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Targetzone

Will Bitcoin Price Reach This Zone?Hello, guys! I read the Trading Chaos chapter about the time target zone for Wave 4. How to calculate it? We should take the the time between Wave 1 peak and Wave 3 peak, multiply this value by 1.62 and 1.38. Measure this value from Wave 2 bottom. If the Wave 3 ended, we can see the Wave 4 end in the red area. As I told in my previous analysis the price target area is $54000-$56000. Will we see the price exactly in the red area? Let's discuss in the comment section. DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
by Skyrexio
2
GBPJPY Bull Bat PatternFor you pattern traders...she has already hit target #1. Looking for #2 and then on to possible extended targets! Just my view on things if it does not meet your setup then do not trade it and as always please trade with caution and good luck to you guys! Kindest Regards, MFWIC P.S. GJ is running a little behind UJ but the London open should help this situation out although it has some major resistance to overcome to climb back into the channel that it has been bouncing around in for the last 70 something days so we shall see.
Long
by dipdizzywizzle
EG Bearish Bat Weekly, Great RR, wait to enter, PIPS PIPS PIPSHello Trading View, Here on the EurGBP Weekly TF we have a unique Bearish Bat that has completed. Price action has shown all necessary reversals at the required ratios, and price in the PRZ has shown signs of confirmation of trend change. Heres why this pattern is unique. VOLUME. The volume at point D was EXTREMELEY HIGH!!!!!! See Green arrow indicating said volume. This volume spike combined with the terminal price bar that tested the PRZ is SOLID CONFLUENCE....!@!?@>!?@>!>!!! We have the necessary confluence of all 5 point harmonic patterns being an ABCD pattern. This pattern is an extended ABCD pattern. C point retracing 88.6% of AB, topside projection would normally be the 1.13%, but it has completed an extended pattern around the 1.618 expansion of BC. This is an extended 1.618 AB=CD pattern as defined in the Harmonic Trader : Volume 1 by Scott Carney. Price action has retraced and beginning of this week shown a bullish gap. Expect price to fill the gap and continue to drop to the projected IPO1 and IPO2. The pound seems weak now, so Id wait for some confirmation prior to shorting. If you're aggressive short now (treating current price action as a retracement) and ride er on down. Trade safe, trade smart. -K
Short
by KumaTF
EURNZD: The week of HarmonyWe have another harmonic moves on FX:EURNZD . This is ABCD pattern, which is almost completed and it is a good time to go long. We have a very nice structure at this level, look left and confirm. Our targets will be 1.7370-1.7570 levels. But watch 1.7292 level, it might be a hard shell to breakout. Avto_T Green Luck ----------------------------------- ATTENTION : Very soon, the best forex services will be available for you traders. Contests, bonuses, the so called “Big Deal” service, which you have never faced before and many more friendly and individual services. Please Click here for more information, fill the survey form and reserve your seats my friends! Follow me and be the first to enter our world! Facebook Page Facebook Group Twitter Pre Launch Survey
Long
by RCP
Bullish and Bearish potential setups on CableI have highlighted daily support areas which are confluent with Fibonacci levels. I lean towards the Bearish side, however I would not discount the Bullish targets on screen, especially with announcements from the US today. The bullish or bearish move will depend largely on price action and candlestick confirmation for me. Another reason for leaning to the bearish side is trend-continuation. Here the overall Bear trend is in full force and I tend to lean towards trading with the trend as much as possible. This is an example of some very effective yet basic technical analysis which is tested and proven to work time and time again. Please leave any comments should you wish to do so. Happy trading and I hope you all have a great weekend! Barry the Forex Trader
Short
by barry_fxtrader
1
EURGBP: Break and Ready to SellSooo, we have a very nice breakout on FX:EURGBP after a long term retests of the structure level @0.7240. As we see price has broken the structure and it is more likely to retest it and then fall down. And there is a good opportunity to sell at this level. I assume price will reverse somewhere in red zone and our targets will be somewhere in 0.7176-0.7146. So keep an eye on this reversal zone. Avto_T Green Luck ------------------------------------------------------------------------ ATTENTION: Very soon, the best forex services will be available for you traders. Contests, bonuses, the so called “Big Deal” service, which you have never faced before and many more friendly and individual services. Please Click here for more information and reserve your seats my friends! Follow me and be the first to enter our world! Pre Launch Survey Fb Group Twitter
Short
by RCP