Nicemate

Nicemate

Silver / USD seems to be in an AB=CD formation. It is currently close to a monthly resistance which, in turn, is concurrent to a yearly resistance. There is therefore, a chance for a substantial retracement, in which case we could go long around the .50 fib. of the last upward movement, with a stop loss right under "C". Long entry @ 16.57 (if retracement...

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A potential bearish H&S pattern seems to be in formation on the FX_IDC:EURGBP pair. The H&S seems quite linear and looks nice. To be more accurate, there is a weekly resistance in the 0.7868 area, so that could be our entry point with a right shoulder lower than the left one, which often is the case in this type of bearish formation. First target on the 0.7513...

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We have an ABCD in completion on the AUDUSD pair, with target at 0.753. The ABCD pattern is taking some time to complete but at the moment it seems to be confirmed by a bullish harmonic with D point in the same area. Should this complete, don't miss this excellent long opportunity, with target in the 0.7836 area. Entry (LONG): 0.7516 - 0.7535 SL: 0.7472 Target: 0.7836

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There could be a potential pullback on the recent upswing of this pair, to watch closely. If there is such pullback, it is most probably going to retest the long trend line which has just been broke, on the 0.5 fib of the recent movement. Or it might retest the 0.618 fib of the recent movement, consequently forming a bullish H&S pattern. Either way, if it happens,...

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Potential Long on the GBPUSD cross. A bullish H&S and an ABCD confirmation pattern on the 4hr. chart with: * entry level 1.417 - 1.421 * SL on the invalidation of the ABCD model=below "C" (1.4087) * Target 1: 1.450 * Target 2 (H&S target): 1.510 R/R: 3.34 to Target 1 9.73 to Target 2

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Potential Gartley on the 4hr chart of the SP500. We might see a bounce on this index soon, from the 1840 area, with a first target around the 2010 area (yearly pivot point).

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Potential Eve and Adam double bottom on the FTSE 100 UK index. Entry level: 5887 Target level 1: 6103 Target level 2: 6315 SL: 5850 R/R ratio: 6 (Target Level 1) and 12.2 (Target Level 1) - / - / - / - / Conservative entry level: 6013 (double bottom confirmation price)

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It seems to me that on the daily timeframe of the GBPAUD pair, a bearish H&S shoulder has formed, and it's neckline was broken yesterday, directing the pair to the 1.80 area, making it the... trade of the year ? Please share your thoughts as this seems to have a great potential

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Hello I am completely new to harmonics and wave patterns and this is just an idea... Please take it cum grano salis (actually, a whole bowl of salts). Anyways, there seems to be a bearish pattern (bat ? butterfly ? ) on the NZDUSD pair, on the 4 hr timeframe.... It would be great if someone expert analist could verify this and tell us more about it !

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Classic example of why it's important to never buy the dips. The three blue lines were the Daily support, the Weekly Pivot point and another key support level that I had marked down although don't remember what it stood for, exactly. It is now evident that Gold price took a shock from both the interest rates and the ADP news, both effecting the greenback these...

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Yesterday we say a development of a divergence pattern on the hourly timeframe of the DAX, which also touched a yearly support. This resulted in a bounce upwards of the index. Again on the hourly chart, but also on the 240 timeframe, we can see a bullish head and shoulders in development. Let's wait and see - the index might pullback on the 9540 - 9580 area, and...

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A hard call this time... where is the best entry ? Catch it on the support level, or wait for the bounce on the trendline? Only time will tell ! Comments much appreciated,