Welcome Folks to this Weeks Newsletter.
It has been one of the quietest months I can remember thus far.
We can clearly identify where contextually we sit in many patterns, however we haven’t seen the Harmonics developed yet to enter the market.
Lets go!
AUD/CAD
This one is really developing nicely.
We can see the Market Makers Cycle showing price contextually leaving Level 1 consolidation.
We also notice the AB=CD pattern in red, and also the dotted redline showing the previous highs. I do envisage a STOP HUNT of this area and for price to continue higher.
This is a MUST WATCH for this week.
We can see on the lower time frame chart that we can see 2 cycles higher thus far. We must be mindful.
AUD/CHF
We can see contextually that price is in the PEAK LOW of the Market Makers Pattern.
What this essentially means is that the 3 levels lower has been completed. In addition to the 3 levels, we also note the harmonics of the pattern. Notice the way it all works in 3s.
So far we have seen a ‘Change of Character’ (CHoCH), followed by a HL, and now what’s looks like a HH.]
I want to see the second HH form, and then the HL, as for me seeing the two HH, HL gives me more confidence that the intentions of the Market maker is higher.
This appears to be a generational long. The previous downtrend took 3 years of SELLING pressure, and we can force that there will be buying pressure for the next few years.
AUD/USD
Contextually we sit within the 2nd zone of consolidation lower.
We are waiting for a Harmonic pattern to develop within this zone of consolidation.
On the lower time frame we can see the blue AB=CD pattern which needs to complete. We can see the structure being built with 2 CZ zones higher in red. This is a potential CT trade to complete the AB=CD and then reveres inline with the Market Cycle.
CAD/CHF
For context, the AB=CD pattern completed and from the completion point we are seeing a smaller pattern emerge showing us 2 CZ zones higher. We will attempt to enter this developing trend up.
See the smaller Market Cycle developing, we will try and enter this pair for Level 3 continuation.
EUR/AUD
Contextually we sit within the second zone of consolidation expecting higher prices.
On the lower time frame we can see the Gartley BUY Pattern below which has been chopping around the CP (completion point).
EUR/NZD
Contextually we sit within the 2nd CZ higher, much like EUR/AUD.
Price action is now chopping and not showing any proper setups yet.
EUR/GBP
We sit at the lows of CZ 2.
We are expecting higher prices inline with the market cycle.
The setup is a really beautiful one, we can see two levels of consolidation higher on the lower time frame and will look for an entry long. We can also see two weeks of rise.
EUR/USD
We sit in the 1st CZ higher.
We have seen the Gartley pattern play out higher for us
Now we are contemplating whether what we are seeing is real or not.
Price is setting up perfectly for a move higher. We can see push 1 and push 2 higher.
GBP/AUD
This is another pair that is showing the characteristics of higher prices coming.
We can see we sit within the 2nd cycle higher.
We can also notice the Gartley Harmonic pattern within this CZ zone.
We can see on the lower time frame that the AB=CD pattern completed with the CD leg extending to the 127% fibonacci extension.
We expect price to start moving higher form here inline with the Market Cycle.
NZD/CAD
This has been a labour of love but we are now seeing the pattern emerge as the Market Makers start to show their hand.
You can see the Market Cycle lower on the LHS, and now how price is being constructed to form a first zone of CZ.
Carefully look at this chart and notice the harmonics that have completed to form these CZ zones.
We can see the Gartley BUY Pattern from and price is making steep HH HL price action.
I want to BUY into this pair and will closely monitor.
NZD/USD
This pattern is really starting to grow on me. The symmetry and harmonics are really pretty.
The situation is that I see us in level2 CZ lower, like its twin AUD/USD.
However we are seeing Counter Trend action developing with the Harmonic Gartley Pattern and subsequent HH, HL price action.We can see the cycle has moved lower in 3 systoles within the Gartley pattern. This is an attractive setup to expect higher prices.
GOLD
We are seeing price testing the D points of eh AB=CD patterns. It’s difficult to know if price will respect the ABCD, as what we can see thus far is a break of the pattern and several retests, which suggests strength.
On the higher time frame it really looks very bullish.
USD/CAD
My favourite Pattern!!
Very easy contextually to see where price is and which direction to trade.
It’s long only. We sit within the 2nd CZ higher.
We are trading off the targeted EMA, but we have seen 3 levels of rise which makes me cautious.
We can see the structure on the lower time frame developing with two clear CZ zones and we are looking for a third trend higher.
Keep learning, stay motivated, and happy trading! 😄✨
Thanks for reading! 📚👀
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