MikulovicFOREX
38-50% rectracement of AB leg signals a continuation of the AB leg. Divergence spotted Symmetry suggests a rally towards 151. Other potential targets 38% extension: 147.5 62% extension: 148.8 SL below C at 145.4 Thank you for the support, make sure you leave a like and state your comments in the section below God bless and thanks for reading
A few months back I shared this post: It clearly shows price divergence with both momentum and volume, and this is considered a sign of trend reversal since the buyers are not willing to pay higher prices for the particular asset. Our trade was succesful and was followed by a significant decline. Now we are back again, noticing the volume and momentum...
This chart has a bit of everything. The long term trendline is holding at the profit target of a harmonic pattern, and not only that the rejection was obvious. Besides that we see a rising wedge, and in a downtrend its typically a sign of a continuation of the trend. Considering the extreme rejection and the rising wedge , im expecting a downward move from...
Harmonic bearish bat currently forming on 4h timeframe. I published this last night: It shows how we started to reverse after hitting the minimum profit target of the deep crab harmonic pattern that formed on the daily timeframe. Once we see the break of the channel I was expecting price to move further to the upside. Now I went down to the 4 hour charts to...
Here is another picture of a bullish set-up on USDCHF What you are looking at, is a potential developing bearish gartley, butterfly or a crab. Gartley: 1.01xxx Butterfly: 1.039xx Crab: 1.059xx This set-up is very similar to the ones I have on AUDUSD and EURJPY I can't really say for sure whether its going to be a gartley, butterfly or a crab, but time will...
Since USDJPY is going down and EURUSD will go up, EURJPY is going to be the big winner here. This is the same set-up as AUDUSD, and it looks very promising. Please give the chart a like as a sign of your support and leave a comment below. I appreciate all the support from you guys. God bless and happy trading
I want to start this post with giving my apologizes to you guys. Im sorry. I was in a rush, and I simply wanted to make a post on BTC just to prove a point, so I ran the ticker in the scanner and it came up with what I shared in my latest post But now I have to share this chart, because when I had a look at it I noticed that we definitely should have used the...
There is also potential for a butterfly or a crab pattern. Once price breaks the long term trend we are set for a minimum profit target of 0.69941 Please dont forget to like the chart and as always if you have any comments make sure you leave them in the section below God bless and happy trading
Since I shared the USDJPY chart I might aswell share this one aswell. Its been a while since I shared this post: Since then, we have reached a minimum profit target in the harmonic pattern and started to reverse from here. Now if the channel breaks and price start to trade above 1492 we could see a move all the way towards 1524. Please like the post and make...
So guys its been a while since this pattern showed up on the radar... Still bullish bias Clusters at ab=cd and the 23.6% retracement, indicates that the buyers should be stepping in to the market around these levels, especially when you see how price reacted. Besides that, its not a bad idea to go in the direction of a harmonic pattern after a pullback to...
This one goes out to all the guys in the crypto room.. Signal: Bullish Bat Confirmation: 61.8% retracement Trigger: 38.2% pullback Please give the chart a like and make sure to state your thoughts in the comments below! Happy trading and may God bless
Potentially looking for the maximum profit target of 161.8% extensions plotted on the chart
I was trading a deep crab pattern on the intra-day charts ended up finding another cypher on the 15 minute charts.... Dont forget to like the chart and post your thoughts in the comments below! Happy trading
NASDAQ:SBUX Harmonic chart patterns were developed by H. M. Gartley in 1932 and published in his book, Profits in the Stock Market. The Gartley pattern, or Gartley 222 pattern, is one of the most popular harmonic patterns to predict a continuation of a prevailing trend. While it’s similar to the AB=CD pattern, the Gartley pattern contains one more leg. Target...
Had to share this chart Deep crab hit TP1 and started to reverse, only to reveal the potential cypher in play This could be a potential fake break out, but only time will tell. Dont forget to like the post and state your comments below Thank you for reading God bless and happy trading
Happy trading Dont forget to like the chart and state your thoughts in the comments below God bless you
One guy asked me about GJ in the chat... here it is, special made If the butterfly fails, look to short the potential Bat God bless and happy trading
This pattern still in play Dont forget to like the chart God bless