A bearish-type BlackSwan pattern. Short after seeing the rebound. *Harmonic patterns are automatically detected using the indicators below. - Harmonic auto-detect PRO
And the RSI overbought... waiting for the harmonic pattern to fully complete so I will go short.
At weekly chart we are in still in the 3rd wave correction At the daily chart we reached the 5th wave in the correction with RSI divergence which adds confluence on the correction A harmonic pattern sits on the OB Volume is decreasing in green candles
A bullish-type Bat pattern occurred within the support zone of 1.3270-1.3340. If the price drops to 1.29685, a bullish-type Crab pattern could occur. Long after seeing the rebound. *Harmonic patterns and support/resistance zones are automatically detected using the indicators below. - Harmonic auto-detect PRO - Support/Resistance Zone Auto PRO
Bitcoin forming a bearish butterfly. Retrace to C anchor lands on the .618 fib. Completion of harmonic targets highlight. C anchor will create daily bullish divergence on the macd. I expected the bearish harmonic to morph into a bullish 5-0 esk pattern for continuation of this bear market bull rally. If it doesn't morph, expect new lows.
This is an early technical analysis on gold. Please note that I did not get bear confirmation yet. However I see trend getting weaking near resistance zones. Probably time for liquidity hunt before resume trend. Very quite week in financial calendar which must favors bears. Of course expect a bullish close in Monthly. Let me explain the method I used to fine...
Analysis of #USDJPY Hi traders, today we will have a look at #USDJPY looking at the chart you can see the USDJPY is in a downtrend, of course still the market has not yet tested the structural support level near 126.00 usually, the market will test the low before starting to reverse, and right now I can see the market moving down to test 126.00 structured...
Analysis of #AUDJPY Hi traders, today we will have a look at #AUDJPY As you probably know that all AUDJPY is very strong today due to strong fundamental news overnight, Looking at the chart you can see in the market is going up to test the daily structural resistance zone near 93.00, previously when the market was here at this level it dropped...
If this reverses here, then Bullish Butterfly COINBASE:BTCUSD
Analysis of #EURAUD Hi traders, today we will have a look at #EURAUD As you can see if you look at my chart I have highlighted for you two important zones one being the supply zone on which is posted an idea before, you can check the link below this idea in fact the previous idea moved as I expected but it did not provide any reason to enter and It moved...
Analysis of #GBPAUD Hi traders, today we will have a look at #GBPAUD as you can see we have the market dropping down to test the lows near 1.7500, currently the market is at the resistance zone, if you look at the left side of the chart you can see there are multiple levels of resistance in this area so I expect the market to test the lowes, we have 2...
Analysis of #EURAUD Hi traders, today we will have a look at #EURAUD looking at this market as you can see we have the market near a strong structure resistance level and key market level at 1.5600. right now I am not doing anything I set my alert and I am just waiting for the market to provide a reason to get in, such as a reversal pattern like a double...
Analysis of #EURJPY Hi traders, today we will have a look at #EURJPY this is a simple idea I posted similar setups a couple of times before on this pair, you can check the link below, and again the market is so generous and wants to give us another opportunity to get in a very good sell setup right now I am waiting for the market to push up and test the...
Analysis of #GBPUSD Hi traders, today we will have a look at #GBPUSD the market here tested its structure resistance level and started to move down, as you can see we witnessed a very strong bearish reaction near 1.2440. if the market will come and retest the structure resistance, I suspect we will see another bearish reaction which will be a good...
Analysis of #EURUSD Hi traders, today we will have a look at #EURUSD as you can see here looking at the chart we have the EURUSD tested trendline resistance and started to go down. the market right now is out of momentum and there is no reason for the euro to keep going up, although the trend direction is to the upside it's better to look for buy entries...
Analysis of #AUDJPY Hi traders, today we will have a look at #AUDJPY Looking at the chart you can see we have the market respecting the trend line resistance and the trend line support As of now the market successfully tested the trend line support and moved higher if you go to the 15-minute chart you will see how the market formed to beautiful double...
Analysis of #GBPAUD Hi traders, today we will have a look at #GBPAUD Similar to my idea on the euraud, here we have another strong supply zone at the gbpaud 4-hour chart, also a strong key market level of 1.7900, As you can see the market tested this zone and showed a bearish reaction which was expected, right now i am waiting for the market to retest this...
Analysis of #EURUSD Hi traders, today we will have a look at #EURAUD looking at the chat you can see we have two zones, a supply zone and a demand zone, right now the market tested the supply zone and showed a bearish reaction which is something I was waiting for, but unfortunately the market extend lower, right now I am waiting for a confirmation...