A 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)
Dates in the future with the greatest probability for a price high or price low
The Bullish 5-0 starts at the 0 point, representing an extended down leg to begin the pattern at X. The initial point X acts as the low of this prior substantial decline. After a quick reactive bounce to the A point, the structure abruptly continues the decline, only to find support slightly past the prior low at X.
A type 2 bearish Gartley, bearish shark, AB=CD pattern on the 1-hourly chart within the daily chart 5-0pattern, with all these patterns converge at the same range used to excite me, but now is just another trade. Why is that so? Have I achieved Zen in trading? Well, no. It's because somehow when I see 3 patterns converge at the same point, it usually doesn't...
AUDJPY Bearish 5-0 Pattern
The detail is shown in the above Idea. this pattern confirms Break euro .
Little bullish correction movement for #DAX 8850 could be a good level to start selling again
GBPCAD could be Long: - Previous Impulse - 61% Fibo - Oversold Indicators - Wave pattern Entry point NOW (or wait for 1.736) SL 1.725 TP 1.78
GBPAUD is a very volatile pair; to trade this, one must have a mental preparation that market can still reverse against you after riding on a 100pips+ profit. Now this present as a third-chance entry to engage this trade of the countertrend trading. You might be asking, "Hey then, why is this trade still in your list?" Well, the volatility of this that attracted...
Bullish 5-0 Level @ 2745 and .618 retracement of the latest wave. Don't try to catch the falling knife until it hits that number. Until then, neither panic nor go long preemptively.
A bearish shark pattern that converges with the 5-0pattern for a shorting opportunity forms at the peak of the band isn't that great? Don't underestimate the small wick over there, it is close to 50pips difference, and the tip of the 5-0 Pattern happens to be the HOP(Harmonic Optimal Price) on the bearish shark setup. I've placed a sell limit order to engage...
We will have a dead cat bounce up to ~3200 to activate a butterfly target at 2300. Right on previous major LOW. We need AT LEAST 3200 for this to work. Then another dead cat, and a fall to 1650, to complete a shark pattern. Once we reach 1650, market could range between 1650 and 2500 for years. It's blowing my mind how the 161% extensions (golden number) are...
29/02-2020 This time we are looking at a bear Gartley 886 completion with symmetry between London session closing prices on the 15 minute timeframe. This should trigger sell limit orders for swing trading. Im going to try and place my entry point around 1.104-1.105 with initial stops around 1.106 or X and look for an extension target. Our last trade on EU, all...
EURUSD 5-0 pattern on 4h chart, CCI divergence , PRZ confluence with a fairly decent support turned resistance. On 15m chart possible double top formed marking the reversal inside PRZ of 5-0 formed by 1.00 AB=CD reciprocal and 0.500 Fib retracement. Stop loss is place just above high of double top and might be a little tight, if I'm stopped out I will look for...
Already long, low risk high R:R trade, target to start adding to my longer term short is around the possible 5.0 pattern completion Stop is directly below the last two days lows, not giving it much room as it will either retrace now or if it fails it will likely breach the lows to take out stops first and there is always another opportunity to get back in...
A bullish 5-0 Pattern setup a countertrend trade. The trading decision will depend on how the candle closes on the 1-hour timeframe.
Detail of Harmonic Pattern is shown on H1 Time Frame with higher Accuracy.
Dates in the future with the highest probability for price direction reversals