Harmonic Trading - Bearish SharkThe C-D leg of a bearish shark seems to be forming, presenting an excellent opportunity to long until ~1.4144, at which point one should observe how price responds to the PRZ. Note that the shark often precedes the 5-0 pattern, thus (at least partial) profit should be taken at the 50% C-D retracement, and longs for the 5-0 ideally opened at the 1.0 ABCD (reciprocal) of the B-D legs of the shark pattern.
5-0 Pattern
WE WILL HAVE THE CORRECTION SHAKE OUT COMMINGHey everybody
Today we are seeing an uptrend in BTC and the crypto market BUT don't be to excited.
There are two ways how this will end. The fist one in blue. We had 5 Waves and will finish it of with an ABCD where C touches the 0.702 retracement level and from there a correction down to my VIOLET target. It is a typical move, we had the exact same move in 2017 mid January.
The second option is, that BTC and the Alt's will drop now and reach the VIOLET target.
I hope I could help you Ladies and Gents!
Wish y'all good luck :D
20% discount on Binance:
T3A942S4
USDCHF A Five-0 Harmonic PatternLike and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
NOTES:
- All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol.
- We never trade just because the price reaches the trading zone. This also means that not every idea is a valid trade.
- Our analysis are trading ideas not trading signals for you. Therefore questions about the status of the trade, stop loss, take profit levels won't help your progress to be a better trader.
- Instead of trying to take this trade and win small profits, focus on the analysis and how to create your own trading style.
Best Regards.
Top of the World - S&P Bearish 5-0 SetupHarmonics cannot tell lies. If the 0.886 resistance holds, we may just have our view of the top from here.
Bears: 5
Bulls: 0
Pigs: Whipsawed Again
-NeedToConverttoaPermaPredator
SPCFD:SPX
CURRENCYCOM:US500
EURJPY: retest of the resistance?Hi Traders,
This is our view on this cross for the next few days.
#EURJPY
BUY 126.58
SL 126.36
TP 127
We remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if the rules of our strategy are strictly respected.
Eventually, any updates will be given in the comment section below
EURGBP Five-0 SetupSingle target on this trade.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
NOTES:
- All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol.
- We never trade just because the price reaches the trading zone. This also means that not every idea is a valid trade.
- Our analysis are trading ideas not trading signals for you. Therefore questions about the status of the trade, stop loss, take profit levels won't help your progress to be a better trader.
- Instead of trying to take this trade and win small profits, focus on the analysis and how to create your own trading style.
Best Regards.
QTUM- Breakout Might Be Getting Ready. Bullish 5-0!QTUM is shaping up to retest the upper limits on it's consolidation wedge.
Volume has been breakout out on the way up so far, good sign.
Bullish 5-0 pattern present from most recent breakout within macro wedge. Pretty cool I feel like i never spot this one live.
RSI is in an aggressive spot and looks to have lots of room to breakout.
MACD is showing a shrinking uptrend but still very much present.
Suspect this will be breaking out soon and head upwards at least 80%. Just wait for some form of news to come out about it and it will pump like crazy like every other coin has.
Could be a conservative target realistically.
Huge confluence of patterns - UsdChfLooking for buying opportunities
1. at the right shoulder and/or 61.8% fib retracement , invalidation level comes in below the Head of the head and shoulder pattern
2. a buy stop if neckline is broken (green circle), invalidation level will then be at the right shoulder
The 61.8% fib level entry will also be equal legs for the abc correction
Target will be at the 200% Fib Level (equal legs from the head to neckline)
Great risk reward ratio trade
Will update as this trade develops
JSE trade of the month - Bid CorpSo Bid Corp (JSE share), completed a bearish shark pattern.
And after a shark pattern comes the Bullish 5-0 harmonic pattern
Bullish 5-0 Pattern suggest a vuy entry on the 50% retracement of the move @25529
We should see new highs coming soon, target should be 30000 and 32000
Also note the 200 moving average , just bounced off that level.
Invalidation level comes in at point C, 22000
NZDJPY First analysis of the new year. An ABCD setupWe left behind a tough year for all of us, and we hope that the new year will bring you all health, happiness and success.
The first analysis of the year is an ABCD formation.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
NOTES:
- All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol.
- We never trade just because the price reaches the trading zone. This also means that not every idea is a valid trade.
- Our analysis are trading ideas not trading signals for you. Therefore questions about the status of the trade, stop loss, take profit levels won't help your progress to be a better trader.
- Instead of trying to take this trade and win small profits, focus on the analysis and how to create your own trading style.
Best Regards.
CADJPY - 5-0 Pattern PTL(1Jan2021)CADJPY has this beautiful 5-0 pattern that respected the HOP(Harmonic Optimal Price) Level and hit a bullish trend within the PTL(Profit Trend Line). Late boomers that didn't get to engage the trade can consider to long once the candle touches the trendline but not breaking and closing below 80.55.