We are currently trading the 4th leg of possible bat that is forming on the 4 hr chart. We are predicting the harmonic bat pattern will be completed and a recent break of the yellow trend line has given the pattern and our strategy confirmation. Our strategy for USOIL depends on price action not breaking the bottom red support zone. TVC:USOIL
In addition to our AB=CD harmonic pattern analysis we are seeing the formation of a Crab pattern as well. As a fallback strategy, if the resistance zone on the previous chart is broken then we are predicting the harmonic crab pattern to be completed before price falls to the targeted zones. We will post more updates as we see how the strategy plays out. FX:EURAUD
Price action has completed an ab=cd pattern, at a strong resistance zone, on the 1 hr chart for this pair. The completion of the ab=cd pattern is a bearish signal therefore we took a short position with take profits set on the green zones. FX:EURAUD
We are trading 4th leg of the predicted butterfly pattern which is also at major support zone. We are predicting price action to bounce from here to complete the pattern. FX:GBPNZD
We are currently trading the 4th leg of possible bat pattern that is forming on the 4 hr chart. We are predicting the harmonic pattern will be completed and a recent break of the yellow trend line has given the pattern and our strategy confirmation. FX:GBPJPY
The pair has held at a major support zone and recently broke above a major downward trend line (yellow). We are predicting an upward trend from this point and we are currently long with take profit set at the green zones. FX:GBPJPY
We are currently trading the 4th leg of possible bat that is forming on the 4 hr chart. We are predicting the harmonic bat pattern will be completed and a recent break of the yellow trend line has given the pattern and our strategy confirmation. FX:AUDJPY
We are currently trading the 4th leg of a Gartley Pattern that is forming on the 1 hr chart. We are predicting the harmonic pattern will be completed on the condition that the red resistance zone is not broken. TVC:USOIL
This pair recently bounced off a major support zone and price action has recently broken below a major trend line trend line (yellow) as well. This trend line has become a support zone as well. We also see the formation of a harmonic Bat Pattern and we predict it will be completed. These are all bullish technicals and our strategy is to trade the 4th leg of the...
We see price action consolidating into a falling wedge pattern, which is also a reversal patter. Price is at a crucial zone because it is at a major weekly support zone and also at the bottom of the wedge. Therefore, we are predicting a reversal from this zone.
We are predicting that this harmonic bat pattern shown on the 1 hr chart will be completed. Price action is showing a downward trend giving the pattern confirmation. Our strategy is to trade the 4th leg of the pattern and we will post updated with targets. FX:EURAUD
We see the formation of a harmonic shark and butterfly pattern on the 1 hr chart. Both of these harmonic patterns are bullish indicators. Therefore, our strategy is to trade and target the 4th legs of these formations. FX:GBPUSD
We are currently trading the 4th leg of possible bat that is forming on the 4 hr chart. We are predicting the Harmonic Bat Pattern will be completed and a recent break of the yellow trend line has given the pattern and our strategy confirmation. FX:AUDJPY
We are predicting the bearish Bat Pattern to complete as shown on the daily chart. Price action is showing a downward trend giving the pattern confirmation. We still have an open short position which we will close at the completion of the predicted pattern. FX:USDCHF
Here is an updated chart on showing the predicted bat pattern harmonic pattern on the 1 hr chart. Price action continues to move as predicted and a recent break of the yellow trend line has given our strategy confirmation. Although, We are looking to see if price action will retest the trend before reaching our target. FX:EURNZD
We see the formation of a harmonic bat pattern (purple) and the completion of an ab=cd pattern (blue) on the 4 hr chart. The completion of the ab=cd pattern signaled the end of the downward trend and the start of a move to the upside. Price action is now moving in a bat pattern and our strategy is to trade the 4th leg of the pattern. Price action has already...
We have resumed trading crude oil and in our most recent analysis we see the formation and completion a ab=cd harmonic pattern on the 4 hr chart. Price action has also reached a major support zone at the completion of this pattern. These bullish technical indications signaled us to take a long position; which has already started moving in our direction. TVC:USOIL
We are predicting the bearish Bat Pattern to complete as shown on the 1 hr chart. Price action is showing a downward trend giving the pattern confirmation. Our strategy is to trade the 4th leg of the pattern and we will post updated with targets.