Berkshire Hathaway is currently trading at the HOP level of a Bearish Gartley and at this HOP level, upon close, will likely confirm a Bearish PPO Confirmation Arrow as the PPO Oscillator itself gets closer and closer to breaking below a well established trend line.
Along with that, we have some Bearish Divergence on the MACD and the price action we got at the...
The Dow Jones Industrial Average is forming a Potential Right Shoulder within an Ascending Broadening Wedge pattern and in this Right Shoulder, we can see a Potential Bearish Gartley at the HOP level with PPO confirmation. If it plays out, we will confirm a Partial Rise and increase the chances of a full on breakdown below this wedge pattern which at the very...
Hello traders! Let's delve into the Pound-Dollar landscape and identify potential buying opportunities. 🇬🇧💱
📊 Weekly Chart Insights 📊
The bullish trend on Pound-Dollar persists, presenting a potential buying chance this week. On the weekly chart, the market retraced to the previous support level, respecting it at 1.2632. This could be a zone to watch for...
📊 On the weekly chart, a strong W formation with a long tail signals potential upward movement. Daily chart shows another bullish W formation, indicating a powerful uptrend. Four-hour chart proves the market's strength after breaking support. Trend traders wait for confirmation above 141.96.
🎯 Weekly Bearish Bat Pattern at 149.45 presents a trading opportunity....
Hey traders! 🐻📉 Are you ready for a retracement on the S&P in the 1-hour timeframe? Let's dive into this bearish setup! 📉📉
📈 Bearish Gartley: The price action on the S&P has formed a bearish Gartley pattern, with the price topping twice on point D. This reliable harmonic pattern signals trend reversal with a highly reliable consistency.
🕯️ Bearish Engulfing:...
FX:NZDUSD bounces from the local support area and forms a retest of the strong resistance area. What to expect from the price in the nearest future?
The US is having a day off today, but at the same time the PMI is coming out and it looks like the data might be bearish for the currencies, so if this is confirmed, the currency pair might show some bullish...
BTCUSDT is about to draw a beautiful diamond pattern to fill a potential Gartley harmonic pattern, aiming supply levels. The price action tends to make a micro double bottom, which level is the base of a potential diamond.
This could be for you if you are waiting for a counter-trend move. A Bearish Gartley Pattern is expected to complete at 1.2605, but the earliest for that is on 12 Jun 23, 1200(utc+3); any earlier than that, the trade would be invalid.
If a break and close above 1.2605 occur, I will wait for an M.C confirmation at 1.2659 on the ABCD pattern.
Both of these...
Support below 0.618 above Probable Macro Wave 4. Parallel channel for channel support resistance, fibs 0.618 above resistance, Bearish Gartley looking at a possible flat top Wave 5 otherwise 36k probable on breakout to the upside from previous highs.
Today I spotted a potential opportunity on the M15 chart. Although it may not offer the highest returns, it's a great way to generate some income and gain more experience in trading Harmonic Patterns. Personally, I'm looking at the Bearish Gartley Pattern for this trade.
GBPUSD is setting up for a potential downside move watch price action according to your own trading strategy and look for a short position opportunity.
This is just analysis.....
GOOD LUCK & GOOD TRADING
Completeness of Harmonic Pattern with a traditional chart pattern signal.
Break-retest level will be a short plan.
Diagonel support zone which comes from the lowest level of the chart can be a target is also 618 level of the harmonic pattern.
May the force be with you.
Hello traders, USDJPY is setting up for a short term downside move, watch USDJPY in a mentioned yellow box and look there for a short position opportunity according to your own trading system or strategy.
This is just analysis, not the exact trade or any kind of signal that proven with wining or losing % so be sure trade with your own according strategy do not...