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casperiot Mar 14, 2022

here got two possibility, 1, bullish cypher halfway buy setup can take profit at (156.530) or 0.786 fib lvl from C-D 2, double top sell setup, neckline inside rectangle and can take profit at (148.459) or second pole from neckline to top

casperiot Mar 9, 2022

The Deep Crab Pattern™, is a Harmonic pattern™ discovered by Scott Carney in 2001. The critical aspect of this pattern is the tight Potential Reversal Zone created by the 1.618 of the XA leg and an extreme (2.24, 2.618, 3.14, 3.618) projection of the BC leg but employs an 0.886 retracement at the B point unlike the regular version that utilizes a 0.382-0.618 at...

casperiot Mar 8, 2022

In harmonic pattern setups, a trade is identified when the first 3 legs are completed (in 5-point patterns). For example, in Gartley Bullish pattern, the XA, AB and BC legs are completed and it starts to form the CD leg, you would identify a potential trade may be in the works.

casperiot Mar 1, 2022

The cypher is a five-point pattern, composed of points XABCD. It is easy to spot on a chart due to its characteristic wave-like look, displaying either rising peaks or falling valleys. Traders can trade it like other harmonic patterns, by waiting for a reversal at the end and then using pending orders to profit from any potential breakout. This pattern looks like...

casperiot Feb 22, 2022

The Shark pattern is a relatively newer discovery within the harmonic trading arena. It has a very distinct appearance, and specific Fibonacci relationships that compose the overall structure. In this article, we will be discussing all aspects of the Shark trading pattern.

casperiot Feb 11, 2022

S/R Flips: Firstly S/R stands for Support/Resistance, the idea behind the flip is that this method of setup is confirmed when price reclaims a level that was previously lost, then uses that now taken level as new support or resistance. Firstly let’s look into the setup of a S/R flip and how we can use this useful trading setup to find good risk to reward trades...

casperiot Feb 7, 2022

A flag pattern, in technical analysis, is a price chart characterized by a sharp countertrend (the flag) succeeding a short-lived trend (the flag pole). A bullish flag appears like an upright flag on a price chart, with a rectangular price pattern marking the flag itself. The tighter the flag, the better the signal is said to be.

casperiot Feb 1, 2022

HARMONIC BEARISH ABCD (setup sell) What Is an ABCD Pattern? ... A visual, geometric price/time pattern comprised of 3 consecutive price swings, or trends—it looks like a lightning bolt on price chart. A leading indicator that helps determine where & when to enter and exit a trade.The pattern consists of three legs, with two equal legs labelled AB and CD, together...

casperiot Feb 1, 2022

identify a bullish flag pattern, invalid if price breakout drop out the flag.