This is the strongest Bitcoin Pattern. Its called the Ladel Pattern, and it Starts when BTC reaches All-time high. The Ladel pattern has been consistently appearing at every major all-time high of BTC. And the accuracy of this pattern is pretty high as you’ll see in this video. People are used to “One Size Fits All Patterns”. The ladle pattern is proof that...
Although I didn't post this trade as viable now the time has past I thought I would post it so you can see why I didn't take it. A real shame as the Fibonacci levels on the harmonic are near perfect but the first profit target is to small. if it is not bigger than the stop lose then I don't take the trade. Hope this gives you some insight to harmonics. Although it...
How to Trade when you see the Gartley Pattern? What to consider to enter the trade? To enter a Gartley trade you should first take note of the pattern and then confirm if it is valid or not. Outline the four price swings on the chart and check to make sure they respond to their respective Fibonacci levels to draw the Gartley pattern on your chart. Ensure you mark...
How to trade when you see the pattern? Trading a bearish Crab pattern To trade a bearish crab pattern, put a short (sell) order at point D (the 161.8 percent Fibonacci extension of the XA leg). Entry: Identify where the pattern will end at point D, and place your order Stop-Loss: Put your stop-loss just below point D Take Profit: The location of your profit...
How to trade when you see the Cypher pattern? While trading the cypher pattern, you will apply a set of simple rules. They will try to minimize risk and maximize profits. Even though there is one more important step to learn before defining the cypher pattern trading strategy rules. Step 1: Drawing Cypher patterns Click on the harmonic pattern indicator located...
How to trade when you see the Shark pattern? The ideal method used to trade a shark pattern is quite different from that used for other chart patterns. The take profit can be at 50 to 61.8 percent of BC . The way to trade this pattern is to go in at the open of the next candlestick after the harmonic indicator has detected the pattern. As soon as the C-leg forms,...
How to trade when you see the Bat pattern? Before trying and trading the pattern, confirm from this checklist that the pattern is real. It should include these vital elements: An AB=CD pattern or an extension of this pattern An 88.6 percent Fibonacci retracement of the X-A leg A 161.8 to 261.8 percent Fibonacci extension of the B-C leg Next will be to look at how...
What is the Alternate Bat harmonic pattern? The alternate bat pattern is a variation of the Gartley pattern. Scott Carney developed it in 2003. It is popular for incorporating the 1.13XA retracement as the defining element in the Potential Reversal Zone (PRZ). The alternate bat harmonic pattern is one of the most precise trading patterns that works exceptionally...
How to trade when you see the Butterfly harmonic pattern? Before trading the butterfly harmonic pattern, confirm from the following checklist that the pattern is real. It should have the following vital elements: AB= an ideal target of 78.6 percent of XA leg BC= minimum 38.2 percent and maximum 88.6 percent Fibonacci retracement of AB leg CD= Is a target between...
Hey traders, I receive dozens of questions each and every day concerning the topics to study to become an expert in technical analysis. Here I have collected the main subjects that, in my view, are essential for successful trading. *the order of the topics is spontaneous and there is no logical sequence 1️⃣ - Candlestick patterns To me, candlesticks are...
The bullish rectangle is a continuation pattern that develops during a strong uptrend. Once the pattern is established, a break to the upside would imply a continuation of the bullish trend. In this case, there is clearly a breakout .
Hey all, Another quick breakdown of a Hybrid setup taken this month.. The trade initiated from a Sr. Daily Zone which was created all the way back in January 2018, where price showed a beautiful trendline break and a huge crash in price. Overall the monthly time-frame was sitting at major value as well together with the weekly chart being in need of a reversal...
Nifty spot is probably heading towards 15750 - a bearish wolfewave is in progress
How to trade in diamond pattern: 1: Break; 2: Pivot; 3: Bounce; 4: Higher volume than last ones.
150 is the 10 week sma and multi year support/resistance and 144 is 20 sma. both of these levels will be a buying level. so strategy should be buy the dips although a bearish gartley has formed. view to be changed below 150 for 144.
You may be wondering why you keep losing money in the markets. Well, we've all been there - more often than we wished for. But we asked for it every single time. So, why is that? After years of repeatedly or constantly losing money, I know very well what I've been doing wrong for so long. I came to the conclusion that I - and most people I observed or know in...
Head and Shoulder Often considered the most steadfast of all major reversal patterns, the Head and Shoulders chart pattern is employed by novice and experience traders alike to speculate on both forex and stock markets. The benefit of this chart pattern is defined areas to set risk levels and profit targets. The inverse (reverse) head and shoulders pattern is...