After the successful CD Leg descent after failing to retest the stucture high on the last shoulder, this Monolithic Bull Bat pattern may be a possibility. There is also confluence with an ABCD pattern on the cd leg, and RSI is starting to show some bullish divergence.
TRX has found it's floor opportunity to buy at the floor so u can sell at the ceiling, just don't go chase after it's at the ceiling ;-D
1st Profit Target = 38% retrace of AD line 2nd Profit Target = 68% retrace of AD line
I am waiting a good point to open a long position.
$AUDUSD finally broke out of a recent consolidation phase and will complete a bullish shark on the daily TF once price taps the .7500 level. We should see a clear reversal pattern in the form of a double/triple bottom on the lower timeframes (h1/h4) and a break of the CTL will confirm. The swing should bring us back to test the .7750 quarter point. Will reassess...
Entry 78.6 Stops above X Targets 38.2 and 61.8
Entry 88.6% Targets 38.2 and 61.8 Stops above X
Entry 88.6 Stops under X Targets 38.2 and 61.8
Its time to go short as our harmonic trade has happened and we have been successful in it as it has hit our Take Profit Target! Time to reverse and go short!!! GOOD LUCK!
4HR BASED BULLISH SHARK HAS THE POTENTIAL TO FORM IF PRICE SWINGS DOWN AFTER PA COMPLETED THE BEARISH GARTLEY BASED OFF THE DAILY CHART.
Currently long the Pound Bullish Engulfing pattern on the 78.6 Fib Level Nice rejection off the PRZ of Cypher Target @ 38.2 Fib Level of the AD impulse
Here is my first analysis post on Trading View. Harmonic Pattern shown is a completed bearish butterfly Trendlines are valid are show a created channel. Around (D) Point was my PRZ (Price Reversal Zone) as the entry shows. TP 1 is at .382 Fib level TP 2 is at .618 Fib level Once price hits TP 1 bring down Stop Loss into profit to secure the trade doesn't lose...
After the initial drop under 2350 initial target, Bitcoin now setting up a Bearish 5-0 @ the 2550-2600 area. Originally released in my HTVol2 book, the 5-0 is a HARMONIC CONTINUATION PATTERN that represents an excellent zone to enter within the predominant trend. Minimum target for entry is 2300 but 1900 = BullishBat. STAY HARMONIC!
The French Elections drove stocks higher last week. Nasdaq broke above 6000 and SPX is testing its All Time Highs levels again. We have a daily Gartley formation just below 2400. Will it hold? In this bullish market it is going to be a hard task... But with the VIX back below 11 again and SPX near psychological levels with harmonics... short term bearish...
This scenario will work on assumptions stated by the format "if...then..." If the price goes below the red line(4) then hold. THE IDEAL SCENARIO: If the price retraces to the red line(4) then it should go towards the black line(3); If the price goes above the black signal line(3) a buy is initiated. The green line (2) is the most important one because if it's...
The pattern have to conclude the cd leg to be completed we ll see