Stock is looking good on most of the timeframes.
On the hourly chart, it is consolidating above the previous resistance, which is now working as support i.e 818-820.
Sustaining the support, the stock can probably move towards 840 to 860 levels in the coming trading sessions.
Gold dropped to a major demand zone after the FED's Chair Powell's commentatary, however we see a few patterns giving us a bullish bias. As always manage your risk. Good luck
Hi traders,
SP 500 is in a corrective cycle that started at the beginning of 2022. We do expect further down to end the WXY corrective structure. This will create new lows and it will break down the 3480 level.
Considering that, we can take advantage of it by trading the end of B in the intermediate degree (blue) and riding the whole wave C before ending the...
A Bearish Bat Pattern setup could be an opportunity for counter-trend traders to latch on to the trade. The earliest I would consider engaging in this trade is 10 am (GMT +8) as I must wait for the candlestick pattern to close.
For this setup, I wouldn't mind if i touches the arrow and reverse because that could bring in the AB=CD traders to join in the fun....
long term accumulation, see a bullish ABCD reverse triangle pattern set up
see the TECS, TLT reverse triangle pattern set up
this is for my education and trading purpose and learning . NOT TRADING OR INVESTMENT ADVICE
Hello traders!
I have spotted and interesting opportunity to sell intraday. There's a Gartley pattern in formation (and I believe it'll extend to 0.886) in which the CD leg also completes an AB=CD pattern on ratios 0.704:1.44. This is a medium high harmonic pattern. It's highly probable that it'll hit TP1 from my perspective. TP2 could happen, but TP3 could be so...
OANDA:XAUUSD also had a nice rally on friday. Now we look at how it reacts on Monday.
Ideal scenario would see us get a 382 retracement back to the 1643 area to then look for the equal leg ABCD towards 1680 and potentialy a move to the 61.8% 1733 and beyond.
But as we are in a down trend we need to be selling any ABCD Retracements.
Another one to watch early Monday. 👍👍
FX:EURUSD had a nice reversal on friday and now looks to be headed above parity again before we see more selling come in again with a move that could take us to new lows again.
Monday I will be looking for a high to come in then look for the first retracement to Buy.
Ideal scenario would see us come back to 0.9800 around the 382 then rally from there.
A big...
BTC is at the PCZ of a Bearish ABCD and the 800 hour EMA which could send it down towards the $19,050 level this week. I think it has a high chance of just coming back up again after the pullback, this is just a daytrade.
Hello and welcome to this analysis
Nifty in hourly time frame has activated a Bearish ABCD suggesting a probable pullback till 17450-17350.
The pattern would be considered invalid above 17670
Hello and welcome to this analysis
Microsoft like TESLA (link below) is also a breakdown stock in the monthly time frame. However, in the short term its better placed.
In the weekly time frame its activated a bullish harmonic abcd that is suggesting a bounce back to $ 260-270 from there the next round of selling would like resume for $ 200-$175.
This one too is...
Price has completed AB=CD pattern
If it doesn't miss the current price floor, it looks like the beginning of an uptrend has started .
Stay tuned for more updates.
We are witnessing a balance in the downward trend of this currency pair, with which we also see a delta of 0.5, and in addition to this, the major trend is downward, from which we can consider good entry points for the decline.
Still waiting to break the dark zone to enter the drop path safely
Golden Dragon
AB=CD reciprocal 1.618 swing target with potential reaction pivotal points @ 88.6% - 70.7% from Fibonacci retracement. Remains bearish if price action breaks down the volume point of control.
ETH Harmonic Pattern Combo
Bullish AB=CD just completed at 1190
Long ETH and aim 3200
for a Bearish Bat Completion
Cheers !
TP1: 2K
TP2: 3.2K
Find all bullish pattern if you can
to enjoy this upside wave !
