Anybody remember this one?
DXY pulling back from resistance as well. Gold bugs rejoice!
Right off the 200ma on daily. Made a parallel trend line off the pivot low. Harmonic is a tiny bit of a stretch but close enough for government work. Got Metals?
Reversal zone noted on chart.
For my EW friends out there. 15min timeframe There ya go Confluence and all
Part two on the 1hr timeframe and zoomed in for detail. *** Very high chance this is an almost perfect Bullish Crab Harmonic Note: *Oversold on RSI and Stochastic on 1hr *Previous note of descending wedge *Previous note of touching weekly demand back to 2019 *Conservative targets noted on chart based only on the Crab *Possible longer swing
Ain't got now Brazil in my portfolio. Maybe now is the time. This is a two-part post. 1st one on 4hr timeframe and zoomed out. Notes: * Just came back to touch the 2018-2019 trading range. * Trading below March COVID low. * Strong wedge down into weekly demand zone from 03/2019. * Just touched the IPO high of 25.59. * 57% off from May 2020 highs. * Earnings...
Panic sell last couple days. Finally found a channel, poke out a bit, did it again at close today. Only a 15min timeframe harmonic on this so looking for small pullback, then back to movin' on up. That bottom support it ran into was back from November.
Looking good so far. More confluence with Harmonic Bat complete. Appears to be early stage of wave 3 up. There is a bear gap on the 1hr as noted. 3-4 targets are artists conception.
ATL support held well. Backfill of gap complete which was also a-b-c correction. Looks like it could be in wave 3 up to finish out a probable harmonic before a larger pullback. I'm on a health kick....or something.
All kindsa confluence here. Lesgo Cathie!!!
No joke....2016 Possible Bullish Bat Good R/R here imo
It is spring now, right? Didn't quite test 03/05 low but got close. Great R/R here imo