Low Risk EURUSD Shortsetup using Harmonic patternsKeep it simple. Using Harmonic patterns.
Two AB=CD pattern on the smaller timeframe. There is a probability it will first go to the retracement box before a potential pullback or reversal. It's also forming a 3rd leg up, wich most of the tiime ends with a reversal. If you woudld like to go short: wait for a better structure. Maybe a push higher above everything and then falling back under the AB=CD levels and trendline. That would be a nice structure to sell short!
𝘼 𝙡𝙞𝙠𝙚 𝙖𝙣𝙙 follow 𝙬𝙤𝙪𝙡𝙙 𝙗𝙚 𝙖𝙥𝙥𝙧𝙚𝙘𝙞𝙖𝙩𝙚𝙙!
Thank you and have a good one
Abcdchartpattern
JICPT| NQ may drop further to 11500! Hello everyone. We see massive sell-off for the past few days. NQ has been down by over 25% from the peak created last Nov.
From the chart, we can clear see that the long-term MA(red color) has served as a good defense line that pushed price back to key fib level of 61.8%.
Unfortunately, the duo long-term MA has been firmly conquered. Where might the index go?
My guess is around 11500 by measured the move. Bullish buyers who tends to buy, better watch closely on how the index react to the level.
What do you think? Give me a like if you're with me.
BTCUSDT Butterfly Gartley AB=CDTriangle breakout. Corrective uptrend. I'm expecting at least 3 days in an uptrend of the macro correction. Based on Elliot the price action is in a wave 4 zigzag correction. targets predicting daytrade at least 32.6k. Symmetrical triangle and Fibonacci confluences. Beautifully bullish.
BNB ab=cd pattern to $100#BNB/USDT
$BNB AB=CD pattern shows downtrend can be end around $100
🐻price is below middle line of weekly descending channel, but still the weekly candle is open.
so close below middle line will drop price more to touch lower line around 2.618 fib level to complete ab=cd pattern.
🐮 if weekly candle going to close above middle line price can head up to break out the upper line of channel and ab=cd pattern will be invalid.
BTCUSDT micro double bottom AB=CDBTCUSDT micro double bottom - possible pullback. The price action has been made a wonderfull bear flag structure and the double bottom is in conjunction with an oversold condiction and increased interest in accumulation. My technical analysis is mainly based on Fibonacci ratios in a sequencial AB=CD pattern. Expecting a intraday swing upward in a potential micro bearish CRAB (updates incoming) pattern as a final leg up of this flag. Potential Reversal Zone predicted at 35K level - 14.6-0% Fibonacci Retracement.
USDCAD - BUY MODE GARTLEY!!Today we look at the FX:USDCAD as it is setting real nice with patterns, FIB levels and AI all coming together.
Firstly the Gartley pattern that started early April and looks to be completing today @ the 78.6% level of 1.2461.
This turn zone is between 1.2461 127% ext and 1.2450 1.618% ext of the last move which is the final wave 5.
This is the first retracement from the April 5th low and its in AB=CD which is the favoured pattern.
Also with the AI for today we have an expected low around 2pm. This is a major turn event for the day.
Things lining up again which means we have to place orders.
Let me know your thoughts on this set up and ideas you also have for this pair.
Enjoy the day.👍👍