GBP/USD AB=CD formation on 1H timeframe , price after forming AB , price retrace from B and from C , we will anticipate price to break level B and form the PRZ (potential reversal zone) Point D , and will look for divergence and getting some confirmation of price make a HH and Hl to trade that Bullish Harmonic Pattern.
EUR/USD making AB=CD harmonic pattern after forming AB , price retrace from B to form C , we can anticipate price can go down from C and break the B level to form D after that we will look for bullish divergence and anticipate price to form new HH and HL for a new trade setup according to HARMONIC AB=CD setup
Gold after a Bearish Trend Form a Reversal Pattern i.e Falling Wedge, for confirmation we check Rsi where we saw Bullish Divergence, we will take our Buy Stop Entry on Breakout of trend line and Previous LH break, put our SL below LL and aim for a 1:1 RR.
EURCAD - After Bullish trend EURCAD form a Double Top , after confirmation of Bearish Divergence on RSI , Iwe are anticipating price will break the Neckline where our SELLSTOP is and start bearish trend move to our TP , we consider a good 1:1 RR.
As we can see USDJPY making LH and LL after knowing trend is bearish, we draw a trendline and take an entry after price respect the trend line considering a good RR of 1:74
As GBPUSD after a reversal from Bearish trend start making new HH and HL, we take the entry on the retracement from HH without waiting for the price to reach the trend line We take an entry on the Fib IvI 0.382 with a 1:1 RR
As GBPUSD after a reversal from Bearish trend start making new HH and HL , we take the entry on the retracement from HH without waiting for the price to reach the trend line we take an entry on the Fib lvl 0.382 with a 1:1 RR
As AUDJPY is in Bearish Trend Making LH and LL, from This point the market will try to make a new LH and THAN COME TO OUT ENTRY POINT AND START PRINTING NEW LL AND LH.
