Bitcoin is currently in a weekly Shark pattern, suggesting a potential pullback to complete the 5-0 pattern. We could see a move towards the T1 zone at $45,703 - $43,000. 5-0 Pattern: This pattern often follows the Shark pattern and indicates the completion of a corrective move after the initial reversal. The 5-0 pattern has a distinct structure, starting from...
Hello & Welcome to this analysis The outlook has been down from quarterly, monthly, weekly & daily chart study. Its been in a 2 years downtrend, now near a support but yet to give any reversal confirmation. If this level of 700 fails to hold the next major support comes in at 600. Overall its a wait and watch stock even from a bounce back point of view
Hello & welcome to this analysis on OIL INDIA In the weekly time frame it has activated a Bullish Harmonic Sea Horse pattern suggesting possible continuation of rally till 325-350 in the medium term The pattern would be considered negated below 200 A decent good risk reward set up Good luck with investing
Hello and welcome to this analysis In the monthly time frame it formed a Bearish Harmonic ABCD in JAN 2022 near 590 and since then has retraced 62% of its last leg. In the weekly time frame it has formed a Bullish Harmonic Gartley around 315 suggesting the correction is most likely over. It can be a good stock to accumulate between 330-370 for upside levels of...
Hello and welcome to this analysis Syngene has activated a Bullish Harmonic Gartley in daily time frame today. It could bounce back to 560-570 as long as its above 531 Good risk reward set up at the current level Happy Investing
Hello and welcome to this analysis DLF has initiated a Bullish 5-O Harmonic Pattern in this pullback. It could do in the short term 370-380 and 475 in the medium term as long as it does not break below 340 Bullish Harmonic 5-O patterns are spotted in pullbacks which make higher lows and thereby continuation of prevailing uptrend. Happy Investing
CADCHF is marching up but there are a few reasons to short it now. 1) The H4 is OB 2) H1 is OB 3) M30 and M15 are showing divergence We will exit as soon as M15 is oversold. There is also a few harmonic patterns at this level.
Hello and welcome to this analysis UKOIL (Brent Crude) is approaching the PRZ (Potential Reversal Zone) of two bullish harmonic patterns, AB=CD and Gartley near $85. This level also coincides with the monthly Ichimoku Base Line support. The expected rally from the suggested levels could take it towards $115 In case the up-move takes place before completion of...
From the failed Bullish Butterfly pattern, I've realised an undercover bullish ab = cd hiding within the pattern. Looking at the the higher time frame, I see the pair is sticking with the predominate uptrend with some minor corrections along the way. I've started to back test a new strategy that has taken the harmonic approach to a world of unprecedented accuracy...
Hello & Welcome to this analysis Maruti has activated a Bullish Harmonic 5-0 Pattern suggesting upside till 8500-8600 with strong support now at 7800. Harmonic 5-0 Patterns are not found so frequently and their success ratio is quite high. Happy Investing
btc in 30m timeframe finished a flat wave 5 completion and formed a bearish divergence it also formed the leg c of a bullish harmonic pattern
#BTC Daily Bearish Butterfly. Is it possible to get a 100% IPO completion to T3. Lets Go!! Happy Trading Everyone!!
Hello Welcome to this analysis on Bank Nifty and Kotak Bank On the hourly chart Bank Nifty appears to be ending its 5 waves up from Aug 23rd lows (this can stretch to 38000) Kotak Bank in daily time frame is at a Bearish Harmonic AB=CD Pattern along with 1.27x its Fibonacci extension of the IHS breakout. (this can stretch till 1925) Both can cool off a bit from...
It has activated a Bullish Harmonic Cypher which is suggesting a pullback till 500-520 as long as it does not breach 470
A Bullish Harmonic AB=CD reversal was met by a slanting trend-line resistance which lead to a dip towards 88% retracement with the likelihood of a double bottom activating a Bullish Harmonic Shark. This up move can go till 225/235/255 as long as it does not break the lower base formed when the AB=CD was made. Harmonic Patterns are based on Fibonacci ratios which...
Okay, so this is my first time posting a pattern with the HPC Software from Scott Carney i have had the software for quite sometime now, but hardly use it or even have it turned on... i just feel like i can pull patterns better than the software can. either way here on the Euro Aussie we have a bearish Gartley on the daily. the pattern has completed, and we have a...
As I'm going through my chart, I've spotted a unique long shadow candle on the 1hourly chart(left), not only the candle was long, it just touches the resistance level, you may plot your own chart to see the full story. A pretty cool setup that the software and I both spotted on the 1-hourly chart(right), the harmonic patterns - bearish crab pattern with the...
A counter-trend setup on the USDJPY trade, pending order, has been placed to capture the bullish bat trading opportunity.