ABCD - important resistance linethe momentum of the price is low near the important resistance line , but still we have to wait for the price action confirmation, the possible bearish ABCD is about to form.
Bearish AB=CD
S&P 500 - Bullish AB=CD BAMMBullish AB=CD BAMM opportunity is now shaping up on the Standard and Poor's 500 index on the 4h chart.
This one to one measured move looks excellent, the AB=CD completion is beyond the ATH at 2877, this is complemented by the reciprocal ratio of 0.5 which is the 2.0 projection.
I'm expecting price to break resistance @ B followed by an acceleration in price action towards the pattern's completion. This move needs to be assessed in real time and we cannot use any limit orders, analyse price action upon the breakout of 2792 to determine the continuation.
We will be trading with a tight stop loss if executed, target is 2892.
You guys know what to do... Like, comment and share! I'll keep you all posted :)
bearish ABCD patternspotted a possible bearish ABCD harmonic pattern. Could drop to minimum point C if the pattern is true
GBPNZD 1 - Weekly OutlookGBPNZD Weekly Outlook - November
Base Analysis
Bearish ABCD 127.2/161.8
Bullish Bat 88.6
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Caution, I only trade on a moderate trend basis on H4 D1 and sometimes W1 .. I am not chasing any small movement and I also dont easily change my point of view by giving a lot of charts just for recognition that show some weakness on my analysis. Only work smart and rest hard.
I am also not responsible if there is a loss due to follow my analysis. but you need to know my success rate in trading is very high.
Enjoy the Pips.. Dont forget to like and subscribe.
Bitcoin - Bearish AB=CDTraders, today we have BTC/USD on the 4h chart with a bearish AB=CD pattern.
The measurements for a valid AB=CD pattern are detailed below.
C: 0.618 - 0.786
D: 1.272 - 1.618
I'd like to break down several aspects of this chart in order to show everyone exactly what I'm looking at.
#1: Ascending channel and untested high
Price is showing signs of indecision at resistance around $6,000.
Previous ATH still untested.
#2: Potential three drives formation
#3: Similarity in price moves
Price move A to B to achieve the previous ATH at $5,000 is similar to C to D.
As always use this analysis in relation to your own.
I'll be updating this idea as it progresses, I hope you all have an excellent weekend.
ABCD Bearish PatternI would go with the C Leg forming now but the RSI shows that there is more bullish potential. Assuming that It would reach 61.8 retracement of A Leg then exhaust buying momentum, I'm looking towards a bearish extension of the C Leg down to previous structure.
USDCAD small small bearish AB=CD patternI'm trying to broaden my horizons on my harmonics and find new types of patterns. Feedback is very welcomed
CADCHF SHARK + ABCD PATTERNReasoning:
1) Confluence of Harmonic Patterns on Key Structure
2) Bearish RSI Divergence
3) Double Top.. ?
* Do your own due diligence before entering the trade
GBP/CHF - Bearish AB=CDWhat's up everyone, here we have GBP/CHF with a bearish AB=CD pattern on the 4h chart.
The measurements for a valid AB=CD pattern are detailed below.
C: 0.618 - 0.786
D: 1.272 - 1.618
Excellent trading opportunity with over 1:3 risk to reward.
The D point may complete at 1.618 which is a key resistance level in the market.
A to B time completion is very similar to C to D with around 38/35 days and 173/153 price bars.
Feel free to connect with me on social media :)
USD/CHF - AB=CD + Fibonacci Retracement + Moving AverageHello, traders!
Today, we are looking at TONS of confirmation with the USD/CHF on he 1D chart
After the completion of the Bullish ABCD pattern, it looks as though price will be reversing at the 0.618 level.
This is also confirmed by the Moving Average Indicator set to 50.
Price will continue to go down in the days to come as long as price doesn't break out of the descending channel .
Risk Ratio 1:2
The measurements for a valid ABCD pattern are detailed below.
AB: 0.618 - 0.786
CD: 1.272 - 1.618
Copper - short - AB=CD and bearish bat patternHi guys, to potential harmonic patterns evolving with structure resistance around completion point. watch for price action to confirm an entry. targets on chart.
trade with care.
AUD/CAD Short (AB=CD)aud/cad
long term
Entry: 1.03537
TP1: 1.01279
TP2: .99876
SL: 1.05795
(Revision to previous acad short)
NZD/USD 60 min Bearish Gartley and Bearish ABCD patternI'm looking to get short around .7143 with my stop at .7160. I have two targets, first at the .7100 even handle and the second at the swing low at .7075. There is a ABCD completion around .7146 and a bearish Gartley completion at .7135. I really would like to see some bearish candles around the .7140's before getting short. Good luck trading out there.
EUR/GBP M1 - Bearish ABCD patternThe pattern speak for itself, the bearish ABCD pattern looks to work fine and trying to get the downtrend top channel.
USDCHF 60min. BEARISH ABCD PATTERN CALLS FOR A RETRACEMENTBearish ABCD pattern appeared on USDCHF 60 min. chart.
Short @ 0.9582
Target - 0.94559
Stop - 0.96427
I guess the trade will take a few days to work out.
