Hermonic
LONG EUR USD 4H GARTLEYThe Gartley pattern is the most common harmonic chart pattern. Harmonic patterns operate on the premise that Fibonacci sequences can be used to build geometric structures, such as breakouts and retracements, in prices. The Fibonacci ratio is common in nature and has become a popular area of focus among technical analysts that use tools like Fibonacci retracements, extensions, fans, clusters, and time zones.
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TP1:38.2% OF ADR
TP2:61.8 OF ADR
SL: THE X POINT
EURJPY for longThe euro fell, with fears of a strong outbreak of the Corona virus again within the union.
Technically, the EURJPY is approaching good potential selling areas, supported by the approaching completion of the bat harmonic pattern in an extended area from 129.10 to 128.60 as a stop loss with a target of up to 132.40, with the first target being 130.70
Bearish trend in BTC according to the harmonic trading patterns we have successfully predicted market moves
here we see that the bull is very tired and there is only one way down
i expect the market to pull back around FIB 61.8% at lest and this means we will wait and try to enter around 5500$ if not broken
if broken target is 5400$ and take profit at 5688$
TR: hermonic hareketler bize 5900 bariyerini asamadigini gosteryor ve 5500 sinirlarina bir geri cekilme beklemekteyim
orda geri 5680 lere kadar bi duzeltme olucak dikkatle izleyin piyasayi
bol kazanclar
BEAR DRAGON PATTERNFundamental Analysis:
My sentiment for the long term of the GBP is bearish because its central bank leave its monetary policy unchanged, and with the Brexit the inflation is going to increase, therefor it is most likely to go down . The sentiment for Canada is slightly bearish, because the BoC are most likely to leave the monetary policy unchanged, but with most central banks currently in easing cycle CAD has a comparatively neutral bias.
Technical Analysis:
The Price Action just broke a bear triangle giving a signal that it is gong to fall, So I sold in the pullback (0.618 FIB)