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.
AB=CD
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
Bitcoin Analyze (Short Term, 15-minute Time Frame,03/20/2023)!!!It seems that the story of filling the 🔵CME Gap🔵, which Bitcoin tried to fill for several days, is coming to an end.
It seems that gap filling is happening by 🟣bearish AB=CD harmonic pattern🟣.
Point D of the bearish AB=CD harmonic pattern will most likely end at the end of the gap and on the 🔴resistance line🔴.
I expect Bitcoin to decline to the 🟢support line🟢 and then the 🟢support zone ($26,980-$26,780)🟢.
🔔In general, because Bitcoin reaches the 🔴heavy resistance zone ($32,400-28,120)🔴 for the first time, it is very unlikely that it will break this zone so easily, so don't take FOMO.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
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DXY Chart Analysis....
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