Barr
Review of Gold's expected rally and why we entered long todayLook at this chart and understand why it was the only move that was likely to happen today:
Firstly we already corrected all of the range down (balanced), that was the first key that we're potentially going to correct the drop next.
This is how markets work; correction of imbalances and continuations of the master trend direction.
The master/macro trend target is always the easiest no brain target for those of us who actually make money trading. Anytime we correct imbalances, we are looking to buy, only degenerates are looking for the short target and never realize where it is or when it's been hit--hello? It's the imbalanced ranges below, write this down:
When we are bullish, price will only go down to correct the major imbalanced ranges and then continue bullish.
There is no supply zone until the large wick range.
I will help you understand this stuff tirelessly even for free although I charge a $100/mo mentorship I don't care if people pay me, I just want you to see the easy truths about the chart most don't see 🫡
1-2-3 Correction coming in BTC?We reached the low of the weekly CR target last week. WIth the new bullish candle of last week, we can expect this week to be bullish as well but the target is shallow; the high of the bearish candle from 2 weeks ago 👀
We expect another selloff from the bearish imbalance range (purple) that will complete the 1-2-3 correction
Short Breakdown of Cardano (ADAUSDT) weekly/daily technicalsLooked over this for a friend. Rowland I would love your feedback in the comments 🫡
I will see my biggest expectation is for this to make it's way into the weekly imbalance range below the weekly Mother Candle we are existing within. The entire crypto market seems to want to revisit some key lows to correct some inefficiently delivered rally ranges (meaning too many pending orders left behind due to price not coming back to grab them, happens when HUGE money places--attempts to place/fill--bulk orders).
We are getting what I think is a temporary bullish correction due to taking of profits at key lows. It is my belief/observation that after correcting the newly minted bearish range (grabbing pending shorts above daily highs--turtle soup I think they call it), we will be able to drive down into the bullish imbalance weekly candle's range.
Let's see how we go! 😈
Eur, Gbp & DXY Dynamics: We have reached fair valueWith equilibrium being established we are stuck in an internal liquidity range. We do expect the trending targets to be hit although we are seeing a preliminary shift in structure.
If there was anything I missed in this analysis please let me know. Share this with anyone who may be interested 🙏🏾
PROSBUSD - Bump and Run Reversal Bottom PatternThe bump-and-run reversal bottom is a chart pattern that is a surprisingly good performer in both bull (ranking best for performance) and bear markets (ranking second best). It has a low break even failure rate and high average rise after the breakout. Discovered by Thomas Bulkowski in 1999.
BTC/USD 8-hour Shots at the BARR. Get Down with the Pattern.BTC/USD 8-hour: BARR pattern still on point 💪🏌 and price moving as predicted. Orders should be placed between 23500 and 25k to catch the bottom of the bump in accordance with the 2 descending trendline start points and the conclusion of it at 23500... to catch the reversal.
Carnival Cruise Line: Bump and Run Reversal BottomCCL is Double Bottoming with some very distinct Bullish Divergence on the Monthly Timeframe on both the MACD and RSI and it also has a Lead-In trendline that goes all the way back to 2018. If it breaks above this trend line then it will begin the BARR Breakout which could then take it above the Neckline of the Double Bottom and BAMM us up to the 0.886 Retrace up at $59.65. I personally am trading this via the 2025 LEAPs at the strike price of 10 dollars though i may also get other long dated calls at different strikes later on.
Bitcoin | Bump & Run Reversal Bottom Pattern..!!
#Bitcoin Bump & Run Reversal Bottom Pattern in Daily timeframe Chart..!!
What is Bump & Run Reversal Pattern?
Bump and Run Reversal Bottom (BARR) is a technical analysis chart pattern that is used to identify potential reversal points in an asset's price trend.
It consists of three phases: the lead-in phase, the bump phase, and the run phase.
During the lead-in phase, the asset's price trend is relatively flat and stable. Then, during the bump phase, the price experiences a sharp increase in value, followed by a brief period of consolidation. Finally, during the run phase, the asset's price experiences a sharp decline, which usually marks the bottom of the trend.
The key characteristic of the Bump and Run Reversal Bottom pattern is the presence of a gap between the lead-in phase and the bump phase. This gap represents a period of excessive speculation and creates an overbought condition, which is ultimately corrected during the run phase.
Traders use the Bump and Run Reversal Bottom pattern to identify potential buying opportunities, as the price may be poised to reverse its downward trend. However, like any technical analysis pattern, the Bump and Run Reversal Bottom should be used in conjunction with other indicators to confirm the potential reversal.
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PROSBUSD - Bump and Run Reversal Bottom Pattern?Bump and Run Reversal Bottom Pattern
The bump-and-run reversal bottom is a chart pattern that is a surprisingly good performer in both bull (ranking best for performance) and bear markets (ranking second best). It has a low break even failure rate and high average rise after the breakout. Discovered by Thomas Bulkowski in 1999.
Celsius Token Future Potential Bump and Run Price ProjectionIf Cel can get back above the .236 Retrace and then the trendline i think it will make a dash towards the .886 Retrace then the 1.618 Fib Extension.
*This is a Repost of an existing setup on this coin but the chart i used was an FTX chart and ssiunce FTX's chart no longer exists i felt it necessary to repost the same setup but on a different exchange*