DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
GENERAL ELECTRIC COMPANY, SPDR S&P 500, ADVANCED MICRO DEVICES, INC., SPDR SELECT SECTOR FUND - FINANCIAL, INVESCO QQQ TRUST, SERIES 1, ISHARES MSCI EMERGING INDEX FUND
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Harmonic complete. targets are fibs like usual.
The Bullish AB=CD pattern has completed and price is finding support at the "Fibonacci Support Cluster 2" on my chart.
RSI is oversold and turning up.
Also, we have hit the bottom trend line of the descending channel where we may have found support.
In case you are wondering, I erased the "Fibonacci Support Cluster 1" because it is no longer relevant. ...
The harmonic has completed and RSI is overbought.
Also, price is running into fibonacci resistance where there is nice fib confluence.
Time to go short.
This is a continuation of my analysis on the STEEMBTC pair on the 120 minute timeframe. Please see below for previous analysis on this pair.
After Looking at the STEEM/BTC pair I realized I was too premature in my entry last night and should have been more patient and waited for ...
I have been waiting for this Gartley to complete for quite sometime and it finally has. The fibonacci levels on the AUDUSD pair are optimal and this is a beautiful Gartley!
This, with RSI in overbought territories, gives us a nice case to take out a short position.
Targets are shown on my chart.
After the harmonic pattern has completed at the 1.618 retracement and RSI oversold we are looking for a Type 1 reaction to target 1.
RSI is extremely oversold and the harmonic has almost completed.
It looks like we got in the previous trade too early and should have waited for price to test the 1.127 extension: please see my previous chart below.
I am looking for a reversal here at around 1.272 fib extension.
RSI looks oversold and could be turning ...
After price retested the PRZ and support held I have re entered my long position.
I am looking for a Type 2 reaction here.
Looks like a nice triple bottom as formed too.
Stop Loss: 0.00305
Target 1: 0.0049
Target 2: 0.0059
After price retested the PRZ and price held, combined with the possible triple bottom, I have taken a long position on the ETC/BTC pair, 120 minute timeframe on the Poloniex exchange.
I expect to see a Type 2 harmonic reaction here.
After price retested the PRZ and support held it looks like a Type 2 reaction.
The harmonic pattern has completed. A double bottom has formed and RSI is oversold and turning up. All targets are shown on my chart.
The harmonic pattern has completed and price has consolidated nicely in this range.
It appears a triple bottom may have formed which is another case to go long.
A triangle has formed and is coming to an end soon so there is bound to be some moves soon in either direction.
All targets, entry, and and stop loss are shown on the chart.
The harmonic pattern is complete and price action looks bullish in the PRZ. With RSI in the oversold area this is a buy signal to me.
Harmonic complete at the 1.272 fib
RSI overbought and the harmonic completed right at resistance. Great risk to reward ratio on this one with a tight SL.
Targets are the three fibs.