Polygon (Matic) is trying to form a harmonic pattern known as "three drives pattern" . You can trade it by opening a long position first. Then set a %2 stop loss and short it. For target points, check the chart please.
LEO has experienced a substantial increase in trading volume and currently finds itself positioned within a consolidation phase, often referred to as a "load-zone," signaling a potential breakout.
I am bullish long term and this slight sell is just a reentry buy. Especially since the halving is next month. I'll be holding buys up to 100,000 plus. Happy trading this Super Bowl Sunday.
Is AUDCHF exhausting at strong resistance level? As the price is been on high bull run but now it seems like price is lacking bullish momentum after reaching at resistance level and bearish divergence suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 0.5666 followed by 0.5610. What you guys think of it
EURCHF's chart currently shows the formation of an AB=CD pattern, which signifies a Potential Reversal Zone (PRZ). Additionally, there is a Hidden Bullish Divergence , indicating a shift in the trend towards an uptrend. In technical analysis, an AB=CD pattern is a harmonic price pattern that suggests a potential reversal. The completion of this pattern at the...
I've been watching this in play with the DXY chart, and so far price has been dancing.. practising patients kills lol.. let see how this turns out.
Is AUDNZD getting bid after massive sell rally? As the price is been on strong bearish trend but now it seems like price is getting some bullish momentum after reaching at support level and simultaneously has completed bullish harmonic pattern. If the bulls took control , the 1st target could be 1.07500 followed by 1.0800. What you guys think of it?
EURCHF is trading in ascending channel and printing consistent HH HLs. and is about complete ABCD pattern at strong daily support level. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level. If the buy momentum continues the next target could be 0.9500 What you guys think of this idea?
Another round at this looking at the YEN INDEX to gain opportunities on FX
The same applies every time I look for entries with that shark pattern, I first look for an ABC PATTERN. Then set the fib tool to identify pull backs.. sit and wait for the market to give me a signal and take the trade. I've passed funded accounts with this method and still doing it. i usually aim for a 1:2 or 1:8 RR it really depends
If its STRONG I'd be looking for short trades on yen pairs Vice versa.... If it is WEAK I'd look for long trades on Yen pairs
So based on my last theory I got clipped, there was a lot of news combined with heavy consolidations within price. For me that's a no-go to trade, I saw this set-up and thought mehn! but it's okay. A Strong confluence to confirm is the reversal wedge pattern in the (D ZONE) between 2.00 and 2.618 amongst price action.
Bearish ABCD pattern and divergence have formed. The first target is at 140, and the second target is at the 135 level. I have indicated the support and resistance levels on the chart. Please do not forget to like and follow
NASDAQ:NFLX I expect a bullish movement towards the 518 level if the resistance zone at the 503 level is breached and there are candlestick closures. Our support level is at 461. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck
Btc formed crab pattern on the 1hr time frame taking long u can see the tps and sl
Forming bat pattern and now it's in a good buy zone
Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck