Three Drives
Nice Quazimodo FormingClean trade coming up.
See USDCAD is compressed in Higher Timeframe (HTF) and all this move going down is to clear the last Demand Zone for the IT's. I therefore am looking for a Diamond in order for IT's o hit the MPL.
USDCAD, 4HUSDCAD is moving in a bullish trend and can reach 1.32262.
Potential retracement - 1.31194
USDCAD - Potential Bearish Bat with Potential 3-Drive "D" legI'm really not sure about this one anymore, but I've been watching this market since last year and it more or less respected this analysis... At first I was trading it as a Daily harmonic chart, now I realise I should be looking at the Weekly chart more carefully. This is the reason I had not published this idea till now...
[GOLD] POTENTIAL 3D PATTERNGood morning Traders!
On intraday chart, we saw a nice rally about gold, this swing could develop 3D PATTERN (bearish) with resistance around 1.236, we'll see....
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Thank you for support and trade with care!
WTICOUSD 4H Three pushes the waves, breaking the important long-term line 69 on the weekly line, or opening a larger level of decline
$GVT Reach The Resistance Again. Signals? Neutral!Genesis Vision or GVT has only 4.4 Total Supply! This is like brotherhood of Lunyr (LUN) with only 2.7 Total supply. Well, not to close, but you got my point. They are a quite less supply coins and having good work so far and both listed on Binance.
GVT price is almost the same like BNB price right now. $10. but with 43.6 : 1 supply. Crazy!
Genesis Vision is on Financial Industry and already releasing their very own apps on both App Store and Play store. Yes, it's available for iOS and Android users right now.
Judging from technical basis, I'm quite neutral but with bullish tendencies with 53:47 consideration.
The very first factor is that right now the candle stick showing the same setup as before. It's three drives pattern. It quite work because the RSI was below 60.
What makes me not bullish right now is that, yes the RSI level bounce from the support but i think the volume power is not quite good enough to hold it up, as matter of fact people might starting getting profit from latest entry since their consideration logically securing the profit as we're still in bear market. Logic right?
The second thing is due all of respect with this one of the best token out there, it has 2x from the recent lowest point, you better need a correction before it's really getting too good to be through and might get dumped like Ontology and Nano or Walton chain and took along time to recover back.
Well, those are my 2 cents. Trade safe!
EURCAD POTENTIAL BULLISH - DAILYHi there,
EURCAD will look to retest and head in a bullish direction.
SL - 1.44961
TP 1 - 1.49218
TP 2 - 1.51311
TP 3 - 1.52967
SHORT EURGBP // ABC PATTERN // FIBONACCIEnter near the 0.786 Fibonacci Retracement. Take Profit at 1.272 Fib.
Light Crude Three DrivesOctober Light Crude looking like it wants to build out a three drives scenario. Next target for bears is moving through pivot at 68.100 and attacking the 20 day MA. RSI is staying within a pennant pattern. Crude could use pivot to launch up again. If it does it could then collapse at R1 at 70.600
END OF TREND CONFIRMATION1. Divergence
2. Trend Line Break
3. 123 Reversal Pattern
123 Reversal Pattern:
At point 3, the market is at
the crossroads and price can
either make a new low or
confirm a change in trend
once price takes out point 2.
CAD is headed to 1.2900The release of the Canadian monthly CPI* was sufficient motivation for the price to bounce off the resistance line on the 17th of August. Seeing that happen might determine traders to buy the CAD until the pair reaches the lower limit of the channel. The target is 1.2900 which is the whereabouts of MS1 (1.2890) and the extremity of a three-drives pattern (4h chart). Key fundamentals will play an important role in shaping this projection and eyes are on CA* and US* data release on the 22nd of August.
Short, TP 1.2901, SL 1.3151
Long, Entry 1.2870 - 1.2900, TP1: 1.3040, TP2: 1.3140, SL 1.2837
harmonic pattern---short eurnzdhello, let's look at it
there is a bat pattern with prz near 1.7450
also a three-drive pattern near 1.7450
target at 1.73607
good luck
AUDUSD - Three Dives Takes Aussie Down with CopperAUDUSD is about to complete or probably has completed a three dives pattern right under 618.
Taking a look at copper, the price of copper has also made a significant retracement and reversal sign is forming at an important supply zone, thus copper is likely to fall soon.
The dollar though has been on the rise since last week, it is most likely a part of a major retracement and there has been no change to the major trend.
BitcoinAs long as the 5800 support level is not broken down, it can break up the 8500 level and target 10800 levels.
