BTCUSD down AB=CDIn the 4-hour chart, BTCUSD encountered resistance and fell back after rebounding to 0.618 ratio in the previous band, and the short-term bearish trend is dominant. At present, we can pay attention to the downward band AB=CD mode, and the downward target is around 58,000. At present, we can pay attention to the short-selling opportunities around 62,000.
AB=CD
AUDJPY - Sell Limit1- There is a bearish divergence showing the bullish trend has lot its momentum.
2- The daily timeframe is still bullish which suggests that if our sell limit trade is triggered, the partial take profits must be collected.
3- If the sell limit does not trigger, we'll wait to see how the market presents the next move. No rush on this pair.
4- AB=CD Pattern is completed here.
EURUSD Analysis==>>AB=CD Pattern!!!==>>Short termEURUSD is moving near the Heavy Resistance zone($1.130-$1.118) and Resistance lines .
There is a possibility of Bearish AB=CD Harmonic Pattern formation near Resistance lines and Time Reversal Zone(TRZ) .
I expect EURUSD to decline to the Support zone($1.082-$1.066) after breaking the Support line .
Note: If EURUSD manages to break the Resistance lines, we can expect EURUSD to attack the Heavy Resistance zone($1.130-$1.118) and increase.
Euro/U.S.Dollar Analyze ( EURUSD), 1-hour Time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
US30: Will Bears finally be able to take over? BLACKBULL:US30
Bullish impulse has continued to dominated the market with US30 touching all time high in today, showing some rejections on last three daily candles. However, what we anticipate is the $43200 region which remain a psychological level and there is massive selling opportunity coming up. Please do your own research before taking any entries.
XAUUSD: Swing Buy Reversal is Coming! From 2450 to 2560! Dear Traders,
WE have an important entry coming up on Gold, possibly the one which will shape the gold market. After creating a record high and touching the 2530 for the first time, price exhausted and started dropping and ranged between the area. However, if we look into it with areas that gold may reverse from, the area that we find attracting is 2440 to 2450 in which we may see a large volume of buy volume kicking in the market. Good luck.
NASDAQas predicted, was looking at this sell opportunity, but my over all are buys at this 15min and 1 hr order block at bottom. i can do a entire break down but then i would be giving away valuable knowldge, that i had to learn, but anyways yea save this one and the last one i posted n buys and youll see why i bought at the bottom, and now going for another buy
XAUUSD 4H Buy LongXAUUSD 4H Buy Long
Reason for Going Long :Golden Ratio 0.618+AB=1.414CD+Volume Distribution+FVG=Going Long.
The entry level is around $2600 per ounce,and the stop loss level is set at $2591 per ounce.
The first target is around $2655 per ounce,halving the position and pushing for protection.
The second target level is around $2686 per ounce,then reduce the position by half and push for protection.
The third target is around $2750 per ounce,and then reduce the position by half to promote protection.
Follow the tail position and reduce the position for protection.
POPCAT → Bullish Pressure !!!the POPCAT is in a ascending triangle now which means the price will increase and also It is expected that the price would at least grow as good as the measured price movement(AB=CD)
According to Elliott's theory, the triple combo waves have ended and it means that the price can increase.
Note: we should wait for the breaking of the triangle and than make a move!
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
#EURNZD: +1600 PIPS Buying Opportunity Coming Up! Stay Tuned? OANDA:EURNZD
EURNZD has been seen making a ab=cd pattern which means that there is a big chance of having a price reversal in soon time. This reversal can be swing buy and may go beyond previously created monthly high. There are two areas that price may reverse from first one is the one that we are eying at and the second is the one which is where price has been reversing since months. However this area is likely to be broken if liquidity is going to be hunted. Therefore, we would like to advise all of you in advance to be extra cautious with EURNZD. Patience pays.
AUD/USD's Path to 0.70: Bullish Continuation in PlaySince the beginning of August, AUD/USD has started reversing its bearish trend. The rise appears to be forming an ABCD pattern, with the final target potentially around the 0.70 level. After reaching a recent high, this week's correction halted exactly at the confluence of support, defined by a horizontal line and a trendline.
Yesterday, the pair quickly rebounded near its previous top, which is clearly a bullish sign
Today, we’re seeing a minor pullback, which could present a good buying opportunity. I remain bullish as long as the support holds and am targeting the 0.70 zone.
XAUUSD: +400 PIPS Intraday Opportunity! Dear Traders
Gold has created a record higher high after touching 2670, price has made a minor correction after that, however, in our opinion it was a small correction due to liquidity emerged as the London Session opened. We think from current trending price we can see a clean move towards 2700$. Good luck.
Eye Keypoints for Potential Reversal (Technicals + Fundamentals)In the past several weeks, we've observed the following market movements:
1. First Uptrend: Over 23 weeks (161 days), the price increased from around 64 to 124 with a substantial volume of 438.94M.
2. First Downtrend: Following this, the price declined over 11 weeks (77 days) from 124 to 108, with a volume of 237.994M.
3. Second Uptrend: The price then rebounded over 18 weeks (126 days) from 107 to 168, supported by a volume of 319.661M.
Currently, we are in the 11th week of the latest downtrend, where the price has decreased from 168 to around 140, with a volume of 282.442M.
Key Insights:
The current downtrend mirrors the previous downtrend in duration (11 weeks) and volume.
The proximity of the current volume to past downtrends suggests we may be nearing a reversal point.
If historical patterns hold, we might anticipate a potential price rebound beginning within the next week or two.
Next Steps:
Monitor for an increase in volume (towards the 300M+ range) to confirm a reversal signal.
Target a potential price high of around 200 to complete this cycle if the upward trend resumes.
Furthermore , if we expect a dividend of 30 Rs next year and the expected interest rate is 15% , then the target price based on the dividend can also be calculated as follows:
Target Price = Expected Next Year Dividend / Expected Next Year Interest Rate
Target Price = 30 / 0.15 = 200 Rs
Conclusion:
While the current short-term trend is bearish (11 bars area), the increased volume hints at a possible reversal soon. With a projected dividend of 30 Rs next year and an expected interest rate of 15%, the target price based on dividends would be 200 Rs. This fundamental target supports the technical signals suggesting potential upward movement. Proper risk management and self-study should be incorporated.
#EURUSD: 600+ PIPS Buying Chance Emerging! Good LuckFX:EURUSD
Price in weekly timeframe shown us a clear price indication of what it could be heading towards. There are more than enough confirmations which helped us to analysis and predict the future price of EU. Although, there is a big chance that price may drop a bit further down due to FED involvement within the market tomorrow. However, we are confident enough that price will remain bullish for upcoming weeks. Good luck.
Short set up to sell side liquidity near C legIt's been awhile since I charted and traded oil. I'm noticing a similar bullish set up that the 20yr treasury yield had. If my wave count is correct, oil is showing a bearish 5th wave down. There is a set up for a desc. Triangle pattern which has a stealth ABC wave pattern. I have C wave near the sell liquidity around the 1st of October. Short term I'm bearish on oil particularly the 1hr/2hr time frame.. oil can invalidate this set up, by closing above the .50 fib level..
Not trading or financial advise. No position currently... will update chart once a trade is active or closed.
XAGUSD: AB=CD pattern is forming, what is next? Dear Traders,
Bullish pattern is forming, and we have witness change in price. Tomorrow Fed news will likely to take down the price and then reverse from the area that we have identified. We can target a swing area and target a reasonable position. Good luck.
NZDUSD-BULLISHNZDUSD is in bullish trend making HH HL and breaking resistances at 1H time frame, following continuation bullish flag pattern. Harmonic Pattern ABCD also confirms the upward trend while divergence is synced with chart.
Strategy 1
TREND Bullish
DIVERGENCE Yes(synced)
REVERSAL PATTERN No
CONTINUATION PATTERN Bullish Flag
HARMONICS AB=CD
Trade Plan
EP 0.62031
SL 0.61806
TP1 0.62250
TP2 0.62470
Risk 0.2%
ANTICIPATING TRADE Checked Dollar index(found bearish) versus major currencies and found JPY bullish, thus selected USDJPY for analysis, carried out analysis by applying following trading strategy:-
1. Bearish trend
2.Bullish divergence
3. No continuation pattern
4. No reversal pattern
5. Found bullish ab=cd harmonics pattern
6. Found trend reversal starting near point D THE PRZ, anticipates start of Bullish pattern and initiated two trades through buy stop
ANTICIPATING TRADES BY APPLYING TRADING STRETEGYAnalysis of AUDUSD Forex pair carried out on 12 Sep 2024 by applying following trade strategy:-
1. Bullish trend started and first HH formed
2. Bullish Divergence on end of Bearish trend
3. No continuation pattern
4. Bullish Double Bottom reversal pattern formed
5. Bullish Harmonics pattern AB=CD pattern formed and chart near point D, PRZ
6. Anticipated that chart will go bullish by making HHs & HLs
7. Initiated two trades on MT4 by marking buy stop on first HH and stop loss at HL