OANDA:AUDUSD Like the other major USD pairs is sitting at the same key level. Will we see some sort of PB? or is it just going to keep marching higher. A big day ahead with US GDP Data out later this evening. Keep an eye on that an hour before the open.
OANDA:GBPUSD Has extended higher into the 61.8% level @ 1.2720. Now with other USD pairs we look at the DXY to see if its going to hold these levels or break in which case we will see higher Indices, Gold & USD Pairs. Big couple of days ahead. If it breaks these levels then the 78% & 1.2900 would be the next target.. With other straight line moves its best to...
OANDA:EURUSD After a spike low on Friday we now look for a correction before more downside. If it doesn't bounce and breaks below 1.0840 then I will have to adjust to a new move, but for now this is the best looking scenario. Once this smaller move completes that will give us the upside target where I will look to Sell. An Intra-Day look but I will post the...
FOREXCOM:XAUUSD & FXOPEN:XAGUSD are at key Double Fib levels at the same time. We are also in a Change in Trend Window today and with a lot of things at extension levels and with Interest rates in the US coming out tonight its setting up for a volatile day. I hope this helps. Enjoy the day.
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...