USDJPY is bearish as it making LL and LH. It is projected that if it breaks B point it will go down to D point.
GBPJPY is bearish as it making LL and LH. It is projected that if it breaks B point it will go down to D point.
EURJPY is bearish as it making LL and LH. It is projected that if it breaks B point it will go down to D point.
Bullish AB=CD pattern can be seen and it will be a possible reversal at D point
Week7 - ABCD Pattern SANDUSDT If it breaks Point B we will take EP with Buy Stop and ride it until point D. From Point D it may give us PRZ
Asset is pushing bullish after a retracement. We plot Bearish AB=CD Pattern, and see price nearing our zone and confirming the potential bull run. No divergence found at time of entry. (Which is a positive sign)
It has been assessed that GBP AUD pair is making perfect HHs and HLs without any divergence, so it is a continuation trend. Moreover, it is making bullish flag and with the support of AB=CD harmonics Potential Reversal Zone has been identified, from where it has great chances of reversal.
Harmonics Bearish AB=CD Pattern Set Sell Stop At Point D D Point is Likely Reversal Zone Wait for the Divergence Then Trade Further Accoridng TO Plan For Reversal Divergence
According to the resistance trend line and completion of the AB=CD pattern, I am waiting for a trigger for a sell position by google translate
This trading idea is designed to capture the reversal trend using Harmonic Pattern Technique. BITCOIN (BTC) is moving in a Bullish direction and is expected to take reversal from Potential Reversal Zone (PRZ) shown in the chart. Bearish AB= CD Harmonic Pattern is used to identify the projection from its current price whereas Long Trade Setup is given to grab the...
This trading idea is designed to capture the reversal trend using Harmonic Pattern Technique. NZD-USD Forex pair is moving in a Bullish direction and is expected to take reversal from Potential Reversal Zone (PRZ) shown in the chart. Bullish AB= CD Harmonic Pattern is used to identify the projection from its current price whereas Long Trade Setup is given to grab...
S&P 500 has made a perfect Bearish ABCD pattern with harmonic ratios 0.618:1.618 on 1 hr which makes it a very significant pattern and it has already shown bearish reversal from the potential reversal zone (PRZ) and it has also made a bearish divergence that makes it very good trade for short.
USD/MXN has formed a bullish AB = CD reversal pattern and price is showing RSI divergence at Potential Reversal Zone. Price has also started printing higher highs and higher lows. Will take entry at break of HH and expect continuation of bullish trend.
CHFDKK we use here a harmonic tool name (AB=CD) . in this we see a bullish trend with no divergence . and we analyze that is should go to the (D) point . and at that point if the RSI shows diversions then its BEARISH Harmonic AB=CD pattern .and trend is reverse at that point .
The red bullish pattern is invalid so I am anticipating it to fractal and become a left wing on a larger bullish pattern. The blue bearish pattern is valid so I am anticipating to create a new low into my downside target area. I am bearish on the weekly chart so this is a daily target on this particular pattern. I am trading the AB=CD into my downside target...
As mentioned in the previous analysis it has reached the PRZ now, now we will wait for first LH to be developed then we will short the gold.
This is a very confusing consolidation under resistance set in May 2022. The strength of this trend corresponds what is expected for the kick-off of an Elliott impulsive wave 3. Please see my overview analysis here: At this point, this weekend, I think there are two possible paths to complete a W3.2 (sub wave 2 of a superior wave 3): red, or teal. I favor teal -...