Harmonicpattren
Perfect automated detection of Cypher & Shark PRZ - ShortA bearish-type big Cypher pattern occurred within the resistance zone of 1.4590-1.4770.
(In this resistance zone , there was a rebound in Oct 2020, Jul 2020, ...)
If the price rises to 1.4837, a bearish-type Shark pattern could occur.
Short after seeing the rebound. At that time, be careful of re-inversion in the support zone of 1.3870-1.4230.
*Harmonic patterns and support/resistance zones are automatically detected using the indicators below.
- Harmonic auto-detect PRO
- Support/Resistance Zone Auto PRO
OCEANUSDTHello Dear friends
On higher time frames, if our downward trend line breaks upwards, there is a high possibility of price advance. Keep in mind that for the harmonic pattern to be valid, the uptrend must be above the $0.3413 range.
It is important to maintain the range of $0.1397 and if the range of $0.2466 is completely consumed, it looks like we have a head and shoulders pattern at the end of the downtrend and the descending channel.
We would be happy to hear your comments
Perfect automated detection of BlackSwan pattern - ShortA bearish-type big BlackSwan pattern occurred.
If the price rises to 0.87045, a bearish-type Butterfly pattern could occur.
Also on the daily chart, bearish-type BlackSwan pattern is occurring.
Short after seeing the rebound.
*Harmonic patterns are automatically detected using the indicators below.
- Harmonic auto-detect PRO
EURNZD > A Nice Triangle Pattern, Breakout Soon?Analysis of #EURNZD
Hi traders, today we will have a look at #NZDCAD
The EURNZD forms a nice triangle pattern, as you can see we have multiple touches on each side.
one way to trade this pattern is too to trade the consolidation inside the trendlines, the other way is to wait for a breakout and trade in the direction of the breakout, which is what I like to do.
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!
PayPal (PYPL) ... 3 PossibilitiesPayPal (PYPL) managed to return 30% in the first half of November 2022 and then gave it all back.
Obviously going forward there are three possibilities:
a) PYPL-Breaks dotted red line and traces out a Bullish Butterfly pattern with its point D being ~ $64
b) PYPL-Holds Bat D ~ $71 and traces out the same targets of the old Bullish Bat Pattern.
c) PYPL-Continues sideways
While we will most probably be hostage to J Powell and the Fed bullies until next week,
I would presently handicap the probability of each outcome as:
A) 30%
B) 55%
C) 15%
No position here...I'll let the price action direct me and get back.
As usual this is not investment advice... do your own due diligence!
S.
EURNZD > A Fantastic Bearish Harmonic Bat Pattern.Analysis of #EURNZD
Hi traders, today we will have a look at #EURNZD
The EURNZD is similar to my previous analysis on the USDCHF we have another beautiful bearish harmonic bat pattern that may or may not come, but we can set an alert that reminds us if it is ready for entry.
Entry rules would be either a limit order at D leg completion or pausing for conventional entry at the structure resistance zone, getting confirmation the market turning bearish, then entering sell 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!
USDCHF > A Bearish Harmonic Bat Pattern!!Analysis of #USDCHF
Hi traders, today we will have a look at #USDCHF
The USDCHF might be forming a bearish harmonic bat pattern that might complete soo to provide us with a reason to get into sell entry soon
Entry would be either a limit order at D leg completion or waiting for conservative entry at the structure resistance zone, getting confirmation the market turning bearish, then entering sell 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!
Perfect automated detection of DeepCrab pattern - ShortA bearish-type big DeepCrab pattern occurred near the resistance zone of 1.4560-1.4720.
(In this resistance zone , there was a rebound in 07 Feb 2022, 21 Dec 2021,...)
Short after seeing the rebound.
*Harmonic patterns and support/resistance zones are automatically detected using the indicators below.
- Harmonic auto-detect PRO
- Support/Resistance Zone Auto PRO
GBPNZD > Bearish Bat Pattern, Good for A Sell..Analysis of #GBPNZD
Hi traders, today we will have a look at #GBPNZD
The GBPNZD has been moving sideways for a while now, and when the market moves like that, my favorite way of taking them is using harmonic patterns.
looking at my chart you can see I have a bearish harmonic bat pattern that might complete the D leg soon near key market level 1.9400, which I like to see.
Entry would be either a limit order at D leg completion or waiting for conservative entry at the structure resistance zone, getting confirmation the market turning bearish, then entering sell 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!
AUDUSD >Advanced Analysis for Buy Entry!!Analysis of #AUDUSD
Hi traders, today we will have a look at #AUDUSD
The AUDUSD might be in corrective waves before resuming a move to the upside, while I am no expert in Elliott wave theory, I have some basic knowledge of the waves.
the market might continue correctly downward to complete the ABC correction wave, the best move would be if the market corrects to complete an equal move to the downside near 0.6600, which is Fib 1 Extension.
if the market drops further to my zone I will look for a reversal pattern on the lower time frame to get in a buy trade in anticipation of a further move to the upside
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!
GBPUSD > Strong Buy Signal Might Be Coming Soon!!Analysis of #GBPUSD
Hi traders, today we will have a look at #GBPUSD
GBPUSD following my previous analysis of GBPUSD I am still looking for a buy in this market if the market drops further to the downside.
as you can see we have a trendline support level, also FIB 1.618 inversing, and FIB 0.786 retracement all lining up near critical market level 1.2000 which will make an excellent level to look for a buy entry if the market test this zone
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!
Perfect automated detection of WhiteSwan pattern - LongA bullish-type big WhiteSwan pattern occurred within the support zone of 1.3410-1.3550.
Long after seeing the rebound. At that time, be careful of re-inversion in the resistance zone of 1.3830-1.3970.
*Harmonic patterns and support/resistance zones are automatically detected using the indicators below.
- Harmonic auto-detect PRO
- Support/Resistance Zone Auto PRO
Perfect automated detection of Butterfly pattern - ShortA bearish-type Butterfly pattern occurred near the resistance zone of 1.0740-1.0810.
If the price rises to 1.0553, a bearish-type DeepCrab pattern could occur.
Short after seeing the rebound.
*Harmonic patterns and support/resistance zones are automatically detected using the indicators below.
- Harmonic auto-detect PRO
- Support/Resistance Zone Auto PRO
AUDUSD > Straightforward Traditional Triangle Pattern!!Analysis of #AUDUSD
Hi traders, today we will have a look at #AUDUSD
The AUDUSD is similar o my previous idea on EURUSD a straightforward traditional triangle pattern with confirmation, as we have broken the trendline resistance and now started to move back down.
you can drop a one-time frame and look for a reversal pattern at resistance to see if other trades are also looking for what you are looking for, and if there is interest in buying it back.
if the maker doesn't provide a reason to get in at trend line resistance, usually what will happen is the market will drop to make another test of trend line support, which will make a good buy entry to target 0.6900
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!
EURUSD > Possible Continuation to The Upside!!Analysis of #EURUSD
Hi traders, today we will have a look at #EURUSD
The EURUSD forming a simple classic triangle pattern which usually indicates more upside coming might be triggered tomorrow by NFP news.
The market so far failed to close above trendline resistance and might be coming down for another test of the trendline support level near 1.0400-1.0350 which is where i will look for abuy entry if the rules for entry are met, usually, breakout patterns have high hit rate, that's why i will be keeping a close eye on this pattern.
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!
Perfect automated detection of 3Drive pattern - LongA bullish-type 3Drive pattern occurred within the support zone of 1.6450-1.6500.
Also on the daily chart, bullish-type 3Drive pattern is occurring.
Long after seeing the rebound. At that time, be careful of re-inversion in the resistance zone of 1.6650-1.6700.
*Harmonic patterns and support/resistance zones are automatically detected using the indicators below.
- Harmonic auto-detect PRO
- Support/Resistance Zone Auto PRO
NZDCAD > How to Use FIB for Classic Trendline Entry!!Analysis of #NZDCAD
Hi traders, today we will have a look at #NZDCAD
The NZDCAD has a similar setup to my AUDCAD idea as you see we have a perfectly clear uptrend, and clearly defined trendline support.
the market has previously a strong resistance level which the market broke and move to the upside, the market now is expected to continue up, and we can look for trend continuation patterns such as channels or triangles, wedges or flags,
the market, in fact, might e forming a channel pattern now, but you need to be careful that it's not a double-top pattern, for that wait for confirmation first.
if however, the market dropped to test its trendline support, and previous structure support zone, which is also FIB golden ratio 0.618, which is perfect for me, to start looking for 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!
USDCAD > The Best 2 Places for High Quality Buy!!Analysis of #USDCAD
Hi traders, today we will have a look at #USDCAD
The USDCAD might be providing a buy entry at previous structure support soon, we can wait for a reversal pattern like the double bottom on the lower time frame to use as a reason to get in a buy entry.
if the market doesn't provide a reason to get in buy at the first level, I will still be looking for a buy entry near trendline supports you can see on my chart, the same thing we can wait for the double bottom at trendline support that meets the rules before getting in a buy trade
Personally, i prefer to buy at the send place, but i will see what the market provides.
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!
AUDUSD > Perfect Setup for Buy Entry!!Analysis of #AUDUSD
Hi traders, today we will have a look at #AUDUSD
The AUDUSD might be forming a perfect setup for a buy entry, as you can see we have an uptrend, and now the market might be coming to test its trendline support, near 0.6450.
Also, we have a possible bullish harmonic bat pattern that might complete the D leg also near my trendline support, which is one of my favorite ways to use harmonic patterns.
as you can see if the market comes to test trendline support it will complete the D leg for my Bat pattern, which will be a very good reason to enter buy trade if the rules 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!
NEARUSDTHello Dear friends
In the daily time frame, the trend has approached an important support zone. At the same time, the butterfly harmonic pattern has also been formed in this time frame. Positive divergence of RSI has also been issued.
On the lower time frames, if the downward trend line is broken upwards, the possibility of the price advancing to higher areas is strengthened.
As long as the uptrend does not break above the $2.374 range, the harmonic pattern is invalid. You should keep in mind that if the correction trend is below the $1.379 range, our bullish view will expire.
EOSUSDTHello Dear friends
A positive RSI divergence has been issued to us on the daily time frame. But in the correction process, a LL has been formed. As a result, on higher time frames, there is a weak possibility of forming an increasing trend.
On the four-hour time frame, we have a triangle pattern at the end of the downtrend and a Cypher harmonic pattern is formed. But on this time frame, divergence has not been issued to us.
Provided that the upward trend line is maintained, and the upward trend is stabilized above the price range of $0.98, there is a high probability of the upward trend continuing.
We would be happy to hear your comments.
GBPUSD > The Market Might Continue Down!Analysis of #GBPUSD
Hi traders, today we will have a look at #GBPUSD
The GBPUSD broke out of this consolidating wedge pattern, I am expecting the market to keep on falling down to test the support level near 1.16500-1.1600
I am watching the market to see if i can get in a sell trade to target the next level of support.
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!