Harmonicsignals
Why we are selling AUDUSD now The pair is really bearish but has had some movement upwards. It has reached strong resistance now and it losing steam on M15.
Stops are about 40 pips above 0.7125.
We also noticed that SPX, NAS and DJIA are showing similar weakness so expecting this to happen later tonight. When markets fall, AUD, NZD tend to weaken.
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!
USDCAD Buying trade for 150 pips profit (1:3 Risk to Reward) FACTS:
1) USDCAD is in a strong uptrend
2) This is seen in the daily and H4 charts
3) USD is still very strong but going through a retracement
4) There is a harmonic pattern completing around 1.2730 - 1.2740
5) Oversold in M15, M30 and H1
Let's wait for divergence to hop into this trade.
Good luck!
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.
LT - SHARK PATTERNThere is a formation of the Shark pattern on the daily chart of the Larsen & turbo.
The first Potential Reversal Zone of the pattern is at 1625-1636.
The second PRZ stands at 1550-1560
Keep an eye on price action around these levels for catching a reversal or pullback trade.
Weekly support of the stock also coincides with this pattern, making it an important formation.
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.
EURNZD > Bearish Harmonic Bat Pattern.Analysis of #EURNZD
EURNZD almost completed this fantastic bearish harmonic bat pattern, we could see the D leg completed buy today
if the EUNZD completes my bat pattern I will then look to get in a simple sell trade with a good risk to reward if the rules for entry are met
⚡ Be aware that due to the global tension we currently live In, markets are not following or respecting chart patterns and technical analysis.
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ROKU small drop then big pop - using harmonics and wolfekraftLook for a drop to around 104 (102-107 range = bounce zone) to start next week, followed by a pre-earnings run to 130s, then earnings pop/continuation to low 160s. After that it will be time to get short for a drop back to 120s-130s (will revisit and adjust for precise levels along the way and send updates).
Logic :
- My model for overall market (in sync with crypto) is for a small decline early next week- SPY 432 - and then upside through April 29-May 11 - SPY 450-455... after this expecting final leg down of bottoming structure (~ SPY 400-415 by late summer/early fall) to complete bottoming structure prior to starting a bullish impulse wave to new highs into 2023. The math for ROKU aligns with this direction and timeline, and so do a lot of other names!!
- Correlation to NFLX has been a thing for ROKU in the past - my model for NFLX expects Bullish Earnings price action (earnings this week)... pop and continuation to 400s by early May followed by drop back to 350ish. This schedule indicates ROKU will bottom (locally) prior to NFLX earnings release and then begin its own pre-earnings run up.
Chart :
- Completed Bullish Navarro 200 harmonic March 15th at the 98 level. The " enter long " for the start of retracement to 272 (pt1, expect by 2023), 500 (pt2, later...), 732 (pt3, like 3-5 years probably) is sustained run above 137
- Post-Navaro ROKU completed a Bearish Shark (semi-major) Harmonic and hit pt1, pt2 is 104
- I am noticing a larger (major) Bearish Harmonic* forming that will complete C near the 104 level, and would complete with a run to D = 161-168 {(*) could be any of the following: Max Gartley (most likely), Max Bat, Leonardo}
- Also noticing a (minor) Bullish Harmonic** forming in conjunction with (*) - (**) would complete D around 104 and have a 1.618 retracement to 161 and is likely a harmonic known as a TOTAL 1
- There was a bearish wolfe wave end of march with 1-4 projection/support still needing to be hit to complete downside move. This aligns with the 104 level early this coming week (4/18-4/20)
- There was a bullish wolfe wave that broke out of channel end of last week and will need to re-test top of channel before running to 1-4 projection/resistance... guess were the top of channel retest level is... hello 104 (again). Note that options are priced for move to 103-121 next week, 104 makes sense in alignment with chart structure.
Prediction: :
- Based on the above info, if ROKU bounces around 104 early next week my max initial target going into earnings is 139 in the right conditions (i.e. NFLX gets big earnings pop, market starts bullish run into May) - 139 would means 1-4 wolfe projection/resistance is hit by around Apr 25-27th , ROKU earnings is Apr 28. If this happens that would trigger enter long (above 137) on the retracement for major Bullish Navarro 200. A more conservative initial target is mid 120s going into earnings, this would save some room to continue to 1-4 projection post-earnings.
- Target by May 10 is 161
- Expectation after target is drop from 161 to test the 137 entry level. This drop would be in sync with expected market bottom. Depending on when Market bottom and where, ROKU could drop further than 137 in accordance with (*).
THIS IS NOT FINANCIAL ADVICE, but if you're curious how I am playing this:
- looking to enter Apr 29 120.00 calls and May 13 130.00 calls IF ROKU bounces from 104ish early next week. Would take profits on the Apr 29s before the earnings release if my prediction materializes, and let the May 13s ride to target.
Bless you all, let me know your thoughts.
JASMYUSDTJASMYUSDT
0.166 level is a cluster between a Daily and 4 Hrs demand zone, we may
rebound from this area to reach 0.022, that's the first scenario,
the 2nd scenario is to bounce a little bit from 0.016 and go back to
it to break it and reach 0.012 level where there are Weekly and Daily
Demand zone cluster, and from there we will bounce to reach 0.0262
XAUUSD ShortTime Frame: 4H
Symbol: XAUUSD
Entry: 1979.427
TP: 1882.027
SL: 2040.831
Bias: Short
For Gold our expectation is bearish and we are planning a short trade. As we see the current bullish price move is a discrepant accumulation of upward momentum which will be inundated by a new down surge soon.
BNBUSDT > The Possible Two Scenarios!!Analysis of #BNBUSDT
BNBUSD has not been able to provide us with a confirmed close above trend linen resistance ear 440, as you can see traders tried many times to bring the market above tren lien resistance but they failed to do so.
the possible scenario is, that we could see a retest to trend line support near 350 which will represent a valid buy entry-level.
however, if the market closes above trend line resistance with the momentum we can then look to buy targeting the next level of resistance.
⚡ Be aware that due to the global tension we currently live In, markets are not following or respecting chart patterns and technical analysis.
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
Bitcoin Bullish Bat Harmonic Long attempt 1H Time frame — We are currently showing a Bullish Bat harmonic. Systematic tests have shown the Bat pattern success rates to be 89%-95%.
If a Bat fails - it can often "morph" into a Crab Pattern where the D point exceeds the X point.
Invalidation is small and we have confluence at #CME gap for a fill and a pump. Last day of the week and the beginning of the month.
good luck traders and use proper risk management.
Link in my bio if interested in more BTC or any other market Analysis
bitcoin likely downCurrent Range levels:
1) 3.618 to 5.618 (at maximum)
2) 4.236 to 5.236 (concentrated)
Near Points of Thick liquidity:
Should be noted, old liquidity can easily be shredded with enough momentum.
a: 55k & 53k
b: 30k
-
Cases for touching "a" first:
1) When BTC.D begins to drop bitcoins price historically rises, on daily BTC.D has had a lower hight and is possibly in the process of a "drop".
2) Multi day Bullish harmonics (anti-butterfly)
3) Double bottom still possible if price closes above 55k
4) We are still preforming higher lows, fighting well against the sell off.
Cases for touching "b" first:
1) Daily fishers that have touched 0 are beginning to curl down. Those that haven't yet, are too curling down.
2) Wicks suggesting greater sell off confirmed by multi exchange depth "charts"
3) Weekly Bull trend support rejection
4) Any trend above 2D Is bearish (excluding 3W and above)
I call for b to be most likely.
The Entire Forex Market Gets Predicted By Aaron Truth aka WallstThe Entire Forex Market Gets Predicted By Aaron Truth aka Wallstreet aka Cookie.. Yes, that was my nickname over the years working as Stockbroker. I am from the stone age of Wall Street to the young cats out there, Yes.. NYC We don't hope, we trade. I give you what my calls have been the past month and this is exactly why I made 50% growth in my account since Jan 1st 2022 approaching $500,000 in Forex trading profits. Pick any trade you like and contact me when it hits target I can show you how I did it. I will later post tutorial videos and trading predictions here on TradingView. I also allow for traders to link to my account and copy trades after they have seen my strategy WORKS! It always works. Enjoy the video.