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Harmonicpattren

EURUSD > A Beautiful Classic Setup for Buy!!.Analysis of #EURUSD Hi traders, today we will have a look at #EURUSD the EURUSD tested its trendline resistance and as you can see that it started to fall back down, maybe it will now retest trendline support before deciding what to do next. I expect the market to test strong resistance trendline support, it's also the 4-hour time frame structure support level before deciding what to do next. if the market continues down, we can drop one-time frame and watch EURUSD for a bullish reaction and confirmation like reversal patterns or maybe harmonic patterns before entering a buy trade I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
by TheTradersAvenue
4
EURUSD > A Beautiful Setup for Buy!!.Analysis of #EURUSD Hi traders, today we will have a look at #EURUSD [ if you have checked my ideas today on this EURUSD you would have made profitable trade yesterday, you can check the link for my previous Idea below this idea right now, similar to the idea from yesterday, we have the market formed with clearly defined trendline support and trendline resistance we have also clearly defined our 4-h support zone also lining up with the trendline support, we can look for a buy entry at this zone with the trendline support, and I think the market may be forming a beautiful bulish harmonic Gartley pattern at trendline support inside the 4-hour support zone which will make a very good reason to get in a buy trade if the rules for entry are met I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
by TheTradersAvenue
16
USDJPY > Breakout is imminent, but Which Way It Will Go?Analysis of #USDJPY Hi traders, today we will have a look at #USDJPY Following up on my previous idea, as you can see the consolidation range is getting tighter and we can expect the market to break out soon. Check the previous Idea link for more details I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
by TheTradersAvenue
20
USDJPY > Detailed Analysis and Markup, What's Next?Analysis of #USDJPY Hi traders, today we will have a look at #USDJPY looking at my chat you can see the market has been consolidating inside this beautiful triangle pattern as you can see the range is getting tighter and tighter, and we can expect the market to break one way or the other then we can trade in the direction of the breakout looking for trend continuation opportunity if the rules for entry are met. it is not safe now to trade inside the range, the support and resistance have been tested a few times and with each test, it gets weaker, as the range, it is getting smaller, we can expect a breakout soon I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
by TheTradersAvenue
12
GBPAUD > A Beautiful Bearish Bat Pattern!Analysis of #GBPAUD Hi traders, today we will have a look at #GBPAUD as you can see here we have a beautiful bearish harmonic bat pattern likely to complete near a very strong resistance level where the market has previously dropped substantially more than 335 pips I will have two ways to enter the market either by sitting a limit order at that D leg completion or dropping a one-time frame to look for a bearish confirmation before I enter the market I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
by TheTradersAvenue
15
EURUSD > Might Provide Buy Entry Soon!!Analysis of #EURUSD Hi traders, today we will have a look at #EURUSD As you can see looking at my chart, you can see the EURUSD is consolidating inside this rising wedge, looking at the chart, we have a structure support zone and trend line support zone all lining up at a critical market level which will be good to look for a buy entry if the rules are met I will consider buying at structure support zone, small buy I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
by TheTradersAvenue
14
GBPCHF > Strong Supply Zone for A Sell Entry..Analysis of #GBPCHF Hi traders, today we will have a look at #GBPCHF here is another beautiful harmonic pattern similar to the one i posted on GBPAUD, here we have a beautiful bearish harmonic bat pattern, possible to complete near a very strong resistance level where the market has previously dropped substantially more than 450 pips You know how I like to enter harmonic patterns either by sending a limit order at that D leg completion or going a one-time frame lower to look for a bearish confirmation before I enter a sell I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
by TheTradersAvenue
19
GBPUSD > Detailed Analysis for Buy!!Analysis of #GBPUSD Hi traders, today we will have a look at #GBPUSD looking at the chart here you can see that we have the GBPUSD consolidating inside this triangle pattern. I still believe the market might breakout to the upside, above 1.2420, so we can trade the bullish inside of the triangle, as you can see we have the 4-h structure support zone which is also the trendline support level we could wait for the market to break above the trendline resistance and then enter in the direction of the breakout if the market provides trend continuation opportunities like a flag, channels, or double bottom at trendline resistance I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
by TheTradersAvenue
5
GBPCAD > A Possible Deep Gartley Harmonic Pattern!!Analysis of #GBPCAD Hi traders, today we will have a look at #GBPCAD Looking at the chart here we have the possibility of forming a beautiful deep bullish Gartley harmonic pattern, it's still early but it may come and it's better to be ready and know what to do in advance before the pattern is completed there are two ways I like to trade harmonic patterns it depends o how the market will complete the D leg, first option is the set limit order at the d leg completion the second option which is my favorite is to wait for the market to show bullish reaction inside the support level and enter with confirmation and good reward to risk I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
by TheTradersAvenue
16
GBPJPY > Traders Still Distributing GBP, Expect to See 157.00!!Analysis of #GBPJPY Hi traders, today we will have a look at #GBPJPY in this consolidation pattern as you can see it's kind of the traders are distributing the GBPJPY slowly and buying the Yen. I expect the Pound to keep going down against the JPY at least to test the trendline support near 157.000, right now in the 15 minutes time frame the market is forming a flag pattern that usually breaks to the downside. Today you know we have the interest Rate news coming from the bank of England so it will be risky to be in a trade before the news, Trade safely I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
Short
by TheTradersAvenue
21
NZDCHF > The Best Place to Buy with Good RRR!!Analysis of #NZDCHF Hi traders, today we will have a look at #NZDCHF we have a beautiful bullish harmonic pattern as you can see it's right now at the entry point but if you decide to enter here then you will have a reverse reward to risk which is something I don't like I prefer to wait for the market to push further down to test my structure support level also strong demand zone and provide a valid reason to enter with a favorable reward to risk I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
by TheTradersAvenue
27
XAUUSD > The Best Place for A Buy Entry!!Analysis of #XAUUSD Hi traders, today we will have a look at #GOLD Looking at the chart you can see we have a very classic uptrend, you can clearly identify the uptrend and the trendline support also we have a structure support zone near 1870 If you remember my last Idea at gold which also went out to hit the projected TP1 and TP2 targets, I will post the link below this idea so you can check This one is just similar to the previous idea but here we have a strong uptrend and the right move is to buy and not sell, I am waiting for the market to drop to trendline support and structural support and Fibonacci 681 all lining up in one zone drop on the lower time frame look for confirmation to get in a buy I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
OANDA:XAUUSD
by TheTradersAvenue
13
Time for a bull trend PauseThis is an early technical analysis on gold. Please note that I did not get bear confirmation yet. However I see trend getting weaking near resistance zones. Probably time for liquidity hunt before resume trend. Very quite week in financial calendar which must favors bears. Of course expect a bullish close in Monthly. Let me explain the method I used to fine targets This chart showcasing following indicators Fib extension Fib retracement Stochastic Moving averages (hidden) Analytical Method Elliot wave Simple Rules Wave 1, is very steep having an impulse text book count Wave 2, is zig zag irregular correction Wave 3, is an extensive wave with a combination of Elliot wave pattern. Which is very complex and shoot out of compression. This wave expected to finish between 1.273 -1.618 extension. Wave 4, Here is the argument rise which has to be a triangle or deeper zigzag. I didnot find that yet for best fit wave 5, No comment (Controversial called for argument) :) Found a harmonic bearish butterfly in hourly chart which is typical structure of wave 5 in Elliot wave So I labeled as per Fib Extension figures which shows a correction is due below 1860 Well this can be a deeper wave 4. I would like to label such correction as zigzag combination. The conclusion : I am shorting gold next week from the zone around 1930-44 target 1907 or deeper.
EASYMARKETS:XAUUSDShort
by VRShaiju
7
USDJPY > Possible Buy at Strong Structure Low!!Analysis of #USDJPY Hi traders, today we will have a look at #USDJPY looking at the chart you can see the USDJPY is in a downtrend, of course still the market has not yet tested the structural support level near 126.00 usually, the market will test the low before starting to reverse, and right now I can see the market moving down to test 126.00 structured support level before it starts to move up as you can see we have the market moving inside the downtrend channel and if the market test the lowest we will have a beautiful setup to get in a buy trade, but for sure not in this time frame, we must drop to the lower time frame and look for confirmation at the lows, we might get head and shoulders it will be my favorite to get in a buy if the rules for entry are met I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
by TheTradersAvenue
13
AUDJPY > A Possible Bearish Entry May Come Soon!Analysis of #AUDJPY Hi traders, today we will have a look at #AUDJPY As you probably know that all AUDJPY is very strong today due to strong fundamental news overnight, Looking at the chart you can see in the market is going up to test the daily structural resistance zone near 93.00, previously when the market was here at this level it dropped substantially We can expect the market to show a bearish reaction if it comes inside this zone again. If the market comes and tests my supply zone, we can drop to the lower time frame and look for the reversal patterns and confirmation we are turning bearish before selling the market targeting the next level of support IMPORTANT: The Aussie momentum is to the upside after the CPI news, wait for confirmation before entry I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
Short
by TheTradersAvenue
11
EURAUD > Strong Demand Zone to Look for A Buy!!Analysis of #EURAUD Hi traders, today we will have a look at #EURAUD As you can see if you look at my chart I have highlighted for you two important zones one being the supply zone on which is posted an idea before, you can check the link below this idea in fact the previous idea moved as I expected but it did not provide any reason to enter and It moved without me anyway I am hoping that the market right now will come and test the structure demand Zone near another key market level 1.5400 If the market drops and go inside the demand zone I would drop into a lower time frame looking for the market to turn bullish before getting in a buy trade with a good reward to risk I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
Long
by TheTradersAvenue
29