is move upwards overbought R:R is good, let´s see if we get´s up there. We finally broke out of a lot of strong trend´s across a number of market´s which is good for us that trade consolidation. Kind Regards Thomas Jeff
Hei guy´s it´s been a slow week, with all these directional market´s at the moment for us. - But here on the USDCAD it looks like the minor bullish move is loosing strenght, and a bearish rotation is starting to take over on a lower timeframe perspective. On higher timeframe we are mearly at an outside return of the bearish trend we have been in for a while. So at...
Here on the AUDCAD we´ve been on a downtrend for a while, we´ve come to a structure support area were we have made a double top so far that have hold up the price. Right now we have formed a Bat formation at structure looking to make a potential triple top then push price up to our target, before price will eventually continue the trend. our PRZ levet are...
It looks like the strong downtrend we have had is stalling, and during that consolidation we´ve got this potential long opportunity on a Cypher harmonic pattern. PRZ level are 073500 even handle number, stop goes below X, Target is on the chart. Kind regards Thomas Jeff
Here on the USDCAD we are in a long term down trend, but we are currently on the "top" of an outside return - which means we are at a decission point where price can continue the longer term downtrend, or continue the short term uptrend. On the chart we got a bearish Cypher formation at structure resistance, so IF price gets up to our PRZ level -Then we go short....
Here on the NZDUSD we have been in a downtrend lately, looking for a minor pullback to hop on a trend continuation - We got this Cypher pattern setting up with price retracing up near our PRZ at 0,67708 Kind Regards Thomas Jeff
We got a bear cypher at 1,09000 at the psychological even number, stops above X. We went short at market right now. Good luch Kind regards Thomas Jeff