AUDCAD WATING FO A BIG MOVE TO COME IN THE NEXT COUPLE OF YEARS
Bat with Harmonic Move With Major Resistance
Up until now Bitcoin was still consolidating in a wide range of $680-630 in the ascending triangle and did not rally as I expected after the halving day yet to retest $750-790 area. One thing you can learn from Bitcoin's behavior over the years is that it ALWAYS retests the previous high a second time. Also Bitcoin LOVES to bounce within triangles. Currently we...
USDCAD WAITING TO THE BIG MOVE TO THE DOWNSIDE
Plenty of support showing up on the daily after a Bullish Bat completion. Targets one and two on the chart for that pattern. If the Bat fails (0.886 retracement of XA), then there's also a Bullish Alternative Bat (1.13 retracement of XA) and Bullish Crab (1.618 retracement of XA) in the making. All of this is made possible by the close to 0.382 retracement of B...
I think it could be a rebounce on a resistance for a continuation move. stop above 110.20 entry 108.70 tp1 105.80
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.
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...
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.