1.4550 round number and open price of 2019 Trend Line resistance 78,6 Fib retracement 168,5 fib extension
Possible Bullish Cypher on USD/CHF (for me the the most annoying pair) Cypher Harmonic Pattern AB=CD movement 161,8% fib extension 50% fib retracement level On the day chart price is approaching the 200 EMA EUR/USD negative correlation with USD/CHF is approaching the 1.1450 price, we can expect a pull back to.
EURJPY H1 chart formed bearish bat XABCD harmonic pattern, and the price is at a resistance zone. The RSI looks like overbought, so don't think it can break this resistance.
Hi Guys, below I will post the link to XABCD made by GOLD but upside down. US dollar, JPY and Gold have strong correlations. These correlations makes GOLD move one way and USD/JPY the opposite. Thank you for your support and for sharing your ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The...
Swire Pacific is the holding company for a HK property developer, Cathay Pacific the airline and Swire Offshore amongst other things. Since its last results announcement, HK property prices, the Chinese economy and oil prices have all cratered. Not exactly a rosy picture for the grand old Hong. Price action is potentially completing a Gartley pattern into a...
Potential xABCD formation at c.$154 which also happens to be the 78.6% retracement level of the XA leg. If we extrapolate an ABCD down, the downside projection would be c.$106 which coincides with the 2012 uptrend line. If you like MA crosses, CRM is in the throes of a death cross.
nzd/usd has created a past falling wedge pattern which shot up in price. Price than went to create a double bottom which I'm hoping will touch resistance and start to decelerate. XABCD pattern has been places to show where price might fall back from.
I don't trade this pair, but I trade EUR/TRY and this is same. XABCD bullish bat pattern forming on the chart, and its oversold, so there's a nice entry for long positions.
XABCD pattern forming bullish bat on the chart, and the RSI shows us its oversold. Maybe the price will drop more to 6.07, then Euro strengthening against Turkish Lira.
#BTC On the 12-hour scale, the market has been oversold for several days already; the Stoch RSI can bounce and move up. The formation of the XABCD pattern is also seen, which may lead the price to the area 3466 corresponding to the level of Fib 0.786, which, as a rule, is often reversal and then we should expect a rebound. Globally, the market is now very...
Hi guys, this is my first published idea, so please be nice :) I think there is a nice XABCD pattern on the ONTETH chart, I am following it for 1 - 2 days and it seems to go right and I wanted to share it with you. I don't know myself very good with writing chart on Trading View, so I hope I've made a good draw and you can see it too. This could be a nice reversal...
First time drawing a XABCD pattern, please give your thoughts in the comments below. As you can see from a - c issnt between 0.382 - 0.886 fibs I don't have experiance with this pattern and haven't set a trade. My goal for this analysis is to learn the pattern and share my thoughts and learning from other exp. XABCD traders. Please comment below!
At the 1-hour timeframe chart it can be seen that a straight Head & Shoulders pattern has been formed and a half of bearish XABCD too. Technical indicators are also bearish: Stoch RSI is going to hit overbought zone, while DMI shows low, while moving averages suggest a further reverse. We recommend to fix profit from this bounce around 0.00000128 and rebuy again...