Trade Setup: - Entry: Sell at 1.0797 (Retest Level) - Target: Extended towards potential Bullish Harmonic Patterns setup - Risk Management: Implementing trade management system for upsized trades Analysis: While many analysts are focused on the potential Bullish Butterfly Pattern and ABCD Pattern on the 4-hourly chart, my attention is on a shorting...
In the upcoming week, the spotlight might be on NZDJPY, particularly for those who lean towards structure-based trading methods. In this scenario, we marry technical analysis with the art of trading. Observations: A keen eye at the support level reveals an ABCD pattern checkback on the 4-hourly chart, situated at 86.84. For Fib-3 Bat enthusiasts, a...
EURUSD is currently experiencing a bearish trend, but for those who are counter-trend traders, there may be an opportunity to buy at the AB=CD pattern completion at 1.0602. It is important to wait for confirmation from a magic candle confirmation before executing this strategy. The initial stop-loss should be set at 1.0562 (-40pips) or -400 USD/lot. Our first...
Are you the kind of trader who savors holding on for massive profits or one who dives into every market movement? 🚀 Let's explore this week's expert-level market analysis, where we have both these trading setups on display. Today, let's delve into the low-risk, high-return approach. Turning our focus to the Australia-Canada pair, the weekly chart presents a...
Hey traders! 🌟 Despite the ongoing bullish trend in the pound-dollar realm, I'm sensing a change in the wind, and here's why I'm turning my attention towards a bearish shorting opportunity. Let's break it down. On the weekly chart, the bullish vibes are strong within our buy zone. But wait, when we shift to the daily chart, we spot a sneaky closing below that...
Australian Dollar Starting with the weekly chart, consolidation is evident. On the daily chart, a retest of the previous support within the consolidation. A four-hour chart shows an RSI divergence—a gem for counter-trend traders. The one-hour chart mirrors this setup. Reading trend movements with precise filters is pivotal to distinguishing buying from selling...
HALT! Don't follow this trading idea blindly. You should know that I've a strong bias to long the GBPUSD on the higher timeframe, the daily and weekly chart. I'd engaged in a strategy that I've personally tested for the past 12 years. The ABCD pattern showing up on the 8 range bar provide such an opportunity for me to engage the trade. What is really needed...
An Upsize Trade is the name of 1 of my trade management. On the 4-hourly chart(left) is a complete ABCD pattern. I'm waiting for a retest at 158.98 for a buying opportunity. When the retest happens, I'll be stretching my final target to the Bearish Bat and Bearish ABCD Pattern which completes at 168.11. This is a high-risk approach and it could harm your...
If you are in trading for a good 10 years, you would understand the effect of the Safe Haven Currency. I'm waiting for the market to retest at 130.05 for the RSI Divergence on this counter-trend trading setup. Many traders would see the USDJPY as going on a Bearish movement, but it is merely a retracement. Furthermore, the Bull run on the USDJPY has not ended,...
This is just An IDEA . In AUDCAD DAILY Timeframe have ABCD BULLISH Pattern GREEN LINES are Targets for TP. WAIT FOR GREEN UP CANDLE. GREAT DAYS .
This is JUST An IDEA! In GBPJPY 30M Have ABCD BULLISH Pattern , When saw Bull Candle Accepted . Have GREAT day.
EURUSD is on a Bullish Trend in the higher timeframe, so this week, I'm waiting for a Buying Opportunity within the pair. The AB=CD harmonic patterns also align with the 4-hourly chart's support level. With that confidence in place, trading confirmation like the 3-bar reversal is necessary.
Hello and welcome to this analysis In the monthly time frame it formed a Bearish Harmonic ABCD in JAN 2022 near 590 and since then has retraced 62% of its last leg. In the weekly time frame it has formed a Bullish Harmonic Gartley around 315 suggesting the correction is most likely over. It can be a good stock to accumulate between 330-370 for upside levels of...
NATGAS has Bullish Divergence at the PCZ of a Bullish ABCD on the 2 Day and it also has a smaller intraweek Bullish Shark Setup on the Hourly with a Bullish Divergence. I will target $4.50 on the Hourly and $8.00 on the Daily.
The TOTAL Market Cap looks to be ready to target back up to $2.16 Trillion Dollars from here in the coming Weeks-Months based off the presence of a Bullish Cypher and Bullish ABCD Confluence Zone Visible on the Weekly Timeframe. The ideas in the Related Ideas Tab below are also relevant to this analysis of TOTAL.
Hello and welcome to this analysis Upon completing a Bearish 5-0 Harmonic pattern it has formed a Bullish Harmonic AB=CD (62/162) at 225 and at the same time activated another Bullish Harmonic AB=CD (38/224) 225-215 PRZ. Bullish reversal is being seen today. As long as its above 215 it can do 250/275. Accumulate in the zone of 225-235 Good risk reward set up at...
Hello and welcome to this analysis Microsoft like TESLA (link below) is also a breakdown stock in the monthly time frame. However, in the short term its better placed. In the weekly time frame its activated a bullish harmonic abcd that is suggesting a bounce back to $ 260-270 from there the next round of selling would like resume for $ 200-$175. This one too is...
Hello and welcome to this analysis Nifty on hourly time frame has activated a Bullish Harmonic ABCD As long as its above 17025 it can retest 17400-500 this week