Hello TradingView Family / Fellow Traders, 🏹 After a 50% surge from 25,000 to 38,000 , BTC has entered a consolidation phase within the confines of a symmetrical triangle, as highlighted in orange. This development holds significant importance as it aligns closely with a yearly resistance zone between 38,000 and 40,000. The resolution of this pattern will...
Hello Traders and Investors, My name is Philip and I am a German swing-trader with over 4 years of trading experience. I only trade the higher timeframes, preferably the monthly chart, because this allows me to capitalize on the major market swings. I view trading as a long term game over the next 20 years which will help me to build massive wealth - it is not a...
My analysis of the GBPJPY forex pair is as follows: 1. Market Structure: I have identified the primary wave structure, marked in red on the chart. The corrective wave structure, labeled 0A-BC and marked in blue, is also evident. By employing additional techniques, I anticipate that the correction will conclude at the designated point C. 2. Price Action Momentum...
Advanced Technical Analysic for maxximum Precision for symbol USoil (WTI) ! 1. Market Structrure, Wave Structure. 2. Trend & Reversal. 3. Supply & Demand zone. 4. Fibonacci analysic. 5. Indicator, Volume, Candlestricks. 6. Secret Technical Analysic.
Advanced Technical Analysis for Maximum Precision GBPUSD 1. Markets structure 2. Waves Structure 3. Fibonacci 4. Trendline and reversal 5. Indicator, Volume, Candlestricks
Here is a strong channel (number of touches and correlations) of Microsoft. Look to sell the highs (pink box) and buy the lows (green box). I think it makes sense to buy with reduced risk as this is a bearish channel and the flow of money is to the downside. That means that longs will fail more often. It's already at a sell zone, so it just needs a...
Here is a pattern that I've studied in some detail... It's a false breakout of a proven resistance level (in this case a very strong one). Note the little to no travel above the bar, along with a return beneath the level. That signals that the bulls have no interest in higher prices. Stops can be placed anywhere reasonable above (at some corrective Fibonacci...
Here's a channel that has been telling the technical story of T-Mobile. At the tops it has been consistently selling-off and at the bottoms, it gets bought up. Personally, I look to sell the pink zone or slight above and buy the green zone. If it breaks out of green however, I would liquidate all longs and go short. Currently, it is pulling back from channel...
This is a channel for others to copy onto their charts and use as they see fit. If you want to understand how I drew it and the highlights, then look at the tutorial for channels on my page as I've drawn it the same way. As for how to use the channel. You look to buy at the green zones and sell at the red zones when the right candlestick pattern appears. The gray...
Good morning I hope you all are having a wonderful life as it Is our birthright. I want to let us know that for the past 730 Hours AUDUSD has moved................. Zero PIPS. Yes, we are right back where we started and I'm really optimistic about what's in store for us this month. Last month began with sellers dominating and I wonder If we'll get that this...
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone & the lower trendline. The target is placed near resistance.
This isn't a direct trade, however the channel highs and lows can be traded by analyzing the candlestick patterns from those levels and trading accordingly. This is more for learning about how to draw channels. The dark channel lines are the main reversal level. The dashed line is the minor level of the channel. The green area is the buy zone. And the pink area...
We continue to progress in the impulsive price action to the downside which in the larger degree wave cycle is playing out the WXY to the downside from the ATH level. We can clearly see from X wave top at ~$48,000 that we began an impulsive structure to the downside which has evolved to many wave cycles of varying degrees as shown on chart; we are now heading into...
Bat pattern on 45m.Chainlink is ready for retest.Short time.
Well, well, well.... After repeatedly attempting to assure a retest of 900... Ouch We're down 10%+. Who knew :) closed 20/40 Nov 720s. closed 500/800 715.32 SELLs at 665. More drama to come, thank you Fanbois, we took yer $.
Hi Traders! AMD are investors patiently waiting for ER Q2, there is a good chance of a runup before or after earnings. AMD has managed to end the downward trend that started in feb 2021, and are now in an uptrend. From half May until the beginning of July AMD has had a beautiful run and has had a good correction like it should have, and closed just below the new...
Bitcoin 4h look: We can see on the 4H that a symmetrical triangle has formed, this is an un-biased pattern, although we are in a clear uptrend, and these kinds of patterns usually come as continuation patterns, the green boxes, and red boxes mark, support, and resistance areas. Regardless of this being a continuation pattern, we must pay attention to the other...