AAPL for shortThe trend has almost reached its Point to return zone, we can wait for first LH and LL to be formed and then we will short the trend.
AB=CD
The short we've been waiting forHere we are. I’m amazed that price went on from 1.20 to 1.25, such impressive movements from GBPUSD. I believe it’s now reached the point of exhaustion, the turning point to the heavy assault by the bulls. Here is an ab=cd pattern which has a potential reversal zone. This is the area where I believe price will reverse, however, I’m waiting for a confirmation before I pull the trigger. This confirmation will be known as a reversal pattern, once that’s been established, I predict price will go back below to test the LQP of 1.225.
Beacoup Pips.
GBP-JPY: POSSIBLE REVERSAL| SHORT SETUP | ONE HOURThis trading idea is designed to capture the reversal trend using Harmonic Pattern Technique. GBP-JPY 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 the projection from its current price whereas Short Trade Setup is given to grab the trade opportunity before the reversal of the instrument. However, only TP1 is suggested at present due to expected reversal from PRZ.
XAUUSD - AB=CD Harmonic PatternIn hourly timeframe of Gold chart harmonic pattern AB=CD is expecting to be formed , D point is the potential reversal point , trade plan is showing on chart
Bullish Gold with Estimated PRZIt has been assessed that the pattern is making perfect HHs and HLs, moreover, there is no divergence in the prices and moving trend. The Harmonic Pattern is developed by looking at the Fib @ 0.382 then BC projection is calculated @ 2.618 as standard. Once gold will reach at its PRZ it will return back. Why bullish because it is a simply a bullish flag. If it will not break the Buy Stop then we will change our strategy. Enjoy!
EURCAD H1EUR CAD is in a continuation bearish flag pattern but we are expected this is convert to AB=CD hormonics pattern.
Bullish USD JPY If it will break the buy-stop neckline there are wide chances that it will hit the TP point. After hitting TP it will enter the Point of the return zone, once it will enter there, I will devise the strategy for the new TP accordingly.
DXY BullishDXY can be bought if the price breaks above level B and can continue to be bought till D.
BTCUSD - Bearish ABCD Pattern on Daily Time FrameBTCUSD is making a bearish ABCD pattern. It has also made a bearish divergence and it has made a double top also (a small one). if the price breaks below the neckline then our ABCD bearish pattern is confirmed and BTCUSD will be in bearish trend.
GBP/AUD - Bearish AB = CD Pattern - Harmonics - RSI DivergenceGBP/AUD is forming a bearish AB = CD reversal pattern. Price is also showing bearish RSI divergence. A formation of double top is also completed near the potential reversal zone! Looking to short break of support!
EURAUD - Bearish AB=CD PatternIn hourly time frame of EURAUD 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
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.
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!!
