Here on the 4H GBPAUD we have a nice flag pattern after bouncing from the 50EMA. After breaking out of the flag we returned to the trend line and put in a Bearish Engulfing candle. This gives me a reason to short this market for at least 1:1 with a stop loss of 97pips.
I am taking a short position on NZDJPY. stops are above the resistance 25pips tp is at 74.4 This pair seems to be consolidating.
potential unified gartley close to completion.
potential unified gartley pattern. looking for reversal in .786 - 1.13 zone
Advanced butterfly trade rules Target 1: 38.2% retracement of AD leg. Target 2: 61.8% retracements of AD leg. Stop loss: 141% XA extension When Target 1 one is reached, half of the position should be closed and the stop loss of the remaining half should be placed to breakeven.
Buy limit at 1.76529 Target 1: 38.2% retracement of AD leg. Target 2: 61.8% retracements of AD leg. Stop loss: 113% XA extension When Target 1 one is reached, half of the position should be closed and the stop loss of the remaining half should be placed to breakeven.
Target 1: 38.2% retracement of AD leg. Target 2: 61.8% retracements of AD leg. Stop loss: Always above X. Either 113% or 105% XA extension, or 1 ATR beyond X. Some some traders use 10 pips past X level. In this trade it is 5% above x. When Target 1 one is reached, half of the position should be closed and the stop loss of the remaining half should be placed...
advanced gartley pattern complete Target 1: 38.2% retracement of AD leg. Target 2: 61.8% retracements of AD leg. Stop loss: Always above X. Either 113% or 105% XA extension, or 1 ATR beyond X. Some some traders use 10 pips past X level. In this trade it is 5% above x. When Target 1 one is reached, half of the position should be closed and the stop loss of...
gartley setup. TP at 38.2 and move stop to breakeven
potential cypher setup, if price action reaches the prz stop loss 5% below x convential TP - 38.2 and 61.8 CD