GBPJPY Buy zone ACTIVATEDAs shown on the chart, based on Elliot wave count, the corrective wave 4 has ended, this give an opportunity to trade the last motive wave 5.
This is in confluence with the 50 to 61.8 fib level of BC a 5-0 pattern, expecting to trade the D leg
The risk reward ratio is 3.7
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5-0 Pattern
XAUUSD Cypher Pattern is about to completeWe'll be looking to short from the zone that cypher is completing.
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.
Bitcoin challenges 10k again on a Bearish Bat PatternBitcoin last week completed a bearish shark and fell.
It then formed a 5-0 pattern.
This week, i am predicting a retest of 10k level to complete a bearish bat.
This 10k level is really tough to overcome, i think it will need multiple tries before it finally breaks cleanly above this level.
When the bat completes, i might look to short it again, but currently at this price level, I am long bias.
Hope you guys enjoy my analysis, if you understand mandarin, i do weekly market analysis on my website, you can check them out.
Good luck n good trading for next week!
JCPenney - Worthless piece of junk Money had been flowing out of this asset since 2012.
Harmonic target is below $0 dollars.
EUR/ USD Here on the Euro Dollar we have a shark pattern. Since i see this market being weak against the dollar considering the DXY (dixie) is floating around 100 and the EXY is in a strong bearish channel. i am still bearish against the royal pairs. So with that being said i would only target the 50 and wait for the 5-0 pattern to form to finish off the correction.
#RISKFREEORBUST
OANDA:EURUSD
TVC:EXY
TVC:DXY
GBPCAD 5-0 vs TrianglePrice has completed the 5-0 pattern but can not find buyers. On the other hand, there is a tri-angle forming which looks like will break down.
We'll wait for the battle and pick the winning side.
Like and comment if you find value in our analysis.
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.
AUDUSD: bearish 5-0 patternIn this chart we see a bearish 5-0 pattern. The yellow rectangle highlights the PRZ consisting of 50-61.8% retracements.
RSI is showing bearish divergence at a 127.2% extension of the previous swing, confluence by 50% retracement from the 5-0 pattern PRZ.
Good luck to all trading AUD/USD !!
Buscamos ventas pre-mercadoFX:AUDUSD
-Analisis de Ondas de Elliot.
-Analisis h4 en proceso a completar Onda 5.
-Analisis H1 Buscamos la confirmacion de la onda 5 con una divergencia en el MACD entre la misma y la Onda 3. Por lo menos a por 100 PIPs si se da esta Operacion.
Exitos para todxs y que Terminen bien su fin de semana.
Weekly Analysis:Retrace in 0.23 Then Bearish to Touch 0.618The 5-0 pattern is easily one of the wonkiest looking patterns.
Depending on where you are at with your knowledge of harmonic patterns, the 5-0 will look foreign. And this is primarily because the 5-0 Pattern starts a 0.
EuroUSD Walks on Fibo Level From 0.23 to 0.618 Fibo Level
Trade Ideas Position: EURUSD BatA bullish bat setup with confirmation, trade has already engaged for this amazing setup as a trend trading trade.
I will extend my second target as on the longer term it is a bullish setup. Check the link below on my previous analysis.
If you love to get those level check out link(3)