**Hallo traders!** 🌟 Today, we're diving deep into the EURJPY hourly chart, where an intriguing AB=CD bearish harmonic pattern has caught our attention. **Key Observations:** 1. The price is currently hovering below our short entry level (EL) at 158.378. 2. We've set a tight stop-loss (ST) at 158.577 to manage our risk. **Profit Targets:** - **Target 1:** The...
This has been a Years Long trade and Sugar is nearly there at the 88.6% target, but I do think since we spent some time testing the B point as support that it has potential for pushing all the way to the 1.13 Extension to complete a Full ABCD, so I will be opening up another bullish position on the CANE ETF from here and targeting higher levels.
Are you the kind of trader who savors holding on for massive profits or one who dives into every market movement? 🚀 Let's explore this week's expert-level market analysis, where we have both these trading setups on display. Today, let's delve into the low-risk, high-return approach. Turning our focus to the Australia-Canada pair, the weekly chart presents a...
Hey traders! 🌟 Despite the ongoing bullish trend in the pound-dollar realm, I'm sensing a change in the wind, and here's why I'm turning my attention towards a bearish shorting opportunity. Let's break it down. On the weekly chart, the bullish vibes are strong within our buy zone. But wait, when we shift to the daily chart, we spot a sneaky closing below that...
05/08/2023 Eicher Motors CMP:3359.55 Target :3810-3890-3970 SL: 3170 Information is only for study purpose
EURUSD has formed an advance harmonics pattern AB=CD Bullish Pattern on its hourly chart. The price is trading the long entry-level EL: 1.62088. ST: 1.61326 Wall: 38% AD: 1.63821 Target1: 62% AD: 1.65408 79% AD: 1.66495 Target2: 127% AD:1.69630 162% AD: 1.71900
EURCHF is printing Bearish AB=CD Pattern on 1HR chart. Entry Point along with Stop Loss are marked on the chart.
AUDCHF is printing Bearish AB=CD Pattern on 1HR chart. Entry Point along with Stop Loss are marked on the chart.
EURSGD has printed Bullish AB=CD Pattern on 1HR chart. Entry Point along with Stop Loss are marked on the chart. Divergence is visible on RSI.
EURJPY is printing Bullish AB=CD Pattern on 1HR chart. Entry Point along with TPs are marked on the chart. We are going to trade it to point D with proper risk management.
Last month I posted a setup that made the argument that NVDA was trading within the Pattern Completion Zone of a Bearish ABCD visible on the Monthly Timeframe and that all I was looking for was a Monthly PPO Confirmation Signal which would likely be triggered by a Bearish Negative Monthly Candle within the Zone; this situation remains the same we are still trading...
Gold can continue downward momentum in the short term. However, trend reversal is on the cards. AB=CD Harmonic Pattern + horizontal support show (Daily) that potential reversal zone can 1895-1880, from where Gold can rally
OANDA:SPX500USD has had 3 big gap days to finish the week really strong. Could we see the bigger pattern play out towards the 61.8% level from the ATH? or even 4400.. There are a lot of resistance areas to come before that level so ideal scenario is to wait until we get a tradable retracement to buy. There could also be a deeper correction before higher prices...
As per the harmonics AB=CD, The pair has shown signs of a trend reversal at the D point. D point is the Potential Reversal Zone (PRZ). There is a divergence as well mentioned with a white line on RSI. The entry point, stop loss, and profit levels are the market. Let's hope it goes as planned!
As per the harmonics AB=CD, The pair has shown signs of a trend reversal pattern i.e. Double Top at the D point. D point is the Potential Reversal Zone (PRZ). There is a divergence as well mentioned with a white line on RSI. The entry point, stop loss, and profit levels are the market. Let's hope it goes as planned!
PEPEUSDT is in the formation of ABCD pattern. As the pair has completed AB and perfectly retraced the BC wave and now looking for continuation of CD length. If pair head towards CD the 1st optimum target could be the bottom of B wave. What you people think of it?
The pair is in a bearish trend and there is no divergence on RSI. The trend is expected to continue. The entry, stoploss, and profit levels are marked. We will see if the market continues or gives reversal signs at D (Potential Reversal Zone). We will take action accordingly or let the pair hit tp levels.
The pair is in a bearish trend and there is no divergence on RSI. The trend is expected to continue. The entry, stoploss, and profit levels are marked. We will see if the market continues or gives reversal signs at D (Potential Reversal Zone). We will take action accordingly or let the pair hit tp levels.