top of page
stephenjmeli

The Week ahead with harmonics

Good Morning!

Welcome to this weeks' newsletter.

Lets get right into into it, reflecting on what we did the week previously and what setups are lining up for today.


USD/CAD

We traded the Gartley BUY Pattern, and price has come back to entry following a good move which you can see below.

We closely monitor this one as the Market Cycle is so strong with it.


GBP/USD

Following our BUY on GBP/USD last week, the pair has completed an AB=CD pattern which should bring about a higher low and a second CZ.

This is a CT (Counter trend) trade to the main Market cycle, however objectively we are taking it as we can presuppose that price will do as I expect above.


EUR/CAD

I don’t usually trade this pair, however it did setup a beautiful opportunity to take the third push higher, to complete the AB=CD pattern (dotted blue lines)


BEFORE

AFTER

We then on the completion of the 3rd push in conjunction see us serviced a beautiful Harmonic SELL pattern (below).

This is a deadly combo for the market and normally pays us well.


NZD/USD

This pair we were able to read its intentions quite easily the past week.


BEFORE

AFTER

What we see now is the development of the Market Cycle in a lower time frame. However there is no clear entry atm.

Keep learning, stay motivated, and happy trading! 😄✨

Thanks for reading! 📚👀 


If this type of content piques your interest, come join the MelonsTrade Telegram group, where we regularly discuss setups and refine our skills in spotting these patterns. 🍉💬


Together, we can piece together the key components to pick high-probability trades. 🧩📈


Want to take your trading to the next level?


 Click here for a FREE Trial to our Trade Signals service >> https://synergy-markets.teachable.com/purchase?product_id=5048054 🎁💰


Don't miss out on this opportunity to elevate your trading game! 😄✨


15 views0 comments

ComentĂĄrios


bottom of page