Hello Traders, We got both bearish Cypher pattern and harmonic ABCD move completing close to one another. We also got Fibonacci cluster where both of these setups will complete and there is only minor resistance present for these setups. The difference between the stop loss of both setups is about 21 pips. Stop loss is placed above the previous high (looking...
3 SIGNAL FOR BUY : SIGNAL BUY BASED ON PATTERN AB=CD IN THE TIME H1 AND BASED ON CANDLE STICK IN THE TIME DAILY AND GAP IN THE DAY MONDAY. GOOD LUCK
The Ideal Gartley inline with previous resistance level
We placed NZDUSD on our radar during yesterday's Live Room session and have been tracking it ever since. I apologize in advance, but the analysis that I did on this pair is somewhat advanced so I'm not going to attempt to duplicate what I shared with you in last night's Syndicate video. Honestly speaking it's a lot clearer on the 13 period range bar charts (as...
good looking ABCD pattern ... waiting .... as always
One of trades that I really look for is for some form of harmonic pattern to complement a market structure. In this case, we see that AB=CD completes at 118.7 and 1.27AB completes at 118.6 and this gives us a really nice tight confluence zone. Market structure clearly showed that being a pivotal point so bulls can definitely look to buy here. Stops to be placed...
I got asked the other day about Bitcoin and what I thought about recent price action. When looking at the timeframe all that comes to mind is consolidation and bearish. As we've seen on the AUDCAD over the past few weeks (as it's nailed 4 straight cyphers) consolidation breeds patterns. I see 2 potential patterns here on BTCUSD the first being a bearish bat...
Looks like a deep gartley pattern developing on the EURUSD 4H. The price seems to be headed for AB=CD pattern completion also. Consider a sell upon completion of both patterns with entry points, stops & targets as indicated. Best of luck and have a good week!
A lot going on here on the GBPJPY so instead of writing a long explanation (plus I need sleep) here's a video explaining just exactly what I'm looking at. www.youtube.com Akil Stokes
The members received a bearish continuation setup (to the already profitable AB=CD pattern) yesterday to short $TEVA near 65$ resistance zone. That setup turned out to be very successful but I'm looking for a stronger bearish move if $TEVA will break down the top of it previous trading channel. Join the members if you like harmonics and you wish to get this...
IF XAUUSD rises THEN we'll have a bearish Cypher pattern completing up at 1215. We also have a harmonic move (ab=cd pattern) with some fibonacci confluence around the same level) Akil Stokes Chief Currency Analyst www.TradeEmpowered.com Akil@TradeEmpowered.com
This Pair is clearly currently bearish with the creation of lower highs approaching a monthly support. - Bearish MA Cross - Lower Highs - Rejection off 50% fib level I believe if price can break the monthly support at the pshychological level of 127.000 I see the completion of a possible D leg at around 121.000.
Ok I know theres a lot of retail traders out there waiting to get in on this pair for the next move down these are my views on it at the moment ive got a scenario for a long idea also but i see it going short too at least 0.7200 for now... Note: Blue areas of support/resistance are Monthly Purple areas of support/resistance are Weekly Monthly ...
#GBPUSD Short @TradeYodha (TradeYodha.com) 1. Harmonics 2. Structure 3. Previous Supply zone 4. 200sma in the zone I would love to hear your opinion, feel free to agree or disagree in your comments. Please give it a (thumsup) if it makes any sense.
The AB=CD pattern setup the Elite Zone members had on $AAPL reached target level and a critical support zone. $AAPL's price is sitting on top of the 50 SMA line and on top of a trading channel it recently broke out of (now support). Couple of options to monitor: Bulls - Potential Aggressive C entry on a daily bearish Gartley (red pattern). Bears -...
Eur/Jpy pair possible to create Bullish ABCD pattern in H1 timeframe. If this pair more fall down and retrace from 128.20 level then its complete D leg of ABCD pattern. If this pair create ABCD pattern, then we going to looking for long position in this pair and our stoploss should be at 30-40 pips and takeprofit should be at 129.200-129.400. So,keep eye's on...
The Weekly Markets Analysis newsletters are ready and in the FX edition, you'll find two harmonic setups on $EURUSD to monitor over the coming week. Read the newsletters - marketzone.tumblr.com Subscribe at - www.themarketzone.net
There is no doubt that the bigger trend right now in most of the USD pairs has remained bullish and fundamentally speaking there is no reason behind the recent USD bear moves but profit taking of the massive long positions. Remember: Nothing moves in a straight line Now about the technicals: DXY fell sharply last week in a fashion that has happened once a...