US500, I believe it's about to fall again with this beautiful pattern fomation.
There are no many words I can say about this huge opportunity, that we are seen here on Dow Jones. I like to keep things simple, so I can't mix up the things, okay let's go to what I think it's going to happen here on this instrument. 1. There is a strong resistance inside of the Potential Reversal Zone(PRZ), that making this pattern even strong, and give more...
This is a great opportunity to sell this pair, the price it's now getting inside the PRZ to start the test of it. We also have a strong resistance level quite above the PRZ, providing to the pattern more resistance facing the price. So the rules remain simple: 1. Pattern Completion - Done; 2. PRZ hit - Done; 3. Test of the PRZ - Waiting; 4....
The price's already testing the PRZ, you just have to wait for the reversal sign and a confirmation sign of candlestick pattern, this a strong pattern because of the support line quite below the PRZ.
You have to pay attention to this edge because it's about to be a great opportunity to get long on Pound Dollar, the price should fulfil the pattern at 1.618 and also should test the historic support horizontal line there, these two combinations are really strong to deny the price to continue the downtrend and start following the new direction to the upside. -...
The Uptrend has been tested so many times and the price could not cross over it, that shows a strong bullish strength and the possibility of the price break this resistance. If the price breaks it, you should wait for a retest and then a continuation. Also, you should now that the inverse here is truth, that means the price can start a downtrend too. But let's...
The Bat it's forming over the correction movement, I formally believe that the price it's going to test the support line quite under of the PRZ of the Bat pattern and then it will rise again. Basically the price it's on a sideway trend since April 20 until now. Rules: 1. Pattern Completion: Progressing; 2. Candlestick Reversal Sign - Waiting; 3. PRZ Test -...
What I like about Dollar Yen, it's a pair that provide us strong opportunities whether it's downtrend or uptrend it doesn't matter the trend, and it's really difficult to make a sideway trend, that's my humble and experienced opinion. Let's go to the analyse: The possibility of a reversal trend it's high because of the many confluence points almost in the same...
This Gartley has a strong possibility to work because it is on the top of a big bullish trend, and the price it's already showing the overbought moment it's happening, here it just a matter of waiting to see what's going to happen here. Notice that the initial resistance level where the price it's testing right now can also work, but let's really wait for the...
The Price already tested the PRZ and it's showing a possible reversal of the trend, but let's follow the rules/ 1. Pattern Completion - Done; 2. PRZ Tested - Done; 3. Reversal Sing - Done; 4. Confirmation Sign - Done; 5 Risk Management and Risk Reward(1-3): 1. Stop Limit: 1.05031; 2. Target One: 1.05642 3. Target Two: 1.5831 Trade it now.
The Support Zone it's being tested and it's rejecting the Price, it's may occur a great opportunity to buy the Swiss Yen. This Setup's quite different from Harmonics let's set the rules. 1. Wait for the to price cross the support zone; 2. Wait for confirmation of price action, that's mean Candlestick pattern; 3. Trace your properly risk/Reward; 4. Trade it.
The Gartley it's almost complete, and it's being formed so well. Sometimes the short the PRZ the stronger it is, and with this confusion that we have seen in the market, we should pay attention and be careful with it, because as we know everything in the market can happen and I know that by experience. You better have a nice Trading Plan and Risk Management so you...
This the price it's testing right now the PRZ and forming a possible reversal sign of candlestick, be sure before you trade it, because anything can happen here. 1. Wait until the PRZ it's fully tested by the price; 2. Wait for proper reversal sign of candlestick pattern; 3. Wait for a real confirmation sign; 4. Find the proper risk/reward; 5. Trade it if you are...
The Deep Bearish Crab it's being formed over the correction movement, I believe this going to work as a continuation pattern. The structure is not fully perfect, because the B point is not 88.6 completed it' went near it. Nevertheless it's still be a great pattern with a big r/R.
The Shark it still in formation, CD leg it's 95% completed. 1. Pattern Completion - 95%; 2. PRZ Hit - Waiting; 3. Candlestick pattern signal of reverse - Waiting; 4. Candlesticks confirmation sign - Waiting; 5. Trigger - Waiting.
The Dollar Swiss it's on an uptrend, so all the structure that I spot it's about to work I believe as a correction, so then this give to us some keys points. 1. Elliot Waves to be completed; 2. The Harmonic Pattern it's on 70% on it's completion; 3. We have this support zone; Explaining it: - All of this structure are closely in the same area that I believe the...
Why am considering this pattern as Extended because of the extended B point and the resistance level and the previous double top that I believe it's about to be tested by the price soon. So the rules are the same. 1. waiting for the structure to be completed; 2. Waiting for candlestick sign as a reversal; 3. waiting for confirmation sign of candlestick...
I believe this harmonic pattern it's going to work as a correction movement so the trend keep going in the right direction. These are the key points: 1. Resistance zone; 2. The Down trendline that has to be tested; 3. Elliot Waves Structure; 4. Harmonic Pattern and it's The PRZ; 5. This combination of key points are give to us a nice view of what is about to...