1111 after correction has reached 61.8% fib level (Golden Pocket) A horizontal support level is also acting as trend reversal Formation of HH, HL are observed. Ride the trend with trailing SL. Manage your risk accordingly.
Trade Analysis We have identified a Bullish Flag continuation pattern. We will wait for confirmation of the bullish trend and enter the trade when it breaks the previous HH. The target is the Potential Reversal Zone in relation to the ABCD pattern. Once the target is reached, we can consider shorting the trade. Trade Plan Entry: 2484.176 SL: 2460.830 TP: 2507.522
MA is in a POTENTIAL bearish AB=CD pattern short term (1h). **Make sure to see if we stall around this area before going short** Looking to take profits around the green and gold boxes. Let's get it! 🤘🏻🚀🤑
Here is my ABCD idea for GBPUSD on H1. OB range are on 61.8% and TP target at -27.
PIXELUSDT printing consistent HH HLs and is about complete ABCD pattern at strong support level. Recently the price is bounced from support zone which is also the 0.786 Fib retracement level. If the buy momentum continues the next target could be 0.6550
The first ABCD on the Pic starts the move from the 61% FIb retracement. Just noticing that Then after the EMAs cross up, take all ABCDs. Notice how important it is to have the confluence of a previous support. For sure easy to see after the fact, but such pictures should be part of your collection and prep work so you believe it works. One of the best...
Weekly Bias is UP, Daily is UP as well. We have an AB=CD which happens above the 38% retracement of the bigger swing up. (some people might refer to this as a high-tight flag). 30 min is showing divergence. The entry is a breakout after multiple inside bars pattern also known as a popgun pattern. The risk to reward to the previous all-time high is 1 to 5 if no...
IBKR Weekly - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Pitchfork, Confluence, Clusters, Trend Lines, ABCD Pattern, Fibonacci Extensions - Hope it Helps, Good Luck DISCLAIMER - This communication is not trading or investment advice, recommendation or solicitation to buy, sell or hold any investment product is provided for...
Some possible confluence suggest CHFJPY could possibly short around the 168 area. A potential Gartley pattern on the daily/4 hour chart. Equal measured move/ABCD daily/ 4 hr. Even handle number at 168 even. Testing previous highs. Overbought RSI daily, so possible divergence. Could be a nice area to look at for a shorting opportunity.
noticed a ABCD pattern in SP500 daily / target to rebound is 4.300 - 4.250 there is as well a support from 02. june 2023 till 08. june 2023
Price has taken support from important zone Trednline, Horizontal Support confluence Price is in Uptrend (Formation of HH, HL) Completion of AB=CD targets New formation of AB=CD in process Cup & Handle formation is in process SL and TPs are specified Ride the trend with trailing SL
Apple Puts The "A" in ABCD!" Pattern Identified-"ABCD" pattern Timeframes where pattern was identified- Weekly and Daily charts *This is not financial advice. Loved and Blessed, MrALtrades00
NGAS The symmetrical abcd pattern was completed at 2.49 and the bullish shark pattern was forged at the golden fib extension a couple of points($) below at 2.44. Both patterns suggest a bounce that could send ngas trading back to $5, which is equivalent to a move of 100% or 25k points above the current price. We have new fractal support at 1.96 - just below...
Signs of reversal, market structure choppy. Flat correction in consecutive double three zig-zags on the upper boundary of a macro diagonal after an complete impulsive wave; lower highs with decrease of volume, showing lack of confidence by the buyers-side, as shown on Weis Wave Volume indicator; overbought condition. Harmonic patterns: potential bearish Crab...
ABCD Pattern with 0.382 Fibs and 1.27 past fib high, current probable 1.27 fib high, -0.236 past fib low and probable current -0.236 fib low. Interesting fibs. Target bottom approx 97.50 target top approx 111.80 Added the Speed Resistance Fan for confluence. Pretty much made up based on High and Low, not sure about this, but it does have confluence against the...
USDCAD has formed an AB=CD bullish pattern on its hourly chart. the price is trading the entry level: EL 1.35853 TP1 1.36232 TP2 1.36404 TP3 1.36614
Nice examples for XABCD patterns in my opinion. Nice examples for XABCD patterns in my opinion. Noting the Fractile down : )
Good day traders, We see the XAUUSD/ #Gold respect our previous analysis , we now have a clear undrstanding of where the Gold commodity is headed. We believe that our next target is 1567 from which the price will begin to grow again. We are currently slightly oversold on the lower timeframes thus we anticipate a minor retracement. We can not confirm this...