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Terryhexiejiaoyi

AUDUSD - Bearish Bat Formation 0.6545 - 0.6550AUDUSD might be completing a bearish bat in the coming week. Whether this pattern completes has to depend on the NFP data tomorrow. It is likely to be bad, causing stocks to fall and USD to inch higher. However, if the data is not as bad as forecasted, we might see a temporary rally in stock prices and a fall in the USD. My objective is to 1. Short after bat is completed 2. Buy the breakout of point B a.k.a BAMM Shall monitor the charts and determine which way to trade in the next 2 days.
by TerryHarmonicTrading
1
EURJPY - 2 potential bearish sharks, trade the C-D wave?There are 2 potential sharks coming up on EURJPY. Both pointing to EURJPY going higher below coming down. The 1st mini bearish shark can yield about 100 pts whereas the bigger shark can potentially yield about 600 pips trading the C-D wave. I term this move the SAMM, where I see a rapid move from the C point of a shark towards the D point. Previously traded this move on gold and cadchf and both worked out pretty well. (Chinese region TV idea) You can also consider waiting for the bearish shark to complete before going short.
by TerryHarmonicTrading
1
AUDUSD - Bearish Crab Completion 0.6500-0.6510I have been away from the english version of TV for awhile now as most of my students are now from China right now. My china region and taiwan region TV is still active, in case you think I was gone for good. Had quite a few good setups last week on Gold and EURNZD. Decided to come back here as I received quite a number of PMs to post here. Watch out for this bearish crab completing on AUDUSD, it is about 50-60 pips away. SL should go above XA 2.0 to be safe as it might mutate into a 1902 crab.
Short
by TerryHarmonicTrading
2