The overall trend on the NAS100 is bullish. This validates the ascending triangle on the 4H timeframe. We also have a few other confluences: There is a Fair Value Gap between 15 531 - 15 743. What Is a Fair Value Gap? A fair value gap is especially popular among price action traders and occurs when there are inefficiencies or imbalances in the market, or when...
The last leg of the correction is expected to happen due to expected weekness of the AUD
The AB=CD pattern is a harmonic pattern used in technical analysis, and it involves three legs or price swings. In the case of a bullish (long) AB=CD pattern, the market forms two equal legs (AB and CD), creating a potential buying opportunity. If you've identified an AB=CD pattern on the AUD/CHF (Australian Dollar/Swiss Franc) currency pair and it's signaling a...
Hi dear friends, hope you are well and welcome to the new trade setup of Tron (TRX) with BTC pair. Previously we caught more than 10% pump of TRX as below: Now on a daily time frame, TRX formed a bullish AB=CD move for the next pump. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't...
Ah, trading patterns, nice choice! The AB=CD pattern is a classic harmonic pattern used in technical analysis. If you're considering a short position based on a bearish AB=CD pattern, make sure to confirm it with other indicators or factors. Never hurts to double-check and stack the odds in your favor. What's your approach to risk management?
Gold is Broken large ascending triangle on the weekly time frame and also at C&H if it follows these patterns we would have seen gold's biggest historical rally. 🤑Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ previous Analysis ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
The DE30 has completed an AB=CD pattern on its daily chart, and it's currently trading above the 14,942.5 level. The anticipated target for this pattern is 15,648.2.
due to the weakness of the price to climb; We can expect a correction. The levels that can act as resistance for the price have also been identified.
Ah, the AB=CD pattern, a classic in harmonic trading! In the context of forex trading, the AB=CD pattern is a geometric price pattern that helps traders identify potential reversal points in the market. It's formed by four points, with equal time and price symmetry between the legs. If you're looking at the USDCAD pair and you've identified an AB=CD pattern, you...
I see an ascending butterfly pattern in this chart, this currency can grow significantly, I also analyzed it based on Fibonacci and it seems that it can surprise me.
GBPUSD is on a Weaker Bull Trading setup, if you are looking for buying opportunity there are 2 trading opportunities for you. The Bullish Shark Pattern may form on the daily chart at 1.2343, alternative you could wait for a retest of support at 1.2559 on the 1-hourly chart. If you are looking for counter-trend trading opportunity, the 1-hourly chart do have a...
Hi dear friends, hope you are well, and welcome to the new trade setup of SKALE (SKL) with US Dollar pair. Previously we caught almost 22% pump of SKL as below: Now on a 4-hr time frame, SKL has formed a bullish AB=CD move for the next pump. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and...
Hi every one EGLD has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the pattern which EGLD is in, Is a Bullish Pennant Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens, we Can Expect a Bullish Movement as much as the Measured Price movement...
The analysis suggests a 'Strong Sell' recommendation for USDJPY based on the identification of a harmonic pattern, specifically an AB=CD pattern. Additionally, the analysis incorporates Elliot Wave analysis, supporting the bearish outlook for the currency pair. This combination of technical indicators indicates a potential downward trend in USDJPY, emphasizing a...
NZDJPY presents an intriguing trading setup despite being a counter-trend trade. The observation of a Bearish Shark Pattern checkback on the Weekly Chart , along with RSI Divergence , adds weight to this potential trade opportunity. I'm waiting for a shorting opportunity on lower timeframes and, specifically, looking for a 1-1 trading setup , intending...
It appears EURUSD is currently within a Weaker Bull Trading setup. For trend traders, waiting for a counter-trend opportunity might be a potential strategy. Counter-Trend Traders, here are two considerations for your approach: As the market resides in the supply zone on the Daily Chart, waiting for a double top formation coupled with RSI Divergence could offer...
Gold Market Analysis Symbol: XAU/USD (Gold to US Dollar) Technical Analysis: on ABCD wave in C position Forecast: Considering the technical and fundamental analysis above, gold is likely to move towards SHORT. Caution is advised, and entry and exit points may vary based on market conditions. Trading Guide: Timely Entry: If the downtrend is confirmed, entering...
BTC had formed an inverse head and shoulders pattern. I said in the analysis a few months ago that the price followed this pattern and will soon reach 43,000 . The expected movement is measured as the price movement (AB=CD). Keep in mind that the next big resistance for BTC will be around 43k. previous Analysis _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _...