HARMONICS IN MINUTESBEARISH BAT Vs BULLISH CYPHER Vs CONTINUED ...
BEARISH GARTLEY Vs BULLISH CYPHER Vs BEARISH H&S
Gartley
AUD/USD + RISK ON SENTIMENT⭐️Key Takeaways⭐️
✔️ AUDUSD is that risk-on sentiment currency - should monitor SPX for correlations.
✔️ Gold continues to maintain it's bull run but struggled to break above $2000. A correction is gold could signal strength with the buck.
✔️ Small timeframe rounding top action but could transition into a gartley pattern
⭐️Technical Analysis⭐️
As long as the US continues to see a rise in COVID19 cases, we should expect to continue to see further USD weakness.
AUDUSD on the daily showing clear divergence with RSI. Seems like this divergence theme is getting pretty played out by now as we've seen divergence across the board for several weeks now with zero follow through.
Ascending support maintains with this pair. Next critical upside resistance level is around the 0.73 handle. If we manage to break below the ascending support, that could open up further downside as the USD enters its correction phase to the upside. Downside levels of support to look out for include 70, 69 and 68 handles.
Regards,
Michael Harding
RISK DISCLAIMER
Information and opinions contained with this video are for educational purposes only and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors.
NASDAQ - Potential Bearish Gartley/CrabJust sharing my thoughts on the NASDAQ going into next week.
USD seems to still be extremely weak, I will not be surprised to see it drop and see Nasdaq breaking new highs.
However, I am still aware of the potential bearish pattern which might cause a throwback to support.
I will share my thoughts in my short video, hope you will like it.
TOP 5. Issue 4 from 01.09.2019Weekly update with the outlook on my 5 favorite trading instruments where I place around 90% of the deals.
These include: SPX , Gold , Crude Oil , EURUSD pair and the Emerging markets via USDRUB .
If you like what you see, please fell free to hit the Like bottom and leave your comments.
Disclaimer:
By viewing this video you fully accept and agree that it offers general advice only and that trading the financial markets is a high risk activity and that you understand that past performance does not indicate future performance and that the value of investments and income from them may go up as well as down, and are not guaranteed.
TOP 5. Issue 2 from 18.08.2019Weekly update with the outlook on my 5 favorite trading instruments where I place around 90% of the deals.
These include: SPX , Gold , Crude Oil , EURUSD pair and the Emerging markets via USDRUB .
If you like what you see, please fell free to hit the Like bottom and leave your comments.
Disclaimer:
By viewing this video you fully accept and agree that it offers general advice only and that trading the financial markets is a high risk activity and that you understand that past performance does not indicate future performance and that the value of investments and income from them may go up as well as down, and are not guaranteed.
GBP/JPY - DAILY - GARTLEY PATTERNHave a look, GBP/JPY on DAILY time frame seems to be settling for GARTLEY PATTERN.
ENTRY- 138.556
STOP - 136.334
PROFIT - 142.912
Ripple: Trade down, then turn aroundIn todays Video I talk about 2 patterns. The 1st is a Butterfly which seems to be setting up (point B is a 78.6) and if that is the case price should move lower to form C which for me makes sense as I see missed Central Pivots (monthly & weekly) below.
That being the case I zoom into a smaller bearish Gartley which is setting up. I will look to short at D with my stop above X and then hold the position down to C (May central pivot & / or weekly from 3 weeks ago) of the bigger pattern (Butterfly) at which point I will take profit and look for an entry to trade the C D leg.
Lets see how things work out :)
Gold 100 pips Profit awaiting Selling gold from 1345 to 1332. Fibo levels cluster plus Gartley and MMD levels to be reached.
EUR/USD potencial for gartleyAs described on a video using classical harmonic patterns and new MMD methodology there might be couple of profitable moves on EUR/USD
AUDUSD Approaches huge Demand ZoneAUDUSD Approaches huge Demand Zone.
Confluence of Trend-Line Demand with a 38.2 & completion of a Bullish Gartley Pattern
USDJPY - Don't Chase A Trade That's Already Completed (Bear Bat)Here on the USDJPY we have a potential bearish bat pattern setting up. We also have an interesting setup where there was another valid pattern formation prior to it which brings up the topic of "should I enter again if I missed it?"
Akil
GBPUSD 4hr - A Bullish & Bearish Potential Pattern TradeHere on the GBPUSD we have two potential pattern formations setting up. A potential bearish bat formation & a potential bullish gartley.
Akil
Gartley Pattern: Explained In todays video I walk you though the Gartely pattern with all the levels you need to look out for if you want to start using them in your trading.
Happy to answer questions that might come up.
GBPUSD - This Trade Will Probably Lose...Now What? A brief follow up on a trading opportunity that I shared yesterday explaining how my mind deals with a losing trade and what opportunities may present themselves next.
Akil
GBPAUD - Bullish Gartley Type 2 EntryHey guys, short video before I go back for some military training for 10 days.
This is a bullish gartley with the trend.
Right now is a possible entry on a type 2 setup.
R:R is almost 4.
More explanation and details in my video, good luck and good trading!
AUDUSD - 1350 Pips+ Still Counting- Can we nail it@0.7695 Check the video for an exciting journey of 1350 pips from highs@0.8125 to 0.7532 lows & from 0.7532 to 0.7695 with all twist & turns - can we nail it with bearish Gartley in current structure below 0.7695. Let me know your comments. Do support.
