COINBASE:ETHUSD Is tracking nicely and after last weeks spike high into the 78% level. In this video I go into detail about possible options on the short term and longer TFs, areas to watch and other possible scenarios. I hope you enjoy and post feedback and thoughts.
Formation of an abcd pattern seems possible.. of so an increase to point d is likely followed by a drop to , a minimum, point c and perhaps to point A... let me knownwhat you think! Comments and/or suggestions highly appreciated :)
SKILLING:NASDAQ is starting to look nice with some levels to watch in the coming weeks. Tech has had a big run off lows this year after getting beaten down last year. Bullish Scenario sees an ABCD down to the 12k area then the next leg up. There are still unfinished patterns down below 10k to complete but it can go higher first. On a shorter TF look for an...
NZDCHF has been forming an Inverse Head & Shoulders Pattern and it has also formed AB = CD Harmonic Pattern and formed a bullish divergence which makes it a perfect Confluence Trade. If the Price Breakouts from the Level shown then Bullish momentum is On!
The price has hit the bottom of its descending channel, which is in the form of a descending wedge If this week the price can break through the channel with an upward trend, the next price targets will be 1980 to 2030 dollars easily.
bears seems to be in control if retests breakout sell and book profit at point D
Hi Traders, I am looking for buying opportunities on the above chart, ABCD Harmonic Reversal pattern seems to be printing on 1H time frame. I anticipate buy entry on the breakout of point B and look for a sell entry at point D that is potential reversal zone. trade safe!
BNBUSDT bearish scenario on 4h chart. Price action expected as a bear flag pattern breakdown, plus reciprocal AB=CD harmonic pattern plus Chaikin Money Flow bearish divergences in confluence w/ greater demand zone.
Support and resistance levels have been identified. If the price can break the black line correctly, it can go up to 30940. All Targets are main Targets. The criterion of all my analysis is the correct breaking of levels.
Potential bearish scenario to this asset. Price action is suggesting a further drawdown to the 239USDT demand region as the actual pullback seems to be accomplished. The reciprocal AB=CD pattern projection is reinforcing this idea, as a Head and Shoulders pattern is likely in formation. Thus, on this hypothetical 30m scenario, the price can made a ranging...
TSLA- perfect measured move of AB=CD and rejection from Fib 0.618.
GBPAUD is trading in bearish parallel channel. And also completed ABCD pattern which signs for a bullish attempt. As the RSI being over sold seems like a potential buy setup. what you guys think of it ?
1.272 Confluence with the D Point completion. AB=CD Harmonic to D point as extra confluence. I had 4 scalp postions from Swing C. Waiting on retest of C and Breakout to upside. Be Patient and watch for news!!!
As you can see an ABCD patter has formed right now. It is symmetrical in time and price I am selling short at the market price (48.55$) and putting a stop 1$ above.
ABCD/EXT playbook setup detected for a contrarian buy against the oversold pound. Let’s see if the market can snap back enough to collect 2-4R
We can see that an ABCD is about to complete at 32.5$. I am inputting an order to buy there with a 60 cent stop loss, at 31.9$
I had input an order at 1.121 to sell with a stop 60 points higher (1.127) because: - We can see that a Three Drives pattern is about to complete at 1.1210 at the 1.272 extension (in blue). - There is a clear ABCD from the last swing low (in red). - Adittionally, there is another major ABCD formation (in green). All of them converge to the same price level
The other day I shared a video of a bearish CTS trading opportunity using Fibonacci, Structure & the AB=CD pattern. In that opportunity I was looking for a double top to use as an entry & as of now it doesn't look like that's going to happen. However, if you have the understanding & more importantly the skill of how to read a price chart, it can allow you to...