ACCHello and welcome to this strategy in ACC a large cap Cement sector stock.
It has made a Bearish Harmonic Alt Shark in hourly time frame suggesting downside levels of 2375/2300 as long as it stays below 2495.
Harmonic patterns are based on Fibonacci ratios coming into alignment. They indicate reversal of trend for retracements of 38-50-62% and more depending on the strength of reversal and overall trend.
Risk Reward : 50 : 70 & 140
Suggested Time frame: 2-3 weeks
Harmonicsignals
PETRONET LNGA Bullish Harmonic AB=CD reversal was met by a slanting trend-line resistance which lead to a dip towards 88% retracement with the likelihood of a double bottom activating a Bullish Harmonic Shark.
This up move can go till 225/235/255 as long as it does not break the lower base formed when the AB=CD was made.
Harmonic Patterns are based on Fibonacci ratios which conform to specific alignments. They are among the fastest to give reversal signals unlike oscillator based systems.
ETHBTC long Cyber patternETHBTC possible long on PTZ for Cypher harmonic pattern.
Cypher pattern often appears as complex correction of Elliott wave fractal. Also in typical running flat or typical 3th wave correction.
If this is case, we should see 1st impulse (not necessary to catch bottom) and better to wait for pullback after first move. If not hold we can see level what I will watch on weekly.
REMEMBER all this charts is education only based on harmonic patterns , Elliot waves and Fibonacci.
$SUNW Target PTs 16.50-17.50 and higher...in Parallel Channels: Sunworks, Inc., through its subsidiaries, provides photovoltaic based power systems for the agricultural, commercial, industrial, public works, and residential markets in California, Massachusetts, Nevada, Oregon, New Jersey, and Hawaii. The company also designs, finances, integrates, installs, and manages systems ranging in size from 2 kilowatt for residential loads to multi megawatt systems for larger projects. In addition, it offers a range of installation services, including design, system engineering, procurement, permitting, construction, grid connection, warranty, system monitoring, and maintenance services to its solar energy customers. The company was formerly known as Solar3D, Inc. and changed its name to Sunworks, Inc. in March 2016. Sunworks, Inc. was incorporated in 2002 and is headquartered in Roseville, California.
AMAR RAJA BATTERIESIt has activated a Bullish Harmonic Deep Crab. It could bounce back to 835/875 as long as it does not breach 785
$AABB PT .54 and higher...LAS VEGAS, April 08, 2021 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) ("AABB" or the "Company") is pleased to announce that the Company is finalizing the appointments of new management personnel this month. As AABB moves forward with the development and expansion of mining operations, AABBG gold-backed cryptocurrency and administration initiatives, the Company requires added expertise and professional supervision to achieve its goals. Concurrently with the upcoming management appointments announcement, AABB will be publishing a new website with comprehensive information highlighting all aspects of the Company. Furthermore, subsequent to establishing the new management transition, the Company plans to release an audit status update.
About Asia Broadband
Asia Broadband Inc. (OTC: AABB) is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets. The Company utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate its innovative distribution process from the production and supply of precious and base metals in Mexico to client sales networks in Asia. This vertical integration approach to sales transactions is the unique strength of AABB that differentiates the Company and creates distinctive value for shareholders. The Company has recently released its freshly minted mine-to-token gold-backed cryptocurrency AABB Gold token (AABBG) and strives to become a world-wide standard of exchange that is secured and trusted with gold backing, an outstanding quality relative to other cryptocurrencies.
Gold going up after forming Gartley patternAfter forming the Gartley pattern on the 8th of March, gold seems to be going up again.
The Gartley formation can be supported by the 38,2% Fibonacci retracement level:
If the current move gets negated, we also have a possible Butterfly pattern forming at $1560:
Scripts used in this analysis:
Harmonic Scanner Pro
Harmonic Predictor
EURGBP correction, then shortEURGBP market is very bearish on all timeframes on the daily price recently broke below daily support with a strong bearish impulse, after a impulse you expect to see a correction and market to go and retest support as new resistance, also on the daily market has formed this over extended M giving us a overall upside correction target, we will be waiting for market to break above this downtrend and form a new higher high from a 1hr perspective also forming this nice inverted head and shoulders then we can look to take the intraday long position entry on the right shoulder.
Butterfly pattern on Daily. Bias: EUR > NZD. Important level.Long trade on Daily timeframe for EURNZD at important level.
Butterfly pattern formed perfectly on Daily timeframe.
Zig zag low point is reached and forming another bullish line.
RSI reached oversold level and bounced upward.
Trade details:
Entry at: 1.67605.
TP: 1.74000
SL: 1.66250
Price already bounced upward. This is a swing trading.
Good luck.
Crab pattern on 1 H. Important level. JPY strong bias (mid-term)Short trade on 1 hour timeframe.
Crab pattern formed at an important resistance level.
Zig zag peak point is reached and forming another bearish line.
RSI forming for the downward momentum.
Trade details:
Entry: Around 80.715 to 80.650 (Price need to brake the horizontal red line first)
TP: -TBD on update-
SL: -TBD on update-
--Stay tuned for the update--
*If you like this trade, please like and share this trade so we could help others gain profit as well*
Crab pattern on 1 H. Bearish forming. AUD weaker bias (mid-term)Short trade on 1 hour timeframe.
Bat pattern formed at an important area forming bearish momentum.
Zig zag peak point is reached and forming another bearish line.
RSI already in the downward momentum.
Trade details:
Entry: 0.98230 (Price need to brake the horizontal red line first)
TP: 0.97800
SL: 0.98600
*If you like this trade, please like and share this trade so we could help others gain profit as well*
EURAUD-Long. Gartley pattern on 1 Hour. EUR > AUD(mid-term)Long trade on 1 Hour timeframe. Mid-term bias--: EUR stronger than AUD.
Gartley pattern formed perfectly.
RSI zig zag lowest point is reached and forming another bullish line.
RSX bounced from oversold level going upward (might have another minor wave triggered).
Price trading at the Daily bullish trendline (orang-color line)
Trade details:
Entry: 1.57350
TP: 1.58300
SL: 1.56640
*If you like this trade, please share this trade so we could help others gain profit as well*
USDJPY-Short. Crab pattern on 4H. USD on resistance.Short trade on 4 hours timeframe.
Crab pattern formed perfectly on 4 hours timeframe at an important resistance level.
Zig zag peak point is reached and forming another bearish line.
RSI currently forming for the downward momentum.
Trade details:
Entry: Around the area of 105.350 to 105.125.
TP: -TBD on update-
SL: -TBD on update-
We will keep the attention on the bearish break of the pink-colored trendline.
--Stay tuned for the update--
*If you like this trade, please like and share this trade so we could help others gain profit as well*