It seems it is a time for reversal of $NASDAQ:GILT. A nearly prefect bullish butterflies harmonic patter is observed at 5.28$. The stochastic is in oversold region. NASDAQ:GILT already tested this resistance 3 times from October 2022. My stop loss will be at around 5.12. First price target around 6.20 at 200 MA which is on Fib 0.5 and second price target at...
Overview: GBP/CAD has recently exhibited the formation of an Anti-Butterfly XABCD harmonic pattern, concomitant with the price approaching a crucial Resistance area. This confluence suggests a potential Bearish reversal from point D, indicating a favorable opportunity for traders to capitalize on the impending downward movement. Entry Strategy: A prudent entry...
Exciting news for traders as a bullish Butterfly pattern emerges on NASDAQ 📊🔍. This pattern, known for its predictive power in forecasting bullish reversals 📈, suggests a potential uptrend in the market. The Butterfly pattern consists of specific Fibonacci ratios between price swings, indicating a strong probability of a bullish reversal. Traders are anticipating...
DXy is printing the final leg(CD) of a bullish BUTTERFLY113 harmonic pattern. The butterfly 113 pattern completes at 113XD which is around the (98.0-98.6)support zone. On ltf DXY has some bearish run downside until the support zone is reached.
GBPNZD is exhibiting a potential Anti-Butterfly Harmonic Pattern (XABCD) formation, indicating a forthcoming bearish trend momentum. This analysis is based on key resistance levels and Fibonacci retracement levels, suggesting a strategic entry opportunity. Pattern Identification: The Anti-Butterfly Harmonic Pattern (XABCD) is emerging on the GBPNZD chart, with...
Trend Analysis: AUDCHF is currently exhibiting a Bullish trendline on the 4-hour time frame, indicating a favorable upward trajectory in the market sentiment. Additionally, the currency pair adheres to Dow Theory principles, further reinforcing the bullish bias. Fibonacci Retracement: A retracement to the 0.786 Fibonacci level has been observed, signaling a...
Introduction: CAD/CHF has recently formed an Anti-Butterfly XABCD harmonic pattern, indicating a potential bullish reversal. This technical analysis aims to provide insights into potential entry and exit points for traders interested in capitalizing on this pattern. Pattern Formation: The Anti-Butterfly XABCD pattern on CAD/CHF suggests a reversal in the...
Hi dear friends, hope you are well and welcome to the new trade setup of Liquity (LQTY) with US Dollar pair. Recently we caught almost 13% pump of LQTY as below: Now on a 4-hr time frame, LQTY has formed a bullish Butterfly move for the next price reversal move. Note: Above idea is for educational purpose only. It is advised to diversify and strictly...
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Trade Setup: - Entry: Sell at retest of trendline - Target: Extended towards Bullish Butterfly Pattern completion zone - Trade Management: Utilizing upsize trade strategy Analysis: While many analysts see consolidation, I've identified a potential Bearish Flag trading setup on GBPUSD. The series of lower highs on the 4-hourly chart indicates a possible...
Trade Setup: - Entry: Sell at 1.0797 (Retest Level) - Target: Extended towards potential Bullish Harmonic Patterns setup - Risk Management: Implementing trade management system for upsized trades Analysis: While many analysts are focused on the potential Bullish Butterfly Pattern and ABCD Pattern on the 4-hourly chart, my attention is on a shorting...
FOREXCOM:SPX500 After this big run up from October last year we are getting close to some serious headwinds. The major ABCD Pattern comes in a little higher around the 5220 area where there are multiple smaller TF patterns completing. I will post them after to show target areas. This ties in with the DXY completing an ABCD rally. If that turns lower then this...
FOREXCOM:XAUUSD had a fairly decent rally last week running into the 1.27% extension Butterfly level of 2192. Now i'm looking for a retracement to Buy looking for the next move higher towards 2250 where we have 2 1.618% EXT levels to watch. Wednesday we do have the US Interest Rate decision which will move the market some more, so until then there might be...
As long as the price is below 3680, the three areas of 3340, 3250 and 3133 will be reversal areas in which we will have a bullish correction. The SL of each station should be taken as 0.5%. If the price reaches 3048, the analysis will be expired. The ultimate goal of this position will be 4080 and hold for higher areas. Be a holder in BINANCE:ETHUSDT
BINANCE:FETUSDT COINBASE:FETUSD Hello traders. Fetch AI is my Second suggestion for the altcoin market. As you can see, the price has broken its long-term pitch-fork structure. As long as the price rally is ongoing outside the pitchfork, the $6.4 and $9 targets are active.🎯 Considering the previous price rally, there is a possibility of a price...
Tron has confirmed a Hanging Man just above the PCZ of a Bearish Butterfly, it starts to play out I think it will come back down to meet the trend line at the 61.8% retrace as the current move above trend also happens to be a bit overextended.
It seems that NASDAQ:PARA is ready to fly. A harmonic pattern is observed on the daily chart and double bottom at around 10.25. The sentiments around the PARA is positive as traders waiting for a deal for take over. The awesome indicator is also showing a bullish trend. First target price is 14.73 and second target price is at around 17.36. I put the stop loss...