Here I can see an ABCD pattern unfolding into the previous Trading Range (TR). The completion area is in the resistance area of the previous TR. Therefore, I hoping for sellers to come in there. I am inputing an order at 1.69 with a 50 point stop.
The AB = BC harmonic pattern is a technical analysis pattern used in financial markets, particularly in the field of harmonic trading. It is based on the Fibonacci ratio and seeks to identify potential reversal or continuation points in price movements. In this pattern, the length of segment AB is considered equal to the length of segment BC. This equality...
JPN225 (Nikkei 225) is showing a bullish flag pattern, RSI divergence, and a double top reversal pattern. Traders are advised to wait for a breakout below the last printed lower low point to consider a short trade, indicating a potential trend reversal in the market. Risk management is essential.
GBPUSD is trending upwards, but an AB=CD pattern could mark the end of the uptrend. The PRZ coincides with the LQP 1.275 and could serve as a resistance level for the pair. Price could play around this zone and go through to 1.275, or the resistance may be too much and cause a price reversal. Look out for extension patterns as the trend reaches its end.
There are several converging factors to retest the 25K breakout. Two likely patterns are the bullish Gartley and/or inverted AB=CD, with a Potential reversal zone (PRZ) at $25.4K. I shorted since prices went back into the 29K/26.5K range. If price reaches $26650, I will try to play the BC and CD waves of the Gartley. Good luck with your trades.
Hello dear trader or investor This chart about as100 So according to us nas100 may be make good fall so what’s you think about it?
In this analysis, after breaking that support line and strong fall, you can sell at the specified price and stop . Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I...
According to the formation of the reversal pattern, the probability of falling will go according to the mentioned entry point and the set target
NZDUSD has formed on its hourly chart an advamce harmonics pattern AB=CD. The price is trading above near the short entry level EL: 0.61363, targets 50% AD: 0.60702 62% AD: 0.60504
Projecting of moving new exciting cryptocurrency. I know nothing about it yet and own non of it. But my project seems right for me. I think it could be enough for my dear audience.
XAU prediction. Just a quick view on behaving on gold markets into the near future. Please do not take it too seriously.
This could be for you if you are waiting for a counter-trend move. A Bearish Gartley Pattern is expected to complete at 1.2605, but the earliest for that is on 12 Jun 23, 1200(utc+3); any earlier than that, the trade would be invalid. If a break and close above 1.2605 occur, I will wait for an M.C confirmation at 1.2659 on the ABCD pattern. Both of these...
ABCD Harmonic Pattern / Daily Chart Analysis. Last time ABCD on daily chart. I draw another ABCD pattern on btc daily chart. I start last ABCD pattern point C. Goodluck.
Price has taken support from important zone Trednline, Horizontal Support confluence Price is in Uptrend (Formation of HH, HL) Completion of AB=CD targets New formation of AB=CD in process Cup & Handle formation is in process SL and TPs are specified Ride the trend with trailing SL
Hi Traders, On the above chart I am monitoring at 15m time frame. As per my analysis, it seems to be printing a bullish AB=CD Harmonic Reversal Pattern. In such scenario, I took two trades. First trade is Sell Stop entry and 2nd trade instant buy entry (depends on (PRZ) potential reversal zone trigger) and trend printing proper HH & HL. If you guys are agreeing...
ABC currently is Bearishly Diverging on the MACD and RSI around the 2.414-2.618 PCZ of a Bearish AB=CD where it has also developed a Bearish 3 Drives Pattern and a Bearish Shark. If we get the action I'm expecting to see from here, it will come down and break through the trend line and then continue down to the 0.886 retrace at $77 in a dramatic way.
GALA looks like it could be setting up for a double bottom at a local support it's created for itself. During this process it's formed some Bullish Divergence and has given us a potential Bullish Dragon Trend line; if it breaks out I would think this would be the start of an AB=CD movement up to the 1.414 Extension of 7.8 cents
As price breaks another LL and forms another LH, GU continues to descend. I reckon this ab=cd pattern could yield some significant support for price to change character and do some corrections. If not, I reckon a shot towards the next LQP 1.22500 could yield this change of character instead.