USDJPY - Short StrategyAccording to chart analysis, I see +ve divergence, the price is at the resistance level and the Bearish AB=CD pattern is there. So biases are short.
AB=CD
EURCAD - Bearish AB=CD PatternIn hourly time frame of EURCAD chart a bearish AB=CD harmonic pattern was formed , C point retracement is at 0.511 and BC projection point at 2.018. PRZ is defined after some consolidation , at PRZ a double top is formed which is clear indication of reversal, RSI is also making divergence , so a sell trade can be taken
XRP/USDT - Bearish AB = CD Pattern - RSI DivergenceXRP/USDT is currently playing out Bearish AB = CD Harmonic Pattern and also showing divergence on RSI. Expecting price to lose support and continue making lower highs and lower lows!
BTC/USDT - Bearish AB = CD Pattern - Double TopBTC/USDT is currently trading near a potential reversal zone at point D. BTC has already formed a double top pattern and looks to be completing a bearish AB = CD Harmonic pattern. BTC also has bearish RSI divergence near potential reversal zone. Looking for price to break support (neckline) to continue moving down!
UNI/USDT - Bearish AB = CD Pattern - Head & Shoulders FormationUNI/USDT has formed a bearish AB = CD Pattern. We are looking for bullish trend to reverse on 1 hour chart. Price has formed head & shoulders pattern and there is bearish divergence on RSI as well!
ZILUSDT | RETESTING THE BREAKOUTZILUSDT has finally break its 2 weeks horizontal range and currently retesting it. We have harmonic AB=CD pattern which provide upside target of 18 percent.
The only condition here is closing bullish candle on the range top. Good Luck for healthy gains.
USOIL: Bearish Divergence at Bearish AB=CD and Gartley PCZThere is Bearish Divergence on USOIL at the PCZ of a Bearish AB=CD and Bearish Gartley as it potentially backtests previous support as resistance
S&P500 - Bullish Corrective??OANDA:SPX500USD is starting to clean up and give us a real clue as to whats coming in the next few weeks.
If its really bullish it needs to hold this 78% level and head up to new recent highs.
Due to the drop in yesterdays session we now look lower towards the 4k level and even as low as 3980.
An Ideal Scenario sees us getting a retest of 4100 which has been support through Feb and then dropping from here to the lower targets.
Being a friday we look for a bullish day followed by Selling coming in next week.
Also with Time and Price, if we go below 4030 before Wed 22nd then 4k will be the target. Key Date..
I hope this helps. Enjoy the Day!!
EURCAD UPDATE....↪️ EURCAD is trading in an uptrend in Elliott wave pattern. The price has retested the horizontal key support level from where we already saw a rebound once. So as the price is showing a bullish reaction from the same level again we have all the reasons to expect some more local bullish growth... Trade safe 👍✅
XAU (Gold) ABCD Harmonic PatternGold has triggered an ABCD Harmonic Pattern targeting the upper price reversal zone. In the PRZ zone any bearish price action candle can be taken for shorts towards the three prices highlighted on the right.
QUICK Long Scalp DASHEntry Price: 54.65
Stop Price: 53.71
Take Price: 55.40
RSI: 36.56
Stochastic RSI: 0.72
GOLD AB=CD 4Hr 1920 Quick tradeAs per my analysis gold is playing AB=CD move and target going to be 1920. NFA
Natural Gas (NATGASUSD): How to Buy With Confirmation 💨
Hey traders,
I spotted a classic harmonic ABCD pattern on Natural Gas.
The completion point of the pattern matches perfectly with a horizontal key level.
Analyzing intraday time frames, I also spotted a falling wedge pattern on 12H.
To buy with a confirmation, wait for a bullish breakout of the resistance of the wedge.
Its violation may initiate a bullish movement.
Goals will be 2.43 / 2.58
❤️Please, support my work with like, thank you!❤️
LONDON: GBPUSD - BOBBI/ABCD - IB MOMENTUMGU has broken above structure and typically we expect to retest and continue this move, however we have noticed depletion of buyers leading to a break down of an inside bar. Going for at least 2R with this one
BTC Fractals just an opinionBTC Fractals just an opinion
Just my personal opinion, and I'm still learning the basics, so don't take it seriously
XAUUSD Short for day tradersHi everyone,
The Gold/ XAUUSD pracious metal has rejected on a local trendline and created a complete Bearish ABCD. When you look at that region on the daily time frame, it apears we have a bearish flag forming because we have multile confirmations for this shorting movement, we will now enter a short/ sell trade to take profit at our support cluster at 1820.
Please share your thoughts.
Disclaimer
NASDAQ Guru offers general trading signals that does not take into consideration your own trading experiences, personal objectives and goals, financial means, or risk tolerance.
I want an Upsize pleaseAn Upsize Trade is the name of 1 of my trade management.
On the 4-hourly chart(left) is a complete ABCD pattern. I'm waiting for a retest at 158.98 for a buying opportunity.
When the retest happens, I'll be stretching my final target to the Bearish Bat and Bearish ABCD Pattern which completes at 168.11.
This is a high-risk approach and it could harm your account if you do not know how to execute it the right way.
Safe Haven CurrencyIf you are in trading for a good 10 years, you would understand the effect of the Safe Haven Currency. I'm waiting for the market to retest at 130.05 for the RSI Divergence on this counter-trend trading setup.
Many traders would see the USDJPY as going on a Bearish movement, but it is merely a retracement.
Furthermore, the Bull run on the USDJPY has not ended, so I'm looking for the opportunity to keep buying the USDJPY trade.
Federal Reserve Balance Sheet Projected to Exceed $19 TrillionWave structures on these Economic Indexes tend to play out fairly often, such as in the case for Various CPI and Interest Rate Charts which can bee seen in the Related Ideas tab below. With that in mind, I now turn to The Federal Reserve Balance Sheet; and when I look at the Balance Sheet what I see is that since the Inception of this chart, it has traded within an Equidistant Channel that can be easily viewed and plotted in Log scale.
When I look deeper into this I can also see that since around the end of the 2008 GFC when mass bailouts occurred, the RSI on the Balance Sheet has typically stayed Elevated and Above the Bullish Control Zone: meaning any time spent below the level of 70 has typically been followed by insane expansionary rallies, thus huge continuations in the rapid increases of the Balance Sheet.
Additionally, it can also be seen that as of recent times (notably since the mid 2010s) the MACD has become a great indicator in the form of Hidden Bullish Divergences appearing just before huge continuations to the upside; these mid 2010 events align with the blunder that were the taper tantrums in which the fed ultimately capitulated on their monetary tightening stance and decided to expand the Balance Sheet Exponentially Higher and now looking at the chart we can see yet another Hidden Bullish Divergence forming that will be confirmed at the close of the month after the next trading week signaling that another big wave up is about to begin.
Lastly, when zooming all the way out and taking in all the data at once, it can be seen that we are in what looks to be an AB=CD wave structure in which the first expansion was a 400% Expansion and the Current Expansion is on the way to being yet another 400%. We are currently about halfway there and the AB=CD Wave Structure would suggest that the Federal Reserve will more than double it's Balance Sheet by 2026 as the Federal Reserve capitulates yet again in an attempt to save the current fragile economic system.
XAUUSD long to 2030I am seeing XAUUSD have upside potential to 2030 and breaking the previous high.
The movement finishes the ABCD and still having bullish movement and also mark 1.272 fibonacci retracement from the latest swing
