Daily chart is forming a bearish Anti Gartley Buy/Sell opportunity Pending sell Option EOD at potential reversal zone D
Hi Traders, There is a decision point here for the market on EURJPY. The blue arrows highlight the structure zone of 113.900 - 114.150. You can see how many times the market has respected this level in the last month. My question is, will the market respect that level again and move up toward 115.200 this week? Or will it break down toward 113.000? Regardless of...
Bullish ABCD PRZ (price reversal zone) + bottom of channel
Hey Traders! Here are a few levels to look for to short this pair. The first level I'll be looking for is break out of the rising wedge. A close below the bottom of the wedge will likely mean further price action toward the target zone. If no breakout occurs, I'll be looking for rejection at the Gartley PRZ, then the deep crab if the bullish pullback is strong...
Good Morning Traders! AUDNZD has completed a beautiful Gartley pattern on the 4H chart. The PRZ is tight, with confluence between AB=CD, .786XA and 1.13BC extension. The weekly pivot is precisely confluent with the .382CD retracement and provides a great target. It is smart to put stops beyond XA on these patterns. Happy Trading!
EURUSD broke below the rising trendline from December last year and now its approaching to it for a potential retest and continuation to the downside. I like the AB=CD completing at the same place that the 1.27 ext, just a bit higher than our psychological number of 1.1300. Will keep an eye on it for a entry technique in a lower that fit into my trading plan in...
Hey Traders! NZDUSD has entered the potential reversal zone of two confluent harmonic patterns. This zone is supported by additional long-term trend line support to add to bullish bias. Stops can be placed below Cypher point X with targets at .382, .500, and .618 CD fib retracements. Happy trading!
Gbpusd Possible Time and Price Reversal Zone
Here's another Wolfe Wave setup traders! Potential reversal at daily S/R zone and weekly TL support. Pay close attention to price action around the trendlines before entering long. SL Below lows with target at the .618 fib. If support holds and target is achieved, we would also have a double bottom and potential for more bullish movement. If lows are broken...
NZDCAD is forming a tight PRZ at which two potential harmonic patterns are tightly confluent. This area is also confluent with point 5 in an ascending channel and potential point 4 of a descending channel. Also, an AB=CD pattern, inherent to the completion of Gartley's, is confluent in this same area. On the higher TF, this move could mark the continuation...
The first chance is a simple test of previous support, turned resistance, target recent major support. The second chance shown here may take a while to develop. It's an harmonic pattern called "Deep Crab", a counter-trend pattern that gives a "potential reversal zone" (PRZ), within which we look to take the counter-trade when price action favors the direction of...
Bearish Gartley 1H also we can take the advantages at other points for long entry: as FIBO + RSI Momentum +fundamental analysis Pattern confirms / suggests a short entry upon completion of the pattern when the point D is confirmed 4 short order..!!!!! Let's see and good luck
A nice Butterfly pattern is trying to get to the finish on 1H EURAUD. Price action is currently testing a support @ 1.53607. If the level gives there are 3 nice levels with previous structure lows to determine an ample Possible Reversal Zone. The possible XA extensions @ 1,27, 1.414 and 1.618 range from 1.52970 to 1.52125. What is interesting is that the support...
A nice potential Butterfly pattern forming on the 15M chart of AUDUSD, I´m on a short position on structure retest along the finish of the CD leg. The first potential PRZ @ the 1.27 extension of the XA leg and the second limit @ the 1.618 extension at previous structure lower low. Targets will be based on the RZ.
I show three harmonic patterns currently in play for BTCUSD - Bullish Crab, Bullish Gartley, and Bullish Deep Crab. Both of the Crab Patterns have yet to complete (reach point D). The Gartley has completed D and tested every point of its PRZ (enter on test of bottom of PRZ), so we await to see if one, or both, of its targets will be hit (as the Gartley stop-loss...
smaller bullish ABCD(PINK) PRZ zone which coincides with the very large Crab (GREEN)