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Harmonicpattren

BTCUSDT > Can We Close Above $18000 Soon!?Analysis of #BTCUSDT Hi traders, today we will have a look at #BTCUSDT Bitcoin recently tried to close above $18000 and failed, we can expect that the market will try again, but first, it may pull back to reload with more buyers and try again to close above $18000 which will be very positive for this market, and crypt market in general. looking to the left side of the chart you can see we are trading inside the wick of a bearish candle, this is part of the reason why I think the market will all down first before it tries again to close above $18000, another reason why I don't think the market will take major move is that we have FED news today. but I do think after FED we might get back and try $18000, I am interested to know what you think. I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
Long
by TheTradersAvenue
44
AUDCAD > The Place Place for A Sell or A Buy!!Analysis of #AUDCAD Hi traders, today we will have a look at #AUDCAD The AUDCAD recently broke its resistance zone, which I suspected would happen due to the recent drop in the oil market, and now it became its support level you can see on my chart. we now have two levels to look at, first one is the support zone which will be I expect will be a demand level and we can look for abuy the market to show a bullish reaction and provide a reason to get in buy entry. the second level is near the structure resistance zone which I believe the market will show us a bearish reaction and will be a good level to start looking for a sell entry if the market provided a reason to get in a sell entry I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
by TheTradersAvenue
28
EURUSD > Possible More Upside Movement!!Analysis of #EURUSD Hi traders, today we will have a look at #EURUSD The EURUSD keeps providing these beautiful breakout patterns one after the other last time posted a triangle on EURUSD and it moved as I predicted, now the market already provided another triangle pattern, which I could not take due to CPI news yesterday. As you can see it also broke to the upside, and you know today we have major FED news coming, and you can be sure it will move the market today, anyway, I still expect the market to move to the upside as the dollar will start unwinding 2022 upside move, which will be good for EURO I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
by TheTradersAvenue
5
USDCAD > Perfect Place for A Buy Entry!?Analysis of #USDCAD Hi traders, today we will have a look at #USDCAD The USDCAD trend is o the upside as you can see on my chart, we can partially relate that to the weakness in the oil market. looking at the chart you can see I have a clearly defined trend line trendline support lining up with the previous structure support zone which will be perfect to look for a buy entry with good reward to risk I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
by TheTradersAvenue
2
Perfect automated detection of Cypher & Shark PRZ - ShortA bearish-type big Cypher pattern occurred within the resistance zone of 1.4590-1.4770. (In this resistance zone , there was a rebound in Oct 2020, Jul 2020, ...) If the price rises to 1.4837, a bearish-type Shark pattern could occur. Short after seeing the rebound. At that time, be careful of re-inversion in the support zone of 1.3870-1.4230. *Harmonic patterns and support/resistance zones are automatically detected using the indicators below. - Harmonic auto-detect PRO - Support/Resistance Zone Auto PRO
Short
by HarmonicLab
1
OCEANUSDTHello Dear friends On higher time frames, if our downward trend line breaks upwards, there is a high possibility of price advance. Keep in mind that for the harmonic pattern to be valid, the uptrend must be above the $0.3413 range. It is important to maintain the range of $0.1397 and if the range of $0.2466 is completely consumed, it looks like we have a head and shoulders pattern at the end of the downtrend and the descending channel. We would be happy to hear your comments
OLong
by FiboTech
3
EURNZD > A Nice Triangle Pattern, Breakout Soon?Analysis of #EURNZD Hi traders, today we will have a look at #NZDCAD The EURNZD forms a nice triangle pattern, as you can see we have multiple touches on each side. one way to trade this pattern is too to trade the consolidation inside the trendlines, the other way is to wait for a breakout and trade in the direction of the breakout, which is what I like to do. I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
by TheTradersAvenue
18
PayPal (PYPL) ... 3 PossibilitiesPayPal (PYPL) managed to return 30% in the first half of November 2022 and then gave it all back. Obviously going forward there are three possibilities: a) PYPL-Breaks dotted red line and traces out a Bullish Butterfly pattern with its point D being ~ $64 b) PYPL-Holds Bat D ~ $71 and traces out the same targets of the old Bullish Bat Pattern. c) PYPL-Continues sideways While we will most probably be hostage to J Powell and the Fed bullies until next week, I would presently handicap the probability of each outcome as: A) 30% B) 55% C) 15% No position here...I'll let the price action direct me and get back. As usual this is not investment advice... do your own due diligence! S.
NASDAQ:PYPL
by Steve666
17
EURNZD > A Fantastic Bearish Harmonic Bat Pattern.Analysis of #EURNZD Hi traders, today we will have a look at #EURNZD The EURNZD is similar to my previous analysis on the USDCHF we have another beautiful bearish harmonic bat pattern that may or may not come, but we can set an alert that reminds us if it is ready for entry. Entry rules would be either a limit order at D leg completion or pausing for conventional entry at the structure resistance zone, getting confirmation the market turning bearish, then entering sell trade I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
Short
by TheTradersAvenue
31
USDCHF > A Bearish Harmonic Bat Pattern!!Analysis of #USDCHF Hi traders, today we will have a look at #USDCHF The USDCHF might be forming a bearish harmonic bat pattern that might complete soo to provide us with a reason to get into sell entry soon Entry would be either a limit order at D leg completion or waiting for conservative entry at the structure resistance zone, getting confirmation the market turning bearish, then entering sell trade I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
Short
by TheTradersAvenue
26
GBPNZD > Bearish Bat Pattern, Good for A Sell..Analysis of #GBPNZD Hi traders, today we will have a look at #GBPNZD The GBPNZD has been moving sideways for a while now, and when the market moves like that, my favorite way of taking them is using harmonic patterns. looking at my chart you can see I have a bearish harmonic bat pattern that might complete the D leg soon near key market level 1.9400, which I like to see. Entry would be either a limit order at D leg completion or waiting for conservative entry at the structure resistance zone, getting confirmation the market turning bearish, then entering sell trade I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
Short
by TheTradersAvenue
30
AUDUSD >Advanced Analysis for Buy Entry!!Analysis of #AUDUSD Hi traders, today we will have a look at #AUDUSD The AUDUSD might be in corrective waves before resuming a move to the upside, while I am no expert in Elliott wave theory, I have some basic knowledge of the waves. the market might continue correctly downward to complete the ABC correction wave, the best move would be if the market corrects to complete an equal move to the downside near 0.6600, which is Fib 1 Extension. if the market drops further to my zone I will look for a reversal pattern on the lower time frame to get in a buy trade in anticipation of a further move to the upside I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
Long
by TheTradersAvenue
23
GBPUSD > Strong Buy Signal Might Be Coming Soon!!Analysis of #GBPUSD Hi traders, today we will have a look at #GBPUSD GBPUSD following my previous analysis of GBPUSD I am still looking for a buy in this market if the market drops further to the downside. as you can see we have a trendline support level, also FIB 1.618 inversing, and FIB 0.786 retracement all lining up near critical market level 1.2000 which will make an excellent level to look for a buy entry if the market test this zone I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
Long
by TheTradersAvenue
6
AUDUSD > Straightforward Traditional Triangle Pattern!!Analysis of #AUDUSD Hi traders, today we will have a look at #AUDUSD The AUDUSD is similar o my previous idea on EURUSD a straightforward traditional triangle pattern with confirmation, as we have broken the trendline resistance and now started to move back down. you can drop a one-time frame and look for a reversal pattern at resistance to see if other trades are also looking for what you are looking for, and if there is interest in buying it back. if the maker doesn't provide a reason to get in at trend line resistance, usually what will happen is the market will drop to make another test of trend line support, which will make a good buy entry to target 0.6900 I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
by TheTradersAvenue
26
EURUSD > Possible Continuation to The Upside!!Analysis of #EURUSD Hi traders, today we will have a look at #EURUSD The EURUSD forming a simple classic triangle pattern which usually indicates more upside coming might be triggered tomorrow by NFP news. The market so far failed to close above trendline resistance and might be coming down for another test of the trendline support level near 1.0400-1.0350 which is where i will look for abuy entry if the rules for entry are met, usually, breakout patterns have high hit rate, that's why i will be keeping a close eye on this pattern. I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
Long
by TheTradersAvenue
19