Going short on this pair because 1. Price is taking rejection from the resistance zone 2. Resistance also lies at the 0.382 fib level of the previous rally 3. This resistance could also be point C of the harmonic pattern AB=CD
I am bullish on this pair because 1. Price is taking support at trendline 2. Price has made LL at fib level 3. This fib level is also strong support 4. Bearish bat will also be completed near the resistance at point D
I think this pair is on the way to complete its bearish rally and there is a chance of potential reversal because 1. Price is in downward rally making falling wedge which is a reversal pattern 2. Support lies at point D at 1.9422 3. Harmonic pattern bullish shark also in play Lets see how this unfolds
1. Symmetrical triangle formed 2. Liquidity zone above which might attract price 3. Overall trend is bullish on 1H TF
Going long on oil because 1. Price respecting trend line 2. Consolidating in bullish pennant 3. Strong demand zone lies between 79 and 82 4. Bounced from golden pocket of Fibonacci
Going short in this pair because 1. Harmonic pattern AB=CD on 1D TF in play 2. Price made saucer top with multiple rejection with wicks 3. Price made LH and LL 4. Overall trend is bearish on HTF
Going Short in this pair because 1. Price has made double top before fib resistance 2. Rejected with bearish engulfing candle 3. Overall trend is bearish on HTF
Price has broken the falling wedge and retested the trend line. After the breakout price made HH and bounced from fib level 0.5 making HL. Harmonic pattern AB=CD might also play.
Rejected from resistance The third trend line broken Doji at trendline resistance LH and LL after rejection from resistance
After the abrupt drop, gold is taking support at 0.5 fib level. I am anticipating bullish rally
Bearish momentum is expected in this stock because 1. Harmonic pattern AB=CD completed 2. Rejected from resistance 3. Made double top 4. trend line broken 5. strong support of fib line broken
After a superb bullish rally now this pair is looking to cool off. Rejected from strong daily resistance and breaking of trend line is a sign of bearish momentum. Price also broke and tested the fib level making LH.
Rejected from resistance, and made LH with the bearish pin bar. I am expecting bearish momentum till the fib level and will see the reaction.
Going short in this pair because 1. On a daily time frame price rejected from point C of harmonic AB=CD 2. Price failed to make new high 3. Double top 4. Rejection from fib level
After breaking the third trend line, coupled with rejection from the triple top. Bearish trend conformation with LH and LL.
Going short in this pair because 1. Harmonic pattern AB=CD completed 2. Rising trend line broken 3. LL and LH have been made
Price has broken the rising trend line coupled with the completion of a bearish shark harmonic pattern. Moreover, the price made LL and LH Therefore, I am expecting the price will be bearish for a while.
Bounce from fib support after breaking the trend line. I am expecting bullish momentum to be continued