Moderna (MNRA). This is a potential long trade if it reaches my area of interest in my PRZ (price reversal zone). A nicely formed ABCD formation together with a Harmonic Crab / Alternate Bat (depending where X starts), come together in the mid to low $160s. (This also happens to come full circle to the recent December 2022 low.) This together with positive...
AUDUSD has formed an AB=CD bearish pattern on its hourly chart. the price is trading below EL: 0.69810. ST: 0.69963 Targets: 38% AD: 0.69423 50% AD: 0.69258
Trade active. Sell stop activated at 849pm. Playbook setup ABCD/Reversal on DT Rejection. RR 1:2 Probability of success: 75%
Price after was arrived upper market in 80 last candle sellers are take 5 candle movment, after few correction price need to move to lower swing
Bearish AB=CD on EURAUD on the 1 hour timeframe, let's see how this plays out. Live testing.
Good morning traders, We are anticipating a GBPCAD Bullish reversal but we haven't reached our support as yet. Our ABCD bullish harmonic parten point D rests on our support cluster. We wwill now take advantage of this by shorting/ selling the GBPCAD to point D and wait for a confirmation to long/ buy the reversal. Please share your thoughts Disclaimer NASDAQ...
BA is extended and struggling at key zone of confluence. The stock currently has relatively low implied volatility in comparison over the last few months, so it is setting up for legging into a high probability option spread.
Market currently in contracting phase, the JPY trade surplus will push market lower. after market finishes pullback i expect it to take on the decline MACD- is at the crossroad on the 1HR chart and has crossed over expected to currently pullback and complete the crossing at next decline to TP Ichimoku CLoud- shows price inside the cloud currently on a pullback...
As we can a new day here and USDJPY is making a bull flag i am expecting it to breakout lets see how will the speech will affect the markets and dollar. NFA
Good day traders, The EURNZD has given us a signal clear as day. What to consider is that we are currently trading in a bullish ascending triangle, the resistance of our ascending triangle is above our resistance cluster, we have currently broken out of our resistance cluster and to top it all off we spotted a bearish ABCD pattern that is on it's way to get...
This price structure on the S&P is a very high probability bearish price structure. The primary bullish pattern in play is the orange bullish pattern where price is currently at C. The Second bullish pattern in play is the red bullish pattern where (Red B) is an extension of (red XA). The red B is the significant swing because it is an extension of its XA. The...
Good morning traders, We see a consolodation on the GBPCHF. We are now half way through to our support and we noticed an ABCD bullish trendhike harmonic pattern that formed serving us as a bearish confirmation. We will now sell to support as soon as the market opens.
There is currently an active Bullish trade setup on the Intraday Timeframers that could take it up about 20% but when looking at the context of the higher timeframe i can see the weekly candles reclaiming an old Congestion Zone which could set it up to make a macro recovery. In the scenario of a Macro Recovery i think it could go all the way back up to the 0.886...
Waves is in a Descending Triangle at the highs but it showing signs of a Potential Bullish Head and Shoulders and a Potential Bullish ABCD BAMM, if this plays out the measured move will bring us up about 18-25%
Considering the acceleration of the upward movement of the price, it is likely that the first destination is the ceiling of the channel, which completes the AB=CD pattern
Adidas has activated a second impulse with target price at 158,30€ that is +14,8% from current price. Stop loss would be below the trend line or in last instance below 114,60€ that is the fibo level of the retracement.
Good day traders, Although we are currently bullish on the lower timeframes, swing traders are looking at the overal out look of the CHFSGD. The CHFSGD has been consolidating between our Support and Resistance levels for a couple of years now. It has recently respected our resistance level creating a possibile bearish trendhike. We saw a bearish confirmation it...