Downloading...
Download

Fibsii

AUDUSD BatHey all, Heres a recently completed Bat pattern we were entered in Long this morning. This completed just above the 88.6% completion zone so you may or may not have been filled on this depending on your broker and spreads. Will be looking for a usual push up to a 38.2 and a 61.8 retracement of A-D. We've started to make a move in that direction with some buying pressure but we shall see what happens on the coming days! Fairly small pattern so shouldn't take too long to decide what its going to do. Any questions just ask, Fibsii
Long
by FIBSII
Bullish Bat EURJPY 4HHey all, Here we have a Bullish Bat pattern on EURJPY that is pretty close to completing. I've drawn on the two normal targets I would take (and do take) on all my bat patterns, but there could also be the potential for an extended move higher into an even bigger bat pattern completing so it depends with what you're comfortable doing. I'm using a usual 113% stop loss which is giving me a good risk reward. Hopefully on Mondays open of the markets we will get a push down into completion. Any questions just ask or send a PM, Fibsii.
Long
by FIBSII
USDJPY Structure ImportanceHey all, Here is a potential Bat Pattern setup on USDJPY 4H chart. It's currently at a decision point that I play close attention to. We are currently at the B structure zone and the market is putting up some resistance. I like to pay attention to this zone as if we do indeed break and close above this level there is a much higher chance of the trade completing. Just thought I'd make a post showing what I'm looking for ahead of a pattern completion. Of course - if we get a completed Bat I will make another post with my targets.
by FIBSII
4
EURJPY Bearish CypherHey everyone, Here we have a bit of a messy Cypher pattern on EURJPY. I entered this late last week and thought I had made a post but must have missed the publish button. Since entering the market has rolled over about half way to first targets, but it will be interesting to see what happens going into next week. Will be hoping for the volatility to pick up again now were out of the Christmas and New Years break and start bringing in the pips! Targets for this pattern are 382 and 618 retracement of X-C. Stop loss placement is a 113 retracement above X-C. Any questions just ask!
Short
by FIBSII
Bat AND a Cypher?? EURJPYHey all, Here we have another unique position setting up on EURJPY. We have a Bullish Bat pattern and a Bearish Cypher pattern both forming. Some of you may have the question: "well if one says up and another says down, which one do we take?" The answer is whichever completes first! If one completes and that triggers the other, we take both. If none complete, we take none. Remember; following the rules is more important than doing what you think will happen or which you think is more likely to complete and 'win'. They are both good trades so we take both. Fibsii Team
by FIBSII
3
USDJPY Broke structure to the downside...Hey all, Been watching this USDJPY potential Bat pattern formation now for a week or so. Recently broke 3 levels of structure (green lines) to the downside indicating we will be pressing down to a Bat pattern completion! Probably looking for this to happen early next week but we shall see. Good Risk Reward on this too if it happens - looking for target 1 and 2's. Also planning to do some education material here on trading view to give you some insights into becoming profitable! Fibsii Team
Long
by FIBSII
NZDUSD BatHey guys, Just been entered into an NZDUSD Bullish Bat! A little late with the publishing of this but only recently had time to check my charts. Entry according to my rules is at the 88.6% retracement, however of course follow your specific and tested rules. Aiming for both T1 and T2 with this, and a relatively small pattern for this timeframe so shouldn't pose too much of a risk problem for most. Will pay attention to it and see the outcome. Any details, send us a message! Fibsii Team,
Long
by FIBSII