Hamonic
DXY versus Fed Funds rate and PMIsDXY shown here with macro harmonics, contrasted with historic Fed Funds rate and US PMIs.
Fractal is taken loosesly for the circled areas, with the suggested path involving consolidation in the 115- 105 range.
Hypothesis: as developed nations step in to intervene to prop up their currencies, by tightening (central bank rate hikes like we are seeing from BOE and Swedish Central Bank in the last week) and potentially tapping into their long end US Treasury reserves to purchase dollars ad buy back their own currency, as late last week's BOJ intervention suggests, DXY will consolidate but ultimately break up into the 119-low 120's before some cooling off.
Noteworthy technical macro ascending channel with 4-5 confirming touches.
***Harmonics are merely noteworthy phenomena, and not intended or regarded by myself as predictive of future price movements in any way.
ATOM/USDTActive Trade Set up
Outperformed the Macro
Created the Bullish Bat Harmonic at the 0.886 retracement sprung and backtest of spring (type 2 return) On an old inflation point from history
Hidden bullish divergence develops at the PCZ of the harmonic where it just happens to have also created an inverse head and shoulder pattern
NZD/CAD - Harmonic Cypher PatternCypher Pattern already completed, but i'm waiting for a better confirmation as a price touching the the Major Support at 38,2 fib Support or waiting that break the Wedge to the upper side.
Bullish Cypher Pattern already completed
Falling Wedge pattern on formation
38,2 Fib Major Support
Confluence of Fib Inversion and Fib Extension
RSI divergence
Lower TF Short; Higher TF LongWith a break of 1.68 Support
Suggests that there still might be some more downside Momentum
Bearish Target 1.66
Completion of Bullish Cypher
Previous Post invalidated
However, with a Monthly Closure of an extremely Bullish candle
We can possibly anticipate a strong Bullish push Near the End of the Month
Bullish target remains 1.7225
USDCAD - Daily - Bullish SharkHi Guys,
Here we have the USDCAD Daily. Price is currently heading towards 'D' point for a huge potential bullish bat with a target of 1000 pips!
I will not be entering long until price hits 'D' point and I get additional confirmation of a reversal.
Do let me know of any questions or comments below.
Thank You
Victoria
USOIL/CL1!/WTIUSD/CLK2017 [Bearish Head and Shoulder pattern]Hamonic Bat Pattern Bearish orange color
Hamonic Alt bat Pattern Bearish orange color
Motive wave
Small Elliott wave 5
Big Elliott wave 3~5
--> Big Elliott wave 1
hamonic pattern Gartley
--> Small Elliott wave 1 & Big Elliott wave 2
Hamonic pattern Gartley
=> Da
Corrective wave
small Elliott wave 5
-> Expanded flat & Hamonic pattern crab Bearish
-> Ending Diagonal pattern
CL1! CL2! USOIL WTIUSD CLK2017