Zeheart

Zeheart

I Suppose the 5 wave of the EW is on-going now, potential to wait for long entry to continue with the uptrend trading

Zeheart

Potential down move is possible for the continuation forming of EW within an Inverted Widening Triangle.

Zeheart

Last Friday Pin Bar form at the top, it has reject the previous high.. This candle stick seems to be a potential short trading.. But bear in mind, overall trending is still up, therefore plz be aware.

Zeheart

At Support level ~ 1.0045 there is a Pin Bar @ ((3)) which reject this level as per previous high, this may leads to a possible short entry.

Zeheart

Elliot Wave formation is at wave 5 now, there should be a chance that price will break out from the triangle. Its better to wait for a Long entry signal confirmation prior longing.

Zeheart

Support level @ 84.777 seems to be a strong level.. by looking across the chart, one can spot there are pin bar, inside bar and fakey rejecting this level. Looking at the circle area also the same. it is a false break.. the price has move back and close back above the support level fast. therefore. a potential long signal in 1H can can be consider to take. =)

Zeheart

Elliot Wave (4th Wave is in its way towards the 1.3830 level) . If a false break / fakey / pin bar appear, it will be a good level to short. Which this level is quite in line with my 4H Bearish Harmonic Pattern.

Zeheart

Once Point D is completed, there will be a possible chance to enter short trade... Later I will make a post on EU Daily Timeframe.. which it shows an ascending triangle is in its way forming..

Zeheart

Elliot Wave formation is complete within the Triangle, time to wait for a long entry signal to enter.

Zeheart

Let see how the price move for the next few days to determine whether 3 Drives Pattern valid or not.

Zeheart

Pending for the H&S for completion and see how it goes =)

Zeheart

Potential Huge Bearish Move.

Zeheart

If price can move down and close below the Trend Line, chances of forming a complete Harmonic Pattern will be possible.

Zeheart

From the pic, it seems to be the Harmonic Bat Pattern has completed the last Point D. Few more pins later shows Price Action of Double Pin Bar, this Pin bar seems to shows rejection of going down for the time being. Therefore I actually took a long entry base on the Pin bar and target Point B as the Potential TP area. Overall we can see that a descending triangle...

Zeheart

Waiting for price to move up to complete the pattern and wait for Price action signal to short. Potential PRZ is located around Yellow Box.

Zeheart

Waiting for price to move up to complete the pattern and wait for Price action signal to short. Point D is just an illustration, price may not fall and reverse exactly at that point. Potential PRZ is located around Yellow Box.

Zeheart

Currently Price is moving up as per the BC Leg of the Gartley Pattern. On last Friday close, Price close up the 1st Temp Resistance and above EMAs. Since last Friday hit and close below the Temp Resistance, so a good long will be possible when Monday shows a Possible PA Signal which reject the Temp Support and reject the EMAs. Stay tune for this =) Cheers!!!

Zeheart

As of Last Friday, Price break up and closed above the Weekly Resistance. EMAs have crossed, Hoping for a Pin Bar to form which rejects the Weekly Support line + rejecting the EMAs line. Stay Tune for this. =)