x2 opportunities on GBP/NZD with Harmonic Pattern formations on the 1H time frame. Targets at the 38.2 Fib Retrenchment with stops being at the 1.272 Extension of the X-A leg.
Harmonic Move which ends, at that point there is previous support and resistance with a lot of Fibonacci confluence such as the Golden Fib 1.618 also the 1.272 the 1.414 , 1.13 which is a minor fib and finally there is a Fibonacci retracement and the ratio which is in the kill zone is the 88.60 which is another minor fib. There is also previous structure support...
Hi traders, this kind of analysis is unusual for me to share, but i want to show how important could be having more reasons together as confirmation of your bias. The black line correspond to a daily support level, that could turn into resistance now that's been broken. Not only do we have structure, we also have two different harmonic pattern (equal measure move)...
The bearish harmonic pattern you see reached both of its target zones. The price now holds the 50 days support line as FB prepares for earnings. Expectations are for a great earnings report... with such high expectations the potential disappointment is also pretty high. Bulls - MA line should hold as support and if that will be the case FB should make its way...
Looks like a harmonic pattern completion. Crude Oil Inventory report coming back quite a bit more than expected strengthens my views on the bearish sell rally followed buy a good move up.
I have at least three harmonic patterns converging in the 1.10500 to 1.10300 area watching this really close!!! Bullish gartley, bullish crab, and then an ABCD pattern from a lower time chart taken from the current two swings which is annotated in bright yellow!!! might get a big bounce down at this level. thanks for viewing Bud
Looking for Price to hit .8835 to take a short to the bottom of that harmonic pattern. If the price bounces off the .88016 level or similar, I will wait for it to test the D level on the Gartley to take a long position.
The bearish harmonic pattern I mentioned in my previous analysis already generated nice gains as $AAPL's price declined from 108$ to below 106$ after hitting the PRZ. Now AAPL is climbing again as investors prepare for Apple's announcement of new products scheduled for Sep 7th. With rumors about delay in Iphone 7 launch and even rumors about postponing the Sep...
looking at a potential harmonic pattern gartley pattern in GLD. So far the numbers look good. I'm short with put options until CD leg is confirmed. Plus fundamentally I think we will see a good jobs report tomorrow (180K +) which will lead to a stronger dollar and weaker gold. Thanks for viewing and this is just my opinion. Bud
Hey traders, Today we have a cool opportunity, we have a BAT harmonic pattern lining up with some minor support. What's key to look at is how price is making lower lows with lower closes giving a higher indication of a bearish trend. Price has continued to follow trend behavior by breaking new structure lows, coming back up to re-test and then continuation to the...
Last week, AUDUSD declined from a Sell Zone I mentioned in my Weekly Markets Analysis newsletters - 0.77 The resistance zone included an harmonic pattern (Pink small Gartley) and also a daily structure zone. Despite its 100 pips decline, AUDUSD still hasn't reached my first target zone which is the daily Fast SMA line so I'm expecting some further decline this...
This is my first Harmonic Analysis and I have decided to share it with you . As you can see on the 30M chart , the price has reached the point D then it bounced up and the point D happened to be on 0.786 FIB level so the price may bounce up a little bit then come down again .
Manually Drawn Bearish BAT Pattern based on 4H Chart. Automated Harmonic Patterns Scanner can be also found here: www.imlfx.club
- Harmonic wave movement. - Fibonacci levels in play. - Beautiful bearish structure.
Since December 2015, $NZDUSD respected 2 patterns I've mentioned for it (red Gartley and blue Gartley) and reached from the bottom of the weekly range to its top last week when it touched 0.685. As you can see, when $NZDUSD reached 0.685 and tested its weekly trading range's top (also a broken trend line that acted as resistance) it folded and closed the week...
3 potential swings using Elliott waves theory combined with some harmonic patterns
USDchf daily chart harmonic pattern gartley.
EURUSD remained solid against the Dollar unlike other majors (GBPUSD, AUDUSD, NZDUSD.. ) As ECB meeting approaches, here are several harmonic scenario to monitor: Bearish AB=CD pattern - Completion near 1.13 - Will become valid if $EURUSD will break above the 200 SMA line Bullish Gartley pattern - Aggressive C sell scenario - Valid as long as price remains...