In my previous USDCAD 30m bearish idea (attached as related idea) I mentioned a very large 4H buy signal setting up "if" its B level held. The B level I was talking about is the blue B on the blue highlighted bullish pattern shown above. As long as that B level held I knew it was going to be big. Along with the B level holding on the blue bullish pattern (which is...
The red highlighted bearish pattern is invalid so I am anticipating it to fractal becoming a left wing on a larger bearish pattern and price to reach my upside target area. The blue bullish pattern is valid so I anticipate it to push price to a new high into my target area.
The daily bearish idea I just published (attached as related idea) has a valid bearish pattern and here on the 4H is a invalid bullish pattern which means the bullish pattern should fail to create a new high. I am bearish down to my target area.
The highlighted bullish pattern is invalid so it should fail to create a new high. I am anticipating a move down to my target area. This is counter to the higher time frame trend so inherently it does carry more risk but it is a valid signal. I am watching the very large buy signal setting up on the 4H that will likely push price above 1.2965 "if" its B level holds.
The highlighted bearish harmonic pattern is valid so I am anticipating price to make a new low reaching my downside target area.
Here is a signal on the 1H chart trading into the weekly pattern (related idea). The blue bullish pattern is valid so I am anticipating price to make a new high into the upside target area. There are two B levels in play the blue B and the red B are both likely B extensions on two bearish harmonic patterns . My upside target area could end being conservative but...
The bullish harmonic pattern is valid so I am anticipating price to make a new high reaching my target area.
There is two B extensions in play here so I am bullish to the target area.
On the 1H I am anticipating the red bearish pattern to fractal becoming a left wing on a larger bearish pattern . When price fractals price is usually at C on the larger harmonic pattern . So the larger bearish pattern with the red bearish pattern in its left wing is in the middle of its CD leg. If you notice that X starts at B on the preceding harmonic patterns...
I am anticipating the red bearish pattern to fractal and become a left wing on a larger bearish pattern and it to complete in the target area.
I am bullish on this pair up to the target area where I am watching for a larger sell signal.
I am anticipating a move up to the target area which is defined by an AB=CD pattern (black lines) using the 100 level expansion on the AB leg where I cut off the previous swing high. There are 4 bearish patterns in play all of which are on their CD legs. I have identified the B levels on each bearish harmonic pattern. The most important B levels in play are the...
I am looking for the blue bearish pattern to fractal and become a left wing on a larger bearish pattern and the larger bearish pattern to complete in the target area.
Price here appears to be fractaling and I am anticipating this pattern to complete in the defined target area. Although I am still bullish up to the 4H target area on my previous idea that is attached as related idea.
I am anticipating the large blue bullish pattern to fractal and become a left wing on a larger bullish pattern where I am anticipating it to complete in the downside target area. The hidden bearish divergence defines the right wing on the orange bearish pattern.
I am bearish on the 15m chart. I am anticipating price to break below the previous swing low.
Again I am anticipating the blue bearish pattern to fractal and it becoming a left wing on a larger bearish pattern and the larger bearish pattern to complete in the target area. The hidden bullish divergence between the X and D swings on the red bullish pattern is a significant tell to what is possibly going to happen here.
I am anticipating the red highlighted bearish pattern to fractal where it becomes a left wing on a larger bearish pattern and the larger bearish pattern to complete in the target area.