We have a strong possibility of the head and shoulder pattern completing. However, if broken we will see major bullish action to the top profit line on my chart around 1.20350
I keep seeing nzdusd charted as a bearish bat and I have to disagree. There is no almost when it comes to the ratios in the pattern A bat pattern MUST meet the following criteria with no exceptions. x-b= .382-.50 a-c= .382-.886 b-d= 1.618-2.618 x-d= .886 In nzdusd I can not see a way to get x-b below .50 or equal to .50 therefore, it is not valid. Please do...
I recently bought a little bit of litecoin so If this pattern reaches D I will be unloading it and likely never buying it again! Fingers crossed!
This is looking great so far. I think in the next few days we will see if this becomes a valid trade set up. Remember it MUST hit the d point to be valid with proper ratios such as this pattern. I will update as it moves further bearish.
I am not taking a trade set up here and I don not recommend anyone else does. I am just testing methods to use with harmonic patterns to increase accuracy per trade. Please feel free to watch this play out and add any comments. Thank you
This is on a one hour timeframe and looks like a good set up. I call this modified because ratio between x and b is slightly out of range. I have seen this ratio work over and over so I have added it to my pattern list. I'm usually not a fan of this pair but anytime I see it drop below 1.1800 or above 1.1900 I look for a trade with confidence.
This chart is on the 4 hour frame and has huge potential. I will be very cautious on entering this with recent fundamentals possibly having some effect on this pair. All details are in the picture.
Found thi harmonic pattern forming on audcad 4hr chart zoomed way out. This is a substantial trade if the d point is reached. Will keep everyone posted
1hr timeframe bullish bat. It is currently on its way to D. However, I am expecting a reversal before reaching D. I will be watching close for a clear sign. Thank you for taking a look at this idea
Found this on the 1hr timeframe. All details are in the pic. I will absolutely jump in this trade at the D point.
This was a pretty good week on the market so lets get ready for good weeks every week. I have enough charts up that are slowing forming confirmed patterns. I will keep posting charts like this and we can all watch to see if D is reached and if so we have a trade set up! They wont all work but if we hit D and get a reversal then we can all make some money
A decent bat formation on this pair forming. All details in the chart. If we reach D or really anytime soon a strong reversal candlestick forms I will jump in this trade. Right now nzd is looking strong for trade set ups around the board. I will update this and many other potential trades in my telegram and my Instagram at @forexpert_fx
This chart is kind of for laughs. Its a bat pattern on the one month chart. If it actually played out over the next decade it would be over 6000 pips. Obviously by the time this even made it to D I will likely be wearing depends in a nursing home! Just wanted to do a big massive chart and watch it over the years and then look back and kick myself for missing...
This pattern is on the 30 minute timeframe so it will move fast. My points were very slightly forced so I will not take a trade on this unless there is better confirmation on a higher timeframe. Lets see what happens......
So, obviously this is quite ahead of itself but like I have said before I LOVE posting charts this far ahead. Why you ask? Well it is really simple, if a chart isn't to the c point yet and it ends up playing out to D I will enter that trade with more confidence as well as being prepared. I am not saying this will definitely happen but if it does I believe it is...
This pattern is on the 2hr time frame so it is not a massive trade but pips are pips and I love them all equally. As always hold off on entering a trade until D leg is reached and a reversal candlestick is established. Set up details on the chart. JPY is looking strong all around which adds validation to this trade
Here is a decent trade set up with litecoin. My methods for charting in Forex carry over to Crypto. If you want to learn dm me now!
Don't give me any of your bull crab!!! HAHAHA the crab pattern is not my favorite but it is a solid pattern. I will have my eye on it over the next few days to see if we hit d and get a good prv. I am also announcing that I am working on a signal service for mid-range to whopping trades. I will post details as the time comes! All details needed for this...