Following the recent break down of the daily compression channel, although I think this could be a short lived move for the bears, there is a high probability that we will see that breakout retest zone hold some resistance.
There are two advanced ratio patterns completing at that level for an aggressive short for a quick one in and one out.
Good luck in the...
Hi Dear
First target of bitcoin is D point of Cypher harmonic pattern and resistance of logarithmic trendlines
This is 8590 $
The second target is D point of Bat pattern
This is between 8730 $ and 8845$
After that price reaches to these goals and the presence of the trigger the price will fall
good luck
If the market goes more bullish on the AUDCAD then we might be looking at a Cypher pattern at 78.6 and a Bat pattern at 88.6
Do not trade it if it is not in your tested trading plan.
Good luck
Hey guys,
on this pair we are in a downtrend on the 4hr chart. When this happens i start to look for trading opportunities into structure levels that may provide some resistance for a trend continuation trade. As you can see price is now coming back to the previous 4h structure resistance (black line) and right there there are two different harmonic patterns...
Hey guys,
today i want to share with you a simple pattern formation that occurs very often in the market that's very effective. It's the double top; it happens whenever price action fails in making new highs in a bullish market. This could be the first sign of a reverse and draws traders to the market.
Here on NZDUSD we are in a long bullish trend and price...
Hey guys,
another advanced pattern formation i'd like to share with you today. As usual, my analysis starts from higher timeframe: the black line represents a daily structure level that's just been broken to the downside by priceaction. Being that, i know i expect a bearish continuation to the south and i want to get involved in short trades if i can.
This...
Hey traders,
i've kept an eye on this pair for a few days now. The AB=CD pattern is now complete and we are sitting right at the structure level i waited for (black line).
We also have a Cypher already completed, a psychological number and RSI divergence.
This level happens to be 38.2 of the daily's impulse leg.
I only need a candlestick formation in order to...
Hye guys,
as usual i've outlined daily structure levels with a black line. Right there, in a lower timeframe, we have a potential cypher pattern completing right now. I would be very interested in this setup because you should also shoot for extended move.
Stops below X, target as usual in pattern formation.
If you want, comment below.
Otherwise, see you in the...
