Harmonicmoves
USDJPY- 1H - abcd pattern within a CD leg of a larger ABCDIn an earlier idea analysis of daily timeframe, I have developed a bearish bias on USDJPY.
Now looking on a lower timeframe - 1H - I see a sort of bearflag formation wich could be also interpruted as a smaller (fractal) abcd pattern within a larger ABCD's CD leg.
This just reenforces my bias to the downside and I am waiting for the market to give me further information - supportive or contrarty to current bias - so that I can plan my next move.
Identified a couple of Price Reversal Zones highlighted in yellow box. These are just above a higher (daily) timeframe's possible PRZs.
End of the road for LINK on LTF?Both Bullish and Bearish harmonic patterns indicate a drop on LTF. It has a been a fantastic Bull phase for LINK. Not in the long trade for now. Just watching price action on the sidelines doing some observations on chart patterns and harmonics.
Possible Bearish BAT ON DJIPossible Bearish BAT ON DJI Whats price action to confirm
Watch fib fo TP 1 2 and 3 . i think it will hit the 100% bottom.
Bearish Pattern USD/MXN SHORT BIG MOVE ** DON'T MISS THIS ONESecondweek of april USDMXN WILL BE IN BIG SHORT WATCH OUT BIG PIPS
Tata Steel - Long Term HoldingTata steel is approaching their major support area . Level is 200 Rupees . Investors can Open a long positions from this level
ADANI PORT SPECIAL - Mid Term swing IdeaHello all ,
Today I am going to share one of my swing trade idea in Public. Adani Power is looking good and trading almost in a heavy demand zone.
First Buy : 199
Second Buy : 164
Stop loss : 145
Target : 244/300/360
Time span : 1-3 Month
EUR/USD Possible future bat Nothing confirming the pattern yet but it's a possible formation in my view, for while just watch.
FINE ORGANIC INDIA - MID TERM SWING Hey everyone,
Fine Organic is one of my favorite @stock . Holding 800 quantity from 912 Rupees and has plan to add more quantity on our Harmonic PRZ.
EURCHF Harmonic Pattern PRZOn EURCHF Strong PRZ and Strong Sell On this Value
Harmonic Pattern That's so Nice
GBPNZD: Harmonic Swing MovesFirst swing equals the length of the second swing.
Second swing is close to 161.8% in time of the first wing.
We also see a tweezer top on the weekly and possibly a double top formation.
Good luck, God bless and happy trading.
GBPCHF: Harmonic Bat PatternWith Brexit coming up this week, will this pattern go to its maximum potential?? time will tell
2190 points divided by 1329 = 165% (161.8%)
Happy trading and God bless
ICICI Bank Long Build up in IntradayHey Everyone,
You had caught a good short from our previous harmonic PRZ and made good profit there. Now I had found an another swing and its a long setup . Good setup for swing and Intraday as well .
Buy Area 418-422
Stop Loss : 414
Target : Open
EURUSD: Fib Ratios and Harmonic Price Moves (Swing Trade UPDATE)Heres a peak of the previous post:
The support at 1.103 was not as strong as I expected, but still this just leads to another opportunity.
Noticed some high impact news concerning the euro coming up on Monday by Germany. Im pretty sure the dip today is just another manoeuvre to add fuel to the liqduity pool.
In this chart we are not looking at a defined harmonic pattern, but we see some confluence by the 61.8% fibonacci ratio with a twist of harmonic price movements.
A harmonic move is simply symmetry between price and/or range or length. As showed on the chart AB took 3 bars to complete and BC took 5 bars. Multiply 3 by 5 you get 60% which is also very close to the 61.8% as showed on the chart.
Even though I got stopped out of the previous trade I am very tempted to try placing stops at 1.009xx for a potential return of 15 times risk. I do believe its safer to put stops at 1.098. This still offers potentially 5 times the risk.
Im already in both trades after taking a small loss from the previous trade posted in the channel.
Please leave a like as a sign of support and make sure to leave a comment below if you have any ideas regarding EUR/USD and make sure to check the related idea for more information!
Good luck to all trading EUR/USD for the next 2 months!!
Nifty 50 Intraday Trade setup before the expiry 22 JanuaryIn this chart you can see that I only give Buy signal only because on the chart I didn't seen any short signal . There is 2 levels to open a long. You guys need to wait for support level which is good to build a long position in Intraday or wait to breakout the yesterday High,
