We are sitting at the monthly support and the 127% fib extension of the previous weekly leg. In addition to significant structure, the daily timeframe closed a bullish harmonics pattern-- with descended fib params. Entry conditions also check out so we are placing buy limits on a deeper retracement or executing shortly. This short term trade (3-10 days) is...
This one is inherently less credible as the higher TF was not strong. However, This has good harmonics on a daily, and with the weak signals from the higher TF the trade is viable. The area of structure at 1.75 could support closing the right head of the upside-down H&S pattern. at that point move to BE quickly and take the loss. RR - 1:2.68
We have 3 pieces of evidence to validate a long position. We have already blown past the last ATH. Most were shorting waiting for a drop yet it continued to go long. This is a solemn reminder that the charts do not give a F!@# about your ideas and expectations. We can o ly collect evidence and make a case for trade. We have tests on previous ATH/Structure & 38%...
My view and thoughts on EURUSD. 4H/daily time frame analysis.
XAUUSD is approaching the upper band of the symmetrial triangle, and it is the 76.4% fibonacci retracement level. The level also happens to be where the swing high is. Harmonics also indicate that it is a good level to sell high. Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section...
Traders, In this analysis I show how market moves in harmonics and how things line up nicely if we just learn to use fibonacci properly. DAX has several opportunities coming in coming weeks and months. Support and motivate me by hitting the like button, subscribing to my channel and sharing this analysis with other traders. Comment below and let me know what you...
Please watch the entire video for a full breakdown as to why price is behaving this way & where it will go next. Price is looking to grab liquidity at 1469 which is exactly where the first bearish channel descends creating a heavy resistance level there. Once those orders have beengrabbed expect price to see a downwave at least into the 1440 Range. Upon mulitiple...
In this video analysis besides video analysis I also give some insights on how to correctly draw Bat & Cypher pattern as well as how to find their key points (legs). Watch the video and prepare yourself for an upcoming week and also add some weapons to your arsenal on how to find harmonics to get several confluence confirmation signals to take an confident action...
USD/CAD has been melting to the downside following the bull's capitulation out of a rising trend from 1.3060s resistance. The following illustrates the bearish bias on the 4-hour chart. The price rallied into a well-respected resistance zone and has been in the hands of the bears since the start of this week. The market left behind a harmonic pattern in the same...
8/11 Market outlook over the DXY compared with the EURUSD The DXY is showing Bullish interest as we continue further into the month. Giving a Bullish Harmonic Pattern indicating price is trying to reverse. EURUSD printed a Bearish Harmonic Pattern last week dropping 150+ pips! Price recently broke to the upside out of a Ascending Channel. We will...
LCID: Time To Rise Again The price went down again in the pattern completion zone after hitting the first target and rising almost +25% Considering that the harmonic pattern proved to be very strong the previous time it is rising the chances that it can push the price up again. 🎥You may watch the video for further details📺 Thank you and Good Luck!
Bitcoin at $100,000!! WHY ??! First because the SEC Approves BITCOIN ETF, and it's an historical News!! This is therefore the door open for an increase and an ATH (All Time High) Second, the bitcoin could make a retracement to the EMA.50 and 200, and thus validate a CRAB (harmonic figure) Third, the ICHIMOKU levels are reacheable to 35 200$$, and then after...
Detection of a bearish harmonic pattern “BAT” in Weekly The 38.2% Fibonacci around $180 is a potential rebound zone. In Daily / I detected a bullish BUTTERFLY which will seek the EMA.200 and 50, as well as the Gap around $242 Caution.
BITCOIN: FLAG + BAT “Flag” detected which would bring the price towards 39 094 then 40 470. CAUTION!!!!! BAT harmonic pattern detected which would first bring the price towards 31 100- 30 400, and a rebound would be possible. To Watch: EMA.50 and EMA.200 + Ichimoku levels.
Hard to believe my long term almost 2 yrs longstanding target has been hit (15429) and price has retuned below and the Harmonic has formed as the crown. Wow, here we are. You can short this to an oblivion now. I do not care what you do, play options, futures, anything.. Short it here.
GBPCAD is a broken-down market and there are eyes on the downside as per the market structure and as explained in the video. Watching for resistance to play in as per harmonic patterns.