AB=CD
CRUDE OIL✦LONG TRADE SETUP✦POSSIBLE REVERSAL✦HARMONIC✦ONE HOURThis trading idea is designed to capture the reversal trend using Harmonic Pattern Technique. WTI (CRUDE/ USOIL) is moving in a bearish direction and is expected to take reversal from Potential Reversal Zone (PRZ) shown in the chart. Bullish AB= CD Harmonic Pattern is used to identify PRZ at point D. Long Trade Setup is presented in case of reversal of the trend from PRZ.
GOLD-USD |LONG TRADE SETUP| HARMONIC AB=CDThis trading idea is designed to capture the reversal trend using Harmonic Pattern Technique. GOLD is expected to take reversal from Potential Reversal Zone (PRZ) shown in the chart. Long Trade Setup is given on the chart.
Falling wedgeLooking to buy the dip
Falling wedge pattern
Touching support
Look for a 1 to 3 risk to reward
Take profits a tp 1
LONG opportunity
BUY
BTCUSD: Still A 4HR Double Bottom at PCZ of a Bullish ButterflyBitcoin on the 4 Hour has printed a Double Bottom with Stopping Volume on the Second Bottom at the 1.414 PCZ of a Bullish Butterfly and at the 100 Period Simple Moving Average. I am still fishing for a Waning of the 4 Hour MACD Negative Momentum so confirm the entry and will be using the 1.618 and the 200 SMA as a line in the sand that price must hold above.
COPX starts to take off with early signs of China manufacturingAs there are rumors of China manufacturing returning, one instrument to watch is copper. Some say there is a boost in China production when you look at a CN 50 CFD from one of the popular forex brokers. However, always remember that copper is considered a base metal and an early input into manufacturing. It is also an early input for the value chain of many manufactured products.
BTCUSD: 4HR Double Bottom at PCZ of a Bullish Butterfly Bitcoin on the 4 Hour has printed a Double Bottom with Stopping Volume on the Second Bottom at the 1.414 PCZ of a Bullish Butterfly and at the 100 Period Simple Moving Average. In the next 2 minutes we will see the current 4 hour candle close and a new one will begin which is where it will show rather or not it wants to confirm the waning of Negative Momentum on the MACD and RSI and confirm Bullish Divergence.
#XAUUSD AB=CD patterns belowEnter :2008
Stops: 2068.32
Targets:
38% AD: 1928.00
50% AD: 1890.61
62% AD: 1853.38
79% AD: 1800.41
Let me explain more about AB=CD patterns below
Remark Holdings: Monthly Logscale ABCD with Bullish DivergenceRemark Holdings is sitting at a Logscale 1.618 Fibonacci Extension and an AB=CD PCZ while showing a big amount of MACD Bullish Divergence on the Monthly Timeframe and it would seem it's eventual Bullish Target would be a minimum of HKEX:151 to go back to C.
AUDCAD time 1h is longAUDCAD has formed a double bottom on its hourly chart.
The price is trading near the Enter: 0.89773.
Stop: 0.89156
Targets:
100%: 0.90731
150%: 0.91389
200%: 0.91911
250%:0.92500
EURAUD =Bias shortBearish indications:
Major resistance is respected.
Evening star candle from resistance.
Trend line is broken down.
Bearish divergence in 15 min charts.
Made a new low and moved backed to lower high which makes the right point to short .
Ab=CD pattern complete.
Possible forming Head and shoulder pattern as currently at right shoulder formation.
Trade plan bias short @ 1.63812
SL:1.64284
TP1:1.63331
TP2:1.63118
EURUSD - 3 Week Pattern Completion. OANDA:EURUSD Completed a 3 week pattern on Friday now im looking for a 382 retracement to get short for the move lower.
DXY seems to have hit a low as well which should give us more downside.
Targets are 1.0800-1.0860.
Potential on more downside with bigger patterns playing out.
Enjoy the week.
GBPUSD, The Impending ShortWe’re coming up towards the end of the final push, push 3. Looking back at the H4 timeframe, there is a Shark Pattern near completion. The D point of this Shark Pattern aligns with the long term resistance as well as a psychological whole number 1.24. There are other methods that also support the theory that price may reach the 1.24. The ab=cd pattern suggests price can continue to rally on towards the 1.24. Mentioned previously today, there was a 15min Shark Pattern which later came back to do a type 2 reversal that gives a trader a second entry to ride towards the 1.24. We may see a completion of the price objective by Wednesday next, until then sit on your hands and wait for price to do it’s thing.
Beaucoup Out.
XAUUSD AB=CD BULLISH PATTERN XAUUSD is trading an AB=CD bullish pattern on its daily chart, the price is currently trading above the 1st target @79% AD: 1823.18
Target2:
127% AD: 1950.79
162% AD: 2042.15
USDINR Indian Rupee Short PositionUSDINR (#USDollar Vs #IndianRupee) Short Signal
Entry:81.903
SL:82.146
Target:80.849
RR:1:4
But You can Save Profit and Continue Target:80.206 Means 1:7 RR
Please Tell me Your Idea?
EURGBP Bullish ProjectionsIt has been assessed that the trend was going in an ascending manner then it went sideways and a little downwards making a perfect flag. Projections of Profits and Bull Run were measured using AB=CD harmonic pattern. So in my opinion it should reach it Potential Return Zone from where we either will stick with same rules or change the strategy.
EUR/CZK - Bullish AB = CD Reversal Pattern - RSI DivergenceEUR/CZK looks to be forming a bullish reversal pattern. RSI is also showing divergence. Expecting trend to reverse from bearish to bullish and for price to start creating a series of higher highs and higher lows!
Swing trade about to happen on CZcoin BNBUSDTBNBUSDT is about to finish the 5th wave of a contracting ending diagonal. 12% drawdown can be expected as illustrated on this 1D chart. Price action on intraday below volume POC.
According to my wave count, BNBUSDT is likely to be enter in a 5-wave swing-downward correction to made a lower low amid 160 USDT price @ least extending down 1.618 from the ABCD reciprocal harmonic pattern displayed.
In a Wickoff method perspective, the price tends to enter in a SOW phase, breaking-down this triangle structure, but a rally of relief can be expected as a potential growth of BTCUSDT for the next month open.
Oscillators:
*Fisher Transform;
*ESCGO_LZ (smoothed stochastic);
*Chaikin Money Flow.
This strategy was published for an educational study of the cycles of BNBUSDT market. You can see more of my progression on this short position by my previous posts.
EURJPY - AB=CD BEARISH PATTERNEURJPY forming possible AB=CD bearish pattern if it break B then confirming the pattern and can see a divergence on it.
BTC AB=CDSimple look at the HTF bitcoin price chart. I think it could be classified as a head and shoulder pattern. Throwbacks happen 60% of the time for these types of patterns.
USDJPY IS BEARISHUSDJPY is bearish as it making LL and LH. It is projected that if it breaks B point it will go down to D point.
GBPJPY IS BEARISHGBPJPY is bearish as it making LL and LH. It is projected that if it breaks B point it will go down to D point.
