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Harmonicsignals

RelianceHello and welcome to this analysis on RELIANCE INDUSTRIES On April 29, 2022 it completed the formation of a Bearish Harmonic Alt Shark Pattern indicating a reversal in the daily time frame. Currently it has completed 50% of that retracement and formed a Bullish Harmonic Alt Shark in the Hourly time frame suggesting a probable bounce from here. A pullback of this Bullish Harmonic Pattern could probably take it to 2600-2650. Pattern will remain valid till price is above 2435. Harmonic Patterns are based on Patterns which come inline with specific ratios for reversal trade set ups.
NSE:RELIANCELong
by Dinesh_C_Nagpal
2
USDJPY - The great 1000 pip SHORT coming up USDJPY has been a raging bull and moved up quite quickly. However everything that goes up finds it way down. Here are the reasons the bull run is over. 1) There is a huge harmonic pattern in play now. 2) Monthly, Weekly, Daily RSI are overbought 3) Daily Divergence is in play. The trade will not happen immediately. We need to observe this for about 2-3 weeks to be sure that there is absolute weakness. Until then, I will continue to go long as the trend is up. Whenever the JPY strengthens, the Stock market sees huge declines. All the JPY pairs are showing weakness as hinting at a JPY strengthening. We have seen this in AUDJPY, NZDJPY, EURJPY and GBPJPY. CADJPY and CHFJPY are showing weakness now so all stock traders should be wary of "SELL IN MAY AND GO AWAY". Good luck!
Short
by JavonDias_Trading
SPX headed to 2176 SHORT NOW (reload)I use harmonics to find all market structures. This gives me clear direction and key levels of reversals throughout. Very sound principles can be gleaned by this. EVERY target I set gets hit, with 100%accuracy. I encourage any of you who are having difficulty looking into using harmonics to grow your account. I can show you more if you wish to learn how to use them. I will be posting more lessons and videos throughout this year. Stay tuned. Message if any questions.
SP:SPXShort
by TruthakaWallStreetakaCookie
1
Missed 220 pips on USDCAD? Here is your chance to sell it now Last week we picked the USDCAD bottom really accurately and it moved from 1.2490 to 1.2710 effortlessly. The move even caught us by surprise and we only netted 80 pips. Now this pair is overbought and looks ready to be shorted. 1) H1, M30, M15 is OB on RSI 2) Divergence showing 3) Last week's high will be resistance. Won't be in a hurry to short this though. It will need to show us that it is willing to come down and this should be most visible by Monday evening SG time. If this happens, we can have a tighter stop loss and target 1.26 as our initial profit level.
Short
by JavonDias_Trading