Harmonic Move Completion With RSI Divergence Wait for Double Top
STOP MOVED TO LOCK IN PROFIT AFTER PRICE BREAKS TREND......LOOKING LESS BEARISH BUT WE WILL SEE.....
ABCD pattern on the cards? AB=CD pattern lines up nicely with previous weekly structure as indicated on the chart. A break of 100.000 and I see the bottom falling out of AUD/USD and GBP/USD pairs.
Setup Reason 1.Price has hit strong RES and bounced off 2.A 3 bearish candle stick formation bouncing of RES 3.Therefore showing a change of momentum 4.Also after news on Friday price needs to correct before we see any more bullish movement
EURUSD Non-Farm Payrolls 2015.11.06 ? big move coming?
Can anyone explain what just caused this??
UPDATE: Both targets achieved, Good Trade !! UPDATE: Trade is active now !! Hello Traders, Here we have a really good buying trade setup that has both bullish Gartley Pattern and harmonic AB=CD move completing very close to one another. Another good thing about this setup is that both patterns are completing at previous structure looking left with very small...
We are sitting on a prior consolidation level (230-235). These are the possible outcomes: 235 holds, we break up, inverse H&S resolves, target 280-290 235 breaks resulting in a meassured move down to 180 Last time market retested such a major consolidation level from above, OBV was in a downtrend, thus price continued the downtrend. Rightnow we have a...
The time is commming when the term "Dollar Storm" will become popular on the media. An idea related to As I already said due to very long-term fundamental and technical reasons the dollar will rise violently. What has risen untill now is nothing to what's next. I'll only list few of them. 1. Extremely beautifull bearish divergences on monthly timeframe formed...
I think the stock will go to check 340$ and try to break the pattern. Wiull it succeed?we will know the answer soon
Reasons for Entry : - Good structure - Harmonic move - We can expect RSI OS, maybe divergance - ALT AB 161.8 - Bullish bat TP: AD FR 38.2 SL : Below PRZ
Reasons for entry : - one big FR 38.2 (trend continuation number) @ structure - second big FR 61.8 (strong reversal number) @ structure Stop loss : - Above previous structure Targets : -FE 127.2 - Harmonic move - Strong support line Once we hit the target we have good opportunity for longer trade.
What do you think? Will the btc/usd move like this in the next days?