AB=CD (BEARISH)AUDUSD has formed an AB=CD Bearish Pattern on its hourly chart.
The price is trading below the entry level EL: 0.70991
ST: 0.71425
Targets:
38% AD: 0.69824
62% AD: 0.68826
AB=CD
AB=CD (BEARISH)AUDUSD has formed an AB+CD on its daily chart.
The price is trading above the EL: 0.70958
ST: 0.71665
Target1:
24% AD: 0.69798
Target2:
38% AD: 0.68631
Bitcoin Analysis [January 28, 2022]Fibonacci retracement tool and trendlines were greatly implemented in analyzing this one (1) week candlestick timeframe (TF) chart.
A new support line is drawn to which was respected. FIB3 and FIB4 are also redrawn. We therefore have a new FIB4 take profit zone, but before smashing that price, we should be looking forward to a crazy reaction at FIB4 50.0% zone and its 100.0& zone.
The support line will be considered invalid if it is successfully broken to the downside with a close of a candlestick.
Either FIB3 and FIB4 will be considered invalid if price drops below 100.0% and 0.00% respectively.
Kindly note this is not a signal group. This article is for educational purpose and not a financial advice. As we know, the cryptoverse is a highly volatile ecosystem. Do your due diligence.
VERY BEARISH! have a look at this....1. Bearish bat formation completion at daily resistance level.
2. Ascending channel completion at daily resistance level.
3. Equal measured move completion at daily resistance level.
4. Daily resistance level previously respected.
5. RSI (7) strongly overbought.
ABCD Harmonic Long GBPUSDABCD Pattern triggered to long GBPUSD from the OB+ to the targets highlighted on the right
ABCD Long on SilverABCD Harmonic pattern to long Silver from the PRZ level to the TP highlighted on the right
USOIL has stong bearish indicationsUSOIL make the double top and AB=CD pattern which verify its downtrend starts soon.
Sell at 80.57
TP 78.50
SL 81.50
258pips of profits that you had missedIf you have missed the Bearish ABCD Pattern, you would have missed 258pips of profits. One of two ways you can do this is to wait for the market retest at 1.7979 and ensure an RSI Divergence with a 3-bar reversal before engaging the trade.
SILVER - One more move lower. OANDA:XAGUSD is looking to go lower to 19.00 but are we going to 23.00 first then selling from there.
If we get below 21 then we are on our way but a rally from here would see 23.
Smaller TF there is an ABCD and a Gartley where it is now.
I hope this helps. Enjoy the day.
UK100 BuyUK100 has bounced back and is currently in buying zone. Moving towards 8200 which may be the point of reversal according to ABCD harmonic pattern. SL just below last support 7860.
BTCUSD - Bearish ABC LTF - Target PracticeThe current BTC correction looks like an incomplete ABC, nearing the end of the B wave. (Only referencing the ABC for descriptive purposes. The start of this correction, at the peak of the likely 2-month long impulsive motive move, appears to have a flat making for the W of a likely WXY. So, if this is the X wave in the correction. Perhaps we're due for another leg down.)
AB=CD (BULLISH)AUDUSD has formed an advance harmonics pattern on its hourly chart.
The price is trading below the EL: 0.67242.
ST: 0.66923
TARGETS:
38% AD: 0.68242
61% AD: 0.69033
79% AD: 0.69033
Reason for Bitcoin Bump from 23900 to 22000AB=CD (Bullish Pattern for Price)
BC = 0.618 Retracement AB
D = 1.618 Extension BC
1.27 AB = CD (Time Projection)
When time Projection was on 100% , price only Retraced 38.2% AB and it shows weakness for buyers so AB=CD Price Pattern completed on 1.27 time projection.
FTM>>> Bat Pattern (Buy signal)Hello my friends
As clearly mentioned on the chart we have a Buy signal after the completion of the
BAT Pattern
Target is mentioned on the chart
Do your own analysis
All the best in your trades my friends
**** not a financial advise *****
