USDCAD was our big winner from last week & now I'm looking for a potential move in the opposite direction as we approach a key level of structure on the higher timeframes. This is a countertrend opportunity which means I'm NOT looking for a full reversal, rather only an opportunity to catch some relief back to the previous level of structure support.
Currently...
Dear traders, this pair has managed a bullish correction and now it might be the time for a bearish movement. You may put your SL above 0.7270 with a target around 0.7150. Let's See!
Hi everyone
As you see bitcoin is in bearish channel and Reciprocal AB=CD harmonic pattern is obvious if the next candel stick pattern confirms the harmonic pattern in 4h TF we could take short position also if CCI crosses below 0 line is another confirmation of bearish, which the targets are shown in the chart by fibonnaci.
RDDBTC / the social tipping
this coin performs a bullish flag.
i already posted the chart when it was at 8 sat (over +50% profit so far).
if you wanna follow the bullish wave, buy now and aim for around 30 target.
however, if this coin drops, prepare for buybacks.
fundamentals:
''reddcoin is a tip platform that aims to be a social currency for everyone.
its...
Last week I had a EURJPY bullish breakout as one of the top trading ideas on my radar, but after getting a false breakout to start the week, price worked it's way back into the channel. We've no broken out to the high side again & this one looks like the real deal.
My projection is a move to the 132 level which is a previous zone of consolidation (look left,...
SHORT trade analysis on AUDJPY .
Graph is looking bearish from upper trendline and resistance area to lower support area . It is creating Triange Pattern and price is bouncing between trendlines right now. Price recently completed AB=CD Pattern and Regular Bearish Divergence , meaning that price will drop . Trade idea is also shown on RSI...
Hey There,
As you can see clearly on the chart, you can set a long position. but as i said always you must have your strategy and risk management.
Be profitable!
BINANCE:FTTUSDT
On the 1hourly chart, NZDJPY shows an AB=CD Pattern, this is not the usual harmonic pattern I will be trading, but why now? Well, on the 4-hourly chart there is a head and shoulders formation, having the long shadow candle close or some may know as pin-bar isn't enough for me to engage the trade. I'm using this as a trend following technique and I'll wait to...
Hey there,
Because the price has reached the bottom of the channel, I expect to see a good growth. According to the intersection of line DE and the top of the channel, this growth will continue up to the price of 68.5 tether. Notice it's just a prediction and It's up to you to have a good risk management as well as good strategy!
If you agree with me on this...
BCHUSD / operation dragon slayer
BCHUSD about to break up triangle pattern again.
projection target at 897.
maximum projection between 1114-1211.
general informations:
roger ver and jihan wu are supporting bitcoin cash
roger ver: twitter.com
jihan wu: twitter.com
2 AB=CD was found on 5 Mar 2021 2.30 pm UTC+8.
1.618 AB=CD was found on 13 Apr 2021 9.00 am UTC+8.
XIN HWA most likely drop to RM0.450 due to RSI Overbought.
Bearish 1.41 AB=CD was found on 29 March 2021 3:30 pm UTC+8.
Bearish 0.786 Reciprocal AB=CD was found on 20 April 2021 4:30 pm UTC+8.
Price expected to go down until RM1.510.
Double Bullish 1.414 AB=CD both found on 17 April 2021 and 27 April 2021.
Price expected to fall next week, however expected to rise on the following week.
As we can se here, Yesterday and today a new flat pattern is ongoing just over the tendency line we are carrying from before, just waiting to see which direction the breakout is going to take, this night or tomorrow. The short menace is not over yet.
XRP is looking bullish to me pack your bag's we are at take off.
what I expect is one of 2 things to happen
1. (Orange) ABC Pattern
to 1.349 then back to support at 1.0147 then up to monthly Fib 0.618 at 2.0936 price.
or
2. (White) 12345 Pattern
Up to Monthly fib at 2.0936 back to fib. at 1.34989 and straight to my target 1 at 2.9836 +
I'm not trading...
