Traine

Traine

Patterns within patterns. Today a bearish shark is in its completion mode. Will wait for Daily close and next week look to go short.

Traine

I have 2 options here, now to wait

Traine

Looks like we could get a deep crab harmonic on the daily chart! If price breaks my trend line and daily resistance this is a pair to consider going short on

Traine Updated 

So we have the completion of the larger bearish bat harmonic. and within price going for TP levels it seems to forming another harmonic pattern. A smaller Bullish bat. The completion of the Bullish bat is right at the first TP level of the larger Bearish Bat. The confluence of the 1.618 level also in the same area. As we are in profit heading to the first TP level...

Traine

So this harmonic Pattern completed. I am showing you the market flow at this point and possible point of entry as well as where price can possible stall out. The TP level of 38.2 and 61.8 are shaded green. Ironically the first TP level of 38.2 falls in line with the TP level of market movement of 1.272 High level of confluence there. I have my 20SMA as a...

Traine

I found that this pair has a huge ATR. So I just married it as one of my pairs to catch massive pips. I charted out my Quarter Points, with my Quarter Point zones around it. I plotted a 21SMA for confluence in the direction of my bias. Found a Bearish shark made its completion. Usually the TP of harmonic levels are 38.2 and 61.8. But listening to Scott Carney who...

Traine

It looks like GU is bullish but making bearish moves. It is possible it will finish a harmonic pattern before continuing its rise back up. Let's see how this plays out so we can take this short to completion and then ride it up to Take profit levels or we can ride it all the way up as long as Price action allows

Traine

I kept getting sell signals and not seeing a sell. So I did a markup with market flow, alt abcd pattern and currency the markets has completed its full extension move at 1.618. But on the Daily time frame I still notice that the bulls are still in the market strongly and there are no sellers. We currently are at about a 78.6 retracement level, but we also know...

Traine

UPDATING MY PREVIOUS UCAD DEEP CRAB HARMONIC, I HAVE HIGHLIGHTED REVERSALS ZONES THAT I COULD POSSIBLY TAKE A BUY POSITION ON

Traine

So doing some analysis on this pair and my trade plan for the week. This harmonic has not completed. But It looks like I have charted out where this major pullback will struggle at and then continue up for completion. I am hoping price stops at 78.6 which is also an over all move of an impulse leg of 127.0 TP (strong fib cluster) so I am looking to take a buy off...

Traine

LETS WATCH THIS AND SEE IF IT PLAYS OUT. ONCE YOU LEARN MARKET FLOW, SEENG HOW THE MARKET MOVES AND HOW THEY PLAY OUT BECOMES SECOND NATURE.

Traine

Depending on how you trade. You could have taken a buy at the tap of the 88.6. Or if you are conservative you can wait for reversal candle. Overall its a bearish trend on the Weekly time frame, so my TP will be at the 38.2 level and watch to see what price will do after that.

Traine

Price sees to still be in the PRZ of the completion of a harmonic pattern. I have heard sells called on this pair. But according to my analysis, it may just be a brief pullback. But it is in a downtrend overall, so the pull back could be enough to catch some good pipage. But it could very likely chill out at the 1.27 support and rise to the 1.618 TP level and then...

Traine

FOUND THIS harmonic on this pair it may come down and retrace to the TL and then bounce back up, or it may come back into the TL for a fake out to one of the Fib retracements and then bounce back up. Either way, keep watching, The DXY looks to come down a little before going bullish as well. So when the dollar index is ready so will this pair

Traine

Found 2 harmonics. let's see how it plays out. From the last impluse leg, I am looking to retrace into 38.2 or 61.8 for a trend continuation. Although this could continue to the upside, I can still get some pips on the counter trade pullback.

Traine

So this pair has further room to the upside. Overall this is a major harmonic that could be in play. There is room to the upside to grab a significant amount of pips. I missed the entry, so hopefully next week there well be a pull back at one of the previous levels of resistance to test the new found support and to the upside she goes. So let's see #mspipsniper

Traine

Nice opportunity to either take this trade down to the D point since we have a few days left in the month. When and if this harmonic completes, put a nice little trade on this and just let it run.. Could this be a nice little savings account? #mspipsniper

Traine

Waiting on a Daily harmonic takes a great deal of patience. I thought I would have traded it days ago!!!! I even thought i missed the entry, and maybe I did, Maybe I could of gotten in earlier. Whatever the situation, from what i know about technical analysis, it really hasn't happened yet in a confirmed way. So what i am seeing now is 3 to 4 taps hitting my...