trading_jupiter

trading_jupiter

The AUD/USD currency pair has recently exhibited a classic Head and Shoulder pattern, indicating potential bearish momentum. The price has broken below the neckline, which previously served as a strong support and trendline. Currently, the price is testing a key support level, suggesting a possible retracement from this area. Chart Pattern Analysis: The Head...

trading_jupiter Updated 

The AUD/JPY pair shows a strong bearish continuation pattern following yesterday's CPI data release. A Lower Low (LL) formed after the Higher Low (HL) breakout, with significant rejection at a key Resistance Area, aligning with the 38.2% Fibonacci Retracement Level. Analysis: Price Rejection at Resistance The rejection at the Resistance Area, coupled with the...

trading_jupiter Updated 

The USD/CHF currency pair is forming a Bearish Gartley Harmonic Pattern, signaling potential downward movement. This pattern is aligning with a key resistance area, adding further confluence to our bearish outlook. Key Resistance and Trendline Confluence: Price action has shown a strong rejection at a key resistance level, which coincides with a downward...

trading_jupiter Updated 

The EURUSD is currently forming a Bullish Shark Harmonic Pattern (XABCD) on the 4-hrs chart. This pattern is characterized by a specific series of Fibonacci retracements and extensions, signaling potential reversal points in the market. __________Potential Reversal Zone (PRZ) and Confluence Factors_____ Point D, identified as the Potential Reversal Zone (PRZ),...

trading_jupiter

Bullish Gartley Harmonic Pattern Formation: The NZD/CHF currency pair is currently forming a Bullish Gartley Harmonic Pattern, indicating potential upward movement. This pattern is aligned with a significant support area, reinforcing our bullish outlook. Key Support and Trendline Confluence: The price has received a strong rejection at this key support level,...

trading_jupiter

The USD/JPY pair has recently exhibited a Bullish Divergence on the 1-hour chart. This technical pattern is a significant indicator suggesting potential upward price movement. The price action has also received a strong rejection at a key support level, which coincides with a 4-hour trendline and the 61.8% Fibonacci retracement level. These factors collectively...

trading_jupiter

The USD/CHF currency pair currently exhibits a Bearish Butterfly Harmonic Pattern. This pattern is significant as it is forming at a key resistance area, indicating a potential reversal in price action. The pattern's completion point, identified as Point D, aligns with a 61.8% Fibonacci retracement level, further reinforcing the likelihood of a bearish movement. ...

trading_jupiter

This report provides a detailed technical analysis of the ADA/USDT pair, focusing on the formation of a Bullish Butterfly Harmonic Pattern at a key support area. Based on the analysis, we propose entry, stop loss, and multiple take profit levels to maximize potential returns while managing risk effectively. Bullish Butterfly Harmonic Pattern Pattern Formation...

trading_jupiter

The CAD/CHF currency pair is currently forming a Bullish Crab Harmonic Pattern (XABCD). Point D, identified as the Potential Reversal Zone (PRZ), aligns with multiple technical confluences, suggesting a high probability for a bullish trend reversal. ______________________Key Technical Confluences____________________ Potential Reversal Zone (PRZ): Point D,...

trading_jupiter Updated 

The EURUSD pair is currently forming a Bearish Butterfly Harmonic Pattern (XABCD), a classic reversal structure frequently observed in technical analysis. The Butterfly Pattern suggests that the current bullish momentum may soon exhaust, giving way to a potential bearish trend. Potential Reversal Zone (PRZ): Point D, at the completion of the Butterfly pattern,...

trading_jupiter

The AUDCAD currency pair is currently forming a Bearish Butterfly Harmonic Pattern (XABCD), indicating a potential bearish reversal. Point D, the Potential Reversal Zone (PRZ), is aligned with a key resistance area and intersects a daily trend line, providing a strong confluence for a bearish bias. Potential Reversal Zone (PRZ) and Key Resistance: Point D is...

trading_jupiter

The USDCAD pair is currently forming a wedge-type pattern, indicating a period of consolidation that typically precedes a significant price movement. The forthcoming Non-Farm Payrolls (NFP) and Consumer Price Index (CPI) data releases will be critical in determining the direction of the breakout. ---------------------Key Levels:-------------------------------- ...

trading_jupiter

Harmonic patterns are integral to technical analysis in financial markets, and the Crab pattern is one of the most distinct among them. Both bullish and bearish Crab patterns provide precise trading opportunities by indicating potential reversal points in the market. This article delves into the structure, identification, and trading strategies for both bearish...

trading_jupiter

This report provides a detailed technical analysis of the EUR/NZD currency pair, emphasizing a Bullish Butterfly Harmonic Pattern forming at a key support area. The analysis is supported by a Bullish RSI Divergence observed on the 4-hour chart, reinforcing our bullish bias. Bullish Butterfly Harmonic Pattern: The EUR/NZD is currently forming a Bullish Butterfly...

trading_jupiter

The Gartley Harmonic Pattern, a cornerstone of harmonic trading, was first introduced by H.M. Gartley in his 1935 book "Profits in the Stock Market." This pattern leverages Fibonacci retracement levels and geometric price formations to identify potential market reversals, providing traders with a strategic edge. __________________________The Bullish Gartley...

trading_jupiter

The NZD/USD currency pair is currently exhibiting strong bearish signals. A Bearish Harmonic Pattern has formed at a key resistance area, indicating a potential reversal. Additionally, a Bearish RSI Divergence on the 4-hour chart further supports our bearish bias. _________________Technical Indicators_____________________ Bearish Harmonic Pattern: The...

trading_jupiter

Understanding Bearish and Bullish Bat Harmonic Patterns: A Professional Guide for Traders In the dynamic world of trading, identifying potential reversal points is crucial for making informed decisions. Two powerful tools that professional traders often rely on are the Bearish and Bullish Bat Harmonic Patterns. These patterns, grounded in Fibonacci ratios,...

trading_jupiter Updated 

AUD/CHF is exhibiting a harmonic pattern, suggesting a potential reversal point. This bearish signal gains significant weight as Point D of the pattern, also known as the Potential Reversal Zone (PRZ), coincides with a key resistance level. This confluence of technical indicators strengthens the possibility of a bearish breakout. Key Levels: Point D (PRZ):...