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AB=CD

AUDUSD ADVANCE HARMONICS PATTERN AB=CD BULLISH AUDUSD has formed an advance harmonics pattern ab=cd bullish on its hourly chart. The price is trading above the EL: 0.66128. ST: 0.65876 Wall: 38% AD: 0.66733 62% AD: 0.67269 79% AD: 0.67600 127% AD: 0.68629 162% AD: 0.69355 The AB=CD pattern is a 4-point price structure where the initial price segment is partially retraced and followed by an equidistant move from the completion of the pullback. This structure has been previously discussed in many technical works, and it represents the basic foundation for ALL harmonic patterns. The Fibonacci aspects in the pattern should occur at specific points. In the AB=CD, the C point will be a defining level for the completion of the pattern. Although the BC projection is critical in this structure, the most significant harmonic number is the exact completion point of the AB=CD. AB=CD Ratios In the AB=CD pattern, the alignment of Fibonacci ratios within the structure usually manifests specific reciprocal relationships. The reciprocal ratio of the C point retracement of the AB leg usually indicates which BC projection is utilized to define the Potential Reversal Zone (PRZ). For instance, a 0.618 retracement at the C point typically will possess a 1.618 BC projection that converges closest with the completion of the AB=CD. This reciprocal relationship within the equivalent AB=CD pattern defines the best PRZ for this structure. The reciprocal ratios that complement the AB=CD structure are as follows: C Point Retracement 0.382 0.50 0.618 0.707 0.786 0.886 BC Projection .24 or 2.618 2.0 1.618 1.41 1.27 1.13 The reciprocal ratios help define the completion of the pattern. However, the most important consideration to remember is that the BC projection should converge closely with the completion of the AB=CD. The Bullish AB=CD Pattern The Bullish AB=CD pattern is an excellent measure when looking at a well-defined sell-off. Although the symmetry may vary, this basic structure is a minimum requirement for all harmonic patterns The C point can be 0.382, 0.50, 0.618, 0.707, 0.786, or 0.886. Referring to the reciprocal ratios listed on the previous page, this correlates into a BC projection that can either be a 1.13, 1.27, 1.41, 1.618, 2.0, 2.24, or 2.618. In some rare cases, a 3.14 projection can be utilized. The Bearish AB=CD Pattern The Bearish AB=CD should possess a distinct symmetry with the completion point of the pattern complementing the BC projection and defining a precise PRZ. The C point can be 0.382, 0.50, 0.618, 0.707, 0.786, or 0.886. Referring to the reciprocal ratios, this correlates into a BC projection that can either be a 1.13, 1.27, 1.41, 1.618, 2.0, 2.24, or 2.618. In some rare cases, a 3.14 projection can be utilized.
Long
by TradeChartPatternsLikeThePros
1
Bitcoin will crash by Bearish Harmonic AB=CD pattern🧨Short termAfter failing to break the resistance zone reliably, Bitcoin fell back below the 🔴 resistance zone($ 29,030-$ 28,880) 🔴. According to the theory of Elliott waves, the increase in these few days of Bitcoin was in the form of a Zigzag correction(ABC/5-3-5), which also formed a standard Bearish AB=CD Harmonic pattern . I expect Bitcoin to fall after breaking the support line, at least as far as the 🎯 targets 🎯 I specified on the chart. Bitcoin Analyze ( OKX:BTCUSDT ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
23
EURGBP growth with Three White Soldiers👩‍🚀👩‍🚀👩‍🚀!!!Hi everyone👋. EURGBP managed to form a Bullish AB=CD Harmonic pattern in the 🟢 support zone(0.874 GBP-0.8718 GBP) 🟢. 💡 Confirmation sign of point D of the bullish AB=CD Harmonic pattern: Forming a Three White Soldiers👩‍🚀👩‍🚀👩‍🚀 Candlestick Pattern . Regular Divergence(RD+) between points D and B. The StochRSI indicator shows us the end of the movement.👇 🔔I expect EURGBP to rise to at least the resistance line. 🎉Also, I shared with you the LONG position with RR= 2.00 , but be sure to follow your strategy and not forget capital management . 🔅Euro/British Pound Analyze ( EURGBP ), 4-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
39
EURAUD Bullish RunThe chart was running in an ascending manner, then on the 26th of April, it showed a reversal toward a bearish trend, however, according to my assessment it was making a bullish flag, AB=CD bullish harmonic pattern is also confluence to back up my assumptions. Please do not enter this trade until it breaks the previous peak of HL. One thing should also be kept in mind that it reached this high in the year 2020 if it will break this point then it will reach its projected value i.e. 1.72018.
Long
by syedzohaibzaidi
MSFT - Getting close to major resistance.NASDAQ:MSFT is up 19% over the last month and is now coming to some major resistance. We have the Double 1.618% levels from the previous 2 highs plus the 61.8% level from the ATH. The measured ABCD is up just above 300 which is also a major FIB number 3. We have just gone past equal tops in time. If its similar to the last retracement then we should be looking at a move back to 250-270. Big week ahead with a major turn point coming on Tuesday. Enjoy the week.
NASDAQ:MSFTShort
by L_F
Multiple Buying OpportunityUpon analysis, there are multiple factors that indicate a potential buying opportunity for AUDCAD. Firstly, the bullish 5-0 pattern on the Weekly chart was identified and discussed in my previous report. Secondly, various trading strategies have also pointed towards a buying opportunity. For example, the 4-hourly chart shows a tested support level at 0.8954, which has been tested three times. If this support level is broken, there is a complete AB=CD Harmonic Pattern at 0.8940. On the 1-hourly chart, a bullish deep crab pattern is observed with a retest at 0.8952, providing an opportunity for traders. The only factor that could deter this trade is a potential market gap when the market opens on Monday. Nonetheless, with the aforementioned indicators in place, a potential buying opportunity for AUDCAD presents itself.
Long
by RaynLim
Trading Speed Bump Ahead!!Looking ahead, the EURJPY is poised to be the most trending pair in the coming week, with a bullish Euro and bearish Yen driving the market. This presents a great opportunity for trend traders, as the pair is expected to rise steadily. Personally, I will be watching for a retest of 149.53 on the 1-hourly chart as an entry point for a trend-continuation trade. However, it is important to note that a potential trading speed bump may arise on the daily chart due to the completion of a bearish AB=CD pattern at 150.76. While this may be a cause for concern, experienced traders will set an alert at 150.76 and wait for a confirmation signal before acting on the pattern. It's important not to let "what-if" scenarios deter you from making a trade - stick to your trading rules and use them to your advantage.
Long
by RaynLim
2
$SONY: Monthly Hidden Bullish Divergence and Channel Breakout NYSE:SONY on the Monthly Timeframe is breaking out of a Descending Channel while confirming Hidden Bullish Divergence and Bullishly Crossing over on the MACD and the RSI enters the Bullish Control Zone; the next obvious target would be between 150 and 177 Dollars as that would be the completion of an AB=CD Harmonic Pattern. One last thing to note on the side is that the NASDAQ:MSFT acquisition of NASDAQ:ATVI has recently hit a brick wall with regulators and this is likely to spur some optimism in the NYSE:SONY camp who has opposed this acquisition in fears that Microsoft would eventually make games like Call of Duty, Xbox Exclusive.
NYSE:SONYLong
by RizeSenpai