Here on the Pound Yen we have a Nice Gartley Pattern that is formed. The PRZ has been tested and now we are waiting for entry.
*** Insert Personal aside here>>> Now, Harmonics gets a lot of slack from the trading community for various reasons, but i still think @ScottCarney is one of the greatest Market Technicians still alive. He was able to study previous...
8K CRACKED TODAY!
We are ABOVE Target1 and looking at Target2@10k for MINIMUM REACTION on this move while monitoring HSI and AmpRSI out of the PRZ.
Please review prior post as this POTENTIAL REVERSAL ZONE (PRZ) is the 2nd Bullish Bat on the weekly.
ALTS ARE ROCKIN' TOO!
This is not to be ignored!
HODLers Class 2018 are about to get their money back...
Here we have US Oil creating a bearish Bat pattern. Its a Really nice pattern to consider. a good entry point would be the 127 XA Projection. I say that becasue there are a weeks worth Piviot Points lined up at that price point.
BTC has completed a 222 pattern. the prz has been tested and i would say if the current candle closes bullish might be a good spot to buy. Scott Carney Just posted a silimiar pattern which prompted me to look at it too just to see if i can see the patterns through his eye and this is what i found
EJ is in a nice spot right now for pattern traders. Currently what we have is two patterns available to trade. The one shown is a bearish butterfly. the BC Leg Projection of 1618 and XA 127 retrace line up perfectly. wait for the pattern to test the PRZ before entry.
***This is an online journal entry.***. As previous entries on my profile i am still learning how to be a Harmonic Trader. I am not a big fan of the crab patterns as they extend quite a bit past the XA leg. Originaly when i started trading patterns I admit i ignored the importance of the AB=CD. But, after reading the Books written by Scott Carney the back bone of...
We have previously caught some decent swings on this pair! Make sure you check the related ideas below.
We have a Double Bottom formation on the daily timeframe.
The 113% expansion is crucial in a Harmonic Shark Pattern or the Harmonic 5-0 Pattern. Considering the 113% expansion, this set-up could potentially be leading to a bearish shark or bullish 5-0 pattern...