Bracketing the market with two advance patterns + BIAS and POV
Hi guys we got a near to complete bearish Cypher pattern by which we can enter short prior to our bias that the X point of our Bear Cypher could be our A point of our potential Bat pattern. So price breaking the red line (Bat POV) would invalidate our bull Bat pattern setup. Above that we also got a potential Bearish Gartley Pattern. And take note of the upper trend line as it could hit our potential bearish Cypher pattern. Will it make or Break? A breakout below the lower trend line can give us another aggressively short position and target would be on a potential bullish bat pattern setup by which could give us another LONG opportunity.
Bear Cypher:: 1.0608. Stops above the X point.
TP1 and TP2 would be the 38.2 and 61.8 of the Patterns CD point, so with the extended target on the Bull Bat pattern.
Bear Gartley Pattern: 1.0639
Bull Bat Pattern: 1.0507
Bear Cypher:: 1.0608. Stops above the X point.
TP1 and TP2 would be the 38.2 and 61.8 of the Patterns CD point, so with the extended target on the Bull Bat pattern.
Bear Gartley Pattern: 1.0639
Bull Bat Pattern: 1.0507
評論:
In 30 mins we got a high impact new coming with the USD. Expect for a movement.
交易進行
交易結束：達到停損點:
if you have taken the cypher pattern. Now waiting on the bearish Gartley to enter our trade SHORT. And take note that the Bull Bat setup is also already invalid.
評論:
Take note that we have still a valid Gartley Pattern. Watch closely if price would reach our price level for the gartley completion as we can go and take another bearish pattern which is a deep gartley that will complete on the 127.20% AB extension of the Gartley's structure.