XRP USD - 15MHello Friends :)
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Harmonicforex
Nasdaq 100 Index 15MLike and comment if you find value in our analysis.
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USDJPYIs USDJPY exhausting at strong resistance level?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after reaching at resistance level and bearish divergence suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 143 followed by 140.
What you guys think of it?
GBPUSD SELL TO BUYThe price approaches the key zone where manipulation will be observed.
With the seller's work and the formation of bearish formations, this range for further movement is 1.2318-1.2186, where it will be interesting to consider the reaction of the buyer to continue the upward movement to the local accumulation of liquidity in the range of 1.2750-1.2930
Maintain your risks and act in accordance with your trading system.
AUD / CAD 30 MINThe expected scenario for the AUD / CAD pair , we wait for the Price Action candle to buy After the pair arrives at the specified area
Rally on USDCHF?The MLQP is at hand, will the bears continue to push dollar beneath MLQP but remain in the hesitation zone and reverse at the PRZ? Only one way to find out
One last push before coming downGBPUSD is still on the downtrend with the bears not backing out anytime soon. However, there seems to be a change in trend as the pound creates a higher low.
Question is, will that support hold and be enough for the bulls to change the course of trend towards the LQP and reach the D point of the Shark Pattern?
USD/JPY Daily Analysis: Seizing the Bearish bat pattern 📉Shalom, tradingviewers, from the holy city of Jerusalem! Where I live right now, in the neighbourhoods of kindness. Thanks to the Creator 😀 Its a great pleasure to share my precious insights with you as always.
Today, we embark on a journey, where the USD/JPY currency pair beckons with a compelling setup on the daily timeframe:
📌 Technical Analysis Highlights 📌
🦇 Bearish Bat Pattern: Picture this - the price action has masterfully crafted a bearish bat pattern, renowned for its impressive win rate. This pattern has gracefully steered the price towards a pivotal point at 149.500, none other than the D leg of this harmonic formation.
📉 Anticipating a Correction: Now, as we stand on the precipice of change, the RSI indicator chimes in from a highly oversold territory, casting its vote of confidence in this scenario. And there's more - a bearish divergence has been evolving over the past two months, reinforcing our bearish outlook.
📈 Trade Strategy 📈
With these potent technical signals as our guide, we take action. This daily analysis caters to those with a broader perspective - a long-term vision of the markets.
📊 Long-term Targets 📊
1️⃣ First Target: 144.750
2️⃣ Second Target: 141.000
3️⃣ Ultimate Target: 135.000
While this daily analysis provides a panoramic view, remember that shorter timeframes may offer opportunities with tighter stop losses. Trade wisely, manage risk diligently, and may your trades bring abundant success! 🍀
Feel free to share your toughts in the comments section, follow me for updates and don't forget to press the like button if you want more qualitative insights like this one 🌊🚀
GBPNZD BUYSI'm actually waiting for a huge pull back on the daily or weekly chart for sell entries. Support areas were hit several times indicated by the green arrows and we also have a D point entry leg on the crab harmonic pattern bouncing off that same area of support for added confluence. Great week ahead.
NAS100NAS100 is at very critical level. After the recent massive sell off the buyers are being reluctant to buy.
But the price is also reached at inclining trendline, which is also the BC length of harmonics.
It seems like harmonic may attempt to complete its final length CD.
If CD length completes the realistic target for bulls could be 15600.
What you guys think of this idea ?
CADCHF BULLISH SHARK SWING TRADEHere's the other analysis on this pair for the higher time. It serves as a bullish confluence on the previously posted daily chart of cadchf. Go LONG!!!
XAUUSDIs XAUUSD getting ready for some serious pain?
It seems like the gold is in the formation of ABCD pattern.
If the CD leg plays perfectly it will be red bath for gold bulls.
BluetonaFX - USDJPY ABCD Pattern WarningHi Traders!
There are potential warning signs that the outlook for the US dollar is not as strong as we hoped. Bad data has been coming out of the US this week, leading to traders being very nervous about tomorrow's NFP announcement.
This technical analysis on the charts also supports this. The market is currently in an ABCD formation, and the demand zone at the 145 level, which has been very strong over the past few weeks, must hold here; otherwise, there is a risk of a potential reversal of the bullish trend.
Last week, we posted a bull flag opportunity and stated that the market must break and close above 146.564 for a possible continuation towards 150.000, which the market has yet to do. This pattern is still in play, but the demand zone must hold.
All eyes will be on the NFP announcement tomorrow, and further bad data will lead to a bearish outlook for the US dollar.
We would love to hear your thoughts on this in the comments section. Please also do not forget to press the like button and follow for more updates.
Thank you for your support.
BluetonaFX
DXY August 6th 2023 Predictions Update Pt 3Okay so we go back to check on my record for predicting price movements and see we are on track to follow that speculation. We will see some ranging and a continuation in decline. Aaron C. AKA TruthakaWallStreetakaCookie, Owner, Konnect One Forex Signals
EURUSD 4H Bullish & Bearish EURUSD 4H Bullish & Bearish and M and W.
Double tops and bottoms are important technical analysis patterns used by traders.
A double top has an 'M' shape and indicates a bearish reversal in trend.
A double bottom has a 'W' shape and is a signal for a bullish price movement.
Double top and bottom formations are highly effective when identified correctly. However, they can be extremely detrimental when they are interpreted incorrectly. Therefore, one must be extremely careful and patient before jumping to conclusions.
Butterfly Harmonic PATTERN EURAUDThere is Bullish Butterfly Harmonic PATTERN found in 1 hours Chart. Point D is PRZ so as per trend it's showing the Bullish Trend and , May price move upward from this Point. TP1 & TP2 Is marked for Book Profits. there is Divergence as well to this also show the Trend Reversal from the Point D.
EURUSD... SHORT IDEAGreetings. This is my daily analysis. In the short term, I see a break in structure, and I think it is retesting the sell area.
Also, we have a harmonic pattern, resistance zone and double top.
Sell by market.
SL: 10 pips.
TP: 10, 20 pips.
See you soon.
JB.-
EURUSD... time to SKYROCKET!!We have almost the quantum-harmonic-pattern.
B: 61.8-78.6%
C: 38.6-50%
D: 224%
This entry, is only valid for 3 trading days.
Buy limit at 1.08119.
SL: 30 pips
TP: 30(move SL to BE), 60 pips.
Risk:
Small accounts: 0.01 lot
Big accounts: 0.1/1 lot
Expectations for CADJPYAn entire breakdown as to what I expect CDADJPY to do this week coming up. I also go over what I use to determine these movements. How I look at the market, how I can be 90% winning and growing my account every week. The chart looks crazy but I explain why.
gold buy zone around 1880gold hasalmost complet harmonic butterfly around 1980 we should see some pump around 119
NAS100NAS100 has completed Bullish bat pattern at very strong support zone with bullish divergence as well. If we put all these confluences together ,Then NAS100 is must due for strong bullish correction.
What you guys think of it ?
📉🦇Bearish Bat Pattern Sparks Market Fears on Dow Jones! 📉🦇After successfully bagging over +1000 points on a recent Nasdaq buy, it's time to switch gears and follow the bearish trend on Dow Jones. The bearish setup is crystal clear in the 1-hour timeframe, as price has formed a bearish bat pattern - a proven and reliable harmonic pattern with a high winning rate.
The trend reversal has been confirmed by a bearish candlestick: a bearish engulfing, signaling that the late bulls have been trapped and the bears have taken control. The icing on the cake is the impending crossover of the 9 and 21 moving averages, which will intensify the selling pressure. Additionally, the RSI has hit a significantly overbought zone, further indicating a potential sharp fall ahead.
I have my sights set on three take profit levels. First, I'm targeting 34150, where I'll be locking in some profits. Next, I'll be aiming for 33950 as my second take profit level. And finally, my target is set at 33650, as I expect a satisfying drop in price.
Get ready to ride the trend reversal and make the bears dance to your tune! It's time to capitalize on the bearish momentum on Dow Jones! 📉🐻💰
Feel free to share your toughts in the comments section, follow me for updates. And dont forget to press the like button if you think this insight was helpful !🚀
BTC : THE 47K TARGET BTC has previously aimed for the significant target of 31K. Given the patterns observed in the last BTC cycle, there is a strong possibility that it will now strive to reach 47K.
However, it may take some time for BTC to reach the 47K target. This prediction is based on technical analysis and the current trend exhibited by BTC.
The current level where BTC stands has historically shown resistance, and it could play a crucial role in breaking through to $32,800. Once that happens, there will be an open pathway towards the 47K trend.
