Up TL broken; DT in progress, Bear Rally = EW 2; Chart details suffice IMO; Shark Nenstar is in play, Tar 2498-2530; Res Ipse Loquitur! EW Projections are Estimates based on most common occurring Fibos; This is NOT investment advice; trade at your own risk; GLTA!! Ref: JJ Murphy, Fig 4.10A, p. 72 (TL Rejection) and EW Chapter Theory: cdn.preterhuman.net Ref:...
Bearish Nenstar harmonic, cousin to shark, cypher, bat/butterfly patterns; a Gartley variant. Typically the selloff from pattern completion at D is a .50 retracement of the CD leg up. In this case, price would be expected to drop ~150 pips to close the gap at 2864. Nenstar and Cypher patterns are variants of Sharks. Basic form: C is lower than A. In Bearish...
Hi guys, we can see possible formation of Shark pattern and/or Nen Star pattern. TP zones are set and can be seen on chart. Follow price action as it gets near Fibonacci levels, and if pattern is confirmed, watch for price action and watch for EMA50 at TP levels. Good luck while waiting.
Hello. As of my previous analysis on eurusd on Friday, the marked showed that 1.1420 is not available for the time being; so we can expect a bullish move on the pair to reach 1.1520 and 1.1540 levels, then the corrective wave will happen. If this scenario is going to happen, you can expect another bullish move after the corrective as I showed on the chart. the 3...
a bearish Nen star harmonic have formed. all the levels are perfect followed, for at Nen star harmonic to be completed. Short, with tp in the next support at 12180.1