Entry Buy -ABCD pattern -127 BC -Demand D1 TP -32.8 CD -61.8 CD
Based on AB=CD BC was 88.6 Fibo So, D will be 113 Fibo around 74154 expected during may end 2022
I'm updating my targets from this harmonic pattern AB=CD at 3.33 Fibonacci ratio plus one more Fibonacci Retracement level.
Nifty now forms ABCD pattern , once its conformed then again nifty will reach 17000 in short term
BTCUSDT on 30M chart shows a Doji reversal candlestick after retrace to -61.8% of my last target accomplished. AB=CD target 3.33% Fibonacci extension downward. Oscillator: Ehlers Stochastic CG, bearish signal. Shows of weakness.
#BTC/USDT $BTC is inside a descending parallel channel. there is a support zone between $33k and $28800 that is the same with middle line of this channel, that bulls 🐮 need to hold to start a new rally. 🐻 break down from the middle line can drop price to lower line of channel and help to complete AB=CD pattern between $16k and $8k.
There's a possibility to buy LUNA around 50-52. There's also a confluence with an AB=CD pattern. Just wait for the price to go to the zone and its price action. Target will be green lines. Do you hvae any other ideas? Let me know on the comments.
AUDJPY - looking at downside targets of 91.000-90.000 then 89.500. As each target is met we go back to the drawing board for management and to anticipate whether or not next target is still valid. We have also touched on potential interim upside targets on time frames H1 and below before seeking entry to downside. A break below the H4 channel entries will be based...
BTCUSDT micro double bottom - possible pullback. The price action has been made a wonderfull bear flag structure and the double bottom is in conjunction with an oversold condiction and increased interest in accumulation. My technical analysis is mainly based on Fibonacci ratios in a sequencial AB=CD pattern. Expecting a intraday swing upward in a potential micro...
Within the sideway consolidation, it does have a potential of a Bullish Flag Pattern formation, a retest at 136.93 will be a good enough price for me to get involved. The first target will go to the immediate high and the final target I'll stretch it to 139.71. That's the level of an AB=CD Pattern completion and coincides with the Bearish Deep Gartley Pattern.
GBPUSD has hit the Weekly Chart's demand zone. You can wait for a double bottom with RSI Divergence for a buying opportunity. I would put the first target at 1.2482, that's the price I'll shift stops to entry. I might stretch Target2 to the Bearish Shark Pattern on the 1hourly chart.
#SOL/USDT $SOL is above daily support that is the same with 0.786 fib level of weekly swing high. 🐮 if bulls success to hold this support that includes descending trend lines, we may see a big swing high that shape AB=CD pattern to $330. 🐻 break down from descending trend lines will drop price to weekly support around $41 and the bullish pattern will be invalid then.
Golden Delta Fibonacci and AB = CD and two heads and shoulders on the Support. And that the price has created a great balance by returning itself from the 1850 range, which should also be taken into account. Considering the news of World War and US interest rates, it can have a good trading position for us. However, the Golden Delta itself is a great trading...
Only 1% of the total deposit, do not forget the loss limit. Please follow the menu signals, you will make a good profit
We see price trading at a major Supply area including a cluster of bearish Fibs, we also spotted the completion of two advanced chart patterns; the Bearish Harmonic Crab and a Fib Inversion Setup2,.. basing on the confluence of all these elements we anticipate bearish momentum in this market. Good Luck
Price action is at a strong Demand region that has been respected in the past, we expect to see a price correction hence bullish reversal for bulls to long in the following week. Always remember, risk mangement is your parachute jumpsuit! Good Luck.
According to chart analysis, it is in a bullish trend and the pattern is AB=CD forming.
CHFJPY has been in pressure and forming a harmonic pattern of AB=CD. We have a bearish stance with sell on breaking support strategy.