Disclaimer: Never trade any of my ideas; always make your own analysis...but if the idea works, you own a cup of tea, Thank you
I took 1.2500 as the Higher resistance level decently tested and it works to me. Its 38.20% level remain untested. Consequently with the published idea Harmonic Bearish Opportunities a potential Bearish Perfect Gartley reveals itself A) At the time the Bulls will complete the potential Bearish Butterfly @1.11xx (50% Fibonacci) it will create the a B point...
Possible test scenarios for 50%, 61.8% and 70.7% Fibonacci levels; of the 24.Oct.15 to 03.Dec.15 movement. 50.0%=>Bearish Butterfly. 61.8%=>AB=CD 70.7%=>Perfect Bearish Bat. + AB=127%CD' Disclaimer: Never trade any of my ideas; always make your own analysis... If the idea is right, you own me a cup of tea.
at 1.0600 completion of Bullish deep Crab Bullish Bat conditions for a Bearish Perfect Gartley Bearish Bat
At 1.0600 The Bulls will receive signs to get in the market expecting a Higher High to complete a Perfect Gartley or Bat pattern . Bellow 1.0600 The Bears will receive signs to get in the market expecting to break the hammer and a Lower Low to complete a Bearish 5-0 and the Deep Crab
Because the market shows Bearish powerful I am also considering this possible scenarios Potential Bearish 5-0 and Deep Crab
If the price does not complete the Ideal Butterfly, I imagine this other potential scenario. To retest the 175.00 zone
Potential Ideal Bearish Butterfly
MY SECOND IDEA IS: This pair is finishing an A-B-C at 200.00 zone. So, long to reach the 200s and then short to targets 1 - 2. Converging at PRZ Bearish Three-Drives. AB=CD 127% Fibonacci retracement Channel 61.8-1.27 type Disclaimer: Nothing in this site is intended to be a recommendation to buy or sell any futures or options market. All information has been...
When yow have a look at the 2 MONTH FRAME: -Distinct Hammer appear at 127% Fibonacci projection. -Double tweezer retesting the AB=CD at 1.0800 area. ( Indecision candles bottomed at 1.0800 area) Originally I consider that a 'Major Correction' it is correcting the Bear market that started in May'14 to move the price at 1.20 ...If it is an Intermediate...
Some lines were moved and tipping errors were corrected. My FIRST PUBLISHED IDEA it is long until ABC pattern will be finished around 1.19 - 1.20 (PZR) and then after Elliot wave 5 will be finished, short until the parity. There is a Gap that I can not see in my trading platform, but if it is real, make more magnetic the 1.20 zone. Also there is a Channel that...
My FIRST PUBLISHED IDEA it is long until ABC pattern will be finished around 1.19 - 1.20 (PZR) and then after Elliot wave 5 will be finished, short until the parity. There is a Gap that I can not see in my trading platform, but if it is real, make more magnetic the 1.20 zone. Also there is a Channel that possible will finish at PZR. AB=BC and ab=bc Converged at...