I am posting this because I am testing a new strategy. I bought this because we are inside a bullish reversal zone on the 4hr. We also have a bullish Alternate ABCD, and we have divergence at the completion of the pattern. Take profit is at the .886 Stop loss is 15 pips R:R 2 to 1
I forgot to post this, Alt Bat / Bat pattern Completing at daily support We also have divergence on the whole pattern and on the CD leg. 4:1 RR Keep in mind the U.S. is releasing oil news at 10:30am eastern which plays a role in the CAD strength as well -Enjoy.
Possible buy coming up on the kiwi dollar. I would like to see this minor bear trend we are in continue down into the buy zone IF PRICE REACHES THE BUY ZONE I will look for bullish divergence, i will look for a bullish candle pattern. Even though it is not an "ideal cypher" it's completion is at 618 Fib of the bigger move which means we could see a lot of...
Looking for one more high then I will be looking to take profits around the .618 Fib. I want some divergence on the 5 min time frame, or price to break below a 50ema and give a bearish candle. The B point for this Gartley isn't at .618 which i really like to see, it is sitting around .64, just wanted to let you know, proceed at your own risk
ABCD Pattern + Profit taking zone for most traders + Resistance
If we get another high, maintain divergence and get a bearish candle I'll short and look to ride to the 50% fib
Intra day setup, watch the 5-0 zone to see what kind of reaction we get
We have bullish divergence (pink) but bearish minor divergence (orange) The harmonic is complete but it looks like there might be some room left in this wedge shape to fill, If we get another low I'll buy it if the pink divergence holds up and we get a candle pattern, at the moment we are still down trending and i would need to see a previous high get knocked out...
Three Drives Pattern + Resistance Region + Divergence + Semi-Shark Shape A great entry would have been at completion, if price comes up again and hold divergence, I'll look to short. Otherwise. oh well. Two things I don't chase are women, and price moves :)
Watch for that bearish trend line, currently in the trade, If we break and get a close above that will be a great sign. Keep an eye out for the GBP news tomorrow morning! Most likely a catalyst.
USDCAD looking ready to switch downward, If price extends into the Blue zone i might look for an entry on the 15 Minute chart, Overall I will be watching for a short on a pull back near the purple ema (50) MACD is set to represent the trend of a timeframe that is 6x higher, in this case it would be the 6HR chart trend it is showing
Wait to see how price reacts, look for a buy. please read my previous analysis
I have adjusted my MACD to represent what it looks like on a Daily Chart, while I'm on the 4HR. The daily is switching to the buy side, If price pushes a little higher and all EMA's cross. I will look to buy the pull back. We also have a Head and Shoulders Completed.
We had a Bullish Crab that formed in November of 2018 (check my previous analysis). Now, the market has definitely made a bullish impulse move as you can see. Price is slowing around the first take profit, judging off the price action this looks like it make have enough strength to push up to $6,000 as well. Depending on how price reacts at $6k (if it gets there)...
I have entered and I'm looking for 1.8500 as a target. The first challenge is to break through the red trend line, depending on how price reacts there we will find out if we might get a new low or continue to the target. I have entered this because all rules were triggered.. Divergence in PRZ Candlestick Pattern Harmonic Complete London Session we most likely...
Very Simple analysis. It might look like a lot but here is the process I go through. I go to the Daily Chart, and find any trend lines and also draw support/resistance. I then look for a 1HR Harmonic, sometimes 4HR to complete at or near these regions. Within that harmonic I look for: Divergence Candlestick pattern Reversal Chart Pattern I look for them in or...
Please read the chart, everything is on there. We still need to let this play out, it is an idea at the moment. We have an ABCD with a Harmonic inside of it, some would consider it a cypher, but I don't trade those, i consider them Sharks. If we get a 5 wave up on this current bull run we are in, I'll begin looking to short. I'm going to start posting more,...
The market repeats and produces similar patterns and waves, structures, etc. I am well aware both of these are against the Dollar so they will tend to be similar in nature. However, if you look at USDJPY you'll see that it made three highs on the daily, then eventually fizzled out into a triangle and dropped. USDCAD on the left you'll see has literally match all...