SOT

Hey Traders! I have something for you other than a Cypher pattern!
Here we have an intraday bearish Gartley pattern that completed on the hourly time frame. I entered short and will be targeting the 0.382 retracement for target 1 and the remainder at 0.618.
I normally post more swing trading ideas (not to say that this will be fully intraday) but I'm trying to push myself to develop further as a trade and get more comfortable with trading on the lower time frames.

It's looking like a Cypher week for WyseFX! I swear I find other opportunities too!
Here we have a bullish Cypher pattern completion on EURUSD on the 4H timeframe. Now this one definitely isn't as pretty as the textbooks like to show - but that's the reality of trading; nothings ever perfect.
I didn't enter this trade unfortunately - I actually missed the completion and didn't set an order so I'll be sitting on the side lines and see how this one pans out.
Even when these patterns complete it's not guaranteed that price will do what we anticipate. The markets do what they want when they want - our job is to make the best decisions on what the market is telling us and adapt when things change.
Hope you're having a great week - it's been an interesting week in the markets for sure!

Happy Monday traders!
Here we have a bearish Cypher pattern on the AUDUSD. I have been watching this pair for sometime anticipating it's completion and looking to go short.
I am targeting the 0.382 Fibonacci retracement as my first TP, and the 0. 618 Fib for TP2. I'm also targeting these zones for profit targets as they coincide with key demand zones present on the daily time frame.
I would like to give credit to for this as well - as he posted this analysis on Saturday on his newly created Telegram group. He's been dropping some great knowledge on his channel; I'd recommend you check it out!
Have a great week in the markets!

I've been hitting the charts a lot recently! Study more than you trade has been my motto.
Here we have Gold and what's playing out appears to be an AB=CD pattern / equal measured move. The red box indicates a potential supply area which adds a level of confluence that we could see the pattern complete in that area. This termination point also has fib confluence. Pair that with a potential weak dollar and we can definitely see this play out.
Piecing together multiple confluence factors increases trade probability. I've been working on combining patterns, fibs and supply & demand zones into my analysis to increase my level of confluence. I try to keep my charts simple while doing this - not always an easy task.
No trade taken here - just watching the pieces come together and wanted to share. Happy trading!