I outlined the harmonic resistance in the 8k area. The AB=CD completed at 7600 while the Bearish Three Drives at 8250. The market topped last week just shy of 8k - 7880 exactly. Despite the fact that the Bearish Three Drives fell just shy, this recent peak IS an important inflection point that will lead to a larger correction. As I said in my prior post, a...
Hey guys, this is an advanced pattern formation that's about to complete on the 4hr chart. The D point of this Bat lies right into a key level of daily support and this gives us more confidence about this trade. Stops below X, targets as usual in harmonics. If you want to share your view, or ask questions, feel free to comment below. Otherwise, see you in the next chart!
Hi guys, today i want to share with you a simple harmonic pattern that's about to complete on GBPNZD. I'm really interested in this formation for it's completing right at a structure level that i've drawn on the daily chart and so we have an additional confirmation. Stops above X, targets as usual for harmonic patterns. If you want to share your thoughts or...
Hello Traders, Hope everyone had a profitable week. Here is something to start your next week. I have spotted Bullish Cypher Pattern. Cypher patterns provide little less risk/reward compared to other harmonic patterns but the same time, it has provided me with more winners than other harmonic patterns. Trade: Entry: 0.6992 Stop: 0.6972 Target1:...
Bullish Bat has been discovered on the Hourly-Chart. Actionable currently. Used RSI to anchor down Harmonic.
Take profit area for BTCUSDT.P Chart (Binance Chart). The pattern identification for this is gartley pattern under harmonics. Remember to tyor and dyor. Happy trading. God Bless!
Possible Bat harmonic on the short term timeframes. Buy target 35400 with tight SL. Targets are B C and A.
Sharing this idea as a reference to my primary HTF view - the chart was going to be too messy otherwise. I don't have much experience in trading harmonics at all, but often I keep an eye on them as they respect fibs levels I trade a lot. Also, maybe just a personal observation, but when i find it more difficult to trade, and it takes ages for the price to move...
There is a bullish Butterfly Harmonic pattern forming on US30 with strong support, making it a favourable long setup.
Hello Traders, and welcome to TCPLTP! Today, we are examining a promising trading opportunity with the EUR/NZD pair. Let's delve into the specifics. To understand the potential of this opportunity, let's first unpack the AB=CD pattern. This pattern is a popular harmonic sequence in the trading sphere, noted for its symmetrical price legs. Currently, the EUR/NZD...
Hello, fellow traders! Let's take a look at GBPUSD, which is currently presenting an interesting trading opportunity. GBPUSD has formed an advanced harmonic Gartley bullish pattern on its hourly chart. This pattern suggests a potential bullish reversal in the pair's price action. The Gartley pattern is a harmonic trading pattern that helps traders identify...
Consumer Credit has recently risen to over $1 Trillion and this rise happens to align with a 2.618 Fibonacci Extension and the PCZ of a Bearish ABCD. If we view this based on the expectations of Harmonics and Fibonacci, we would expect that this is indeed the top and that we will now begin a retrace back down to trend, which could likely land us between the 50%...
EURCAD has formed an advancve harmonics pattern Chypher Bullish on its daily chart. The price is trading below near the long entry level EL: 1.43684. ST: 1.43045 Targets: 23% CD: 1.45138 38% CD: 1.46409 62% CD: 1.48496 79% CD: 1.49947
The bearish setup on EURUSD is looking promising as price action reveals a potential trend reversal. A harmonic pattern, specifically the completion of the leg CD of a bearish bat pattern, indicates a high probability of a downward move. Moreover, a bearish engulfing candlestick pattern formed recently, reflecting increased selling pressure. Adding to the bearish...
CADJPY has formed an advance harmonica pattern on its hourly chart. The price is trading above the EL: 99.048. ST: 98.305 Wall: 38% XA: 100.386 Targets: 62% XA: 101.506 79% XA: 102.317 127% XA: 104.607 162% XA: 106.232
EURJPY displays a bearish harmonic. Downside targets have been calculated and are shown on Chart. Enjoy!
BITGET:AUDIOUSDT.P As drew in the chart, Two harmonic crossing at libra level. Actually the first reaction is done but recheck or fib corrections may give a chance to open position by taking into account the price action signals. May the force be with you. Good Luck!
The price action has created a harmonic reversal pattern, and it is expected that the price will retrace from the potential reversal zone (PRZ). Sellers will remain in control below the PRZ. Before forming the harmonic pattern, a bullish divergence was observed at the RSI indicator. SL & TP Levels are defined.