Emerging Bearish Harmonic Patterns
1- Anti Nen Star
2- Butterfly
3- Bat
The PRZ is indicated by the confluences of two bearish emerging harmonic patterns which are butterfly & anti nen star, wait for bearish price action at this zone to confirm your short entry and don't forget to setup a proper stop loss before placing any order " as a general rule in all of...
I think the Bearish outlook is more probable , however we should wait for the direction of the breakout to confirm the bias
Emerging short-term Bullish harmonic patterns " in red & yellow " ; Shark , Alt. Shark & also , medium-term bullish green harmonic pattern which is anti nen-star
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I think we have a corrective bullish ABC structure being forming in progress , in which wave A is a Leading Diagonal , and the current wave forming is B which is WXY corrective pattern and can ends down to the pink 1.618 fibo level , but I think we have a good possibility for that corrective wave to end at the pink 1.0 fibo level as near that level an Anti Nen...
Emerging 4 bearish Anti Harmonic Patterns
From Elliot wave point of view , we are moving currently in the bullish corrective wave C within the dotted up trend channel indicated in the chart . We need to wait for its breakdown to confirm the end of wave C
Sell the breakouts indicated by the red arrows if you are a conservative trader
The green triangle may be...
Currently , expanding triangle is in progress which is a part of bearish C correction of an ABC corrective structure that forms wave 2
Buy the breakout of the expanding triangle which indicates the start of the bullish wave 3
Initial three targets are shown by the up green arrows .
The invalidation level for that setup is shown in red !
4 Emerging Bearish Harmonic Patterns as shown with the PRZs specified
Look for any oscillators divergence at those PRZs , Volume Spread Analysis will be a good tool for signalling the sell order and the completion of the harmonic pattern
Medium Term Bullish
Long Term - Bearish
3 Bearish Harmonic Patterns are emerging, which are :-
1-Gartley
2- Anti Nen Star
3- Anti Alt. Shark
I Think currently there may be a bearish correction within the bearish dotted yellow channel . Long entries can be placed on the breakout of that yellowish channel aiming the targets at which point D of the harmonic...
