It seems BTCUSD is in its reversal mode. As per harmonic patterns, it's not beyond $35000 in this run. As per crab Harmonic pattern, it has already achieved the of XA leg i.e.1.618 level. Whereas it is just waiting to achieve the extreme level of projection of BC leg i.e. 3.618 level.
BTCUSD is in the built of a "Harmonic Deep Crab Pattern". It seems the demand and supply of the asset have been in a very volatile zone. If the asset breaks 30500 then the probability of the price to reach PRZ will be very high. Now, this PRZ will work as a supply zone for a short period or create momentum to boost the asset to the given bullish target.
BTC USD is creating an Extended Harmonic Patterns - The Crab Patterns B point retraced XA by Fib 0.618 (13102) level C Point is retraced AB between 0.786 and Fib 0.886 level. Now D point in the process of forming the important Fib extension of XA which is 1.618 level ( 29000 ) That is the projection as of now for BTC-USD in this bull run. Once it...
It might be forming a THREE VALLEYS & A RIVER in hourly time frame. It has two bearish Harmonic Trading Patterns at 11875 (Deep Crab) and at 11975 (Alt Shark). "If" a REVERSAL were to occur from that zone then the downside expected levels could be 11750 / 11550 / 11400. The negation point would be at 12020
Harmonic pattern likely to be formed in Bank Nifty. The same is coinciding with a strong support band of 21200-21050. Enter trade only if positive RSI divergence is seen. Views negated below 21050. Note - Views only for educational purposes, not a trade recommendation.
GSK will be doing a stake sale tomorrow in HINDUSTAN UNILEVER the price could be between 1950-1850. As per Harmonic Trading Pattern study 1825-1850 has a bullish Crab. It also would be a retest of the rising trend line from where it had made a Bullish Cypher earlier this year. The reversal from high's was picked via a bearish Ichimoku set up which had completed...
It has reversed from a Bearish Harmonic Deep Crab which also coincides with a Weekly Ichimoku resistance. It could retest 540/515 if it fails to sustain above 580
Is trading within an expanding triangle. Today's O=H (so far) near the upper end of the channel. If it sustains below 1540 (closing basis) then it could test the lower end of the channel near 1475. Resistance comes in at 1580 for now.
In daily time frame it has reversed from a Bearish Harmonic Crab. As per Ichimoku its likely to retest Kijun support. In hourly time frame it is at a crucial support of 285. Resistance comes in near 290.
At a Bearish Crab PRZ. Also as per Ichimoku Analysis at a Kumo resistance. It could retest 750. View negates above 795
Auropharma – 831 to 750 What a crack! Risky Traders – get ready to lose 4-5 points and gain 50+ points – closing statement in the video idea – “Once bitten twice shy” as of 4th Dec 2018. If the stock moves in line as you expected giving us an exact entry as well to be precise 825-827 zone when it closed overnight at 821 levels has to be dream come true...
Disclaimer..Invested, no trading for last 3 years in this scrip.. Not an investing/trading recommendation The next events will be updated below as it goes, presently phase C is going on, there should be a transition to phase d with the correction expected and LPS formation.. I nfo about wyckoff's schematics can be found out in this famous description by Jim...
Hi, I am back with one more harmonic Pattern -- The CRAB For a brief overview about harmonic pattern fundamentals, first go to the Post One of this series (link will be soon in the update section). CRAB PATTERN In the BAT and the Gartley the price action in the last leg did not stretch beyond the Point X but In this pattern last leg stretches beyond X. In...