


TheForexSamurai
Premium2 pattern formation with an intraday opportunity.
There could be a potential Bearish Cypher Pattern formation here on the EURUSD HR4. As of now price action is doing its C point. A candle giving me a higher high higher close will give me a reason to long this market and TP at the B point upto the completion itself
Selling after candle close SL above the candle TP at the potential pattern completion!
As of now the market is still in a strong downward movement (downtrend). I could go and spot some re entry on the LTF to short this market upto a potential Bullish Cypher Pattern formation. With that, Price is also inside a descending narrowing wedge. A BO to the upside is a good sign that the down trending market is over. And we could go and spot some long...
A BO on the downside may be a good short term short. Then long if it gives us a confirmation or just buy aggressively and SL below the X point of the Cypher Pattern.
The SL must be place below the X point (support). We got a good candidate for long here. On the daily TF the market is at the OS area already and hitting potential lower trendline.
Short on the BO. TP at a potential pattern completion.
A BO to the upside may be a good candidate to go LONG with an extended TP on a pattern formation then maybe at the D completion we could go short. 1.00 is the nearest psychological number.
A potential bullish bat pattern at formation while we have a broken lower TL here on the HR1
Anti Bat Pattern is soon to form. Giving as a outlook for a short opportunity.
A cypher and a triangle on the D completion
A BO to the downside may be a good candidate to short the market. Price breaking the A point of a potential Bat pattern invalidate the ongoing setup. For the short. Extended TP at the Bat pattern completion. And wait at the Completion if it gives us the confirmation to go long.
Watching closely on a BO either up or down. Potential TP point on a certain pattern formation. Is the pair inside an expanding wedge channel?
A BO would be a broken double top TP up to a pattern formation then could go short if there would be a confirmation such a simple pattern BO to the downside or any candlestick pattern formation
We are watching closely to a BO to the downside. But as of the moment, if price doesn't hit our tp and if price goes back into our zone we are good to go long then with tight SL just below the X point
Watching closely for a short opportunity then long here on the EURUSD.
Waiting to short upon BO with an extended TP on the Bat and Cypher Bullish Patterns
An AB=CD pattern, bat and a gartley pattern may soon form. A BO to the downside may be a good candidate to short the pair. Or a retest on the Support that now becomes resistance may be a good idea for a sell zone. Price exceeding the A point will invalidate all possible setups. Trade wisely.