GBPUSD has formed a broadening top on the weekly and has shown weekly bullish divergence at the bottom of the formation along with that it lines up with the 2.618 which would be the PCZ of a potential Bullish ABCD pattern The target for this setup will be at our horizontal resistance but i could see it possibly going higher to test the upper trendline.
$GO #GOCHAIN #GO #GOBTC ON THE WAY TO THE MOOOOOON :)
AB=CD PATTERN Target yet to reach.
the detail is shown on the above Idea. this Idea is in Continuation of my Confirmed Previous Idea. Although Bearish Trend was less than I expected ( Fibo Lower Level retraced) Dear Friends Leave us a comment or like to keep my content for free and alive. God Bless you and your Parent.
Bullish USDSGD with ABCD pattern spotted TP1: 1.3857 TP2: 1.3921 SL: 1.3635 To enter trade, wait for price to trigger at : 1.3756
A bullish ABCD pattern sits on the extreme of the demand zone of this counter-trend trading opportunity. I'm waiting for this candle to close and decide if I'm going to have an aggressive trade on this setup. The final decision will be sent to my community.
A ranging market on USDJPY, there is 3 level of support or should I say a buying opportunity. The first one would be 106.99 as an immediate support level, breaking off that and closing below the support line I will be looking for a buying opportunity on ABCD pattern completion or even a bullish bat pattern if the candle break and close below the support level of 106.99.
A bullish ABCD setup near the important immediate support, if a break and close below the support traders can wait for the major support level before having your trade planned. One of the two to happen for me to engage the trade. 1. touch the blue line but not closing below it; 2. touch the tip of the blue box also known as the PRZ(Potential Reversal Zone) and...
After the C high painted, pattern still remains valid if we take last weeks high (A) into consideration. Target (D) has been updated to $5686.
Will Harmonic Pattern work on Crypto ? We will see.
Potential Weekly Setup in USDSGD TP1: 1.3178 (839pips) TP2: 1.3697(1358pips) SL: 1.1937(-402pips) Open position at: 1.2339 (retrace price after touching D point) Will be a very profitable trade if the setup completes beautifully.
Another ABCD spotted in AUDCAD in Daily Chart TP1: 0.8894 (254pips) TP2: 0.9084 (444pips) SL: 0.8425(-215pips) Open pending order at: 0.8640 (only when price retraces from 0.8587 back to 0.8640). Created alert at 0.8587
Potential ABCD setup in USDCHF Daily Chart TP1: 0.9610 (246pips) TP2: 0.9768 (404pips) SL: 0.9227 (-137pips) Open position at: 0.9364
Daily is still bearish. Will USDJPY hold its ABCD pattern in this counter-trend trade in the 1-hr chart? We shall see TP1: 107.29 (188pips) TP2: 108.46 (305pips) SL: 104.44 (-97pips) Open position at: 105.41
ABCD pattern spotted in EURUSD (Daily chart) TP1: 1.0974 (270pips) TP2: 1.1141 (437pips) SL: 1.05189 (-185pips) Expected D completion : 1.0704 Extra Confirmation if RSI dips below 20 and progress upwards Click on my affiliate link: blueedgefinancial.com Edge Trading Academy FREE BONUS #1: Titan - A.I. Powered Trading Software FREE BONUS #2: VPS (Virtual...
Bullish ABCD AUDCAD spotted in 1-hr chart. Price has hit TP1. Expect the price to drop in buy zone again to reach TP1 and TP2. TP1: 0.8743 (55pips) TP2: 0.8779 (91 pips) SL : 0.8659 (-29 pips) Set pending order on 2 Mar at 0.8688
Potential Bullish ABCD spotted in NZDJPY in 4-hour chart. TP1: 69.92 (210pips) TP2: 71.22 (34opips) SL: 66.71 (-111pips) Expected D point to touch price point before 4 Mar 2020 at 67.82 (to open trade)