Here is my view on BTC on a Macroeconomic scale and in my opinion we will be bearish at least till the end of 2022 for BTC and Cryptocurrency in general. We are on the verge of a shift of powers and an emerging global recession.
Hello and welcome to this analysis Glenmark after consolidating near its monthly support attempted a fresh upmove from 350 to 400, Post that it has made a sideways corrective forming a Bullish Harmonic ABCD. The current reversal from 375 could be a higher low of the new uptrend in it and it could rally till 410-425-450 as long as it does not breach 374....
Hello and welcome to this analysis The stock is at the PRZ of a Bullish Harmonic Cypher formed in Weekly time frame. A bounce/reversal till 340 to 375 is probable as long as it does not break 250. Risk Reward for the trade is v good at 1:3 Harmonic Trading Patterns consolidate and then give strong follow through of trends. Since this is based on weekly time frame,...
Keep it simple. Using Harmonic patterns. The 1.02 mark is an absolutly strong resistance area, look at all the harmonic legs that are leading to the 1.02 mark. Because of this, this is a low risk profile short setup. There are different scenarios. For instance It can go immediately to that mark and create a wick, -or it can trade in a trading range above the mark...
#AR/USDT $AR is below upper line of ascending parallel channel, also there is an ascending support near the price. 🐮 break out from upper line of channel will help bulls continue rally to $16 to complete butterfly pattern. 🐻 break down from ascending support will drop price to middle line of channel that is the same with support zone around $11.
Butterfly pattern completed last week Friday. Execution on lower time frame.
Hello friends. According to the movement in the one-hour chart, the next target is the white box. If you see an upward movement in the middle, do not worry and wait for the white box to arrive.
atom in 2h tf just finish a bearish harmonic pattern price touch the supply/ote zone macd momentum decreasing macd and rsi divergence wave 5 of impulse wave
Hello and welcome to this analysis on TATASTEEL After a v sharp decline in MAY-JUNE the stock has now formed and reversed from the PRZ of a Bullish Harmonic ABCD As long as it sustains above 840 it can do a pullback to 925 and 1000 Risk Reward good for longs
If you ever want the perfect trade, this could be it. D1 trend is down H4 is down Touching the H4 MA now There are 3 harmonic patterns. Despite all of this, we will wait for a M15 reversal to get in. Likely in 2-3 hours from time of posting.
Keep it simple. Using Harmonic patterns. Two AB=CD pattern on the smaller timeframe. There is a probability it will first go to the retracement box before a potential pullback or reversal. It's also forming a 3rd leg up, wich most of the tiime ends with a reversal. If you woudld like to go short: wait for a better structure. Maybe a push higher above everything...
Hello and welcome to this analysis on MUTHOOT FINANCE cmp 1130 After peaking out in NOV 2021 it gave a Head & Shoulder breakdown in JAN 2022 which lead to a Bearish Alt ABCD 1.6x breakdown. Now after completing its Bearish Alt ABCD it has reversed with a Bullish Harmonic Alt Shark with a Long Legged Doji candle and a Positive RSI Divergence. It could bounce...
Keep it simple. With regard to the previous GBP USD post of the weekly chart, here we look at the smaller timeframe to find even better and more low risk precise short entries! 𝘼 𝙡𝙞𝙠𝙚 𝙖𝙣𝙙 follow 𝙬𝙤𝙪𝙡𝙙 𝙗𝙚 𝙖𝙥𝙥𝙧𝙚𝙘𝙞𝙖𝙩𝙚𝙙! Thank you and have a good one
Keep it simple. Waiting for that AB=CD mark to become the next big resistance area. Ultimate low risk profile to short in that area. Also have a look at the GBPUSD idea of the lower timeframe (important for a better entry)! 𝘼 𝙡𝙞𝙠𝙚 𝙖𝙣𝙙 follow 𝙬𝙤𝙪𝙡𝙙 𝙗𝙚 𝙖𝙥𝙥𝙧𝙚𝙘𝙞𝙖𝙩𝙚𝙙! Thank you and have a good one
The market has been going up for a while but there is a good chance that everything (stocks, bitcoin, indexes) are coming down. Here is how I see AUDUSD. There is a big pattern to sell at the current level. It has been challenged again with H1 divergence. If this pattern comes into play, we are looking at a fall to 0.6870 for a long pattern. Nice risk to...
Hello and welcome to this analysis on RELIANCE INDUSTRIES On April 29, 2022 it completed the formation of a Bearish Harmonic Alt Shark Pattern indicating a reversal in the daily time frame. Currently it has completed 50% of that retracement and formed a Bullish Harmonic Alt Shark in the Hourly time frame suggesting a probable bounce from here. A pullback of this...
When a coin drops it is merely instinctual to pick it right up, thats money we're talking about, can't leave it on the floor... Using a term I coined, harmonic wolfekraft, I have obtained the following scenario for COIN. Summary - Look for a bounce around 135 this week (4/18-4/20 range most likely). The bounce zone is 130-140. If it drops below that we...
BITCOIN ( BTC /USDT) : Further 40% bullish potential towards 66500 expected Update => Former tactical support invalidated at 40700 - What's next? Context The Bitcoin , as many other correlated crypto assets, confirmed a start of a significant upside swing after having developed a bearish reaction (auto-similar move - blue arrows) during the last past week....