Price on UCAD is forming a textbook head and shoulders pattern . The zone also a confluence , starts where the fair value gap finishes and ends at the 78.6 retracemenr level . After finishing that price correction into that zone and forming the right shoulder we should see a clean sell off for 300 pips . Giving you a 10 to 1 risk to reward ratio
Litecoin is currently in a price accumulation and is looking to clear the liquidity areas , fill inbalances and return to these order block areas . I set up the zones for you guys , I’m looking for price to hit the daily bearish order lock first and sell down a couple hundred pips for a nice retracement to the bullish order block zone for a long term swing buy entry
EURGBP has broken structure and has formed the classic bearish pattern “head and shoulders . I’m aiming for a swing on this trade for over 100 pips to correct market inbalances
Price is forming a textbook harmonic gartley pattern . Be patient and wait for price to hit the reversal zone beginning at the 786 retracement of the X point
Price on gold has formed a textbook harmonic bat pattern and price is contracting in the entry zone forming a falling wedge pattern . A breakout and retest of the wedge should give you a cleaner set up for the buy with smaller stop loss to reduce risk and put you in instant profit
Litecoin after a few bearish impulsive waves has formed a bullish correction to bring price back to premium for sellers while trapping buyers, be patient and wait for a breakout of the correction and confirmed continuation of the downward trend . Place stop loss above last high of the channel
Usdcad is setting up for a bullish harmonic gartley . Entry should be hit any second . Look to enter and put a stop loss below X for 15 pips . profit targets depend on your trading plan
USDJPY is losing its bullish momentum after a long uptrend . If we see a confirmed break in market structure we’ll be able to ride this market on the way down . Break and retest of the upward trend line along with a break and retest of that support in the grey zone will be strong confirmations . No confirmations means no trade , better to trade what the market is...
After gold has formed a bullish engulfing on the 4 hour , we see the normal retracement on the next candle . Forming a harmonic gartley on the 15 minute . Good low risk high reward opportunity. Stop loss below point x
audnzd has a textbook bearish harmonic crab set up on the 1 hour time frame with a bearish engulfing candlestick pattern that follows . short and put stop loss above the bullish candle for confirmation of setup at a 10 pip risk. usually Sl would be above harmonic reversal zone but since we have confirmation candle lets keep our risk even smaller and a...
Price is forming a bullish harmonic shark pattern with the harmonic reversal zone perfectly corresponding with a bullish orderblock . If we can see some retracement into that zone we should have a sniper entry for the buy with first TP being 45 pips or higher and 2nd TP being 85 pips or higher ( higher pips if u catch a entry lower in the level)
EurChf is setting up for a clean harmonic gartley on the 1 and 4 hour time frame , the harmonic entry zone is a very respected zone and should we should see a drop continuing this overall downtrend
As you can see harmonic patterns is a common and recurrent phenomenon . It is basic yet advanced level of price action that beginners and even many experienced traders often dont notice. Price swings with specific retracements and/or extensions form certain patterns known as harmonics. Point D which completes the 4th price swing to form the respective harmonic...
EURUSD is retesting a old area of interest before making its way back down to correct these imbalances during NY session, price wicked entry reversal zone . entry is stlll valid now before it drops with full momentum. TP is about 50 pips from harmonic entry zone while SL is about 15
EURCAD is forming a bearish gartley pattern that can give you a perfect entry for continuation on this downtrend . Look for price rejections and bearish candle stick patterns for confirmation
If we can see some further retracement on Litecoin price action will form a potential harmonic crab that can if entry on his bullish trend . Wait for rejection off the harmonic reversal zone , bullishing engulfing on 5 or 15 min for extra confirmation . Use trailing stops with enough breathing room securing profits along the swing up. This should go the moon
Looking to catch this downtrend continuation on GBPCAD , if we can see some more movement up and completely form our bearish harmonic cypher looking for sell oppurtunities off rejections in that price reversal zone above 74200 . with 35 or lower pip loss at 74552 above point X. First Take Profit level is 57 or more pips at the standard Harmonic Target around...
