The structure shows price in a correction, meaning there is one more push upward. But considering the levels of support, if the first is broken. I'm selling to the next one, then move to BE. If the second one is broken, my target should be the next fibbonaci expansion level. In case the second level isn't broken, I'll consider some longs. Just an idea, not a...
I am not in the trade, I'm just monitoring it. A break and retest of the support level 0.759 black trend, crossing X & A of the Harmonic Pattern, I might consider shorting this pair " FX:AUDCHF " until the "TAKE PROFIT" levels I'm pointing out on my chart. The Harmonic Pattern should be invalid if the wedge is broken upwards. If that's the case and the ...
A breakout of the pink level is a buy to the red dotted trendline . If it breaks the black uptrend it's sitting on now, that's selling to 81.33
I am thinking more upside, check out my previous analysis. But let's wait if it retraces or the level it's sitting at now is 50 fb level between a monthly swing high and swing low. A break above and we'll meet the down trend a rejection and we'll se the uptrend below. I'm keeping an eye on this one. And you should to :) Just an idea, not a signal !
This is my outlook for EURGBP it should fall down to fill the gap & if price close below the pink trendline that's my cue to sell. That's an idea, not a signal! Compare it with your ideas
I am not in the trade just monitoring it. Just an idea, not a signal.
I'm waiting for the break of the wedge down to confirm my idea & then I'll sell. Else I'm staying off it & monitoring it until price allows it :D This is not a signal, just an idea !
I am not in the trade yet, since thhe pattern has both characteristics, that of a bat and that of a crab. If it's a Bearish Bat, I'll be waiting for thhe break of the blue full trend and my target will be the dotted trend. But, in thhe case of a break above the Resistannce level in blue. I'm expectinnng a Bearish Crab Formation before shorting. Trade with care (...
113.96x is a level to heed. Look for a confirmation of reversal either in RSI, Stoch, MACD or ADX and after the red trend breaks you can buy until 199.62x . If you have any insghts or input I mght have missed please put it in a chart & post it in a comment, PLEASE ! Trade carefully
* Awaiting CONFIRMATION after it breaks the trend in purple to go long in GBPCAD from 1.62xxx to 1.657xxx
Waiting for its completion and a candlestick formation signal confirming the SELL
EURJPY - A possible Bearish Bat in M15 with a Bullish Bat in Daily
I spotted these Harmonic patterns before the big channel started & also inside it, besides A head and shoulder, with X of the yellow pattern as the head of the left Shoulder & C of the red pattern as the head of the Right Shoulder. Keep an eye on it Once the green pattern completes, I'll go long from D to 61.8 fibo of AD ( Red pattern) ... The Green Harmonic is...
The chart will be updated once I make sure of C's reversal point, you'll find it in a comment. I keep an eye on this pair ! The ascending channel broke so we're looking for C, which might be, in the same time, a retest to the descending channel before it goes to D. Keep an eye with me on these levels: 78.383 & 74.270 !! & let me know what you think, please !
Always stay vigilant with this pair ! If there are any updates, I'll share them in comments !
I'm new to Harmonic Patterns. If B Resistance Level is broken I'll long until D & wait for confirmation to Short from there. Your input please ?