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Last week I drew a few lines to understand the price action on BItcoin and I'm just mesmerized at the amount of information that these lines can give us. The price just followed those lines. Just check out the previous idea on this. Once price dips back to the support line will be ready for move 3.

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I just drew some lines to understand price action on the cryptocurrency and this is what I got. Not predicting anything here but I know little bit something about Elliot wave theory and after retracement to 8000, the price has found nice support at 8700 with a 'correcting up-trend triangle formation'. I will open a long position from 8700 to 10000. Whenever...

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Use the Arrow to find entry range.

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A harmonic pattern has formed on the AUDUSD. Open the trade as shown in the chart according to the arrow and earn 100 pips. All the best.

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Open triggered at 1.5980 after the volatality due to ECB announcements. Currently, it is trading at 1.6244... Is expected to rise further but want to take in the profits for now... Will buy dips again... Will post analysis based on harmonic patterns...

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Gold is at a very good balanced state just before the FOMC... Looks like traders have been waiting for some indication from the FED announcements. Absolutely uncertain situation and looks like high volatility scenario post FOMC. Have opened both sell and buy trades in equal amounts at 1500... If the price rises beyond the rectangle marked... will watch price...

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In just a month, in just one trade, I have made about 30 pips per ETH token and this was not an accident. I knew with almost 90% certainty that this was going to happen and it did happen. Huge earnings for a person who had the trading psychology of making 20 - 30 pips per day at high leverage. The best thing about this being the confidence that harmonic...

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The AUDUSD is in a tricky position. It is currently positioned at 0.5 retracement of the impulse move XA marked in the chart. The pair is definitely moving towards the 0.72 mark but predicting the path it would take there is the challenge. After a month-long accumulation phase in August, when the pair was trading at its yearly lows (marked in the rectangle), it...

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This pattern analysis is inspired from one of my favorite authors that I follow - VasilyPonomarev. A shoutout and thanks for directing me to this. Tried to add my own inputs. How will I trade this? 1. Once the price crosses below a highlighted line... will add a buy limit. 2. ideally price should turn after testing 0.887 XA Level.

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Now that economic news is beyond us... High chances of turning from 108.360 Can open from 108. Stoploss 108.5 beyond which structure is invalid. Take profit at 107.22 - 107 - 106.9 - 106.5 - 106 May not see a lot of action today but this is the direction for the next week...

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A perfect Bearish Gartley is setting up on the USDJPY. Price turned at 0.618 XA @ 107.5 If the retracement continues, which is very unlikely, it may extend till 0.786 XA @ 108.363. Then it is a Butterfly. Now, in a Gartley, AB retraces to 0.618 - Perfect Gartley. AB retraces to 0.707, 0.786 - Still a Gartley but not perfect. BC projects till 1.618 @ D...

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A perfect Bullish Gartley has formed on the XAUUSD Daily... Almost there... The Potential Reversal Zones are marked on the Chart. Generally, the price tests all the levels in the PRZ. It's better to open long after price crosses the PRZ and turns. 1.618 BC at 1492. 0.887 XA Retracement at 1499. 1.414 BC projection at 1500. Other levels: AB = CD completed at...

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Last week I traded the BC leg of the chart for about 200 pips average. That pattern was the Bearish Butterfly on the hourly chart. It worked like clockwork. Link for the analysis given below. On the longer timeframe, however, i.e., the Daily a different pattern is setting up. The Perfect AB=CD. As indicated on the chart, The Price is at 0.618 retracement...

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GBPJPY price is at a historic low. The price was at this point exactly 3 years ago. This was how it played out then... If the price touches or plays around 125... will definitely open a long position... Unfortunately missed this last week as I was occupied in moving houses... Hopefully, the price action will be generous enough...

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A very longterm bullish butterfly is complete on the EURJPY daily chart. The Potential Reversal Zone is mentioned clearly on the chart. The price tested the zone and reversed at the end of last week. Unfortunately, couldn't open any position as I was busy moving houses. However, if the price tests the PRZ again, will be opening a long position. Exactly 3 years...

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After a grueling wait, the USDCAD butterfly is almost complete. Price testing reversal zone. PRZ clearly mentioned in the chart. Make sure to open the trade on the reversal from PRZ. Not while it is approaching the PRZ. Some historical reversal points are marked with green lines for better judgment. Stoploss @ 1.3375. Major support down at 1.3180... Hopefully,...

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Entry and exit clearly indicated in the chart. Using a staggered entry on this. Not really sure of the price movement. 1.618 AB projection completes at 1.0906 1.428 AB projection completes at 1.0944 1.000 AB projection completed at 1.10351 Also, place entry at historical price reversal points... Stoploss very tight.. Not interested in losing money due to...

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The Harmonic Analysis on ETHUSD - The Butterfly pattern - worked like a charm. Bought a lot of these coins or currency or tokens... No commissions and no overnight fees and cheap as hell... I'm more excited about the fact that a skill I invested time and effort in - works sooo well. Hopefully, it will rise a lot more... Posting this just as an update... Follow...