USDJPY Daily is trading above 50MA. The Broadening Wedge could be the extension of the bullish momentum, targeting up to 100% of Fibonacci Extension. 117 to 118 level. The minimum 161.80% D leg of Butterfly is also agree that this broadening pattern is bullish.
Tata steel is approaching their major support area . Level is 200 Rupees . Investors can Open a long positions from this level
Two possibles target, AB=CD H4 EUR/JPY SELL, at the same time is making a double top and level at 133.00
We have seen price exhaustion at 1.2 Possible pullback on higher TF Head and Shoulders formation Entries at 1.95 retest Closes gap Target 1 @ 1.1775 Target 2 @ 1.7
As a followup from earlier, we have now retested the aforementioned patterns with PRZ between 2280-2290 and an exact ABCD @ 2320. (I incorrectly mentioned 2310 in original post.) Regardless, the Terminal Bar traded as high as 2330 as the price action hit the PRZ. Remember, harmonic patterns have two reversal classifications : Type-I = Reaction to 382/618...
Short NZDUSD in Butterfly and ABCD pattern
GC1! / GOLD / XAUUSD / GCM2017 / Bearish gartley Hamonic pattern Head and Shoulder pattern price neck line breakout and pullback ZIG ZAG PATTERN 61.8% / 161.8 GC1! FX_IDC:XAUUSD GC2! GCM2017
GC1! / GOLD / XAUUSD / GCM2017 / Bearish Gartley Hamonic pattern Fib 78.6% Head and Shoulder pattern price neck line breakout and pullback ZIG ZAG PATTERN 61.8% / 161.8 GC1! GC2! FX_IDC:XAUUSD COMEX:GCM2017
Hamonic Bat Pattern Bearish orange color Hamonic Alt bat Pattern Bearish orange color Motive wave Small Elliott wave 5 Big Elliott wave 3~5 --> Big Elliott wave 1 hamonic pattern Gartley --> Small Elliott wave 1 & Big Elliott wave 2 Hamonic pattern Gartley => Da Corrective wave small Elliott wave 5 -> Expanded flat & Hamonic pattern crab...
WTIUSD / USOIL / CL1! /CL2! / * PATTERN Ascending Triangle *Elliott wave Corrective wave ABC => Corrective wave Elliott wave5 (ABCDE) *Hamonic pattern Gartley *UPtrend! CL1! CL2! USOIL WTIUSD
on the EURJPY 60min chart I spotted a potential Bullish BAT. The completion of the Bullish BAT Pattern offers a trading advantage and a chance to buy the EURJPY . Target 1: 38.2% Target 2: 61.8% Note: Just my Idea.
on the EURUSD 60min chart I spotted a potential Bullish CYPHER . The completion of the Bullish CYPHER Pattern offers a trading advantage and a chance to buy the EURUSD . the D Leg terminates near the 61.8% of the Daily Fibo retracement. Note: Just my Idea.
Long trade: Active Targets: 38.2 - 1.32327 61.8 - 1.33137 Stop loss: Below previous structure
UXY is formed like Bat Price Patterns. To sell between 97.7 to 98, with a stop 98.6.
This pair is in an uptrend on the daily. I will be looking to follow the move upwards with these two patterns (Cypher and Bat) We are already experiencing oversold conditions and have some structure looking left. Cypher pattern: Entry: 0.75646 TP1: 0.76641 TP2: 0.77287 Bat pattern: Entry: 0.755316 TP1: 0.76461 TP2: 0.77178 Feel free to like and follow
UJ found resistance at the 0.88 D leg of a bearish Bat pattern on the 1 hour chart. With the break of the trend line associated with the recent up move and the MACD/Stochastic crossovers, this could result in a nice retracement. SL: 114.80 TP1: 113.277 (.382 retracement) TP2: 112.395 (.618 retracement)