Second touch at the PRZ of the daily bearish harmonic AB=CD pattern. Interesting sell zone if you are looking to get bearish on Twitter.
Second attempt to break the strong daily resistance zone I marked in the chart. Also testing the X point of a bearish Cypher pattern. Do you think that $BAC can break it? I think that it can be a good place to try and short here (still need to see daily close today - Bearish candle will be nice here near this zone) In case that it will break, you have pattern...
This Elite Zone bearish setup is on its way. $TSLA isn't joining the fake rally in the indexes and is showing weakness. 240$ is the nearest target level for this setup
I gave an exact location of the reversal today, now you got confirmation with a bearish engulfing\Outside bar on a daily chart.
$FAS reached its retracement target at 100.0. With a rally carried with almost no volume, it may be a great potential reversal zone. Need to see close below 100$ today on expiration day.
This setup, sent to the Elite Zone members before yesterday's GBP economic events. Bearish Gartley, bearish Bat and bearish Cypher - Confluence of three harmonic trading patterns right near the 2.0 round number. Setup just reached its secondary target level - 300 pips. Perfect example of the king of trades Elite Zone members receive each week for stocks and FX.
The short setup sent to the Elite Zone members in $NZDCHF, reached first target level. The fact that it is a daily support zone, 61.8 Fib level and profits taking level means that we have potential for a pullback move. You can also see that wee have daily trend line to support and upward move. 0.775 is a potential daily target level ( and a good place to look to...
Today's gap up created a double top right at the PRZ of a daily, bearish Butterfly. 61$ and 56$ are two potential target zones.
Couldn't change the header for some reason - Double bottom guys. Sorry We can see today's daily candle (as per now) as a bullish candle at the bottom of the support zone mentioned in my Weekly Markets Analysis. Interesting zone if you want to try and buy EURUSD for a pullback. I wouldn't count out some spikes tomorrow - Both sides - but as long as 1.335 holds,...
Not the most accurate pattern Gartley formation, but an interesting setup if you want to short $TSLA after if has broken a daily uptrend line.
It's been the second time that this pair broke the important 1.09 resistance zone. Is it real this time? Interesting setup to monitor during the coming week. Read more in the Weekly Markets Analysis marketzone.tumblr.com Join the Zone community - www.themarketzone.net
Cypher pattern completion in $PRGO before earnings. Despite the bearish Cypher, there are important technical elements we need to monitor. Several supports need to be broken to confirm bearish setup. Read the full analysis in the Weekly Markets Analysis newsletters: marketzone.tumblr.com Subscribe at www.themarketzone.net
Weekly Pinbar, Daily reversals and strong support zone may suggest that the $EURUSD is heading for a pullback move higher. Will you trade it? Or will you wait for the resistance zone to decide? Read the full analysis and the different scenarios in the Weekly Markets Analysis newsletter. marketzone.tumblr.com
After creating a false break to the 55$ resistance zone, $TEVA is about to test its uptrend line. In case that it will break down, $TEVA could be headed to some serious correction move. This is one of the setups posted in the Weekly Markets Analysis this week. Check out the rest here: marketzone.tumblr.com
$FB about to complete an advanced harmonic trading pattern near 77$. For those who seek reversal, that could be a great reversal zone. Don't you agree!?
Completion of bearish Butterfly could be used as entry trigger for short position For more ideas join the Zone community at WWW.THEMARKETZONE.NET
Hourly bearish Bat in $AAPL at previous highs.
After breaking down the reversal pattern I mentioned previously, $NFLX managed to hold on a daily support zone (mostly due to market's strength). Breaking below 428$ can lead $NFLX to the completion of AB=CD pattern. That will be the first wave in a stronger downward move based on Weekly chart analysis. Will NFLX complete this target today? I believe it will...