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Harmonictraders

GBPUSD, The Impending ShortWe’re coming up towards the end of the final push, push 3. Looking back at the H4 timeframe, there is a Shark Pattern near completion. The D point of this Shark Pattern aligns with the long term resistance as well as a psychological whole number 1.24. There are other methods that also support the theory that price may reach the 1.24. The ab=cd pattern suggests price can continue to rally on towards the 1.24. Mentioned previously today, there was a 15min Shark Pattern which later came back to do a type 2 reversal that gives a trader a second entry to ride towards the 1.24. We may see a completion of the price objective by Wednesday next, until then sit on your hands and wait for price to do it’s thing. Beaucoup Out.
by BeaucoupPips
BTC-USD: POSSIBLE REVERSAL| LONG SETUP | HARMONIC TRADE|ONE HOURThis trading idea is designed to capture the reversal trend using Harmonic Pattern Technique. BITCOIN (BTC) is moving in a Bullish direction and is expected to take reversal from Potential Reversal Zone (PRZ) shown in the chart. Bearish AB= CD Harmonic Pattern is used to identify the projection from its current price whereas Long Trade Setup is given to grab the trade opportunity before the reversal of the instrument. However, only TP1 is suggested at present due to expected reversal from PRZ if Divergence will be observed at PRZ. Presence of Divergence is negative at the current price level which can further lead to bullish movement of BTC-USD pair till PRZ.
BITSTAMP:BTCUSDLong
by haroonsiddiki
GBP-JPY: POSSIBLE REVERSAL| SHORT SETUP | ONE HOURThis trading idea is designed to capture the reversal trend using Harmonic Pattern Technique. GBP-JPY is moving in a bearish direction and is expected to take reversal from Potential Reversal Zone (PRZ) shown in the chart. Bullish AB= CD Harmonic Pattern is used to identify the projection from its current price whereas Short Trade Setup is given to grab the trade opportunity before the reversal of the instrument. However, only TP1 is suggested at present due to expected reversal from PRZ.
Short
by haroonsiddiki
GOLD H1Hello traders, GOLD is setting up for a downside move watch GOLD according to your own trading system or strategy and look for a short position trade setup opportunity. I am currently watching price to hold around mentioned area and looking price movement for a short position setup, if price break the mentioned high then this setup will be invalidate. This is just analysis, not the exact trade or any kind of signal that proven with wining or losing % so be sure trade with your own according strategy do not depend on my analysis. I wish you good luck in trading.
OANDA:XAUUSDShort
by TheLoserMan
1
AUDJPY Bullish Persuasion Round 2 On my previous AUDJPY analysis, unfortunately I got wicked out, however, I remained patient and another setup arise. This bullish Bat indicates price has reached a significant turning point from the pullback it's done since price can't go one direction forever and needs to breathe. Internal strength on a lower time frame has also confirmed this a significant turning point as it coordinated with the completion of the pattern. My only concern is price may have another attempt to the low, possibly with critical number, as price is changing character and may require just a little more time before reversing and continuing with the predominate trend.
Long
by BeaucoupPips
Where BTC going from here? BTC find bottom? Last 4 - 5 months I tracked #Bitcoin to see when it will hit the bottom like many of you and I was expecting capitulation before we see a strong move up from BTC. Did Crypto find bottom, Alts and BTC? I'm not 100% sure but altcoins made nice 50%+ move some even bigger move from bottom. If you are not already long on some of these movers or if you catch some of these moves I guess it is a good time to take some profits from table and move Stop in profit. I'm 100% sure I will not long here. Why? Because I'll wait to see where this going from here. Can Bitcoin push from here without retrace? Sure, it's possible, but the question is what kind of traders are you? Holder? Where to enter and where to place Stop? Anyway this is what I tracked these months for #BTC and what I was looking for (I know bear option is not popular) and what could happen. Back in September '20 the first harmonic pattern I spotted (after BTC make big drop) was bullish Shark pattern. I also noticed that is choppy waves and usually it is not a good idea to take long in bearish market. I got the bearish harmonic pattern in result of how the price moves (small Butterfly harmonic pattern) Again, I noticed choppy waves (not impulse, this move should be part of some larger correction) At same time, I got a larger harmonic pattern (121 pattern) and 5 - 0 pattern, that is a specific harmonic pattern (small margin for error) I assume this is just internal (inside) correction of larger move down (from 25k to 18k) and I have confluence of 3 #harmonic patterns. Risk to Reward (R:R) is good and in bearish market is always a better option to ride with trend. Clear Entry, Stop and all Targets. So, Bitcoin reached all targets, for one small and two larger harmonic patterns. After that drop, the next pattern I got is small Cypher and Anti Butterfly pattern. Like I said before, it is not a good idea to long in bearish market but these harmonic patterns reached all targets (I ask myself maybe trend is going to change)? After a nice move from that bottom, Bitcoin reached new larger bearish harmonic patterns (very large 121 pattern and Cypher and Anti Butterfly) These patterns even reached PRZ however they still did not reach "entry". The question is will it be invalidated (not reached "Entry" before break up) or we will see valid harmonic patterns (hit entry) and reached some targets? One of the reasons to be careful is because I can see two more possible harmonic patterns above (Crab and more upside Nen Star and Anti Bat). If this is not bottom one of the options are this Elliott wave that I see. I guess soon we will see where the top is for this move up (if this is bottom) and what kind of move down we will see after we find top (if this is not yet). 3 or 5 wave down. Enjoy and good hunting.
by CryptoArch_
CABLE BULL BREAKOUTAfter several weeks of Price action consolidating on CABLE inside of a DESCENDING WEDGE and forming several HARMONIC PATTERNS it appears as though we finally have a winner between the bulls and the bears. Based on the price action a bottom has been formed and a breakout of the WEDGE PATTERN has occurred. Assuming this is a STEP ONE BREAKOUT and a total reversal of the bear momentum, we should see a RETEST next week, potentially during CPI, and a KISS of the broken trend. Entries have been painted in two parts along with a stop loss BELOW the painted support areas @1.192, if CABLE is to break back into the pattern and challenge the bottom formation again, we will get out before it does so. If all goes well a new BULL TREND could form and CABLE will attempt to make a NEW HIGH
Long
by NakedTrading4U
1
Adding to my btc prediction long termNot sure how to add charts to existing published ideas so making this separate for now, which is just another indicator to use for my point of view and perspective, is the 3day anti gartley formed for anyone into harmonics trading, although I personally do not use them much, but do believe on a more macro chart such as this 3day that they do have some significance, esp when used in confluence for everything already mentioned in my main BTC prediction using fib circles, and fib channels. This ant gartley shows a take profit amount of $9.5k which would perfectly align with my main chart and would be almost pinpoint precise to my exact main target prediction which would take out that CME futures gap that I so strongly see us retracing to as the final bottom of this bear market. Therefore, lets rock n roll and see how this thing plays out over time, accumulating the final bottom sometime very close to our fall equinox. Godspeed and goodluck making that money
INDEX:BTCUSD
by Alexander_Thaddeus
1