#EURUSD Inside BAT Pattern Zone, 15 Minute Harmonic Pattern
bearish Crab forming on the 1 hour chart this coincides with my Elliot wave count for that time period and with the reversal zone right at the 1.618 extension of my wave 1-3 swing. PRZ of 104.261-104.765 TP1 @ 103.009 TP 2@ 102.116 thanks for viewing Bud
Appears to be a bullish crab forming on the 15 minute chart. if it does form I will look to go long after a candle over candle confirmation on a bounce off of the 1.618 Fibonacci extension. SL will be set initially @ 25 pips from entry then will go to break even and enable trailing stop TP 1 @ 1.29679 TP 2 @ 1.30081 Thanks for viewing Bud
Its a big if, but if price can get back up here to this level it would be a convenient place for us to see the short term trend reverse. Why? 1.We have a Fibonacci extension level at the 1.618 2. We have a normal retracement from our swing high @ 886 3. Another potential AB=CD pattern 4. this is a good looking support (hopefully come resistance) level. 5. The...
As the price goes down XAUUSD we expect a reversal @1310.00 in the Potential Reversal Zone we have: Major Structure support Confluence with a 0.382 fib level Confluence with a 1.618 extension In other words, looking to get long with the gold ! With this instrument be mindful of your risk "Eyes on your mind, not on your trade" Cortes Team Thanks
We've broken the head and shoulders pattern that Ive been eyeing on the daily chart, a close below that level today would be a nice sign of confirmation. However, on the hourly chart we have an ABCD pattern completed at a 1.618 ext, so there may be a short term bullish move (or massive rally, not sure). I don't try an predict market moves, I simply make a plan for...
Sticking with the prevailing trend on the higher time frames and looking for a possible short entry to get in on should this thing break to the downside based on the 1D chart. The area where this harmonic pattern would complete comes in at a previous structure level on the 15m chart.This may serve as a possible short entry should there be SIGNS that the market...
Here we have some Fibonacci ratio confluence that could be very powerfull We have stops above the 1.618 extension wich, in case that price action breaks it, means that the price is not overextended and that it has a high likelihood of going bullish. So we will expect a move towards of take profit or stop loss next week. You also have to have in mind that in...
I think that CWEI will rise to 60 or less if the stock come back to 40,00 $. I think so due to the fact that ·the price just broke 1 ( 0.28 )Trend-Based Fib Extension · also it broke the down trendline · it just had an pullback in the pitchfork you could see in the picture · also an uptrend just started
Within the large consolidation wedge that EURUSD has been in for the last 2 years, there's been quite a bit of movement that has presented a wide array of opportunities. Over the last month Euro broke out of an ascending channel after the Brexit announcement, confirming a new downward trend within a descending channel. EURUSD has approached the top of this new...
pink trend line was once resistance now support to carry this pair to new highs hopefully. Over all trend is bullish.
Watching price action closely as it can skyrocket at any point. Shorting the pair currently and hoping to get to 50% retracement Don't think pair will hit 0.76800 in 1 impulse move, expecting another correction some where along 1.272 1.618 and then another move up hopefully!
Not sure how much price is going to drop before the impulse up Expecting price action to drop to at least 23.6% fib if it does I want price action to break minor support turned resistance level to indicate possible move to 1.272 extension. Stops below critical zone
After capitulating last friday bulls are poised to take back some ground lost. Overall my trend bias is bullish My prediction is that price action will AT LEAST hit psychological level of 1.31000 Retrace a little bit and then sky rocket to a FIBONACCI CONFLUENCE - MONTHLY 38.2% RETRACE -1.271 FIBONACCI EXTENSION
Hello Traders , We have a potential Cypher Pattern if price pulls down to our entry level @ 1.3072 This is a trend continuation trade. I am looking at our entry level acts as an area of minor and major support. Target 1@ 1.3135 (63 pips from entry) Target 2 @ 1.3179 (107 pips from entry) Feel free to follow, like, share and comment. www.instagram.com
As we go down making lower lows, the price is getting close to a very nice point of confluence at @134.000 even handle At this point we have the following: 61,8% fib retracement 1,272% fib extension Structure alignment: support We think we might get filled in this trade next week Remember Eyes on your mind, not on your trade Cortes Team Thanks !
Each Monday I hold a private training lesson for our Transformation members and today the topic was the Combined Technical Scoring System (CTS) During the lesson I talked to them about my personal journey & how I went from a very conservative CTS trader to someone who no longer requires a score. With that being said I've ingrained the process into my daily...