BULLISH ABCD PATTERN 1. Strong up trend can be expected. 2. A rejection can be seen at point D. 3. Bullish Candles have started to appear after the conformation of the pattern. 4. A tight TP is set with a take profit level of 139.280. 5. A stop loss level of 103.521 is set. 6. RR ration of 1:3 is taken for this trade.
EURNZD- the pair reached to to upper border of the descending channel. ABCD- pattern. Volume- poc
AUDUSD has reached to strong resistance point & forming ABCD pattern.
Educational purposes only Continuation possibly... AB=CD pattern Ride the wave up
Taking long position in BTCUSD. AB=CD pattern intact and it's making HL and HL. Taking the position as it's bouncing back from support level of 23754
The Japanese Yen has begun to gain some strength against many of the Major Pairs and looks to be forming a Bear Flag on the daily that could take us down to the 800 Day EMA in time. On another note about the JPY strength, there is another much older JPY Strength play that i am still participating in, in the form of GBPJPY that can be seen below:
Hello and welcome to this analysis based on Harmonic Trading Patterns In the daily time frame it has made a Bearish Harmonic ABCD pattern with perfect balance symmetry. It could retrace down to 440 - 430 as long as it does not trade above 461 As per Option Data also July Series 460CE is seeing fresh shorts being added and 440PE is seeing short covering. While...
BEARISH ABCD PATTERN 1. Parallel Channel is showing a downward move. 2. Harmonic ABCD pattern is also giving a bearish signal. 3. TP is set to 0.69534 4. SL is set to 0.70257 5. RR ratio of 1:1 is set for this trade. 6. This is a counter-trend trade so need to be careful of any bullish signs.
Short Position taken after observing price action at following 1. Bearish AB=CD
Long position taken after observing price action at following 1. Bullish AB=CD pattern
Today we are going to propose different movements at the same time, for anyone who can follow them closely and wishes to operate any of this range of possibilities. First of all I want everyone to understand the larger range pattern that is being formulated, a reverse shoulder head shoulder, secondly, it seems convenient to me to apply the Elliot wave rule and...
OANDA:GBPAUD Is setting up nicely with patterns and AI. At 18:00 we have a CIT window and we are in the area of the Gartley ABCD pattern completing @ 1.7277. Then looking to trend for the rest of the day. I hope this helps. Enjoy the day.👍👍
CADJPY looks to be heading toward a new high with Three white soldiers formed in the past 3 hours. Also looks to be an uptrending chart with a possible formation of AB=CD Chart Pattern
GBPJPY, Chart pattern looking to form AB=CD chart pattern with a possible trend reversal once it has formed a new high. Also the candles have formed three white soldiers which gives a strong buy signal
A potential Bat Pattern forming on the hour timeframe of NZDJPY. You can see where the market retraces to the 50% zone being shorted for some time. If you want, you could go long now and set a SL just below the C point and take it all the way up to the Fibonacci Extension level of the 1.618, which is the bottom of the rectangle here. I say that because inside of...
On the AUDCHF Chart, we can see that the chart has recently formed an AB=CD Bearish Chart pattern. With this sighting as well as bearish red candle. I have taken a short position with SL defined at the LH level
Taking along position based on the presumption that the chart will be forming an AB=CD Bearish Pattern in the next few days. Also saw a bullish candle before taking an entry.
SOLUSDT made nice AB=CD pattern Entry: 38.47 SL: 37.2 TP: 40