elpadrinoo

elpadrinoo

Price on UCAD is forming a textbook head and shoulders pattern . The zone also a confluence , starts where the fair value gap finishes and ends at the 78.6 retracemenr level . After finishing that price correction into that zone and forming the right shoulder we should see a clean sell off for 300 pips . Giving you a 10 to 1 risk to reward ratio

elpadrinoo

Litecoin is currently in a price accumulation and is looking to clear the liquidity areas , fill inbalances and return to these order block areas . I set up the zones for you guys , I’m looking for price to hit the daily bearish order lock first and sell down a couple hundred pips for a nice retracement to the bullish order block zone for a long term swing buy entry

elpadrinoo

EURGBP has broken structure and has formed the classic bearish pattern “head and shoulders . I’m aiming for a swing on this trade for over 100 pips to correct market inbalances

elpadrinoo

Price is forming a textbook harmonic gartley pattern . Be patient and wait for price to hit the reversal zone beginning at the 786 retracement of the X point

elpadrinoo

Price on gold has formed a textbook harmonic bat pattern and price is contracting in the entry zone forming a falling wedge pattern . A breakout and retest of the wedge should give you a cleaner set up for the buy with smaller stop loss to reduce risk and put you in instant profit

elpadrinoo

Litecoin after a few bearish impulsive waves has formed a bullish correction to bring price back to premium for sellers while trapping buyers, be patient and wait for a breakout of the correction and confirmed continuation of the downward trend . Place stop loss above last high of the channel

elpadrinoo

Usdcad is setting up for a bullish harmonic gartley . Entry should be hit any second . Look to enter and put a stop loss below X for 15 pips . profit targets depend on your trading plan

elpadrinoo

USDJPY is losing its bullish momentum after a long uptrend . If we see a confirmed break in market structure we’ll be able to ride this market on the way down . Break and retest of the upward trend line along with a break and retest of that support in the grey zone will be strong confirmations . No confirmations means no trade , better to trade what the market is...

elpadrinoo

After gold has formed a bullish engulfing on the 4 hour , we see the normal retracement on the next candle . Forming a harmonic gartley on the 15 minute . Good low risk high reward opportunity. Stop loss below point x

elpadrinoo

audnzd has a textbook bearish harmonic crab set up on the 1 hour time frame with a bearish engulfing candlestick pattern that follows . short and put stop loss above the bullish candle for confirmation of setup at a 10 pip risk. usually Sl would be above harmonic reversal zone but since we have confirmation candle lets keep our risk even smaller and a...

elpadrinoo

Eurusd is forming bullish pennant continuation pattern. For confirmation enter at the break of above trend line structure signaling continued moment

elpadrinoo

Price is forming a bullish harmonic shark pattern with the harmonic reversal zone perfectly corresponding with a bullish orderblock . If we can see some retracement into that zone we should have a sniper entry for the buy with first TP being 45 pips or higher and 2nd TP being 85 pips or higher ( higher pips if u catch a entry lower in the level)

elpadrinoo

EurChf is setting up for a clean harmonic gartley on the 1 and 4 hour time frame , the harmonic entry zone is a very respected zone and should we should see a drop continuing this overall downtrend

elpadrinoo

As you can see harmonic patterns is a common and recurrent phenomenon . It is basic yet advanced level of price action that beginners and even many experienced traders often dont notice. Price swings with specific retracements and/or extensions form certain patterns known as harmonics. Point D which completes the 4th price swing to form the respective harmonic...

elpadrinoo

EURUSD is retesting a old area of interest before making its way back down to correct these imbalances during NY session, price wicked entry reversal zone . entry is stlll valid now before it drops with full momentum. TP is about 50 pips from harmonic entry zone while SL is about 15

elpadrinoo

EURCAD is forming a bearish gartley pattern that can give you a perfect entry for continuation on this downtrend . Look for price rejections and bearish candle stick patterns for confirmation

elpadrinoo

If we can see some further retracement on Litecoin price action will form a potential harmonic crab that can if entry on his bullish trend . Wait for rejection off the harmonic reversal zone , bullishing engulfing on 5 or 15 min for extra confirmation . Use trailing stops with enough breathing room securing profits along the swing up. This should go the moon

elpadrinoo

Looking to catch this downtrend continuation on GBPCAD , if we can see some more movement up and completely form our bearish harmonic cypher looking for sell oppurtunities off rejections in that price reversal zone above 74200 . with 35 or lower pip loss at 74552 above point X. First Take Profit level is 57 or more pips at the standard Harmonic Target around...