Harmonictraders
AUDNZDIs AUDNZD getting bid after massive sell rally?
As the price is been on strong bearish trend but now it seems like price is getting some bullish momentum after reaching at support level and simultaneously has completed bullish harmonic pattern.
If the bulls took control , the 1st target could be 1.07500 followed by 1.0800.
What you guys think of it?
EURCHFEURCHF is trading in ascending channel and printing consistent HH HLs. and is about complete ABCD pattern at strong daily support level. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level.
If the buy momentum continues the next target could be 0.9500
What you guys think of this idea?
Missed Idea shark pattern AUDJPY short setupThe same applies every time I look for entries with that shark pattern, I first look for an ABC PATTERN. Then set the fib tool to identify pull backs.. sit and wait for the market to give me a signal and take the trade.
I've passed funded accounts with this method and still doing it. i usually aim for a 1:2 or 1:8 RR it really depends
Harmonics don't work...Here's how I find my set ups I thought I'd share with you guys the process I use to find my shark setups, this is a strategy I've back-tested and tested several times. I must say textbook harmonic talk poop, the values I use work but the set-up I see written for the shark uses different values. I noted this and thought about it for a minute - then I said so can I break the rules or amend it, because what I see is making sense but following the book is frustrating me lol...
I mean it got through to me through multiple accounts including personal and funded accounts - (side note I'm not rich) hopefully this helps to to understand how I spot moves.
As long as you journal then you have a chapter to start from and that 1!!!!!
Missed Trade on Shark EURJPY no pressure theres always moves!So based on my last theory I got clipped, there was a lot of news combined with heavy consolidations within price. For me that's a no-go to trade, I saw this set-up and thought mehn! but it's okay.
A Strong confluence to confirm is the reversal wedge pattern in the (D ZONE) between 2.00 and 2.618 amongst price action.
NFLX / 1H / TECHNICAL ANALYSIS NASDAQ:NFLX I expect a bullish movement towards the 518 level if the resistance zone at the 503 level is breached and there are candlestick closures. Our support level is at 461.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
EURNZDIs EURNZD getting fueled at strong support level?
As the price is been on strong sell side but now it seems like price is getting some bullish momentum after reaching at support level and bullish divergence suggesting the buying pressure is about to start.
If the bears took control , the 1st target could be 1.7875 followed by 1.8200.
What you guys think of it
Crypto101 - Trading Harmonic Bats 🦇Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
A quick masterclass video today on bullish and bearish Harmonic Bat Patterns. How to use them, how to determine the entry point, where to place stop loss and also setting up 3 take profits points for shorts and longs.
Interested in altcoins that could go parabolic during the next bullish cycle? Please scroll through our page, I've been focusing on Altcoins that are trading in their macro accumulation phase - this is when the Fibonacci Retracement is pulled up from the FIRST ATH to the lowest LOW afterwards, and extended to the right. All of these alts are trading between 0 and 0.236 , which make them excellent choices for low risk high reward setups.
Have a great weekend, the charts will be here on Monday 🥂
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AUDJPY Short for 1:5 Risk to RewardBuying YEN has been a risk for the past few months. In fact, it is the best time to go to Japan as the YEN is super weak.
Having said that, we have a good opportunity to sell AUDJPY now. The risk rewards makes sense and here are the reasons.
1) Daily Divergence is present
2) There is a harmonic pattern to sell at 98.50
3) Strong resistance
Stop loss would be just 30 pips and we are targeting about 150 pips in rewards.