FX:AUDUSD GARTLEY Point B: 61.8% can not touch 78.6% XA Point C: 38.2% to 88.6% AB Point D: 78.6% XA 127% ext AB Target: TP1 38.2% AD TP2 61.8% AD BAT: Point B: 38.2% to 50% XA Point C: 38.2% to 88.6% AB Point D: 88.6% XA Targets: TP1 38.2% AD TP2 61.8% AD Safe Trades; open.spotify.com
We see an opportunity to get long on the S&P 500 daily. Right now, price is around a weekly support/congestion level around 1825 that has formed a double bottom. This area shows to have acted as both support and resistance in the recent past, seen clearer in line charts based off the closing prices. My oscillator is showing bullish divergence on that double...
FX:NZDUSD At the second take profit zone of previous harmonic, i do expect the major trend continuation, bearish. (link below) Double top with rsi bearish divergence; Eventual AB=CD or a completition of eventual bullish harmonic patterns, the Bat and the Gartley patterns; IF the price break the double top neck that will confirm the double top, until there,...
We have had a double bottom here on the 4hr and possible on the Daily tiemframe as well. If we can break structure there is a possible set upf ro a 2618
FX:AUDUSD As published before, we have a double top, followed by a broken neck, found support @0.68261$, 61.8% retracement, (zone) - This forges a 2618 bearish trade setup; (check link below) We have structure, an ascending wedge, wait the eventual breakout, the correction of that impulse, eventually it will test previous trend line acting as support (resistance...
FX:EURAUD 1. Double top 2. broken neck 3. found support at 1.5353$ 4. 61.8% retracement / that completes a 2618 setup / double top followed by a 61.8% retracement 5. Eventual wave 4 of 5 of a corrective move 6. Wave 5 ends with a cypher pattern at daily support 7. Wave 3 of 5 of an impulse with the default ratios / wave 3 = 161% ext of wave 1 8. ascending wedge,...
The double top at structure is followed up by a potential 2618 trade to get short. For enrty price needs to hit the 61.8 fib level from the last leg of the double top.
For those looking to get short the EURJPY we have a potential double top and/or 2618 opportunity setting up. Looking left, price action has made its way back into a previous level of consolidation where the bulls were rejected and are now looking to test for a second time. The two trading opportunities that exist at this level are a double top sell at the candle...
GBP Manufacturing PMI to be released in a few minutes. Will the technical setup hold?
Bullish Bat pattern on the weekly time frame combined with Elliott waves. Looking for a double bottom on small time frame to be involved in this trade
Just a quick follow up from the trade I shared with you guys in last night's video looking at a trend continuation opportunity on GBPUSD. As the market established a double top overnight, counter trend traders will also have an opportunity to involve themselves in a 2618 trade as well. Make sure you check out yesterday's video for an explanation of the TCT...
FX:AUDCAD ABC correction with a double bottom, a neck to break, the price should find some resistance and start to pull back into the 61.8% retracement zone and there, the market should forge an entry. (bullish rsi divergence on oversold condition for instance) * However, find comfortable situations that allow us to enter the bullish momentum is where the focus...
A double top has been formed on this cross on a hourly timeframe. The price went down and it's now doing a pullback on the 0.618 Fibonacci retracement that gives us a potential signal to go short and follow the former bearish trend.
Eur/Aud has a potential 2618 trade setting up. This pair has a really wide ATR, but if you can handle this much risk in your trade plan, this could present a great opportunity
So we had a double top form and we have see the price break previous structure and when we hit the oversold area of the RSI price has started to make its move back up. the .618 area is in that previous area of support which could see us bounce back to the downside
So we have a double bottom on the Hourly chart If we can break structure up to 0.64255 this has been a previous area of support which could act as resistance. The retracement from this level back to the 618 level woudl be right in lince with the last area where we saw a good rise. Alot of if and whens but will see how it plays out
We have have hit a double bottom, if we break structure to the upside of 0.64255 this could act as an area of resistance, it has shown as support before. IF this happens then i feel we could see a retracement down to 0.63091 which has previously been an area of support and where we last saw a big rise up. Will see how it plays out