15M TF Swing Failure Trading ExampleIn this idea I show you how I trade swing failure patterns.
This is good for any time frames but lower time frames are preferred.
Very simple idea yet works pretty nicely.
Let me know what you think.
30min
Tunnels in the endNevertheless it is my first vision about trading market, i would like to make a glance to this channels. At the moment we predict that market will across onde of the construction lines. I sugest to buy when market ar crossing from top yellow lines and then sell it when is closer to target.
Bear Bat on AUDUSD 30 Mins ChartSell at .7244 with stop at .7269
First target at .7207 and second target at .7183
Bull Cypher on USDJPY 30 MINS ChartBuy at 112.52 with stop at 112.13
first target at 112.86 and second target at 113.06
Bear Bat on GBPUSD 30 Mins ChartSell at 1.4317 with Stop at 1.4347
First target at 1.4300 and second target 1.4283
Bear Bat on AUDUSD 30 Mins ChartSell at .7168 with stop at .7191
First target at .7135 and second target at .7115
EURUSD 30 Mins Bull BatBull Bat Pattern forming at the 30 mins chart on EURUSD
Buy at 1.0917 and stop at 1.0879
First target at 1.0975 and second target at 1.1011
Bat Pattern Sell at 0.9476Bat pattern forming. Sell at 0.9476. Stop at 0.9508.
First target at 0/9432 and second target at 0.9384
GBPUSD, 30m, Supply / Demand Levels (Short)Drawing Supply and Demand zones we can see a clear small bear trend for the intraday. If you are looking to short, it would be ideal to wait for a retest of the last supply zone. Entering around 1.55945 with a SL near 1.561 within 10 and 20 pips of your entry. Targeting to take profit near support at 1.555
EURJPY 30min Bullish Gartley PatternA potential long opportunity at the completion of a bullish gartley which is at the 1.272 extension of the AB leg.
Stops need to go below X. TG1 is at the 0.382 retracement from A to D. TG2 is at the 0.618 retracement from A to D
AUDCAD 30min Bearish Cypher PatternA potential short opportunity at the completion of a bearish cypher which is the 0.764 retracement of the XC leg.
Stops need to go above X. TG1 is at the 0.382 retracement from C to D. TG2 is at the 0.618 retracement from C to D
EURUSD 30min Bearish Cypher PatternA potential short opportunity at the completion of a bearish cypher which is the 0.764 retracement of the XC leg.
Stops need to go above X. TG1 is at the 0.382 retracement from C to D. TG2 is at the 0.618 retracement from C to D
GBPUSD 30min Bullish Bat PatternA potential long opportunity at the completion of a bullish bat which is the 0.886 retracement of the XA leg
Stops need to go below X. TG1 is at the 0.382 retracement from A to D. TG2 is at the 0.618 retracement from A to D
NZDUSD 30min Bearish Cypher PatternA potential short opportunity at the completion of a bearish cypher which is the 0.764 retracement of the XC leg.
Stops need to go above X. TG1 is at the 0.382 retracement from C to D. TG2 is at the 0.618 retracement from C to D
AUDUSD 30min Bearish Bat PatternA potential short opportunity at the completion of a bearish bat which is the 0.886 retracement of the XA leg
Stops need to go above X. TG1 is at the 0.382 retracement from A to D. TG2 is at the 0.618 retracement from A to D
EURUSD 30min Bullish Cypher PatternA potential long opportunity at the completion of a bullish cypher which is the 0.764 retracement of the XC leg.
Stops need to go below X. TG1 is at the 0.382 retracement from C to D. TG2 is at the 0.618 retracement from C to D
USDJPY 30min Bearish Gartley PatternA potential short opportunity at the completion of a bearish gartley pattern.
To have a valid gartley pattern I look for a 0.618 fibonacci retracement of the XA leg which is the point B.
Then I need at least a 0.618 fibonacci retracement from the AB leg but not beyond point A. This gives me the point C.
At last I look for entry at the 1.272 fibonacci extension of the AB leg.
I enter with 2 positions. Stops need to be above the X point. My target 1 is at the 0.382 fibonacci retracement from A
to D. Target 2 is at the 0.618 retracement from A to D.
Gartley Pattern, USD/CAD, 30In order to recover from my loss on USD/CAD, I have found a Gartley pattern in the market at around 1.20090. this pattern looks pretty strong and i predict that the market will reverse to the 1.618 extension of the BC leg of the Gartley pattern. I have placed my short as high as I would consider the pattern effective, and my stop at the top of the Garltley pattern. Obviously my limit is placed at the 1.618 extension of the BC leg, leaving us a roughly 2:1 risk reward ratio. if the market rallies higher than the stop, there is a chance for a deep crab pattern, so check back in for a market reversal. As always, don't forget to like, comment and follow. Good Trading!
