BNBUSDT update 4h - BEARFLAGBNBUSDT bearish scenario on 4h chart. Price action expected as a bear flag pattern breakdown, plus reciprocal AB=CD harmonic pattern plus Chaikin Money Flow bearish divergences in confluence w/ greater demand zone.
Reciprocalabcd
BNBUSDT ABCD projecting final downward wave-vThe price action is trading in the upper band of this micro bear flag, key level. Expecting a downward leg to the demand zone, as the ABCD reciprocal (0.382:2.618) is targeting the region.
ICICI BANKHello and welcome to this analysis
ICICI BANK on daily time frame has initiated a Bullish Harmonic Reciprocal ABCD pattern.
It could bounce back to 925-935 if it does not break 898
Bounce candidate in a lower time frame oversold scenario
Spiked Neckline from this bearish pennantLINKUSDT spiked closely @ TP1 which is a harmonic AB=CD pattern target from a breakdown of the prior low 1M candlestick inside bar. Reacting now from the volume POC. A complex Head and Shoulders can be validated after a pullback to neckline. Plus potential bullish Butterfly target.
Tata MotorsHello and welcome to this analysis
TATA MOTORS gave a sharp dip from its slanting trendline and now at 390 has formed a Bullish Harmonic Reciprocal AB=CD
It could do pullbacks till 430-440 as long as it does not break below 390
Good Risk Reward set up at this level.
Happy Investing
Stacks Attempting Falling Wedge Breakout on Higher TimeframesWe have the slightest bit of Bullish Divergence here on the RSI with Declining Volume to the Downside and are just about to test the Strength of this Wedge's Supply Line for the first time Since the start of the year. If we can break free from this Wedge we can very well see a Reciprocal ABCD move that would take us back to the 88.6% Retrace Above.
ICICI LOMBARDHello and welcome to this analysis
In weekly time frame a Bullish Harmonic Reciprocal has been activated which is seeing consolidation in the stock between 1100-1150.
A probable throwback towards 1300-1400 with minor resistance near 1200 could take place.
View would be invalid below 1050.
Please note this is a weekly time frame reversal hence very short term derivative trade is not advisable.
Bearish 5-0 Entry Below Ascending Broadening Wedge Demand LineJust Like BTC Did a Few Weeks Ago , The SPY has broken below an Ascending Broadening Wedge Demand Line and has formed a Bearish 5-0 at the tail-end of the breakout. The Reciprocal AB=CD PCZ of this Bearish 5-0 takes us to the 55% Fibonacci Retracement and that's where we closed today. If we get follow-through price action we should see the SPY Continue Downwards from here and perhaps fulfil the Measured Move of the Ascending Broadening Wedge and take us all the way back down to $344.43
NiftyHello and a warm welcome to this analysis on NIFTY
At today's high of 17285 Nifty activated two bearish harmonic patterns, namely, Reciprocal ABCD (140/70) and Straight ABCD (70/140).
These suggest that unless 17290 is not broken Nifty could retest 17050/16950
NiftyHello and welcome to this analysis on Nifty
In 15min time frame Nifty has activated a Bullish Harmonic Reciprocal AB=CD which could give a bounce back to 17250 and more
Overall structure above 17300 would activate a higher low set up for more upside.
Pattern goes invalid below 17065
Alternate Bearish Bat on BATBAT has been good but i think it's time for it to cool down and perhaps make a 78.6% retracement.
We have a Bearish AB=CD and a Bearish Alternate Bat Pattern at a confluence zone between the 1.13 and 1.272 Fibonacci extensions and Bearish Divergence on the RSI with the reciprocal downward target pointing towards the 78.6% retracement from low to high.
NiftyHello and a warm welcome to this analysis on NIFTY
It has activated a Bullish Harmonic Reciprocal AB=CD at 17835 which also coincides with hourly time frame Ichimoku kumo support.
As long as it sustains above 17790 it now has the potential to rally till 18200-18300.
Harmonic Patterns are based on patterns which have specific ratios which signal reversal of trend. Here we can see price action suggest a reversal as well indicator based system identify a support base.
With a Risk of 60 for a Reward of 140/240 the bullish trading strategy appears to be a good one
NZDCHF strong resistance maybe will reversal short small lothello traders
This plan is not a suggestion...
I'm researching the ABCD reciprocal pattern. which is a strong resistance to do an instant sell with near or far targets already listed on the chart. if you follow this scenario please pay attention to money management.
please for reference comparison analysis.
if you like you can share and like and share with friends, hopefully this analysis is useful.
Greetings Profit
NEAR BREAKOUT AFTER CHANNEL UPMAJOR
CHANNEL UP
M PATTERN
BULLISH SHARK - VIOLATED AT C
INTERMEDIATE
CHANNEL DOWN
Z PATTERN
RECIPROCAL 0.707 AB=CD
NEAR
BREAKOUT CHANNEL UP
HEIKEN AISHI GR3G
Reciprocal ABCDBEARISH (M) LAZY (Z) 5-0 was found, however this pattern is not valid due to C not valid due to less than 1.618.
C should be between to 1.618 to 2.24.
Valid Reciprocal 0.5 AB=CD is more preferred.
Price action still within sideway trend.
Expected risk reward should be 1 : 1.
NiftyNifty has completed a Bullish Harmonic Reciprocal AB=CD at the crucial support of an Ichimoku Span A of a bullish Kumo.
If it manages to sustain above 15575 the reversal will get sharper. One can wait till then and take action accordingly.
Descending Channel Bearish ReciprocalBearish 1.41 AB=CD was found on 29 March 2021 3:30 pm UTC+8.
Bearish 0.786 Reciprocal AB=CD was found on 20 April 2021 4:30 pm UTC+8.
Price expected to go down until RM1.510.
*GBP/AUD* Bearish AB=CD Pips Away From The PRZ (4H Timeframe)We have a nice bearish AB=CD forming on the GBP/AUD pair, Intermediate Timeframe is 4H, Major is Daily and Minor is 1H.
I expect this pattern to complete today or tomorrow.
This AB=CD has an AB measurement of 0.393 which means the reciprocal ratio will be 2.618. This is the CD price leg.
Once price confirms 2.618 ratio I will be looking to enter the trade depending on how price looks in the PRZ.
Stop loss level is measured with the fib retracement tool from B to C using a set ratio of 3.14 or 3.618
Take profit level is measured with the fib retracement tool from A to D using a set ratios 0.382 and 0.618
If price reaches the 0.382 ratio I would move my stop loss into break even or just into a little profit to bulletproof the trade ensuring if the trade goes against me I will not take a loss and even a small profit.
If you have any questions feel free to drop it in the comments.
Happy trading and hope everyone has a great day!
Matteo :)
waiting for D leg to form in reversal for a bull buy off of fibSo we seen a test at the Fibonacci Level of 50% were waiting to see if it will reciprocate into 200.0 which is there reciprocal to each other, This will follow into the entrancement of a buy so you can TECHNICALLY SELL INTO the buy but i like it playing off a key support zone in the reciprocal of 200.0 which is where i marked in turquoise color we will wait and see a reversal pattern in the 200.0
EURAUD-H1- Reciprocal ABCDI expect price will respect this harmonic pattern on this pair.
We see:
- parallel channel
- reciprocal ABCD (purple)
- structure resistance
- bearish divergence on macd
- macd crossing moving averages
Lets see what happens.
AUDUSD-H1-Reciprocal AB=CD (educational)We all know the classic AB=CD but this reciprocal AB=CD is also a harmonic pattern.
It usually forms within a channel.
Right now we can see this textbook Reciprocal AB=CD pattern on AUDUSD-H1 chart.
We have a potential short setup on D point.
Trade with care!
