#GBPCHF (Harmonics, 200sma) Analysis: 1. 200 sma on higher time frame (daily) is close to the zone 2. Possible harmonic pattern forming 3. Previous supply zone Trade Execution: 1. Have just one order. Wait for the confirmation in the zone 2. Target 1:1 R/R ratio News/Fundamentals: 27 April: 10:00am GBP CBI Industrial Order Expectations 28 April:...
In this week's Weekly Markets Analysis I'm covering $AUDCAD which worked quite nicely lately with harmonic patterns. After successful Cypher and Bat pattern, will the next two patterns also score? Interesting harmonics analysis in this week's newsletter: Check out the complete analysis on this week's newsletters - marketzone.tumblr.com Subscribe to the Weekly...
@TradeYodha (TradeYodha.com) #AUDCAD Short Possible Cypher Pattern(Fib, structure, Harmonics) 1. Cypher Pattern 2. Previous Structure 3. Harmonic Move 4. 50SMA can act as support and push the price upwards to reach the zone I would love to hear your opinion, feel free to agree or disagree in your comments.
#GBPAUD Daily Long Idea (Structure, Fib, Harmonics, 3Drives) @TradeYodha TradeYodha.com GBPAUD Long Counter Trend Opportunity 1. daily harmonic pattern confluence 2. structure confluence with 61.8 retracement level 3. 4 hour 3 drives pattern confluence 4. 50 SMA is very close 5. several spikes in 61.8 region indicate high demand there Hope this give you some...
This chart is a good example of what we do in the Elite Zone. So far, we have about 500 pips just in $GBPNZD harmonic trades. AB=CD pattern on the long side and Gartley on the short side. If you like what you see and you want to know more about harmonics, try the Elite Zone WWW.THEMARKETZONE.NET
Student of Harmonic trades. This one worked very nicely, and very quickly thanks to news on SNB dumping the EUR. Conservative TPs. Move SL to BE once TP1 is hit, to TP1 once TP2 is hit. Please share your Exit strategy on Harmonic trades. Thank you.
The last time I looked at this stock I had a bullish Bat Pattern on my radar, which resulted in a move back up to previous structure before continuing short. That movement down ended up being the 3rd drive in a bullish 3 Drives pattern (in yellow) and what I would expect is a minimal move back up to previous structure (orange arrows). Typically when traders look...
Price is approaching 78.6% Fibo and it forms harmonic pattern. Price already reacted at the level of 0.8700. Risky trade against the main trend. Trade carefully!
The current technical analysis of the EUR-CAD currency trading pair reveals an DECREASING trend that has been shaping from last few hours. However, there is also an indication of BULLISH divergence and presence of Bullish AB=CD HARMONIC pattern suggesting that the bearish momentum of EUR-CAD may be losing its momentum. Looking at the charts, we can see that the...
BITCOIN (BTC) started to move in a bullish direction after a noticeable downfall. However, there is a big resistance zone which can stop BTC to move further in a Bullish Direction. Therefore, this trading idea is designed to capture the reversal trend using Harmonic Pattern Technique. Bearish Butterfly Harmonic Pattern is forming on one hour time frame and it is...
This trading idea is designed to capture the reversal trend using Harmonic Pattern Technique. CARDANO ( ADA ) is moving in a Bullish direction and is expected to take reversal from Potential Reversal Zone (PRZ) shown in the chart. Bearish Butterfly Harmonic Pattern is used to identify the projection from its current price whereas Long Trade Setup is given to grab...
This trading idea is designed to capture the reversal trend using Harmonic Pattern Technique. BITCOIN (BTC) is moving in a Bullish direction and is expected to take reversal from Potential Reversal Zone (PRZ) shown in the chart. Bearish AB= CD Harmonic Pattern is used to identify the projection from its current price whereas Long Trade Setup is given to grab the...
Hello traders, USDCAD is presenting a potential bullish opportunity as we have a strong demand zone where the market previously rallied by more than 400 pips. Additionally, we have a bullish harmonic Bat pattern that completes near the zone, and we are also at the FIB golden level of 61.8. To trade this setup, we can look for a buy entry at the completion of the...
We have observed Bullish Harmonic Reversal Pattern and we are taking sell-stop entry if the price breaks down from point B. We will take another entry of buy stop if the trend reverses from point D which is also a Potential reversal Zone (PRZ) after the confirmation of bullish divergence on RSI and new trend formation with HH and HLs .
OANDA:XAUUSD Hi trader's .. i Hope you all are winning good profit from ,market and if not than no worry i am available for you help and assistance As you can see perfect Harmonic pattern visible on chart it's a bearish butterfly pattern , after completion of D leg market gives an 61.8 % retracement Our target fully Hit , it's a 70 % accurate pattern , I...
Welcome traders! Today we'll be looking at the EURUSD pair and a possible Sell opportunity. We have a bearish harmonic Cypher pattern at the entry, which could provide a good risk-to-reward ratio but not as good as the second place which is at a strong supply zone. Looking at the chart, we can see a bearish Cypher pattern forming on the 4-hour timeframe, with...
Hello traders The EURAUD has been trading near a strong daily resistance level, which has been previously respected as a supply zone. Additionally, we can see a bearish harmonic Bat pattern forming on the chart, adding further confluence to the sell setup. To trade this setup, we will wait for a bearish confirmation such as a bearish engulfing pattern or a...
BINANCE:ALGOUSDT Bearish version done, Now it is time to wait for open Bullish version. Specific support & resistance level is about 0.25 With quant analysis and Adwiser support we will be ready to open long by using price action signal indeed. Good Luck Everyone