JackDale

JackDale

Hello, we got a bearish bat pattern coming up. If it gets to the top levels it seems like a great opportunity to get short with the top previous resistance. This is a great pattern because of the risk reward compared to other harmonic patterns. You can learn more about fibonacci and how it is utilized by checking out Scott Carneys book in Volume 1,2 and 3.

JackDale

Hello, we got a bullish shark forming on the 1hr bitcoin chart. A shark harmonic pattern has the XC .886 to the 1.13 buy area zone. However, you'll know the entry zone if the BC extension is of at least a 1.618. There it lines up with the .886 so we know that the entry for the price reversal zone is with the combination of the .886 and 1.618 BC extension and not...

JackDale

With the recent rise, a bat pattern in bitcoin on the 15min has been forming. If it gets backs to the 30k level it looks to be a great pattern to look to trade. According to Scott Carney, harmonic trader, from harmonictrader.com, states the Bullish Bat pattern completes at the .886 XA retracement with in this case a complementary a 1.618ABCD extension in the PRZ....

JackDale

Bullish crab coming up if breakdown on the 15 minute. For this harmonic pattern, the 1.618XD area should be expected to exceed that but no more than below the 2.0 for the stop zone area. As always, when the pattern completed it is still best to wait for a reversal signal before jumping in. You can try to find a great entry by going on the lower timeframe, in this...

JackDale

Quant has created a nice bottom and now exiting the bear cloud towards the breakout moon trade. The kijun represents good support. And the chikou span is free and clear of all obstacles. Once price goes above this price fractal (yellow line) Ichi should take it to the moon from here. Looking for that nice C clamp formation. Stops below the cloud.

JackDale

Price go up fast with breakout following trendline.

JackDale

It seems coming up on the bitcoin 15min is a nice bullish shark pattern setting up. The bullish shark pattern is based off the .886 minimum fib with at least a 1.618 extension of the BC leg. The resulting formation is called a potential reversal zone. Green box. It is best to wait and see if the price first gets to the green box, where the bullish shark completes,...

JackDale

A terminal prize bar hit and have completed the bullish Gartley harmonic pattern. Looks pretty good, and the AB=CD is awesome well. According to Scott Carney, harmonic trader, at harmonictrader.com, he advises to wait until after the ABCD is completed, which it has. The only thing left to do is observe, jump in and hit the profit targets. Which with all harmonic...

JackDale

BTC setting up for a decent trendline break. Going to be looking into the green area for a place to buy. tr

JackDale

Hi, We got a Bullish Shark harmonic pattern forming shortly. A sharp decrease in price rapidly means to look at the PRZ carefully. As according to Scott Carney, harmonic trader from HarmonicTrader.com, tell us, to wait until the 1.618 extension of the AB leg before looking at for a potential entry. In addition to a 88.6% retracement minimum of the XA leg. Profit...

JackDale

Looks like bitcoin is heading for a breakdown of a head and shoulders pattern. Because of trendline break as well, it could be a better indicator that number go down and the likely of it going down increases. Though, its always good to buy the dip in bitcoin. Once it reaches the end of the blue line, it could be a time take a chance at buying again. But for now, down pls.

JackDale

Hi we got a nice looking AB=CD pattern setting up nicely. This specific abcd pattern we are looking for a 1.27 extension of the "a to b" retracement. This is because of a 78.6% Fibonacci retracement of the X to A leg. Not all abcd patterns are treated the same. It's going up now but I think it'll retest once more to get in before moon.

JackDale

Price broke out and is retesting the lows. Looking to retest back up to the high 49's. Pls don't crash thanks. Buying a 61.8 fib.

JackDale

We got a bullish bat on the 15min. The measurements are pointing towards Gartley, however we always would want to at least wait for the abcd pattern completion when trading harmonic patterns. This abcd pattern completes at the 88.6XA. This means according to Scott Carney, harmonic trader from harmonictrader.com we wait for that to complete before going into the...

JackDale

We got a crab pattern on the 15min. Someone else posted but it was wrong dimensions this is correct dimensions for a crab pattern according Scott Carney Harmonic trader from harmonictrader.com We expect to see a nice reversal in the PRZ. Stops exceeding the 2.0 but I don't think it will get that far. Anyways profits targets are the 38.2 and 61.8 possible the 1.13...

JackDale

Looks like it could be hitting a bullish bat pattern on the 15min. We look for a type 1 38.2% retracement profit target if price looks good at the terminal price bar and moves away from the PRZ. Scott Carney the man who created the harmonic bat pattern, says to view price action after the terminal price bar before jumping into a trade.

JackDale

Alright, so we got a nice btc bullish gartley harmonic pattern. According to Scott Carney, harmonic trader, at harmonictrader.com, we should wait for the ab=cd completion. Which was hit so everything is all set ready for liftoff. Lets see. We should look for that type 1 quick movement to the first profit target of 38.2%. Lets go btc lets see a nice come back move,...

JackDale

Alright so what do we got? We got a bullish shark pattern on the 15min. This pattern can exceed the xa leg to the 1.13 as the bc leg needs a required 1.618 extension, which lines up around the 1.13xa which is why we expected this particular shark to hit 1.13 instead of the standard 88.6. In addition, the first profit target level was reached so because of that and...