SE has been trading in this channel for quite some time now and closed on Friday sitting right on its 50day EMA. Bearish butterfly harmonic pattern formed, however, more often than not harmonic patterns do not play out. That being said, in my opinion, harmonic patterns should only be used as further confirmation of a trend. Will be watching this one closely in the...
Looks like we might have a bearish butterfly playing out. If we bounce on this 0.886 FIB level than we should revisit 2k ETH.
Rising window with bulish continuation 72% Buy hold because we going to 175.58 target
There have been rejections at the price of 1815 several times (light blue line), and my projection for Gold will fall to touch the price of 1766-1767. Note: Please keep in mind that no one guarantees the analysis will be 100% as expected. It all comes back to your own analysis, money management and risk management.
SMA and key level support: After a powerful bull run the price of ZRX dropped at a very strong support of $0.50 which is a key level of support for the priceline of ZRX. Previously this $0.50 support level has been working as a resistance as well. Now the same time the price action of Ox has also bounced by the weekly 100 simple moving average support as well....
Serba Dinamik Holdings is expecting to appoint new auditor by the end of the month, as its former external auditor KPMG PLT resigned last month after the oil & gas engineering firm filed a lawsuit against the latter. It has submitted a request of proposal for provision of external audit to international audit firms on June 27. It had also requested a meeting with...
Hi guys, as you look. I change the background for white and the candlestick green = bullish and red = bearish to analyze up and becoming my technical analsyis simple, classic and modern to be understood. I see and measure using the Fibonacci for armonic, we see a bulliish butterfly. So, and also, we are in the demand zone that we could to buy Bitcoin and make...
Trending analysis. Might fall bellow C then we look for another story. -A -point very slippery because major support will be broken second time.
Hi every one BRITISH POUND / AUSTRALIAN DOLLAR GBP/AUD has formed a butterfly pattern which has been completed recently so now the price must do a correction.the correction can be up to the 0.618 line of Fibonacci retracment. After that the bullish trend can continue Traders, if you liked this idea or have your opinion on it, write in the comments, We will be...
GBPAUD 1H Butterfly Pattern #Sell,waiting price retest the PRZ, and check the RSI
• Precise 78.6% B point retracement of XA leg. • BC projection must be at least a 1.618. • Equivalent AB=CD pattern is minimum requirement, but the Alternate 1.27 AB=CD is the most common. • 1.27 XA projection most critical number in the Potential Reversal Zone (PRZ). • No 1.618 XA projection. • C point within range of 0.382–0.886 retracement.
NZDJPY has lots of trading opportunities hidden in this pair. If you have learned to trade, you can do your analysis and see what kind of trading setup you can spot. Well, there is one for you, a Bearish Butterfly Pattern complete at 78.78.
First of all I think price will drop to B (78% of XA) due to bearish rectangle pattern then will rise to C (61.8% AB) and then will drop more to D and finally it's going to complete our Bullish Butterfly pattern and AB=CD. Previously price touched 61.8% of XA but I think we're going to see 22704 ( 78% of XA ) due to I think this is a Bearish AB=CD pattern. You can...
Progressive (PGR), the third-biggest auto insurer in the US. Progressive has been growing its premiums at mid-teens with combined ratios below 91% over the last several years. (from Seeking Alpha) Harmonically we are at an interesting juncture where there appears to be a confluence of two Bullish Harmonic Patterns. We are also at a .618 of the recent range...
Nike had great earning June 24th which created a $15 gap. Now we are $10 higher, Presently there is confluence of 2 bearish harmonic patterns. A short candidate if the market starts to roll over As usual, do your own due diligence A close under $155 might get my attention. Note: Crab patterns can extend to the 1.82 area which is approx. $166.50 Good Luck S.