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...
We are at a point where NVDA is trading at a Macro Monthly Bearish ABCD PCZ and all the Oscillators are sitting in overbought zones. If NVDA sees a negative monthly candle at these levels, it is very likely that these Oscillators will begin to come down again and signal Potential Bearish Action ahead; if we get such a signal at these levels, then I would typically...
BINANCE:SOLUSDT is in an interesting area where it could go either way. Upside target on the bigger pattern that has been running all year is around 34 (Fibonacci number). There is a CIT window on Friday 21st April so if we get a retracement back to 22-23 area that will set up the move higher. There is also the possibility of a deeper correction back down to 15...
💹 GBPUSD is currently experiencing an overall bullish trend, as evident from the Weekly Chart (right) showing bullish movement within the Buy Zone. ⛔️ However, as a Counter-Trend Trader, I'm eyeing a potential shorting opportunity on GBPUSD based on the setup on the daily chart. 🔍 My trading approach will shift to bullish once it hits the key support level or...
I believe that this will happen to Bitcoin
EURJPY has formed an AB=Cd bearish pattern on its hourly chart and the price is trading below the short entry level EL: 157.552. ST: 158.046. targets: 38% AD: 156.488 62% AD: 155.557 79% AD: 154.891 100% AD: 154.049
After the CPI report this week, Dollar Index dropped rapidly. Ahead, I see a confluence zone based on a completion point of a harmonic abcd pattern and a horizontal historical key level. From the underlined blue area, I will expect a bullish movement at least to 100.58 level. ❤️Please, support my work with like, thank you!❤️
I guess you saw how bullish GBPUSD is. The pair is unstoppable for more than 2 weeks. However, analyzing the price action, I spotted 2 harmonic bearish abcd patterns: the bigger one and the smaller one. Their completion points almost much and compose a potential reversal zone. From that, I will expect a correctional movement. Goals will be 1.3 / 1.29 ...
The EURUSD has completed a Bearish Harmonic ABCD pattern and will start a retracement towards the levels highlighted on the right in beginning of next week.