Xabcd
GBPUSD Corrective Wave 4 ComingGBPUSD looks to have finished wave 3 of a larger Elliot wave cycle on the daily timeframe. After a wave 3 is a corrective pullback (wave 4) before a final wave 5. In this analysis we can see price made an impulse wave 1 then made a corrective pullback to the 61.8% to complete wave 2. Then another impulse wave up for wave 3 which has reached a critical resistance zone confluent with a cluster of 3 Fibonacci levels which are 1) -61.8% (of the initial 61.8% retrace of wave 1), 2) 71.0% retrace of the swing high to swing low (yearly high and low), and 3) 127.2% of the swing high (X) to swing low (A). With a confluence of fib clusters in this area (as well as being very close to the round psychological 1.30) we have a high probability resistance zone which should be our turning point to begin the next corrective wave 4. Profit targets for the short position are the 38.2% @ 1.26 & the 50%/61.8% fib cluster @ 1.25 (boxed area). The cluster at 1.25 is strong support and is most likely the best place to take profits. Once price begins to consolidate around this area and shows an implusive movement upward that will be our indication wave 4 is completed and we will look for a long position for wave 5. Will update after the wave 4 correction. This is for educational purposes only. This is in no way intended to be financial advice. I am not a financial advisor.
Looks like 3005 is resistanceThis is Bearish Gartley pattern. Point D should be at 3002-05. S&P500 should see sellers at 3002-05. SL should be placed above 3026. Target for sells should be around 2780. This should be short term downtrend. If you enter now you will have 4 RRR. Good luck.
GBPUSD, Buy on H1**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
___________________________________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
Potentional U-turn zone on BTC, XABCD patternOn the 4-hour timeframe, the potential formation is XABCD pattern, the main condition is that the CD comes to the level of 0.886 from the length of XA, which is the main element for determining the Potential U-Turn Zone. Just this level passes at the level of the lower border of a large triangle.
XABC Pattern, 200 cross touch SELLLLL3 pushes up, and now a new low has been made.
The 50 & 200 MA has crossed and now there is a retest to the 200..
THIS IS PERFECT. THIS IS EXACTLY WHAT I LOOK FOR BEFORE PUTTING IN A POSITION
XABCD Pattern which i entered here is a trade taken earlier, D point has formed along with a suitable reversal at the level. Two green lines are where it is predicted to get too. i have placed a 1:1 risk:reward however it is before the first take profit, hence if it starts to go that way the probability is higher that it will meet that target. black line is entry point.
XABCD Pattern Not to much information on this publish due to time, however trade taken a D point has formed along with a suitable reversal at the level. Two green lines are where it is predicted to get too. i have placed a 1:1 risk:reward however it is before the first take profit, hence if it starts to go that way the probability is higher that it will meet that target.
Adaptation on an XABCD Pattern Here is an XABCD Pattern which is allowed in my strategy the risk:reward is 1:1, conformation on the reversal at D with Reversal candle stick (Long bearish), TP/SL have been marked on graph
Adaptation on a XABCD Pattern Here is an XABCD Pattern which i have entered due to it meeting my strategy requirements, not much information on this one apart from black line = SL, green line = TP and Yellow line = Entry.
1:1 risk reward should hit profits which are both green lines however i have placed it slightly before the first TP to ensure it hits, i expect it to at least meet first target if not pass it.
LTC to repeat XABCD?Will we see a repeat in this year's performance over the coming months? With the halvening around the corner things should get interesting....
USDCHF TRADE OpportunityHarmonic XABCD Pattern is forming on daily time frame wait for the B point once break above then there is room of 171 pips trade....
Also Sell Line os broken market is in buy zone area.
CHFJPY, Sell on H4**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions, -
$BTC Pulling off watchout for this level$BTCUSD is pulling off once the 13000 proved to be a strong resistance to break.
If the cross keeps the current level (around 11300/11400) it could bounce back up. If, otherwise, the level is broken, we are definitely going down.
***As usual, my idea for information and educational purposes only. NOT a trading advice***
AUDUSD short D - swingFinalizamos con este par nuestro set de swings, donde vemos una buena oportunidad teniendo en cuenta los siguientes factores:
- Resistencia importante en W
- Patrón XABCD (dientes de vampiro)
- Nivel 50 de fibbo bajista
- Y posible toque en linea para continuación de tendencia bajista principal.
Buenos profits para dos....
@yeisonmendez.fx
NEW HI, XABC LETS GET IN ON THIS BUY.. 100+ pip tradeNew hi made. XABC Pattern in effect.
Waiting on the pull back and sign for entry.
3 highlighted areas of confluence.
LINK/BTC - Bearish for short term - Bull for LongWith the recent market move this might sounds unrealistic!!
28th of april usdchf bearish moveusdchf has rejected major weekly zone (purple, price has created a xabcd pattern and a 4hr/1hr resistance zone (yellow) also appears.
