Since gold has completed an inverted AB=CD on $1218 (see comments in related ideas below), i'm looking for a retest of $1170 area.
Gartley H2 in play, looking for Extended Bullish Bat on $1172
Short opened at $1218 and $1214.
On the DAX I'm looking to enter short at the completion of this AB=CD pattern on the daily timeframe. In this area we have the 161.8% Fibonacci extension and the 200% Fibonacci extension.
EURUSDIt's probable that the CD leg complete at 1.00 since the BC-leg was a retracement of ~61.8 of the AB leg.
*The short position must be placed ONLY when the exchange rate reaches the 1.00 or 1.27 and we have a confirmation that it will NOT continue rising.
Bearish Inverse AB=CD
Oscillator Divergence in both RSI and Awesome oscillator .
The blue uptrend channel forming the BC leg was down broken indicating shift in the bullish trend to the downside .
The downside breakout of the bullish blue channel forming the BC leg is tested by a wide range up bar closing near the ...
I am looking to enter a short on Palladium in the near future for the completion of the AB=CD pattern shown on the chart. Today has been an extremely bullish day although it seems like it may have finally taken a breather around 782. I will likely be looking for entries on lower time frames which correspond with ...
Hello Harmonic Traders!
I would like to begin my renewed contribution to the HTTV community with the following Bearish AB=CD Type-2 harmonic resistance at a critical juncture. The DAILY RSI is stalling at the 50-midline. The general 61.8% retest at the 1.34 level as measured from last year's peak defines the price ...
Get ready to open SHORT at FIBO EXT (especially for 1.414 and 1.618) according to the candle reaction.
Please aware of the key thing is that we need to pay more attention on the target/retracement of this SHORT setup, need to make sure if the breakout is true or not. In case true, then the AB=CD in weekly view ...
1 - Limited downside risk per Predictive/Forecasting Model
2 - Predictive/Forecasting Model eyes 7296.19
3 - large developing geometry complies with internal construction of Geo
4 - Internal ab = cd nears "Model" target
5 - Internal inverted H&S in near alignment ...
Cypher Advanced formation
*Fibonacci retracements (38.2% , 61.8% and 78.6%)
*Fibonacci extension (127.2% and 141.4%)
*The Cypher Advanced formation was originally designed as a swing trading strategy. But it also works on lower timeframes.
*Seek to identify 4 ...
As usual the chart tells the story.
In 2016 we had a 5 wave impulsive move higher from a multiyear low @ 810$. Signalling that this low is important and solid for now.
Since august platin prices have been in a 5 wave downmove the lows of wave 5 touched 890$.
It then took the market 2 months to form a decent ...