AB=CD
TRXUSD: Cup With Handle Visible on the MonthlyTRX had a similarly Bullish ABCD BAMM Pattern on the FTX chart but that has since played out and gotten shut down. Now we move on to currently active exchanges and we can still see a Potential ABCD BAMM and a Cup With Handle; if we can stay above the moving averages i suspect we will pump to the measured move between the 1.414 and 1.618 Fibonacci Extensions above.
2010: SABIC (Dow Theory)Classical Dow theory in picture
AB=CD pattern in formation
Wait for breakout of B which will be new HH
Short Trade Setup
1- Entry at Current Price 94.6 or 94.2
tight SL 93.4
TP 96.8
Long Trade Setup
2- New Entry 98.2 (on green candle closing)
TP 101.2
SL 97.2 (or previous candle bottom)
DXY - 4 HOUR - HIGH & TIGHT FLAG PATTERN BREAKOUTThe DXY has recently been trading in a tight range & has created what is one of the BEST technical setups in the market - the High & Tight Flag Pattern. In this video i'll explain what that pattern is along with 3 ways to potentially trade it.
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Wishing you a great rest of your trading week & until next time
PLAN YOU TRADE, TRADE YOUR PLAN - Akil
LONDON UJ ABCD/EXT LIMIT ATRComing in for a London session we see UJ has continued its bullish run and while its not the intention to continually find setups against the trend, we must trade what we see.
ABCD/EXT sell limit using our ATR for stop loss to capitalize on what could be a quick 1:2RR corrective wave
Probability of success 75%
GBP/USD Create ab=cd Wave Pattern
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AUD/USD Wait to pullback on Supply Zone. Then SELL .......
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
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A trend trading setup that might go BIGEURUSD is on a Bullish Trend in the higher timeframe, so this week, I'm waiting for a Buying Opportunity within the pair.
The AB=CD harmonic patterns also align with the 4-hourly chart's support level.
With that confidence in place, trading confirmation like the 3-bar reversal is necessary.