Perfect automated detection of AB=CD pattern & 3Drive PRZ -ShortAfter 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 auto-detect PRO
- Support/Resistance Zone Auto PRO
Abcdchartpattern
ETHEREUM - 2000 or 700?COINBASE:ETHUSD seems to be in the final stages of this correction.
It mightve already topped out if we look at the Monthly AI or there could be one more high up towards 2000 to complete multiple patterns and the 382 from the April 3 High.
Weekly AI has a High/Low late on the 9th of August. Keep an eye out for this to play out. If we are at a high then we will look for short opportunities and if its a low we will look for longs.
A different look at the market. I hope this helps. Enjoy the week. 👍👍
BTC ab=cd will complete around $26700#BTC/USDT
$BTC broke out from descending trend line and confirmed the support zone as resistance.
🐮 The next resistance zone is between $24100 and $24700, and if price going to complete AB=CD pattern it will increase more toward ascending trend line around $26700.
🐻 break down from support zone and descending trend line will invalid this scenario.
ETH/USD - 1H - SetupETH/USD is in a bullish trend on 1H and bearish trend on 1D . The price action is currently testing an important resistance zone with a confluence of:
Falling Resistance (1D)
Horizontal Resistance (1D & 1H)
Bearish Candlestick pattern
AB=BC harmonic pattern
Fib being respected between 23% and 50%
Expecting bears to push prices lower towards 50% Fib.
EUR USD Bullish Idea based on three patternsEUR/USD
Bull Run seems coming as the following three patterns are all inclined towards a bull run:
1- Cup and Handle.
2- Bullish Flag.
3- ABCD.
The take Profit has been set on the lowest of the projections of all of the three patterns to remain at a safer size while the Stop Loss has been set according to the Dow's Higher low.
GlenmarkHello and welcome to this analysis
Glenmark after consolidating near its monthly support attempted a fresh upmove from 350 to 400, Post that it has made a sideways corrective forming a Bullish Harmonic ABCD.
The current reversal from 375 could be a higher low of the new uptrend in it and it could rally till 410-425-450 as long as it does not breach 374. Confirmation if it sustains above 390.
Good risk reward set up scenario of a higher low formation which could lead to a higher high thereon till its falling trendline
Ultimate lowrisk EURUSD Shortsetup Keep it simple. Using Harmonic patterns.
The 1.02 mark is an absolutly strong resistance area, look at all the harmonic legs that are leading to the 1.02 mark. Because of this, this is a low risk profile short setup. There are different scenarios. For instance It can go immediately to that mark and create a wick, -or it can trade in a trading range above the mark and then fall back below and retrace from that level, before a potential pullback or reversal. Harmonic moves can be beautiful folks,
This is a beautiful low risk short setup!
𝘼 𝙡𝙞𝙠𝙚 𝙖𝙣𝙙 follow 𝙬𝙤𝙪𝙡𝙙 𝙗𝙚 𝙖𝙥𝙥𝙧𝙚𝙘𝙞𝙖𝙩𝙚𝙙!
Thank you and have a good one
ETHEREUM | BULLISH REVERSALEth has completed its harmonic pattern of AB=CD at the 850 - 900 region. The price immediately bounced from the level and is holding above it.
According to the pattern, Eth has completed its downside and the bottom has been defined. A bullish reversal from here is insight.
Trade your levels accordingly.
DOGE fib levels #DOGE/USDT
$DOGE touched the 0.5 fib level of last swing high, and price is above ascending trend line.
🐮 holding the ascending trend line as support can increase price to 2 fib level to complete AB=CD pattern.
🐻 break down from ascending trend line will drop price to 0.618 and maybe lower fib levels.
GBPUSD > Strong Key Level for Short.Analysis of #GBPUSD
GBPUSD has a strong structure resistance level near 1.65500-1.2700 which will represent a strong place to sell GBPUSD.
if the market actually comes and tests my structure resistance zone it will also complete AB=CD bearish harmonic pattern which can be used to enter sell if the rules for entry are met
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BTCUSDT short continuesAfter a healthy retrace of 30% of a 5.162 Fibo beautiful leg down BTCUSDT shows a condition to reach 13k soon. Rout to meet Dec '17 ATH. This pullback seems accomplished and now we can see a good pivot point to adding on shorts in the crypto market expecting an 2nd leg down after that prior swing. Plus Fibonacci Retracement new target and Fisher Transform potential reversal sign on this H1 chart.