MrVNpt

MrVNpt

The GBP/USD chart is currently forming a Bearish Butterfly harmonic pattern, suggesting a potential reversal is approaching. With the recent rise to point D, which aligns with Fibonacci levels and trend lines, several trading strategies can be developed based on the current technical structure. The market is showing overbought conditions, further supporting the...

MrVNpt

We identify a Bearish Butterfly Harmonic pattern forming on the AUD/USD chart, which could provide a profitable short trade opportunity. Here's a breakdown of the strategy: 1. Harmonic Pattern Formation The pattern follows specific Fibonacci retracement and extension levels, with key points outlined: Point X: The start of the upward movement. Point A: First...

MrVNpt

The EUR/USD pair has been in an uptrend over the past few months, with the chart showing a clear formation of a Gartley harmonic pattern. Currently, the price is approaching a critical resistance zone at 1.12755 USD, where point D of the Gartley pattern could act as a potential top. Additionally, the TDIGM indicator shows overbought conditions, suggesting the...

MrVNpt

The Dow Jones (US30) is in a strong uptrend, nearing a key resistance zone around 41,886 USD. Fibonacci analysis highlights critical levels that can help identify potential support and resistance zones. Meanwhile, the TDIGM indicator signals overbought conditions, suggesting a possible short-term correction. Key Levels: Resistance: 41,886 - 42,313 USD...

MrVNpt

Natural Gas (NG/USD) is currently showing a Bullish Gartley harmonic pattern, with price hovering near a crucial resistance at 2.9000 USD. Fibonacci retracement levels highlight key zones for support and resistance. The TDIGM indicator suggests overbought conditions, as the market has surged significantly over the past few sessions. This increases the...

MrVNpt

This analysis focuses on the Silver (XAG/USD) market, where a harmonic pattern is forming alongside Fibonacci retracement levels. The focus is on short to medium-term opportunities, considering technical patterns and key support levels. Key Patterns and Levels: Bullish Trend: Since the end of August, Silver has shown an upward trend, with prices reaching...

MrVNpt

The chart focuses on the USD/CAD currency pair and highlights a visible harmonic pattern, along with technical indicators that provide additional signals. The analysis is based on a 4-hour chart, giving insight into short to medium-term trading opportunities. The visible pattern on this chart is a Butterfly Pattern, which differs from the Gartley pattern by...

MrVNpt

This chart refers to the EUR/USD currency pair, featuring technical insights based on harmonic patterns, which is widely used in technical analysis for potential reversal signals. The Gartley pattern often signals a bullish reversal when near a support or resistance zone. In this case, point D is close to long-term resistance, which suggests a potential...

MrVNpt

On this CAD/JPY daily chart, we can observe the formation of a potential double-bottom reversal pattern near the 102.86 support zone. The price has rebounded from this area, indicating strong buyer interest and a possible shift from the previous downtrend. This pattern suggests a possible bullish reversal if confirmed with a breakout above the recent highs. Key...

MrVNpt

This weekly chart of USD/CHF reveals a significant long-term support level being tested. The price is currently hovering around the 0.8445 level, which has previously acted as a key support and resistance zone, suggesting a potential bounce or further downside if broken. Key points of the analysis: Support Zone: The current price is near the crucial support...

MrVNpt

This 4-hour USD/JPY chart shows a well-defined harmonic pattern, indicating a potential downward move. The price has reached the resistance zone at 144.475 (point D), which aligns with the completion of the pattern and suggests a possible selling opportunity. Key points of the analysis: Pattern: The chart features a harmonic pattern (likely a Gartley or Bat),...

MrVNpt

Wait for the break down.

MrVNpt

Short if structure break down Setup: EP: 1.1609 SL: 1.16659 T1: 1.13015 T2: 0.9969

MrVNpt

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MrVNpt

DJI Short term momentum is shifting so I am expecting for it to test the bottom of the channel. My trading strategy for now: SELL NOW - CMP STOP LOSS - 26253 TARGET - 24453 Good Luck

MrVNpt

Expectig some downward swing in the short-term but I beleave we will start seing a upward trend up to 2025. More updates to be posted under this thread.