Projection
USD/CAD H4 - Short setup - ABCD pattern / 3-D pattern projectionPrice will pressure channel resistance and bear divergence suggest that the price is about to fall and retest daily support at 1.2720
I’m just waiting for reversal bar pattern inside PRZ to consider a short position.
On H1 chart, it looks like the price will retest near resistance at 1.3059 before downtrend starts (bull divergence is present).
EURUSD 15M - PROJECTION LINE BECOMES SHORTERPROJECTION - BECOMES SHORTER FROM THE PREVIOUS
MOMENTUM - ALMOST THE SAME FROM THE PREVIOUS
DEPTH - WAITING...
EXPECTATION - LH
USOIL D - New drop ahead - Shark pattern at sightIt's looks like the OIL is about to drop again.
Waiting for:
a) Bearish divergence, and
b) Reversal bar pattern inside PRZ
This will strongly affect AUD and CAD
(4h) Harmonics, Cluster & The Previous Structure // IF=THEN ®FX:USDOLLAR
CYPHER:
Point B:
38.2% to 61.8% XA
Point C:
127% to 141% ext XA
Point D:
78.6% XC
Target:
TP1 38.2% CD
TP2 61.8% CD
BUTTERFLY
Point B:
78.6% XA
Point C:
38.2% AB
88.6% AB
Point D
161% ext BC
261% ext BC
Targets:
TP1 61.8% CD
TP2 127% CD
Safe Trades;
EUR/USD - H4 Possible long setup - Shark pattern projectionPrice is breaking channel support, but a bullish divergence is present and if it remains, a bearish Shark pattern can be projected.
Wait for reversal bar pattern inside PRZ box (use H1 chart if necessary)
Others points that supports the reason to consider a long position:
- Bullish divergence is present on D1 chart
- A bearish Shark pattern on USD index and a bullish Shark pattern on EUR index are completed (both on H4 chart)
USDJPY H4 - Possible long and short setupsBearish Gartley pattern projection emerges and bull divergence is present. There is a possibility that the price retest support at 112.30 before rising.
Watching H1 chart for an entry setup…
EURGBP - H4 Short set up - Pattern projectionFollowing analysis form W1 and D1, on H4 chart the price is pressuring the resistance channel and a bearish divergence is present. A bullish Shark pattern projection emerges and could be a good opportunity to go short pointing channel support.
On H1 chart, a bear divergence is present and you can project a bullish Shark pattern too...
EUR/USD H4 - Contracting triangle broken - LONGContracting triangle broken and now the price is following pattern projection (green) on D1 chart (see link below)
On H4 chart, a new channel has formed and a bullish 3D pattern emerges. Bear divergence is present, so it coul be a good idea to trade:
1) Short, targeting 61.8 - 78.6 fibo retracements and after that,
2) Long, targeting 127.2 - 161.8 fibo retracements
As a recommendation, wait for reversal bar pattern inside PRZ box (use H1 chart if necessary)
GBP/USD H4 - Sell and Buy possibilities- Bearish divergence is present.
- The price is under pressure (see indicator) and testing near resistance at 1.4471 and pointing to Weekly resistance at 1.4632, so be careful if you want to trade short position for this projected pattern.
- Recomendation: Always wait for a reversal bar pattern inside PRZ box
EUR/JPY D1 - Trying to go up - Pattern projectionIt’s have been a good rally for this pair and now it wants to get higher but looks that there is not enough fuel, even though there is a bull divergence and a reversal pattern present, the resistance at 129.81 could be strong.
Bear divergence suggest that the price will back a little bit down and probably to form a bullish pattern in days ahead. For now, there could be possibilities to enter short in lower TF’s
NZDJPY Short: Potential 5-0 PatternA potential 5-0 trade is setting up on NZDJPY . All requirements will be satisfied if price reaches .5BC from its 2AB projection. A potential target area is the confluence between BC=CD and the 1.618BC projection.
SHORT EURAUD: BAT + 2 TRENDLINES + PIVOTSEURAUD has completed a bearish bat pattern in a PRZ that aligns with resistance provided by 2 significant trendlines. Missed pivots sit below price to add to the bearish bias. SL is placed above trendlines with target at .618CD.
Confluence in the PRZ:
1. Bearish bat pattern completion
2. Significant trendline resistance
3. 2BC projection
4. 2.618AB=CD
5. Missed pivots below price
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Short USDCHF: Bearish Shark to PivotsUSDCHF has completed a bearish shark at confluent reversal zone. Unhit weekly and daily pivots add pressure to the downside. The new unhit daily pivot aligns with .382cd and makes for a nice target level. SL above S/R provides a substantial R/R. A more aggressive T2 may be placed at .618CD.
Confluence in the PRZ:
1. Bearish Shark Completion
2. 1.618bc
3. 0.786XA
4. 3.618ab=cd
5. 0.618 0-1
5. Trendline Resistance
Sell GE: Wolfe Wave & Bearish Crab - Perfect Confluence!GE has completed a bearish crab pattern in the optimal sell zone for a short Wolfe Wave trade. There is significant bearish divergence in addition to an overbought RSI which add to the bias toward the short side. Two missed weekly pivots sit below price as well, which may help drag the price down. Stop loss can be placed above a significant S/R level while maintaining a substantial R/R. The higher probability target is the .382 retracement of the xa leg at 25.24, but a more aggressive trader may chose to target the 1-4 target line.
Confluence in the PRZ:
1. 1.618 extension of XA (bearish crab pattern completion)
2. 1.786ab=cd
3. 1.618ab=cd
4. .886 XA
5. 2bc projection
6. Overbought RSI
7. Bearish divergence
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LONG FB TO 102Wave 4 has met a high probability reversal level at the confluence between a .382 retrace of wave 3 and the price zone of the previous degree fourth wave. Wave 1 time to completion provides a forecast for wave 5 completion time. Price range of wave 1 as an extension from current levels coincides with 1.272 extension of wave 3 and provides a target for fifth wave completion price. A second target may be placed at the 1.618 extension of wave 3. This level was targeted by wave V of 3 and may again become an important level in the upcoming wave 5 structure.
Riding the bullish momentum of the USDCAD - daytrade/intradayThroughout this entire year, USDCAD has been rallying which can confirmed on the larger timeframes such as monthly, weekly and daily.
I'm basing this trade based off of that momentum and on a simple trend-contination setup.
As you can see, price has been consolidating this past week and along with all the momentum n volume today coming because of greece, Im expecting this to go higher with a target of around 1.2800 - around 80 pip profit
AUDNZD - Lots of Room to FallToday the pair created a large bearish pin rejecting a key level of resistance. There is some "air" below which allows price to correct after the recent bullish momentum. Looking to short at the break of the pin and target target the 1.01 area.
48 Hour BTCUSD1W projection on OKCoinThese are my thoughts and projections on the price at OKCoin.
We may see a little choppy flat motion as well before a solid leading decline. A choppy flat motion usually leads to a steep decline in Bitcoin land, at least in my opinion. If Bitcoin isn't gradually moving up then it is either going down or about to go down.
