NATURAL GAS has made a very strong bull run in the past few months, the current price is forming an AB=CD pattern (Bearish) on this Weekly Chart.
Of Course, we have to say that the price might go higher.
However, we need to take note that it is a strong opportunity to sell (PRZ)
Watch out for rejection at this level to finding good risk-reward...
Yesterday we got our stop loss hit for this pair.
I still think a retracement will soon come as this pair hitting resistance right now.
We could see the movement of EURAUD making an AB=CD pattern.
Keep in mind we have RBA in 50 mins so expect some volatility in all AUD pairs. Use proper risk management.
Sell EURAUD 1.6065
Stop loss 1.6130
Take profit 1.5935...
Bearish 1.41 AB=CD and Bearish 1.27 AB=CD was found on 20 Apr 2021 23:30 UTC+8.
Break out with Gap Up happened on 27 Apr 2021 21:30 UTC+8.
Found Ascending Channel, expected to go up until USD 104.09.
EP : USD 100.13
R1 : USD 104.09 @ 3.95%
S1 : USD 96.24 @ 3.88%
Risk / Reward Ratio : 1.02
Ethereum has had an amazing run after Bitcoin's recent dips, increasing by nearly 50% of its total price after dips from only a few weeks ago! However, it looks like indicators are starting to show some weakness for ETH in the short term on the 4-hour chart.
ETH now approaches its ascending channel's top (white line, note: linear is shown due to it being a...
POTENTIAL SHORT BEARISH GARTLEY+AB=CD (APF) H1 TF
FROM HTF THE MARKET IS BEARISH BUT TEMPORARY RANGING IN LTF
THE COMPLETION OF THE GARTLEY PATTERN AND AB=CD PATTERN IS STRONG BIAS,BUT
ALWAYS W4C BEFORE ENTER THE MARKET...
TRADE AT YOUR OWN RISK....
Abbreviations / Keywords:
LTF - Lower Time Frame
HTF - Higher Time Frame
TF - Time Frame
TRS - Trend Reversal...
THIS ANALYSIS IS ONLY VAILABLE IF A GLOBAL MARKET CORRECTION OCCUR A BULLISH SCENARIO COULD ALSO OCCUR IN THE MID TO LONG THERM.
THIS IS ONLY A TECHNICAL ANALYSIS BASED ON ELIOT WAVE THEORIE! WE DO STILL SEE SOME BULLISH AHEAD OF US AT LEAST ON THE SHORT THERM.
WE DO SEE A CORRECTION OCCURING THIS YEAR, and since 5 wave find there tops, and the correction...
The candle break and close below the sideways consolidation(red line) and retrace back into the 1-hourly chart sell zone and within that, there is a bearish shark setup on this trend trading opportunity, AB=CDpattern is in to sweeten the deal.
I will be waiting for a candle confirmation to engage the trade.
Do you dare to trade this pair?
If it kills, it does so lethally. If not you are greatly rewarded with this pair going in your direction.
Bearish ABCD spotted in this daily chart. Gold is rallying strong in its bullish trend, hence this is a wait to do a counter-trend trade. Not for the faint-hearted.
TP1: 1559.72 (16610pips)
TP2: 1452.97 (27285pips)