Short Gold Gold is at a significant level now with major structure from multiple sources. I will be trading a shift in sentiment on the lower time frame with targets already outlined on the charts.
Learntotrade
GBPCHF Daily Bullish Bat Potentialon the GBPCHF chart we could get a potential Bullish Bat .
The completion of the Bullish bat Pattern offers a trading advantage and a chance to buy the
GBPCHF
D completion point shows ratio confluence with the 161,8% of AB.
The PRZ zone is only a guideline where we will be paying attention to.
GBPJPY 4hr = BAT potential and maybe a ABCD patternHello traders,
I see a potential BAT Pattern and eventually a ABCD Pattern on the 1hr chart.
the D leg from the Bat could come in nicely with the ABCD (D) Leg.
This pair is on my radar.
Note:
since I am still learning the Patterns etc. this is my Idea
I would be happy to hear what you guys think.
USDJPY Pennant Pattern BreakoutSyndicate members there will be a video coming out on this shortly, but I wanted to share with you guys a potential breakout trade that I have on my radar this Tuesday Morning.
If you're unsure on the different ways to trade these types of simple consolidation pattern you can check out the video I posted 2 weeks ago titled "How To Trade Breakouts"
But there is a lot of potential upside on this trade especially when you consider the levels of structure that we have just broken & the next levels of potential resistance that lie on the daily around the 111 even handle.
Ugly Impulse leg. Hidden OpportunityWill be looking at the Completion of the Bat Pattern for a pottential short opportunity
USDCADNon farm payroll has kept me away from the USD pairs as this pair will be very volatile and unpredictable in the way it moves however I have still analysed it. On the 1 hour window im expecting price to keep moving within the side trend for now and potentially come down to 1.31403 and break below down to1.31073, if not it will come down to around 1.31403 and then bounce back up and continue along the side trend. More fundamental analysis may be required due to this news (Non farm payroll)
2 Advanced Pattern formation on USDJPY 4HOne gartlety which is at market. and Bat waiting for compeletion at 103 Even. TIme to consider where to place your stops and have a minimum stoploss. I have a rule for max stoploss of 100 pips. so I will wait for price action to come with in that Zone.
I will use the filter of RSI being over bought and Divergent for a reason for entry on the lower time frame
EURNZD H4 Short Setup Ready NOW!EURNZD H4 short setup ready now.
Enter after checking your rules of engagement.
This trade has a great potential with a risk to reward ration of 1:6.
Enjoy your pips ;)
Any questions, feel free.
Zak
Pottential Bullish Opportunity on the $AUDUSD 240.Will be looking at the Bat pattern Completion for pottential long opportunities Much as the Impulse leg is Ugly.
Pottential Bull Bat on $NZDUSD 1HLooking for 886 Fib retracement for D completion for a reason of entry.
Bear Cypher Pattern on the $AUDCAD 60MINlooking at major structure on the Left lining short of the D completion of the Cypher Pattern for a potential Short entry
EURUSD: Bearish Bat, Bearish Cypher, Structure ShortWe've had this one on our radar for a while now & finally price action has reached the completion point for our Bearish Advanced Bat Formation. (There's also a potential Bearish Advanced Cypher Formation hanging out a little higher)
Because this pattern formation is to large for my liking, I'll be keeping an eye on the Pre-Brexit highs for a structure based trading opportunity as my way to potentially get involved. As mentioned in last nights video, I'm actually not to sold on this level as my analysis on the HTF's is telling me bullish breakout. But if there's a conservative way to involved myself (that meets my rules of course) then I'll be in. After all, as a counter trend trader we're only looking to grab a cookie crumb from the market & not a full cookie.
Akil Stokes
Chief Currency Analyst & Head Trading Coach
www.TradeEmpowered.com -The Premier Online Trading Education Company
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BEARISH BAT WITHIN TREND! HIGH RISK REWARD |SWING TRADERetracing in form of a complex pullback back into structure which now should act as resistance. Expecting further downside continuation based on daily timeframe.
Trade your plan!
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Weak GBP/USDThis trade is worth the risk on many levels
1. Beautiful Risk / Reward
2.Cable is very weak no confidence
USDJPY: Structure/Advanced Pattern Formation ShortWe have a few things happening here on the USDJPY. First off we've had the completion of a Bearish Advanced Bat Formation at 105.88. Because the required risk to involve myself in this trade is outside of my allowable range, i've involved myself using structure & price action.
As we approach the pre-brexit highs, you'll notice that not only has the momentum started to slow, but we're also seeing bearish divergence on the RSI as we hit our resistance level.
Syndicate Members, if you haven't gotten to it already, this was one of the trades talked about in tonight's video so give it a look for a more detailed explanation.
Good luck in the markets this week traders! Let's trade smart and leave those emotions on the sidelines.
Akil Stokes
Chief Currency Analyst & Head Trading Coach
www.TradeEmpowered.com -The Premier Online Trading Education Company
Trade Empowered on YouTube goo.gl
YouTube goo.gl
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@AkilStokesRTM (Instagram, Periscope, Snap Chat & StockTwits)
Bearish Bat Pattern Entry on GBPAUD for Trend ContinuationBearish Bat Pattern within overall trend of this pair. Trade YOUR plan!
Good luck, Felix.
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Fan Out! USDJPY Breakout?Seeing as today is Canada day (sorry), and it's about to be a big fat 3 day holiday in the US my view is that everything US is going to rise today in value in preparation for the break.
In the case of the USDJPY I am currently now open with 100 points in fx spread LONG with the red horizontal ray at 102.3 dictating my stop.
Not really sure how far I want to let it run, maybe all day, especially if the fan breakout materialises - Turn the Rhianna up #bitchbetterhavemymoney #stbinary #comeandactuallytradealready
