Quarterly DXY & Fed Fund RateChart Shows quarterly DXY and Fed Fund rate, with macro shark harmonic. Terminal PRZ of T1 at 117, t2 125 region with t3 at 136-38. Would be nice to see consolidation at 115-116 back to 106-8 area as other nations begin intervention. As of this hour, GBP halted trading trading as it collapsed 3.25%
***harmonics are not a predictive tool, they are a phenomenon of interest we see in the markets but I personally have no data suggesting they backtest in any consistent or reliable way across asset classes.
Shark
USDJPY-Weekly Market Analysis-Sep22,Wk5Monetising on the idea that USDJPY has a completed Bearish Crab Pattern on the Daily Chart, I'm waiting for this odd-looking Bearish Shark Pattern to complete at 145.27.
Normally, I wouldn't have factored in the fact of BOJ intervention that makes the chart an odd-looking one, but because the level of the PRZ within the shark pattern converges, I'm going to observe how the market reacts at 145.27 before engaging the trade.
Perfect automated detection of Shark PRZ - LongA Bullish-type big Shark pattern may occur when drop to 1.0485.
There is also a support zone at 1.048-1.054.
(In this support zone, there was a rebound in Feb 2022, Sep 2021,...)
Long after pattern generation and seeing the rebound. At that time, be careful of re-inversion in the resistance zone of 1.063-1.066.
*Harmonic patterns and support/resistance zones are automatically detected using the indicators below.
- Harmonic auto-detect PRO
- Support/Resistance Zone Auto PRO
BTCUSD Stopping Volume at PCZ of Bullish SharkBTC has given me great reasons to be concerned that we would break through our PCZ and pull down into the 78.6% Retrace below but despite how many times it's tried it's managed to hold the local 88.6% Retrace as support and now we will have confirmed a stopping volume candle on the daily if BTC's Daily Volume doesn't change much in the next 15 minutes before the close so i will be doubling down here with a stop below the 78.6% retracement.
NZDJPY - Bullish SharkHave a closer look at NZDJPY, a 4hourly chart. My setting to the chart is (UTC +3), which means the candle close will happen at 1 pm (GMT +8).
For this setup, I will not wait for confirmation on the 1hourly chart. You will understand why if you have a strong trading foundation.
BTCUSD: Bullish Cypher at Weekly Support Congestion ZoneBTC leading to the Fed SPeaking in the 21st may see a rally from the Support Zone it's been trading within. It formed this Bullish Cypher/Shark on the Daily and rallied about 61.8% of the way before failing and pulling back down again. This sorta action is very dangerous as it makes me think it could be a Bearish 5-0 that could lead to us making a lower low and if we do that we will likely come back down to atleast the 786 retrace below at 17.8k. But as of right now the move down to PCZ of this Harmonic has been fast and on above average volume with a wide spread so i believe that we have a high chance of recovering the bearish price action and trading back to the top of the range as the new trading week begins, and if we break above the range we could see a secondary target of $26.5k
Perfect automated detection of Shark & AB=CD PRZ - ShortA Bearish-type Shark pattern occurred near the resistance zone of 1.327-1.334.
(In this resistance zone , there was a rebound in Oct 2020, Jun 2020,...)
If the price rises further, a Bearish-type AB=CD pattern is likely to occur.
Short after seeing the rebound. At that time, be careful of re-inversion in the support zone of 1.285-1.306.
*Harmonic patterns and support/resistance zones are automatically detected using the indicators below.
- Harmonic auto-detect PRO
- Support/Resistance Zone Auto PRO
AAPL: Weekly Bullish 5-0 on Apple Inc.Apple after reversing at the PCZ of a Bullish SHark May look to Bullishly Underperform in Bearish price Action and Reverse at the 50-61.8% Retrace if it does reverse wwithin this zone then i would expect it to make atleast an Equal High to the Last High and even may expect to see it hit a 1.618 Extension from the Previous High to Low which if the low lands anywhere between the 50 and 61.8% retrace we should see the 1.618 extension land at around $195-$200
Perfect automated detection of Shark & BlackSwan PRZ - ShortA Bearish-type Shark pattern occurred within the resistance zone of 1.490-1.504.
(In this resistance zone , there was a rebound in Mar 2020, Oct 2019,...)
If the price rises to 1.496, a Bearish-type BlackSwan pattern is likely to occur.
Short after seeing the rebound. At that time, be careful of re-inversion in the support zone of 1.406-1.434.
*Harmonic patterns and support/resistance zones are automatically detected using the indicators below.
- Harmonic auto-detect PRO
- Support/Resistance Zone Auto PRO
Gitcoin (GTC) formed bullish Shark for upto 25% pumpHi dear members, hope you are well and welcome to the new trade setup of Gitcoin ( GTC ) token with Bitcoin pair.
Our last successful trade of GTC was below:
Now on a daily time frame chart, GTC has formed a bullish Shark pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Celo coin formed bullish Shark | A good buy opportunityHi dear friends, hope you are well, and welcome to the new update on the Celo coin with Bitcoin pair.
Previously we had a harmonic trae of CELO:
Now on a 2-hr time frame chart, CELO has formed a bullish Shark pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
EURUSD-Weekly Market Analysis-Sep22,Wk3Before we start, you have to be aware that both the Daily and 4-hourly chart is in the Bearish Trend but the 1hourly chart is in a Bullish Trend. On a mid-long term perspective, I'm waiting for a shorting opportunity, however, on the 1hourly chart you can wait for a buying opportunity.
So how does this work?
If a Bullish Trading Opportuntiy presents itself on the 1hourly chart, I'll take it. I can even stretch my 2nd target if the setup shows such opportunity.
Perfect automated detection of Shark & Nenstar PRZ - ShortA Bearish-type Shark pattern occurred within the resistance zone of 17.475-17.619.
(In this resistance zone , there was a rebound in Feb 2022, Dec 2021,...)
If the price rises to 17.774, a Bearish-type Nenstar pattern is likely to occur.
Short after seeing the rebound.
*Harmonic patterns and support/resistance zones are automatically detected using the indicators below.
- Harmonic auto-detect PRO
- Support/Resistance Zone Auto PRO