For those that know me, you know I love a harmonic pattern. Here is a potential set up for gold shorting. If it turns round from here then I will trade to D, and then trade the pattern as per this picture. If it breaks the price on the close of day candle then I will delete this bat I understand that this is a scary picture. But if you go and look at the DXY you...
I see an ascending butterfly pattern in this chart, this currency can grow significantly, I also analyzed it based on Fibonacci and it seems that it can surprise me.
I see an ascending butterfly pattern in this chart, it is likely to have significant growth. I see an ascending butterfly pattern in this chart, it is likely to have significant growth.
Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 A quick masterclass video today on bullish and bearish Harmonic Bat Patterns. How to use them, how to determine the...
USDJPY has completed a bullish gartley on the 4hr/ 1hr chart. Possible double bottom on the 1 hr chart at previous structure for a second chance entry
Possible short setup with a completion of a bearish gartley at previous daily structure. Could be a good entry point for a possible reversal.
USDCHF was trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle. Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher. If the breakout sustain to upside the optimum target...
Hello traders, I would like to do detailed technical analysis of GBP/USD currency pair and the potential presence of a bearish crab pattern. The bearish crab pattern is a harmonic chart pattern used by traders to identify potential reversal (correction) points in the market. Let's examine the key aspects of this pattern in GBP/USD, including the retracement levels...
In 4 HTF, Relaince heading towards 0.886 level reversal( Bat Pattern)
The Dow Jones is trading in a downward direction, approaching a demand area, and upon arrival, the harmonic (penny) pattern will be completed, and we will open a buy deal upon the appearance of a Price Action candle.
Gold is forming another triangle now in lower time frame chart e.g 1hour chart etc. So probably last leg to complete wave A (yellow).
The MLQP is at hand, will the bears continue to push dollar beneath MLQP but remain in the hesitation zone and reverse at the PRZ? Only one way to find out
GBPUSD is still on the downtrend with the bears not backing out anytime soon. However, there seems to be a change in trend as the pound creates a higher low. Question is, will that support hold and be enough for the bulls to change the course of trend towards the LQP and reach the D point of the Shark Pattern?
We saw a bearish Cypher play out on the higher time frames for BTC. About 500 points away from a perfect 786 touch but, this is still valid. The smaller Butterfly played out. Thank you
Is it time for BTC to go down? Is this the start of a possible 5th wave? This is only one possible TA for short, although there are many arguments and the possibility that BTC is still going up. But currently the risk reward is so good that this trade looks very attractive. The analysis was made with Fibonacci, Elliot waves and harmonic patterns. Currently BTC...
Our uptrend line is reserved for the time being. In the daily time frame, the crab pattern has appeared for us, which overlaps with the negative divergence of the RSI in the same time frame. This pattern is a reversal of the trend. If the upward trend line is broken and the range of $1,383 is consumed, the possibility of a corrective trend will be strengthened up...
buy near 300 for huge target as mentioned....it is in the uptrend. harmonic pattern
Hi Traders! Medium and Long-Term Trends are bullish, but in short term SP500 could remain bearish even after a pullback. If we look at daily chart, the Price Action is approaching an important support area around 4,305, if from here it triggers a bullish leg, it's possible a harmonic structure formation (for us, bearish). Having said that, we have a first Target...