Harmonic and Classic Patterns

Thank you pro

Hi,
Re the new signals from forexsticks site mentioned above, can we be shown the patterns and point D related to these published signals? I'd like to see where point D is in relation to support or resistance.

Many thanks,

Mike

well Mike. I will tell about your request. The same isn't pleasant to me a text form.

Most kind of you Poruchik

hard to figure out what this website is about mate... Can you explain more ?

GBPNZD pattern confluence on H4 and D1, it's a bit late to trade it, is it? maybe small position - considering quite big SL.

The front page of the site explains all

Stas - perhaps when I'm as clever as you, I will be able to do some pics as well.

Mike - the D point is the most recent bar.

Happy pippin' folks

5-0 + 1:1

Hello,

POSSIBLE HARMONIC SHARK PATTERN- NZD/CAD - H1

They problem with harmonic patterns is it appear so many times and invalidated so often too, what is your experience and how did you go about trading them?

poruchikthe template you provided...145 4 zzz does the settings show patterns to exact fib ratios like 88.6 and 38.2 etc on the button or is there a room for manouvre.i guess what im asking is id like to hope these patterns shown will be exact on the fibs?if not could you adjust the settings and repost pls?

For next week's trade, I just spotted 7 harmonic setups entry for the following pairs on high timeframes, I wonder any of you agree? Let's compare notes:

Long AUD/CHF around 0.7940
Long USD/CHF around 0.9620

Short EUR/AUD around 1.5140
Short EUR/CAD around 1.4420
Short GBP/AUD around 1.9092
Short GBP/CAD around 1.8320
Short NZD/CAD around 0.9040

Please reply agree/disagree, thanks for confirmation.

It is necessary to explain in more detail. I don't understand that you want

Poruchik

what im asking is you attached a template for me a while back called 145 4 zzz
now when a pattern completes as in a classic or cypher in this template ,,,are the setting set to only show patterns that are on the proper fib levels or are there a little allowance on the pattern setting eg 5%
i would like these settings to set to the proper fib levels for patterns and no allowances and only have true classic patterns printed on charts

i dont want a pattern that has 39% fib when it should be 38.2

too much allowance allows for in correct patterns to display

could you tweak the settings in this template to be as good as possible please?

Hello,

Thank you to "Belief" for alerting me to some good patterns for the week.

This is my take on them and some others. As the patterns have not yet formed, I am only watching whether or not they will form, and then how the price action behaves at these zones.

There are various patterns forming across most of the CAD pairs at the moment. However, I would hope for a possible bounce in oil to possibly initiate some strength in the CAD. There is a two pattern confluence on the EUR/CAD. This move would be in line with the current trend.

I have shown some patterns with AUD pairs, but I do believe the AUD to be weak fundamentally so I will be very hesitant with any trade that requires AUD strength.

Hello,

The 5-0 pattern on the GOLD daily chart coincides with a gartley pattern on the 4hr chart. A two pattern confluence on two time frames.

ZUP see it how Bat or A Shark

Hello,

The AUD is looking to complete some patterns.

GA H4

Hi, I'm just gonna cite analysis I really like:
"Looking at above screenshots from FormationSeeker I would like to point how you could read the charts. Bullish crab on AUDCAD suggests possibility that we'll see stronger AUD then CAD in coming days. Looking at GBPCAD you can notice this pair have reached a strong level around 1.8230-50 where bearish butterfly just formed suggesting weakness of GBP currency. At the same time we have double crab (different parameters) on GBPAUD coming close to a strong 1.9180-ish level.
Now looking at these three charts You could assume that if everything works in line with harmonic patterns both AUD and CAD may be stronger then GBP, but CAD may show some weakness against AUD in a near future, therefore taking GBPAUD position short seems to be the trade as it should work the fastest towards our TPs."
with some photos: