davidarwen

davidarwen Jan 14, 2016

According my indicators the trend is still bearish. Bearish Gartley pattern for trend continue trade.

davidarwen Jan 14, 2016

potential Bearish Bat pattern, good risk-reward ratio

davidarwen Jan 14, 2016

Bullish trend at EURGBP 60 min. Potential Bullish Cypher pattern to go with the trend. Entry at D completion point. Target 3 can be realize by using trailing stop. The price will test the strong support zone. This zone contains Fib confluence and harmonic moves aswell.

davidarwen Jan 14, 2016

This setup has survived the Australian employment news. After broke above and closed above the flag (channel), we are looking for a long BULLISH ride with around 100 pips. The price will go to the zone with Fib confluence, strong support structure level, and harmonic moves. After the price hits this zone, a retracement will follow, another potential trade (short).

davidarwen Jan 14, 2016

At AUDCAD 60 min, there is another Trend Continue Trade. LONG - there is a flag (channel), the price wait to break through - if the price break above, there will be a rally to the next zone (strong resistance level) - The price will have a retracement at this zone, another chance for a potencial SHORT trade Beware of the economic news!!!!

davidarwen Jan 12, 2016

- On the daily chart we can see a strong Bullish movement with a 38.2 % retracement. After this retracement there is a potential Bullish trend continuation. - On this 60 min trading chart, price broke above and closed above the neckline of the head and shoulder pattern. -Tthis neckline was also a strong resistance level. - Looking for signals for an entry (long...

davidarwen Updated  Jan 12, 2016

potential Bullish Cypher and potential Bullish BAT aswell. Two advance pattern and D completion at a support zone, a good confirmation for this long opportunity. Good trading

davidarwen Jan 8, 2016

Here is a Long opportunity. Trend continuation after broke above and closed above the range. Entry will be after retracement back to the range. At the daily chart is a harmonic pattern, which the target will be aime to this retracement killzone.

davidarwen Updated  Jan 7, 2016

Yesterday I have mentioned this trade in my comment in EURUSD 4H. Bearish trend continuation with BAT pattern completion, RSI oversold, hidden divergent and 2 days ago broke below the support level (retracement to that previous support level). Target 1 will be at fib 0,382. Target 2 with trailing stop, potential extended target especially when the price level will...

davidarwen Jan 5, 2016

Potential Bat pattern. The price has broken below the support level of the channel at 1.08120. Also there is an AB=CD pattern completion, expecting a retracement to the previous support level first. For those who trade AB=CD pattern, here is an opportunity to go long as well. Or wait for the Bat pattern

davidarwen Jan 5, 2016

Potential setup for a Bullish Cypher Pattern on a AUDJPY daily chart.

davidarwen Dec 18, 2015

Will this be a potential Cypher (3rd) in a row in a 15M chart of EURGBP? The first and the second Cypher have given me a few nice pips, both Target 1 and 2 were hit. However we are near the closing time of the forex market, so be careful with the thrid Cypher. Have a nice weekend.

davidarwen Dec 18, 2015

AUDCAD 1H Bat pattern, short position... good risk-reward ratio

davidarwen Updated  Dec 18, 2015

Potential bearish Cypher, USDJPY 4 hour chart.The price might reach higher than the D completion point. I set my limit sell order to 122.824, to be sure the order will be fill (rules of engagement, stick to the plan)

davidarwen Dec 14, 2015

As long as not close below X, there is a high winning chance for this setup. Good risk-reward ratio. High probability D completion at around 0.70760, look previous structures.

davidarwen Dec 8, 2015

Earlier there's a bearish Cypher pattern, target 1 is hit, still wait for target 2. Meanwhile a small bearish Gartley is competed, a short opportunity. If the price pull lower, there will be a bullish BAT aswell.

davidarwen Updated  Dec 3, 2015

After the Cypher hit target 1 and 2, there is another advance pattern. Potential Bat here, I would wait to enter the trade after the big news later today.

davidarwen Nov 30, 2015

Potential Cypher 60 min chart... bearish