Spotted this strong bullish harmonic structure in an advanced form. The pattern pointing towards 32k as the next bullrun target on BTC.
Kindly go through the chart and do leave your comments about the expressed view. It sound real funny.
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Pattern: Channel Up.
Signal: Buy when the price completes the roughly -8.00% decline from the recent top. There is an obvious declining pattern on the pull-backs within the Channel Up.
Target: 44.50 (+2.20% from the most recent High, in accordance to all previous Higher Highs made).
** Please support this idea with your likes and comments, it is the best...
1 What is CTA Trading?
2 Types of CTA Trading Strategies
3 How does CTA Trading Strategy work?
4 CTA Trading Strategy
4.1 CTA Trend Filter Rules
4.2 CTA Trading Rules for Entries
4.3 CTA Trading Diversification
5 Final Words – CTA Strategy
1 What is CTA Trading?
In finance, CTA is an abbreviation for Commodity Trading Advisor.
A CTA is a professional money...
After waiting all week, the US payrolls delivered numbers good enough to rally the Greenback back to its recent high but not strong enough to cushion the negative COVID inspired dent on the US economy. After moving over 200pips in our direction since my last publication on this pair (see link below for reference purposes), price did a correction to form what looks...
Hello friends!
The dynamics of the growth of the BTC price is coming to its logical conclusion.
At the locally the triangle correction model has formed, which has been successfully implemented by price.
The price can reach the level of 12500, after which we expect a fast price decline in the impulse wave of the oldest correction model.
We recommend looking...
Spotted this strong bullish harmonic structure in an advanced form. The pattern pointing towards 32k as the next bullrun target on BTC.
Kindly go through the chart and do leave your comments about the expressed view. It sound real funny.
Moreover REMEMBER to appreciate my effort with your likes and always subscribe(Click follow) to my profile for fast and quick...
XRPBTC
Buying around 0.000025 - 0.00002266
Targets around 0.0000288 - 0.0000322
Breakout of 0.00002133, the price may fall below
f you like what I do, put 👍 and subscribe
Waiting for your comment, what do you think about this?
USDCAD is currently trading in a strong bearish trend.
during the last few days, we saw a nice pullback though.
friday's candle closed on a resistance line of a falling channel.
matching with fib.levels of the last legs and a horizontal structure on the left,
the price is now clearly trading within a strong structure...
💡Hello traders,
Hope you all have a fantastic day !
I would appreciate any likes and follows from this idea, that would encourage me to publish more ideas and analysis.
Like all of USD pairs also USD/CAD has been in downtrend for couple of weeks, however economical data came out better then expected and USD could change trends. In this pair first hurdle is...
Super, Exciting Time Cycle Identified for VIX and CV stocks. There is a major time cycle(semi-circles) and minor time cycle (lines) running. The major time cycle bottoms around the 17th of August. So look for a top in the market then and a bottom in VIX and CV stocks. This will be followed by a rally in VIX/CV stocks going in 2 phases/cycles with a minor top in...
TDOC is buying out another medical services company that also works in the virtual care platform
already the LVGO stock has gone over the value of this merger and lawyers are taking clients to sue
i Had to re-align my channel to fit the dropping price of TDOC as people are selling out of this merger
although a...
So yesterday we did actually get a better than consensus print on the jobs data out of July but i don't think it was Beat-ey enough to get us rolling in the upwards direction as i think the market thinks that we're having some 4d chess going on (insert chick doing math in her head meme here). And i still suspect this is the case. (I've got memes for days for this...
US indexes keep growing.
probably they haven't heard about the massive unemployment rate and corona aftermath all over the world.
nothing can stop the global economy.
who dares massive gbp loss this year,
who dares the spike in bad debts.
if you noticed a salary decrease during the last few months, probably you just don't...
I use the "OEX" CBOE S+P 100
as an overall market confirming Trend Index
Comprised of the 100 largest capitalization companies on the NYSE and Nasdaq,
the OEX is a "proxy, and broad range"for United States cooperate performance.
This past week...
the OEX broke out to an historic all time high closing at 1547.90,
clearing the Feb 2020 top, prior to the onset...
Old school Pesavento Gartley. An ab=cd measurement completes at 0.618XA. Note the targets!
This pattern is rarely used. Mordern variation is 0.786XA+ab=cd which requires deeper B-point and C-point ratios.
Midterm forecast:
1939.45 is a major support, while this level is not broken, the Midterm wave will be uptrend.
Technical analysis:
While the RSI uptrend #1 is not broken, bullish wave in price would continue.
A peak is formed in daily chart at 1818.00 on 07/07/2020, so more losses to support(s) 2000.00, 1970.20 and minimum to Major Support (1939.45) is...
Did you notice that under the guise of a rising market,
that the beloved technology stocks cracked yet again on Friday
The possibility exists,however remote to most
that we are in a potential "blow off phase " in this astronomical rise of big tech.
When the leadership is so one sided in thinking,and real or imagined future earnings
that there is simply no room...
Two things on Last Friday's Gold Chart that are note worthy :
1st) Big Orange Arrow pointing too golds rebound of last 3 hourly candles and it is kissing the lower arm MA is bullish in nature.
2nd) is the Stoch/Rsi ellipsed showing up lifting is bullish in nature.
For now Monday morning is bullish looking forward from this data.
Reposted from Yesterday...
Traders, US30 moved exactly to the levels that we expected last week. Now it is between 2 important levels. It may perform a retest before moving higher. The higher level is crucial because if that s broken then, we are looking as a huge breakout to the upside. Lets see in this multi time frame analysis.
If you found this idea useful, hit the like button and...
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my...
DXY - Short
Top 6:
EUR/USD - Long
AUD/JPY - Short
NZD/JPY - Short
EUR/CAD - Short
GBP/JPY - Short
EUR/AUD - Short
Wildcarts:
USD/CAD - Short
AUD/NZD - Long
Gold - Short
GBP/USD - Neutral
USD/ZAR - Short
CAD/JPY - Short
EUR/JPY - Short
Bullish and bearish engulfing candles marked with horizontal lines around engulfed candle.
This indicator can be used to assist in locating potential supply and demand zones.
The fresh zones will be of green and red line colors and the tested zone lines are grey in color.
This indicator is very simple, but surprisingly effective, and I haven't found any mention of something similar, so here it is. I hope it helps you in your stock trading.
Someone made a comment in a trading room that the 8 am candle of the stock looked odd, so I quickly checked all the other stocks I had on my screen, and for all of them, the 8 am candle was...
This is a study of my Breakout Trend Follower Strategy for us in live trading (not backtesting). Added alerts when the buy and sell signals happen as well as the visuals.
Hey! When we all started we passed trough some difficulties in trading.
Usually we face this problems during first year of trading. Most of people by the end of year losing all of money and quit trading forever.
Basically this caused by overtrading and having no idea what to do. Like many business in our lives trading require some abilities and technics which...
I am back with my new idea On chart pattern. Today, we will discuss about rounded Top and Bottom.
So Let's talk about rounded Top & Bottom . First of all i Made chart , You can see on screen.
This is >
(+) Rounded Top :
&
(+) Rounded Bottom :
The rounded bottom formation...
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Hello Traders Investors And Community.
Welcome to this idea about the classical head and shoulder top formation which can be found on smaller timeframes as also higher timeframes.
Although there are inverted head and...
1. You should not expect that the loss-making trades will ultimately lead to a reversal and profit. You should not build up a position on it, proving to yourself that you are right. The best solution would be to exit the position and accept your losses, as they are inevitable in stock trading.
2. Stop loss and take profit should be based on the market situation,...
