Traine

Traine

Price is moving nicely with the bullish shark almost complete. We have a lot of confluences for our target. There is a quart point at our D completion. Also the secondary fib level of 2.24 which is a high level of exhaustion of a trend. We also have the completion of a 5th wave from the elliot wave. All in areas that make it a very vital and strong area of...

Traine

Bullish Shark looks to be in route. Just waiting on the sell signal and I will ride her down to the D completion and then take her back up.

Traine

Weekly time frame. The higher the time frame the more accurate the trend and harmonic pattern. We have a bearish bat that has completed. Even if you missed the D point entry you can still get in and catch some pips. CAD is on its way up, so this pair has some more falling to do. My target for this pair is QP 1.45. #expansion in all ways, always!! let's go!

Traine

WE have a bearish Shark in the making on the daily time frame. With the elliot wave theory as an extra confluence we can determine raw price movement along with harmonics. There is over 1k in pips on the table waiting to be eaten. Who wants to dine with me. Since this is the daily time frame a great deal of patience is needed to enter the trade and to allow for...

Traine

Well well well. We have a deep crab in the making with the B level broken. But price is currently at the 5th elliot wave so we should see some down side before this harmonic completes. Let's see if this projection plays out.

Traine

Well we had two possible harmonic patterns. Looks like we are heading for the Bearish crab to play out. I will keep an eye out when price gets to the Quarter Point. If we rise above it, it will be a major confluence for that bearish crab. Let's get those pips

Traine

EURAUD is at a critical level. Currently sitting at resistance we need to watch to see what price will do. We have two possible harmonic patterns that could play out, both resulting in major pips. We have already completed the 5th level of the Elliot wave and now price is in the corrective mode. This is what leads me to think that the bullish deep crab could be...

Traine

I can't make this stuff up!

Traine

a little bit of possible foresight for nzdcad. We have a possible bearish gartley in the making. Still within the market structure of the bearish market. Even at the D completion this still makes a lower high and i will be looking for a drop down further. overall my trading plan for this pair is to short it=SELL. You can wait for the D completion or buy to the D...

Traine

Currently we are in a confirmed downtrend. But does that mean we are not able to make any highs. We may be looking at a retracement coming up. We can go as far as my purple box, which is at the 78.6 88.6 area. We can even go higher to the 100% level of the fib retracement. As long as we do not violate that previous high we are still in a downtrend. So let's look...

Traine

We have in the making a bearish Gartley. Currently we have just formed the C leg which to me is the safest and best place to trade a potential harmonic pattern. So I am waiting for a small retracement to get in to this trade and hold it to the D completion and then take the Take profit targets. Who's with me!!!

Traine

Lets see where price ends on this smaller harmonic and play out the larger one

Traine

We have a possible ABCD pattern. If we break this zone I am confident we will be heading to the 61.8 area. Using price action to enter the trade and manage the trade is key to milking the pips

Traine

we could be forming Bearish Gartley. Notice I have 2 areas of completion. This is due to the fact that my AB=CD is a 61.8 retracement. On a Gartley if we have a C retracement of 38.2 the fib confluence is a 1.27 which lines up with our D completion of the 78.6. But if the C leg is 88.6, which in this case it is not, our zone can complete at the 1.618 area. A...

Traine

A larger harmonic is in the making here. Price continues to fall so lets see how this plays out. D completion point is at a QP which is ideal for strong support and resistance

Traine

We have a bullish bat in the making. Hopefully staying below the weekly resistance and giving further confirmation that we are going to continue down to complete the bullish butterfly on the weekly time frame. If you are able to get in at this D completion and have the patience to ride it down, there is over 3600 pips on the table

Traine

Weekly Bullish butterfly in the making. Price has rejected the high for some time So it was time to see what was going on. Price is coming down to at least the MQP of 1000.00 or the D completion of 958.31. The pips are on the table for the taking. There is a h4 bearish bat in the making. So if you get in there you can maximize on the butterfly

Traine

Sunday has open and the market is in motion. We see a possible bearish formation in play. Close to the D completion point. Use some price action to get in this trade. There is a daily bullish Bat that the 88.6 seems to be going for a retest. So we can most likely take this bearish gartley down to that level then ride it back up to at least the first take profit of...