Hello Traders, I have observed potential Bearish Gartley formation on GBPJPY. Potential Reversal Zone (PRZ) is highlighted for short entry for potential swing trade. Here, PRZ is made of AB=CD, 1.27AB and 0.786XA Fibonacci ratio confluence. This potential set up has a risk/reward ratio of 1:1.2 for Target-1 and 1:2 for Target-2. Follow this idea for further...
Completing a BEARISH SHARK @ 136 = Another 7pts of upside before even thinking about a short!
Bearish Bat pattern may complete on USDJPY. Enter short on completion on pattern.
It seems bearish bat pattern will complete on USDCHF. Enter short on completion on the pattern.
Possible Bearish Gartley is obsereved on USDCAD. Enter short once pattern completes.
Bearish Bat Pattern is about to complete on USDCHF.
Bullish Butterfly pattern is about to complete on AUDNZD. Opportunity for long trade.
STAY BULLISH on this WEEKLY C-D leg breakout up to MINIMUM 1.618@204. I've been discussing these targets for months (INDU=20,500 Minimum) HARMONIC TRADER TIP: In Crab+DeepCrab patterns, EMPLOY THE 1.902 extension, especially when the trend is strong. The trend is STRONG so look for DIA to reach for 214.50 area for this situation.
Hello Harmonic Traders! I would like to begin my renewed contribution to the HTTV community with the following Bearish AB=CD Type-2 harmonic resistance at a critical juncture. The DAILY RSI is stalling at the 50-midline. The general 61.8% retest at the 1.34 level as measured from last year's peak defines the price zone for a larger downside continuation with a...
Hello all, Bullish Gartley pattern setup on a 4h chart. In favor to the bullish Gartley, prices currently move in the potential pullback ending zones, at 61.8% and 70.7% of a previous uptrend swing seen at the attached daily chart. Also, the whole Gartley setup is positioned between two long-term S/R levels also seen at the daily chart. Entry is placed at the D...
Been waiting for the price to retest this level...now it has we can enter short. Good luck
On FX:GBPUSD , there is a great opportunity to go long. The market moves sideways, which formed the valid Cypher pattern. Thus, it gives a good Risk/Ratio. However, it is better to wait the market to be opened and see Monday reactions, not to rush a trade. T1 - 38.2% T2 -...