GBPUSD-Weekly Market Analysis-Nov22,Wk4It's amazing that for more than a week, the market trial along the tip of the ascending channel; shows that the market has hesitance to break and close above the channel.
That is excellent news, as I plan to short the GBPUSD off the Weekly Resistance Level. You could check the related ideas within the tradingview post for my lower timeframe strategy.
If a break and close above the parallel channel happens, I will wait for a candlestick pattern confirmation at 1.2572 for a Bearish Butterfly Pattern. The harmonic pattern has the potential to form within the next consolidation zone, which is great for extension patterns like the Butterfly Patterns.
Butterfly
Perfect automated detection of Butterfly & Crab PRZ - ShortA bearish-type Butterfly pattern occurred.
If the price rises to 1.6161, a bearish-type Crab pattern could occur.
Also on the daily chart, bearish-type BlackSwan pattern is occurring.
Short after seeing the rebound.
*Harmonic patterns are automatically detected using the indicators below.
- Harmonic auto-detect PRO
Perfect automated detection of WhiteSwan & Butterfly PRZ - ShortA bearish-type WhiteSwan pattern occurred within the resistance zone of 0.8900-0.8950.
If the price rises to 0.8976, a bearish-type Butterfly pattern could occur.
Short after seeing the rebound.
*Harmonic patterns and support/resistance zones are automatically detected using the indicators below.
- Harmonic auto-detect PRO
- Support/Resistance Zone Auto PRO
and another thingbeen watching this bullish cyphershark build for a while now...not to give the harmonic haterz any fuel but obviously they're not precise like your oscillators so variance in drawing (start dates and prices) can have a huge effect
but the idea is there
and if you consider a starting point of the covid crash, we're still in valid price zone and time zone (assuming time symmetry, which i'm not entirely sure is a thing?) - end of november would be complete
but price could still go way lower and it would still be valid, so NFA
really thought about it again bc we've formed a bullish butterfly recently...always nice to see nested matryoshka harmonics...and we're at my 2.72 pitchfan line
stay safe out there
Logscale Bearish Butterfly and Bearish ABCD Attempting RetestThis is a potential Logscale Butterfly at the PCZ of a logscale ABCD after declining 50 percent from the low to high of the Butterfly on the first attempt at breaking the PCZ. This may be the second attempt to break through the PCZ which if it fails could take us down much lower towards BTC's lifetime POC.
Btcusd ready to touch the floorHi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about BITSTAMP:BTCUSD
We can see formation of falling battern
So we are expecting a strong fall near support.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
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FTTUSD Times Twenty! An All-or-Nothing Bullish Butterfly!FTT where it sits today has no other Harmonic Fibonacci Level where it could possibly find support. If the 1.272 Breaks then it would have to go to $0 as there exist no fibs in between $4.725 and Negative Prices. I'll dedicate a fair amount to this position and see how it goes.
$PLTR Butterfly level Hey guys follow up my last pattern for $PLTR. . Please look for bullish price action in the box. Pin bar , Inside bar , engulfing bar would offer a small stop loss. Stop loss per pattern is just below 1.414 ext. . Aim for tp 1 and move stop to even (take 1/2 off$) Note a wick w pin off 1.414 or reclaim is bullish and pattern is still valid in that case. This is very high risk, (chart looks rough imo)
BTC/$ - Bullish Elliot Wave Structure w/ Harmonic ReversalBitcoin looks like it has put in extreme low on June 18th @ $17.5k and subsequent higher low, on Oct 13th @ $18.1k. This could be the completion of the first wave of a primary/larger impulsive Elliot wave up.
A butterfly pattern marked the area of reversal for the completion of a sub wave 3. It appears that a bat pattern may mark the point of completion for the 5th impulsive wave.
I have placed channels on this chart that appear to match the trend.
Note that there are primary, intermediate, minor, and minute waves drawn on this chart, in various places to illustrate the basic idea.
USDJPY-Weekly Market Analysis-Nov22,Wk2My analysis still stands, a bullish trend on USDJPY. My preferred trading opportunity lies in the Bullish Butterfly Pattern setup that is looking to complete at 143.96.
A candlestick pattern confirmation is required before heading in for a mid to long-term buying opportunity.
GBPUSD-Weekly Market Analysis-Nov22,Wk2Let me know if this analysis confused you. Comment at the bottom; I like to know.
The entire structure is on a bearish trend; there is an ascending channel that is shaded red, from that you know that my bias is looking for a shorting opportunity. As long as the market movement is kept within 1.1736, the bearish trend is considered very strong.
Failure to do so, I will patiently wait for the market retest 1.2572 for a shorting opportunity on the Bearish Butterfly Pattern setup.
SNXUSDT (1H) Butterfly HarmonicThe information contained herein has been prepared for general information purposes only. The comments and recommendations contained herein are based on the personal opinions of commenters and recommenders. It should not be interpreted as a buy-sell recommendation or a promise of return on any investment instrument. These views may not be suitable for your financial situation and risk and return preferences. Therefore, making an investment decision based solely on the information contained herein may not yield results that meet your expectations.
ES1! 1D BEAR Anti-Butterfly harmonicES1! 1D chart is showing a bearish Anti-Butterfly pattern with pt4 price target ~3200 level. AntiButterfly is one of the most intense harmonic patterns. Expecting a sharp and fast drop below 3500 to 3000-3200 levels.
Note: with BTC/ES1! correlation, this will likely bring btc at or below support at 18000 and alt coins to follow. BTC is currently 3/4 through the bearish Butterfly pattern, which also usually ends in a steep drop.
BTC 2D Bear Butterfly confirmedThe bear butterfly and ABCD Extension patterns that I called out in my previous post (extreme downward patterns) have been confirmed, here are the harmonic price targets. pt2, pt3,pt4.
It is plausible for BTC to bottom at 16500 or lower, probable to hit 18.6, and highly likely to hit 19.9.