AB=CD
Silver H&S As per my analysis if this H*S plays out. the target would be 27.500. Not a financial advise
EURUSD ADVANCE HARMONICS TRADING AB=CD BULLISH PATTERN EURUSD has formed an advance harmonics pattern on its hourly chart.
The price is trading above the EL: 1.09585
ST: 1.09469
Targets:
62% AD: 1.10023
79% AD: 1.10169
127% AD: 1.10596
162% AD: 1.10899
NASDAQ Short trade Ideaas we can see that everything is in favor of Bears, so the price action can possibly go further downwards.
EURAUD Bullish RunThe chart was running in an ascending manner, then on the 26th of April, it showed a reversal toward a bearish trend, however, according to my assessment it was making a bullish flag, AB=CD bullish harmonic pattern is also confluence to back up my assumptions. Please do not enter this trade until it breaks the previous peak of HL.
One thing should also be kept in mind that it reached this high in the year 2020 if it will break this point then it will reach its projected value i.e. 1.72018.
Bearish Harmonic ABCD on AUDCHFA bearish Harmonic pattren has been initiated on AUDCHF after liquidating the double tops highlighted on the left of the chart. targeting the prices on the right of the chart.
AB=CD (BULLISH)EURGBP has formed an AB=Cd bullish pattern on its hourly chart.
The price is trading near the EL: 0.88210.
ST: 0.88027
Target1:
62% AD: 0.88478
79% AD: 0.88599
Target2:
127% AD: 0.88944
162% AD: 0.89183
MSFT - Getting close to major resistance.NASDAQ:MSFT is up 19% over the last month and is now coming to some major resistance.
We have the Double 1.618% levels from the previous 2 highs plus the 61.8% level from the ATH.
The measured ABCD is up just above 300 which is also a major FIB number 3.
We have just gone past equal tops in time.
If its similar to the last retracement then we should be looking at a move back to 250-270.
Big week ahead with a major turn point coming on Tuesday.
Enjoy the week.
Multiple Buying OpportunityUpon analysis, there are multiple factors that indicate a potential buying opportunity for AUDCAD.
Firstly, the bullish 5-0 pattern on the Weekly chart was identified and discussed in my previous report.
Secondly, various trading strategies have also pointed towards a buying opportunity.
For example, the 4-hourly chart shows a tested support level at 0.8954, which has been tested three times. If this support level is broken, there is a complete AB=CD Harmonic Pattern at 0.8940.
On the 1-hourly chart, a bullish deep crab pattern is observed with a retest at 0.8952, providing an opportunity for traders. The only factor that could deter this trade is a potential market gap when the market opens on Monday.
Nonetheless, with the aforementioned indicators in place, a potential buying opportunity for AUDCAD presents itself.
Trading Speed Bump Ahead!!Looking ahead, the EURJPY is poised to be the most trending pair in the coming week, with a bullish Euro and bearish Yen driving the market. This presents a great opportunity for trend traders, as the pair is expected to rise steadily.
Personally, I will be watching for a retest of 149.53 on the 1-hourly chart as an entry point for a trend-continuation trade.
However, it is important to note that a potential trading speed bump may arise on the daily chart due to the completion of a bearish AB=CD pattern at 150.76.
While this may be a cause for concern, experienced traders will set an alert at 150.76 and wait for a confirmation signal before acting on the pattern. It's important not to let "what-if" scenarios deter you from making a trade - stick to your trading rules and use them to your advantage.
ETHUSDT - Possible ABCD CorrectionPossible reversal zones(PRZ) - notes on chart.
Break of lower immediate support would see the likelihood of these levels being visited.
Entries identified on the 1hr chart.
AB=CD (BEARISH)EURJPY has formed an advance harmonics pattern AB=Cd on its hourly chart.
The price is trading below the EL: 144.407.
targets1:
38% AD: 143.276
50% AD: 142.563
target2:
61.8% AD: 141.862
78.6% AD: 140.845
EURAUD AB=CD BULLISH PATTERN EURAUD has formed an advance harmonics pattern on its hourly chart.
The Price is trading above the EL:1.58902.
ST 1.58487
target1
62% AD: 1.60866
79% AD: 1.61383
target2:
127% AD: 1.62908
162% AD: 1.63960
$SONY: Monthly Hidden Bullish Divergence and Channel Breakout NYSE:SONY on the Monthly Timeframe is breaking out of a Descending Channel while confirming Hidden Bullish Divergence and Bullishly Crossing over on the MACD and the RSI enters the Bullish Control Zone; the next obvious target would be between 150 and 177 Dollars as that would be the completion of an AB=CD Harmonic Pattern. One last thing to note on the side is that the NASDAQ:MSFT acquisition of NASDAQ:ATVI has recently hit a brick wall with regulators and this is likely to spur some optimism in the NYSE:SONY camp who has opposed this acquisition in fears that Microsoft would eventually make games like Call of Duty, Xbox Exclusive.
GOLD Potential Reversal ExpectationsIt is expected that the gold will go bullish till PRZ then it will return. So my follower can purchase gold at 0.5% risk and then roll on your sleeves for short selling.
CRUDE OIL✦LONG TRADE SETUP✦POSSIBLE REVERSAL✦HARMONIC✦ONE HOURThis trading idea is designed to capture the reversal trend using Harmonic Pattern Technique. WTI (CRUDE/ USOIL) is moving in a bearish direction and is expected to take reversal from Potential Reversal Zone (PRZ) shown in the chart. Bullish AB= CD Harmonic Pattern is used to identify PRZ at point D. Long Trade Setup is presented in case of reversal of the trend from PRZ.
GOLD-USD |LONG TRADE SETUP| HARMONIC AB=CDThis trading idea is designed to capture the reversal trend using Harmonic Pattern Technique. GOLD is expected to take reversal from Potential Reversal Zone (PRZ) shown in the chart. Long Trade Setup is given on the chart.
Falling wedgeLooking to buy the dip
Falling wedge pattern
Touching support
Look for a 1 to 3 risk to reward
Take profits a tp 1
LONG opportunity
BUY
BTCUSD: Still A 4HR Double Bottom at PCZ of a Bullish ButterflyBitcoin on the 4 Hour has printed a Double Bottom with Stopping Volume on the Second Bottom at the 1.414 PCZ of a Bullish Butterfly and at the 100 Period Simple Moving Average. I am still fishing for a Waning of the 4 Hour MACD Negative Momentum so confirm the entry and will be using the 1.618 and the 200 SMA as a line in the sand that price must hold above.
COPX starts to take off with early signs of China manufacturingAs there are rumors of China manufacturing returning, one instrument to watch is copper. Some say there is a boost in China production when you look at a CN 50 CFD from one of the popular forex brokers. However, always remember that copper is considered a base metal and an early input into manufacturing. It is also an early input for the value chain of many manufactured products.
BTCUSD: 4HR Double Bottom at PCZ of a Bullish Butterfly Bitcoin on the 4 Hour has printed a Double Bottom with Stopping Volume on the Second Bottom at the 1.414 PCZ of a Bullish Butterfly and at the 100 Period Simple Moving Average. In the next 2 minutes we will see the current 4 hour candle close and a new one will begin which is where it will show rather or not it wants to confirm the waning of Negative Momentum on the MACD and RSI and confirm Bullish Divergence.
