nadavhurwitz

nadavhurwitz

Simply put, we have a nice bearish AB=CD Harmonic Pattern. On an hourly chart we have a bearish engulfing candle right at the 2.618 BC projection - completing the Potential Reversal Zone (PRZ) Classically, Take Profits at 38.2% and 61.8% of the AD move. Warning: Notice that the downtrend shown might become resistance so make sure to tighten your stops at that...

nadavhurwitz

Before we begin with this analysis... This time it is suited for people who are playing the long game... All ideas that are expressed are of my opinion and interpretation of the political situation. So... While the world waited anxiously to see who will become president - so did equity markets. On the technical side: A Triangle pattern has emerged on a...

nadavhurwitz

After the first Crab and the upward wedge failed to confirm the trade, a slightly larger Crab appears ***Pokémon music intensifies***. All previous ideas are listed below So the idea is going short in the next few das for a couple of weeks probably. We can enter the trade once we see any price action and/or indicators supporting going short. Stop Loss and take...

nadavhurwitz

This is in continuation of a previous post (linked below). We have an upwards Wedge with a MACD divergence. This is a bearish signal. A downwards break of the wedge could mean the trend might reverse. Trade levels in previous post. Please use caution! As vote counting resumes in the coming hours, volatility might resume. I know the Bitcoin narrative is...

nadavhurwitz Updated 

Harmonic Pattern - Crab Entry now. Stop loss at 2.0 XA Take Profits at 0.382 and 0.618 AD retracements. Price action immediately started to reverse at 1.618 XA and 3.0 CB. Levels align nicely in the PRZ. Warning. I still believe in the long term the pair is going down. This is possibly an opportunity the make some money off a correction.

nadavhurwitz Updated 

FX:NZDUSD After a Head and Shoulders pattern on a daily chart, a bearish Crab pattern and a rising wedge on a 4 - hour chart (linked below) ... Now we get another bearish signal - Triangle formation with a fake-out on the 5 contact point . Take profit at triangle height after breaking formation (around 0.663). Stop loss at point 5 top. * make sure to take...

nadavhurwitz

BITSTAMP:BTCUSD BTC/USD is forming a Bearish Crab and is nearing the Potential Reversal Zone (PRZ). This is happening after the formation of the Bearish Gartley failed to reverse (see in Related Ideas). Notice the tight levels of the 1.618 XA projection and the extreme 3.14 BC projection. The Crab pattern is usually volatile in the PRZ so prices might reverse...

nadavhurwitz

FX:NZDUSD The NZD/USD is forming a bearish Head And Shoulders on a daily chart. The head of the pattern is itself a double top formed on a historical resistance line. The right shoulder is currently at its completion point and there are signs that prove is starting to reverse. More on that in the link below. If the pattern is completed, price could move lower...

nadavhurwitz

The NZD/USD has formed a Harmonic Pattern - the Bearish Shark. Reasons for entering the Trade: Fibonacci levels align to form a tight Potential Reversal Zone (PRZ). A reversal candle (Shooting Star) forms in the PRZ. The PRZ aligns with a resistance line Trade management: Stop loss at reversal candle high. Short on reversal candle...

nadavhurwitz

BITSTAMP:BTCUSD A Bearish Gartley Harmonic Pattern on a daily / 4H Chart. The Harmonic levels converge nicely in the potential reversal zone (PRZ)