Abcpattern
XAUUSD ABC BULLISH PATTERN XAUUSD has formed an abc bullish pattern on its hourly chart.
The price is trading below the entry level 1949.775.
ABCs patterns are only valid when the price closes above the entry level with a confirmed uptrend.
GOLD ABC BULLISH PATTERN
WALL 1971.199
💼EL 1949.775
⚠️SL 1938.752
🎯TP1 1990.972
🎯TP2 2004.886
🎯
XAUUSD ABC BULLISH PATTERN XAUUSD has formed an ABC bullish pattern on its daily chart.
The price is trading the entry level 1918.929.
ABCs patterns are only valid when the price closes above the entry level with a progressive uptrend.
GOLD ABC BULLISH PATTERN
WALL 1976.343
💼EL 1918.929
⚠️SL 1887.910
🎯TP1 2029.302 61.8% BCD
🎯TTP2 2067.311 78.6% BCD
DOGE ab=cd or H&S#DOGE/USDT
$DOGE is at support of 0.5 and 0.618 fib level of last swing high.
🐮 holding this support that is the same with ascending support line will head up price toward descending resistance and break out from this resistance will increase price to resistance zone between $0.2 and 0.22 to complete AB=CD pattern.
🐻 there is a head and shoulders pattern that rejection from current resistance or resistance zone that is the same with descending resistance, and break down from neck line of this pattern around $0.135 will drop price to $0.1
EUR/CAD: ABCD bearish pattern formationEuro/Canadian Dollar forming an ABCD bearish pattern and made a key break out that we could to short Euro in front of Canadian Dollar too. Alo, there're a lot way that we can to short, because we forming a bearish rising wedge too with the price action indicating sell inminent.
This it's the H4 timeframe and we see an ABCD bearish pattern with all Fibonacci measure what I calculate it.
You can to put a sell order limit to $1.3697 CAD and SL to $1.3737 CAD (37 pips) and target to $1.3598 CAD (101 pips). This it's a risk/benefit 1:2.
Good luck!!!