Quick post ahead of market open, I'm looking at EUR/USD on the 4h chart with a potential bullish AB=CD setup completing at 1.10440.
Structure looks great, once price tests the PRZ we will be able to gauge further price action. As always I will keep you posted on the patterns progress and if the trade is executed!
Enjoy the rest of your Sunday :)
VeChain has created bullish AB=CD harmonics pattern. The pattern is used for both intraday and for longer timeframes. The point D signals a buy in the bullish pattern, which is identified anywhere between 127.2% and 161.8%. Since we had a reaction in the zone, the price is now on the move to the upside. The first level to look up is the confluence zone of...
Happy Monday traders, the market is open!
This week I am looking at a potential AB=CD pattern on the GBP/AUD. With this pattern our retracement falls between 0.5 and 0.618- specifically 0.567. Technically this is slightly closer to the latter, which would give us an ideal extension of 0.618. A 0.5 retracement would give us a preferred extension of 0.2, so I have...
BITFINEX:ETHUSD November Intraweek Add-on
ETHUSD 10/13 - Valid
ETHUSD 10/18 - Valid
Caution, I only trade on a moderate trend basis on H4 D1 and sometimes W1 .. I am not chasing any small movement and I also dont...
What's up everyone, here we have NZD/USD with a bullish AB=CD pattern on the 1h chart.
The measurements for a valid AB=CD pattern are detailed below.
C: 0.618 - 0.786
D: 1.272 - 1.618
Excellent trading opportunity with over 1:3 risk to reward.
The D point forms at a key support level in the market which indicates a reversal at this level rather than a D...
What's up everyone, here we have EUR/GBP with a bullish butterfly pattern inside of a bullish AB=CD pattern on the 4h chart.
I'd like to thank my good mate www.tradingview.com for spotting this setup.
This is an excellent trading opportunity with over 1:4 risk to reward.
The D point of both patterns complete at 0.81500, this has proven...
Here, we have a completed ABCD pattern with the USD/JPY on the 1D chart.
Price has hit D point but seems to be stalling for the moment.
We can expect price to make a break within the next few hours.
Risk Ratio - 3:1
The measurements for a valid ABCD pattern are detailed below.
AB: 0.618 - 0.786
CD: 1.272 - 1.618
Here we have GBP/CHF on the 4h chart with a potential buying opportunity, as you can see price has formed a valid inverted head and shoulders pattern and a potential reciprocal AB=CD pattern.
If you check the daily timeframe price has also formed a larger inverted head and shoulders pattern which further validates the move up.
I hope you all have a great week :)
Hello traders, it appears USD/CHF is now forming a reciprocal AB=CD within the CD leg of a bullish 5-0 on the daily chart.
The formation of the reciprocal AB=CD is regularly flipped in this situation, starting with A at the C point of the 5-0 pattern but I'd like to see the outcome of this setup!
The measurements for a valid 5-0 pattern are detailed below.
hi guys, two possible trades on the EURNZD. EURNZD is currently in consolidation bevor the nex bullish impulse so maybe two good opportunities for a trend continuation trade.
short term targets on the chart. watch for the price action and trade with care.
There are some amazing setups forming on the charts, here we have EUR/JPY on a Daily chart with an AB=CD pattern. Straight away this could be an excellent shorting opportunity from the C-D leg move, we will also have a potential long position in the near future upon completing the D leg.
We are bearish on this pair as long as price stays beneath the descending...
There are some amazing setups forming on the charts, here we have an AB=CD pattern on a Daily chart for GBP/USD. This post will tie in nicely with my long term prediction on the currency pair!
Straight away this would be an excellent long position in the near future, the C point came into the 0.5 Fibonacci Retracement (feel free to draw in the retracement levels)...