We have 4 emerging bearish harmonic patterns which are ;
1-Gartley
2- Anti Alt. Shark
3-Anti Shark
4-Anti Cypher
Supply and Demand zones are shown by the green and red rectangles
Elliott Wave scenarios are indicated in the chart
P.S. DON'T ENTER ANY TRADE BEFORE PRICE ACTION CONFIRMS IT AND UNLESS YOU DID SETUP A SUITABLE STOP-LOSS YOU CAN AFFORD...
Sell the breakout of the bullish green channel
Please note , Money management plan is your own responsibility !
Wish you good luck :)
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Emerging Bullish Anti Alt. Shark
Sell The breakout of the bullish correction on smaller time frames - short term selling
watch for long term buy on the completion of the harmonic pattern
Currently , expanding triangle is in progress which is a part of bearish C correction of an ABC corrective structure that forms wave 2
Buy the breakout of the expanding triangle which indicates the start of the bullish wave 3
Initial three targets are shown by the up green arrows .
The invalidation level for that setup is shown in red !
Medium Term Bullish
Long Term - Bearish
3 Bearish Harmonic Patterns are emerging, which are :-
1-Gartley
2- Anti Nen Star
3- Anti Alt. Shark
I Think currently there may be a bearish correction within the bearish dotted yellow channel . Long entries can be placed on the breakout of that yellowish channel aiming the targets at which point D of the harmonic...
Bearish Anti Alt. Shark with non ideal AB = CD Pattern , the ABCD Pattern is equal in length and not in time
Bearish RSI Divergence should confirm the coming bearish move
VSA Shows a squat up bar in the 4 hr chart which is a sign of weakness for the up move and a test is required to confirm the coming bearish move with a no demand up bar or upthrust bar , etc...
Bearish Anti Alt. Shark with An Ideal Bullish AB=CD equal in both length and time
An oscillator divergence should confirm the coming up correction
According to VSA we have a strong sign of strength signal which is climax sell . This indicates the market is about to rise and there is a professional buying at the current low .. That climax sell bar must be tested...
