Looks like a opportunity to enter into the 4H set up. If price corrects here on the 30m into a H&S it's likely a chance to go long into the 4H bearish RCT. Only Time will tell.
I am watching this bullish set up anticipating two bullish harmonic patterns to complete together. I am anticipating hidden bullish in the right wing of the blue bullish pattern (between the two green lines) but for it to be a valid buy signal I want to see 50% or more of the hidden bullish on the right side of the red line. If the blue B level holds (1.1223) and...
I am anticipating a move up into a bearish RCT in the 1.3615 area. I will wait for a LCT before going short. As long as price holds below the 1.3661 level and a LCT confirms I will enter short with a stop above B (1.3661) with a target to the downside in the 1.3400 area. Only Time will tell.
A head and shoulder pattern has set up I am waiting for a 30m HCT candle before I enter. If it triggers my stop would go below the B level (1.1290). I'm anticipating a target area of 1.1345. Only Time will tell.
A stop below 30k and a target of 50k is how I would trade this. I would not enter until a weekly HCT candle confirms. For the right shoulder 55k may be about right but I can't be certain until price gets to that area. The downside move could be large. I show the bullish pattern completing in the 20k area but I'm not sure how far it will go. I anticipate a...
Trading Bullish Complex Union RCT. Stop below B (1.1300) initial target area 1.1400 could be much higher before price corrects. Two bearish harmonic pattern CD legs in play.
Waiting for this set up to trigger. Stop would have to go above .9180 so the RR on this doesn't look so good. If price gets much closer to .9180 before creating a LCT I will consider taking this short set up. I anticipate price to break below .9094. Ultimately I'm bearish to the .9000 area. Considering trading the CD leg on this bullish pattern.
Stop @1.1324 Target area 1.1400 Trading CD Leg on Bearish Harmonic pattern
I am trading the CD leg on a bearish harmonic pattern. Stop @1.1324 Target area of 1.1400.
I am bearish to the .9000 area where the ab=cd (blue) completes forming the BC leg on the larger AB=CD (black). I would place a stop below the B level (.8930) and target the .9700 area after a bottom creates a HCT candle confirming the bottom is in place. Only Time will tell.
The bullish ab=cd pattern completed which creates the BC leg of the AB=CD (blue). I am bearish trading the CD leg.