Perfect automated detection of Pattern5-0 PRZ - ShortA bearish-type Pattern5-0 may occur when exceeding 144.59.
There is also a resistance zone at 144.90-146.10.
Short after pattern generation and seeing the rebound.
*Harmonic patterns and support/resistance zones are automatically detected using the indicators below.
- Harmonic auto-detect PRO
- Support/Resistance Zone Auto PRO
5-0 Pattern
BTC/BVOL Bullish Continuation, VIX Bearish BAMM, DXY Bearish 5-0BTC looks to be continuing the move it started yesterday after hunting for the stops below the POC and then defending the EU Brinks Box During the US Brinks session.
BVOL is Bullishly Diverging at the lows Signaling a rise in BTC Volatility is imminent.
The SPX is Bouncing off of a Liquidity Zone and off of the 1.618 Extension PCZ of a Bullish Shark that may now take it back to the supply line and confirm a Partial-Decline for the second time.
The VIX S&P Volatility Index seems to be struggling at the Moving Averages and setting up for a Deep Crab Bearish BAMM that will take it down to $14
The DXY is showing weakness at the PCZ of a potential Bearish 5-0 that will probably take it down to equal or lower lows than the previous low.
Perfect automated detection of Pattern5-0 and WhiteSwan PRZA bearish-type big Pattern5-0 occurred.
If the price rises to 0.69168, a bearish-type WhiteSwan pattern could occur.
Short after seeing the rebound.
*Harmonic patterns are automatically detected using the indicators below.
- Harmonic auto-detect PRO
EURUSD-Weekly Market Analysis-Dec22,Wk2The Overall Trend of EURUSD is a Bullish Trend. There are a couple of ways you can engage in this trade.
Wait for market retest at 5-0Pattern at 1.0515 for a buying opportunity or a shorting opportunity at 1.0581 by using the Type2 Bearish Shark Pattern as a counter-trend trade that could form a combo trade with EURUSD Bearish Crab Pattern on the Daily Chart.
NZDJPY - Potential Bullish BatBefore we talk about the Bat Pattern, I like to make known to you that the Bearish Shark Pattern on the 4-hourly chart within the related ideas is ready for trading.
What is excellent about this trading setup is that the Bullish Bat Pattern on the lower timeframe, the 1-hourly chart completes at 85.34, which happens to be the first target of the Shark Pattern and the Bullish 5-0 Pattern on the 4-hourly timeframe.
Potential Bullish 5-0 on the TOTAL Crypto MarketcapWe've had a bit of a pullback on TOTAL Crypto Marketcap but we are still well above where we started and are holding 5-0 Harmonic Support. If things go as planned we will continue higher from here and hit the first target of $1.2T and if we break above that, the final target of $1.7T
Here is a close up of the Shark and the 5-0 on the 4 Hour Timeframe:
AUDUSD - Bearish SharkWe have a potential Bearish Shark Pattern that is complete at 0.6466; for all trading patterns, a final chart confirmation is required.
What matters more to me in this setup is the 5-0Pattern completion. One of the side reasons is that the completion of the Bullish 5-0 Pattern happens within the Buy Zone.
Perfect automated detection of Pattern5-0 & WhiteSwan PRZ -ShortA bearish-type Pattern5-0 occurred near the resistance zone of 1.4180-1.4200.
If the price rises to 1.4204, a bearish-type WhiteSwan pattern could occur.
Short after seeing the rebound.
*Harmonic patterns and support/resistance zones are automatically detected using the indicators below.
- Harmonic auto-detect PRO
- Support/Resistance Zone Auto PRO
EURUSD - 5-0PatternWell, if you guys are aware, I do not usually post an analysis based on M15 timeframe, but this setup is worth watching. The distance between the red and blue line is 43pips, substantial profit between the 2 levels.
On the red dotted line, come the completion of the Bearish Shark Pattern and the blue dotted line, Bullish 5-0 Pattern.
Candlestick Pattern confirmation is required before one consider it as an trading ideas.
p/s do your own analysis and never follow blindly
EURCHF: Bearish Skart at ResistanceIf you ignore the wick we got on the 22nd, we have a near perfect looking Bearish Shark on the 4 Hour with the PCZ lining up with the top of the Daily Range and some 4 Hour RSI Bearish Divergence.
I think it could later setup to be a Bullish 5-0 where it would Bullishly Continue up after making a 50%-61.8% Retrace from Low to High.
NZDUSD - 5-0 PatternMy money is in the Bearish 5-0 Pattern within the NZDUSD chart. That's an important trend trading setup and gives me the opportunity to ride onto the wave. But in order for the 5-0 Pattern to be valid, the Bullish Shark has to happen.
Let's wait and see how the market responds from here.
Question:
Would you engage the Bullish Shark Pattern when it forms up?
Answer:
Definitely, I will need a 3-bar reversal as usual.