There is a Confluence of a Bullish Butterfly and a smaller Bullish Bat visible on the 5-day and Weekly timeframes on the JXY as the RSI ticks out of the oversold zone for the 4th time at this level while making higher lows each time. It would seem as if the JXY is confirming to us that it has reached a Harmonic Bottom and is preparing to rise up to some of the...
Walgreens is on its way to completing the correction in the form of an alternate bat pattern and a WXY pattern. I've outlined entry, profit, and stop-loss levels. Keep in mind, that this is going to take some time to play out. I wouldn't buy option unless you know what you're doing. This is probably better for people who want to park their money somewhere long...
EURUSD has reversed from the HOP level of a Bearish Alternate Bat after having earlier went beyond the standard PCZ, and now the EURUSD is back below the PCZ and breaking down on a much more significant timeframe both in terms of Price Action and PPO. I think that things should continue as expected and that it will go for $1.035 and then go for the bigger targets...
Walmart has formed a Rising Wedge into the PCZ of a Bearish Alternate Bat, and as it's made its way to the PCZ, the PPO has given us both a Bearish Confrimation Circle and 3 Falling Peaks. If this plays out, I think WMT could easily see $130, but there is room for it to go down to as low as $90.
When comparing the price action between BAC and PACW, it can be seen that both stocks exhibit the same price action, which is a Rising and Broadening Structure leading into the PCZ of a Bearish Alt-Bat, which all eventually came to a halt upon getting Bearish PPO Confirmation. This led to a breaking of the 21-Month SMA before ultimately flushing down to all-time...
Gold could be due for a years long correction down to A level at $1052 as that is the target of this Bearish Alt-Bat given the circumstances i wont be looking for any bullish setups on gold in the long-mid term only bearish ones. This probably isn't a good sign for extended commodities either, the only commodities i will look for signs of bullishness in are...
There is a potential 3 Falling Peaks Pattern with Hidden Bearish Divergence visible on the Monthly Timeframe and if it plays out we could see the USD dump down to around the 0.886 retrace at 0.95CAD.
Hello & welcome to this analysis WIPRO in the weekly time frame has activated a Bullish Harmonic Alt Bat. It could be accumulated between 360-415 for upside targets of 525-600. View goes wrong below 325
We do also have Bearish Divergence on the monthly and some of the lower timeframes but the stucture looks the smoothest on the 2 week. We have Confimed the Bearish Dragon Breakdown and are working on confirming the 3 Falling Peaks Pattern if we Break Below $86.78
Bitcoin looks ready to begin creating the Potential Right Shoulder of this Potential Inverse Head and Shoulders as it is at the level of what would have to be the neckline while overbought and within the 0.886-1.13 PCZ of this Bearish Alternate Bat it's traded within. If this Inverted Head and Shoulders plays out, the Alternate Bat will underperform and not give...
Right now we can clearly see that Gold has Double topped at the PCZ of a Multi-Year-Alternate-Bat Pattern and also formed a small Deep Gartley at the PCZ of the Alt-Bat which ended up forming a Clear Double Top at the 1.13 Extension. Now after a Notable Decline Gold has retraced back to the Moving Averages which happen to align with what we would see as the...
We have a Three Line Strike visible on the Daily with some Bearish Divergence and if it goes down from here and below the B point we will be set up for a Bat Action Magnet Move that could take us to the 0.886-1.13 PCZ. On a side note here i believe the Japanese Yen will be responsible for most of the DXY's decline so i will be expecting the Yen to gain value...
Alternative Bat and divergence in USDJPY 15M, a good trade to have with nice RR
This is an update to the First Post I made on Gold's Bearish Alt-bat last year just to let you know that it is still in play and that it has just come back up to tap the PCZ a Second Time and this time on Greater Volume this looks like it could be the end and where Gold begins a Presumably Years Long retrace back to the zone between $1,129 and $718.80 If you want...
We have a Bullish Shark at the PCZ of a Bigger Bullish Alt-Bat with Bullish Divergence and it may be hinting at the possibility of a Relief Rally starting within the next few days.
We have a Bullish 3 Line Strike at the PCZ of a Bearish Alt-Bat on this Bullish ETF for US Crude Oil and are showing Bearish Divergence after taking out the Price-Action of more than 3 of the previous Bullish Days with one Bearish Day this signals to me that the major Bearish reversal is about to begin. On a side note the MACD has crossed Bearishly.
Happy Weekends to all the Traders out there. It's been a while that I've been stop doing analysis in the market. This is my first analysis on Ethereum pairing with MYR. What I got here is a bullish Alt Bat formed in Daily timeframe. So it means that there's a potential for this pair will have a rebound on bullish reversal. This is the plan I'm gonna do for this...
We have Multiple Instances of Bearish Divergence on both the MAC and RSI at the PCZ of a Bearish Alternate Bat and at Price Level Resistance I expect to see a significant Bearish pullback from here.