Hello traders and welcome! I hope you're all having a fantastic trading week. Today, let's take a closer look at CHFJPY on the 4-hour chart, as it's presenting a promising trading opportunity. On the 4-hour chart, we can observe the formation of a compelling 3 drives bearish pattern. Initially, the price seemed to ignore the bearish scenario, but subsequently, a...
Signs of reversal, market structure choppy. Flat correction in consecutive double three zig-zags on the upper boundary of a macro diagonal after an complete impulsive wave; lower highs with decrease of volume, showing lack of confidence by the buyers-side, as shown on Weis Wave Volume indicator; overbought condition. Harmonic patterns: potential bearish Crab...
XAUUSD is trading a Cup & Handle Pattern on its daily chart . The price is trading above the breakout:1808.170 and approaching the 38%: 1884.238 Tartge1: 62% 1930.601 79%: 1962.026 Tartge2: 127% 2057.654 162%: 2124.224
hello guys as you can see on chart #gold broke #trendline (three drive trendline) and reacted to monthly #support and resistance main move for gold is bearish but you can get long position until $1751! always do your own research. If you have any questions, you can write it in comments below, and I will answer them. And please don't forget to support this...
After A Bearish-type AB=CD pattern occurs and rebounds, 3Drive pattern is expected to occur when the price rises again to 1.5229. There is also a resistance zone of 1.522-1.525. Short after 3Drive pattern generation and seeing the rebound. *Harmonic patterns and support/resistance zones are automatically detected using the indicators below. - Harmonic...
A Bullish-type 3Drive pattern occurred near the support zone of 1.296-1.300. (In this resistance zone , there was a rebound in 28 Jul, 13 Jul) Long after seeing the rebound. *Harmonic patterns and support/resistance zones are automatically detected using the indicators below. - Harmonic auto-detect PRO - Support/Resistance Zone Auto PRO
Topglov price have reached Rm1.48 a “ border” of “ 4 = Death ( in Chinese ) or 8 = Glory ( in Chinese )..A possible 3 “touch & go “ or 3 drive pattern or wedge pattern’s lower trend line.
The price in the daily time frame, at the same time as reaching the bottom of the channel, has formed the pattern AB = CD. . In the coming weeks, the view of climbing on this currency pair seems to be a more appropriate view.
After breaking the trend line, the price was able to reach the price target and take on a clearing arrangement. . By looking at the appropriate return pattern in the context below, we can think of a buy transaction with a specified purpose.
Not a professional. Not financial advice. It’s hard for me to believe the crypto market is ready to go up again in the short term but the LTC/USD chart surprisingly looks ready to rip if the money was to flow again. 1) It underperformed this past year relative to expectations, but on the bright side it’s been forming a giant Cup & Handle when you zoom out. 2)...
Detail @ The Chart
From the chart we can see a possibly 3 Drives Pattern (dropping two successive short 1.618 statistical markers) or a larger Bat pattern that stopped at .886 on the uptrend. We are still in a larger uptrend from the original Fib extensions. The larger daily doesn't extend to 1.2168 until 370.x range so we are not greatly overextended. But the concern is the...
3Drive pattern appears weekly and monthly chart. entry 82.00, T/P 85.00, S/L 78.00, Trailing stop. Do not trade if it does not exceed 82.00.
3 Drivers - Reversal. Looking for long position from buy zone. H4 entry trigger, after candle confirmation.