TerryHarmonicTrading

TerryHarmonicTrading Updated 

Hey guys, this is Shark Terry again. This is specially written for EYEO(Eugene), one of my followers. This is an update to an earlier post I wrote about USDJPY. I see the Shark pattern playing out over the next few weeks. The immediate level I am watching is to potentially go long on a HNS buy around 100.80 to 100.90. SL has to go below 100 at around...

TerryHarmonicTrading

Hey guys, this is Terry once again. NZDUSD is on a steady uptrend for the past 8 months. In pattern's perspective, we are looking at a potential completion of this bat pattern on the daily chart. The zone to watch for reaction is around 0.7550 to 0.7580. SL has to go above 0.78 with targets back to 0.69. Expect some reversal chart pattern around the PRZ zone...

TerryHarmonicTrading

I see a potential bearish butterfly completing around 0.7670. Will not be surprised even if it does a retest of last week's lows before going up to complete this pattern. I will look out for the presence of bearish divergence in the RSI as well as a bearish candlestick completion before I decide whether to enter my short trade.

TerryHarmonicTrading

The GBP is on a tear, and my various attempt to buy low did not come into fruition. The next level I will be watching is this bearish butterfly pattern completing around 1.35. At 1.35, I will look out for the presence of bearish divergence in the RSI as well as bearish candlestick completion before I decide whether to enter my short trade.

TerryHarmonicTrading

The pound finally fell after such a long wait. I see a potential HNS patterns playing out on this pair, potentially forming a the right shoulder around 1.32. If this plays out nicely, this pair could revisit the low of August around 1.2865 which happens to be a buy level for this bearish shark pattern. Meanwhile I will be just waiting for the right price to go long.

TerryHarmonicTrading

After the interest rates news on Friday, I believe the market has decided on where it wants to go. I am now bullish on the USD until this Shark pattern completes. Zone to watch, 106.30 to 106.60.

TerryHarmonicTrading

Observation on the GBPUSD H1/H4 The formation of a potential shark pattern around 1.29. Price has completed the XABC move of this pattern. With a break of the upsloping trendline at point C, I am expecting price to come down to 1.29 where I will be interested to go long on a shark pattern. Potentially I can look for a 3:1 R:R move with a buy on the completion...

TerryHarmonicTrading

2 observations on the SPX. 1. AB=CD completion at 2193. 2. Potential big shark completing point C. If it breaks below gap opening around 2180, we could see it move down to point D of the shark pattern at 2152 Trade Plan: 1. If the SPX goes down as analyzed with harmonic patterns, USD should strengthen temporarily. 2. As primarily a Fx trader, I will look to...

TerryHarmonicTrading

Have been watching the 3 drives pattern playing out in AUDJPY H1. It is likely to complete at 76. RSI shows divergence, so it should be one last move down before a big reversal upwards will take place. Am likely to go long when it hits my target entry price. Stay tuned for my updates!

TerryHarmonicTrading

Have been watching the 3 drives pattern playing out in FX:AUDJPY0.17% H1. It is likely to complete at 76. RSI shows divergence, so it should be one last move down before a big reversal upwards will take place. Am likely to go long when it hits my target entry price. Stay tuned for my updates!

TerryHarmonicTrading

Hi guys, watching EURGBP for a short. On the weekly chart, it has completed a AB=CD move last week. On the H4 chart, I see a bearish shark completing at this critical level of $0.8722. Stop loss will go above 0.8750 and I am gonna hold on for a long ride on this trade potentially down to the 38.2 retracement at $0.8060 Good luck and good trading guys!

TerryHarmonicTrading Updated 

NZDUSD has completed a bearish shark pattern. I am looking to go short on this pair a 0.7310 with a stop loss of 40 pips at 0.7350. I will then look to take profit at 0.7240 to lock in 70 pips.

TerryHarmonicTrading Updated 

I am putting in a pending order to long EURGBP at 0.8632 on a bullish shark pattern. SL will be at 0.8610, TP will be at 0.87

TerryHarmonicTrading Updated 

EURAUD completed a bullish shark on Friday. Will be looking to enter on a retest of PRZ at 1.4522. Stops will be around 1.4470 with initial targets at 1.4715.

TerryHarmonicTrading

USD index looks to complete initial AB=CD pattern at 94. A full 3 drive pattern should complete around 93 which is the low in June 2016.

TerryHarmonicTrading

I am looking for EURUSD to turn south from 1.12 this week. Will be looking to go long if it turns south from 1.12 to 1.10. That is where the bullish gartley completes and I am interested to go long at.

TerryHarmonicTrading Updated 

The pound completes a gartley with perfect AB=Cd around 1.2945. Will go long upon a retracement of this level. SL will have to go below 1.2910. Potentially a move up to 1.33. In M15, there is a smaller gartley to go long around this zone. Is this finally the time for pound to turn up in a big way?

TerryHarmonicTrading

I am looking to short AUDUSD around 0.7650 on a bearish shark pattern completion. Once it reaches my zone, i will monitor RSI OB signal for execution. Let's become sharks in the market together guys! :)