mcquak
Long

Bearish harmonic pattern

FX:AUDNZD   Australian Dollar / New Zealand Dollar
73 3 0
Some bearish harmonic pattern is emerging on this pair. CD leg seems to be forming. Going long now I'd target 1.08793 which is potential D point of BE Gartley .
It looks like the BC leg has breached the 0.886 retracement of AB. Also it appears as if this pair is retesting the harmonic support levels for a larger
bullish shark.
Reply
I do not take the view that those 2 intimidate candles breached 0.886. The reason is that such "breach" is just wick of some merged bar on higher time frame. Also I'm personally not as sensitive to such small imperfectness. Bullish shark is also further possibility. Let's the market sentiment.
Reply
mcquak mcquak
Sorry I've meant to say immediate not intimidate. Sorry again for typo....
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out