The "bullish AB=CD" pattern is another harmonic pattern used in technical analysis to identify potential trend reversals in financial markets, particularly in stocks, forex, and commodities. It's based on the Fibonacci ratios and consists of two legs that are equal in terms of price and time. Here's a breakdown of its characteristics: 1. **AB Leg**: The initial...
The Loonie (USD/CAD) is falling towards the pivot and could bounce to the 1st resistance. Pivot: 1.3647 1st Support: 1.3611 1st Resistance: 1.3717 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please...
As we impatiently await the bull run, even though it tries to confuse us but we can see the signs as price action demands that markets dont go in a straight direction, they meander but still go where the are supposed and crypto has a mind of it own and its never one minded like an octopus with 9 brains, lets hold thumbs and crypto...
Dear Respected Traders, we hope this communication finds you well. we are convening a discussion focused on #FETUSDT On The 12H Time Frame📊: THE Symmetrical Triangle Breakout Has Already Done and Retesting is Also Completed ✅ So,I Expect a Bullish Move of 100% In Coming Days 🚀 #Bitcoin #Crypto #Ethereum #Cryptocurrency #CryptoTrading #BTCUSDT #ETHUSDT #ALTCONS...
Cardano made a nice bounce after our last prediction of movement towards that lower supportive zone. We are now seeing a price touching 100 EMA, which is the next zone of resistance, and the same goes for 200 EMA. We are keeping an eye on both of those zones for any potential rejections to happen, so eyes open! Swallow Team
The cup and pullback pattern is formed. Heavy accumulations of whales (including okx wallet) At least 1000% profit in two months. Let it be remembered
Gold's 30-minute moving average is still in a dead cross downwards. Gold's 30-minute rebound seems to be strong, but it still has not been able to break through the downward trend line resistance. The gold downward trend line resistance has now moved down to around 2320. Gold has shot up many times and then fallen back. There are many resistances above, so...
Doge completed a type two bat and after breaking down sprung right back above support. Now we look for a few things - Support to Hold - Divergence to Mature on the 4h & 6h - Daily MaCD to Stay green By Layering in you can strategise a SL below Support. We have orders at the 618, 786, & 886.
There is confusion in Nifty whether its correction has been completed or two levels of downside which are marked on the chart according to Harmonic or Elliot wave are yet to come. Enjoy !
The AB=CD Pattern is shown in AUDUSD, where the Harmonic analysis indicates a long opportunity when the price breaks out of the previous higher high.
I checked the Python currency in the chart, it can give a very good profit. If this damn bitcoin goes down, I entered the position from the price of 0.495.
#PEOPLEUSDT UPDATE Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about PEOPLE PEOPLE has breaked the main Falling Wedge Pattern. Here we can see gain upto 70%+ soon✍
GBP/JPY remained bullish, strongly bullish on candles from the weekly uptrend, reversing the candlestick pattern when rejecting support levels. There is also no major news tomorrow, and profit taking on local resistance, profit taking in the daily ATR range. Buy/sell indicator confirmed, 2% risk, 1:1 risk ratio
AUDCAD has completed the ABCD reversal pattern, a bearish divergence has formed, waiting for breakout of HL for a trend reversal. Therefore, a sell stop placed just below the previous HL.
Technical Analysis: Silver has failed to break above key resistance levels multiple times, indicating a lack of bullish momentum. Market Sentiment: There's growing uncertainty surrounding global economic recovery, with concerns about inflation easing and a potential interest rate hike. This could dampen demand for silver as a safe-haven asset. Dollar Strength:...
The Aussie (AUD/USD) is reacting off the pivot and could potential fall to the 1st support. Pivot: 0.65803 1st Support: 0.65279 1st Resistance: 0.66392 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so...
HDFCBANK is one of the most popular stock in nifty50. After long time see movement in this stock but its indicate bearish. Draw two zone for trade in this stock. First demand zone and next support zone. If you have found price in demand zone you can trade for short time and short target and if in support zone than trade for long time and minimum 10% movement.