I decided to take a que from a similar trade in EURCAD. However, I believe EURCAD makes a better trade than this one in USDCAD. Technicals: A daily 5-0 Harmonic Pattern or a 50% pb. A dHd on the tech 1.2612 horizontal resistance that lines up with the 50% fib level.
Hi Likely 5-0 Bullish continuation pattern around 41K.
A Bullish Shark Pattern has taken place on both 1-hourly and 15minutes charts of GBPAUD. The market has reached and touched the 5-0pattern formation at 1.8358. If you like the deal to be sweetened, you can wait for the retest at 1.8366 without closing above 1.8368 for a shorting opportunity at the retest of the previous high. Some traders would read the retest...
Hello, GU detected 5-0 pattern and you can use Fibonacci retracement for better entry. Prefer to use 38.2 and 50.0 Don't chase the market, let the market come to you 🙂
BTC is making a bullish 5-0 harmonic pattern, If this pattern plays out which can possibly take days or weeks then we are going to see some upward movement towards fibonacci resistance 0.5(45726). 0.618 (41212) support is crucial, It needs to HODL.
We have a Rising Wedge and Bearish Divergence on the MACD after rejecting the PCZ of a Potential Bearish 5-0; I will be looking for a big correction from here.
We are at the PCZ of a bearish 5-0 and the weekly candle which is currently opened is as of right now a Bearish Harami but it hasn't closed yet but since i like to speculate and get the best price i will be entering a bearish position tomorrow in anticipation of the weekly closing bearishly and i suspect that it will make a lower low down to the 0.886 retracement.
BTC currently trades around EMA200 and between fib 0.5 - 0.618 Hope this will be the last dump.
BTC currently trades around EMA 200 and between fib 0.5-0.618. Hope this will be the last dump!
nifty has created a 5-0 pattern in price action, 17530 becoming a buying zone with stoploss 17480for chart mentioned resistance targets, below 17500 a bearish view might come where 17350 will be a major support. 17890 becoming the median line of 2008 market top exactly from there market has plunged, quite possible a more downtrend we can see if 17500 breaks, but...
It's not completely hopeless for the bulls yet but from the looks of things on the charts it seems way more likely that BTC will see 12.5K again rather than it seeing all time highs anytime soon. The Weekly Bearish Engulfing makes the perfect rejection signal at this Pattern Completion Zone. I think we just spotted the trend reversal.
Last week, I've shared with you a Bearish Shark and Bearish Crab Pattern. If you have engaged the trade, that would give you 83pips of profit, which is 830USD/lot traded and you have not reached the first target yet. If the market retest 1.1800, that is an opportunity for you to engage for a shorting opportunity. I will be waiting for a double top when the...
We have Bearish Divergence at the 50 percent retrace of a Potential Bearish 5-0 here and if this pattern plays out we will likely see AMC attempt to make a new lows below $32
BTC has just completed a triangle in 1H time frame It also just completed a 5-0 pattern in the 5min time frame which confirms the price will goes up It also has a strong dynamic support
A bullish shark pattern form within the 5-0 Pattern has just strengthened the buying opportunity for traders who are already looking to go long. I'm waiting for a candle confirmation on this ranging market and will treat this as a counter-trend trade.
Consolidation in the 5-0 Pattern is what traders who shorted the Shark Pattern don't want to see. A break and close below the blue box will ease the mind of many. However, Profession traders will look closely at that level and decide should they liquidate their 2nd Target and go long. You don't need to stare at the screen, just set an alert and let technology...
XRP 4HR. BAT TYPE2 INTO SHARK INTO 5-0 HSI checkback in line with with the 50% retracement. Possible deeper retracement to complete BAT Type1 Type2
Right now the EURO is at the lowest level I'd be willing to buy at i think it's time to put the majority of the position here as anything much lower than the 886 would go against my view on this setup.