BNBUSDT bearish scenario on 4h chart. Price action expected as a bear flag pattern breakdown, plus reciprocal AB=CD harmonic pattern plus Chaikin Money Flow bearish divergences in confluence w/ greater demand zone.
The price action is trading in the upper band of this micro bear flag, key level. Expecting a downward leg to the demand zone, as the ABCD reciprocal (0.382:2.618) is targeting the region.
Hello and welcome to this analysis ICICI BANK on daily time frame has initiated a Bullish Harmonic Reciprocal ABCD pattern. It could bounce back to 925-935 if it does not break 898 Bounce candidate in a lower time frame oversold scenario
LINKUSDT spiked closely @ TP1 which is a harmonic AB=CD pattern target from a breakdown of the prior low 1M candlestick inside bar. Reacting now from the volume POC. A complex Head and Shoulders can be validated after a pullback to neckline. Plus potential bullish Butterfly target.
Hello and welcome to this analysis TATA MOTORS gave a sharp dip from its slanting trendline and now at 390 has formed a Bullish Harmonic Reciprocal AB=CD It could do pullbacks till 430-440 as long as it does not break below 390 Good Risk Reward set up at this level. Happy Investing
We have the slightest bit of Bullish Divergence here on the RSI with Declining Volume to the Downside and are just about to test the Strength of this Wedge's Supply Line for the first time Since the start of the year. If we can break free from this Wedge we can very well see a Reciprocal ABCD move that would take us back to the 88.6% Retrace Above.
Hello and welcome to this analysis In weekly time frame a Bullish Harmonic Reciprocal has been activated which is seeing consolidation in the stock between 1100-1150. A probable throwback towards 1300-1400 with minor resistance near 1200 could take place. View would be invalid below 1050. Please note this is a weekly time frame reversal hence very short term...
Just Like BTC Did a Few Weeks Ago , The SPY has broken below an Ascending Broadening Wedge Demand Line and has formed a Bearish 5-0 at the tail-end of the breakout. The Reciprocal AB=CD PCZ of this Bearish 5-0 takes us to the 55% Fibonacci Retracement and that's where we closed today. If we get follow-through price action we should see the SPY Continue Downwards...
Hello and a warm welcome to this analysis on NIFTY At today's high of 17285 Nifty activated two bearish harmonic patterns, namely, Reciprocal ABCD (140/70) and Straight ABCD (70/140). These suggest that unless 17290 is not broken Nifty could retest 17050/16950
Hello and welcome to this analysis on Nifty In 15min time frame Nifty has activated a Bullish Harmonic Reciprocal AB=CD which could give a bounce back to 17250 and more Overall structure above 17300 would activate a higher low set up for more upside. Pattern goes invalid below 17065
BAT has been good but i think it's time for it to cool down and perhaps make a 78.6% retracement. We have a Bearish AB=CD and a Bearish Alternate Bat Pattern at a confluence zone between the 1.13 and 1.272 Fibonacci extensions and Bearish Divergence on the RSI with the reciprocal downward target pointing towards the 78.6% retracement from low to high.
Hello and a warm welcome to this analysis on NIFTY It has activated a Bullish Harmonic Reciprocal AB=CD at 17835 which also coincides with hourly time frame Ichimoku kumo support. As long as it sustains above 17790 it now has the potential to rally till 18200-18300. Harmonic Patterns are based on patterns which have specific ratios which signal reversal of trend....
hello traders This plan is not a suggestion... I'm researching the ABCD reciprocal pattern. which is a strong resistance to do an instant sell with near or far targets already listed on the chart. if you follow this scenario please pay attention to money management. please for reference comparison analysis. if you like you can share and like and share with...
MAJOR CHANNEL UP M PATTERN BULLISH SHARK - VIOLATED AT C INTERMEDIATE CHANNEL DOWN Z PATTERN RECIPROCAL 0.707 AB=CD NEAR BREAKOUT CHANNEL UP HEIKEN AISHI GR3G
BEARISH (M) LAZY (Z) 5-0 was found, however this pattern is not valid due to C not valid due to less than 1.618. C should be between to 1.618 to 2.24. Valid Reciprocal 0.5 AB=CD is more preferred. Price action still within sideway trend. Expected risk reward should be 1 : 1.
Nifty has completed a Bullish Harmonic Reciprocal AB=CD at the crucial support of an Ichimoku Span A of a bullish Kumo. If it manages to sustain above 15575 the reversal will get sharper. One can wait till then and take action accordingly.
Bearish 1.41 AB=CD was found on 29 March 2021 3:30 pm UTC+8. Bearish 0.786 Reciprocal AB=CD was found on 20 April 2021 4:30 pm UTC+8. Price expected to go down until RM1.510.