Beginnerfriendly

EA Ready To "Spill The Tea"?!Price on OANDA:EURAUD has made a sharp decline after a rapid rally. With price currently trading just above the Support area, a familiar Bearish Reversal pattern begins to emerge, the Inverted Cup and Handle! With an Inverted Cup and Handle pattern, after price forms the "Bowl" of the pattern and finds Support at the level that mustered the rally at the beginning of the pattern, we should expect a Retracement in price. Typically a Pullback to the 38.2% level, but no further than 50% level, i

by Novi_Fibonacci

Beginner Friendly! Use Elliott Wave Theory for Directional Bias!Here is a brief visual roadmap showing how a beginner to the wave theory can still access the main benefit of EW Theory... Directional Bias! That thing that keeps you in profit and with the trend, even if you misdiagnose a pattern or have an errant wave count. I've highlighted some of the key benefits to having the correct directional bias and some of the most important properties of using The Elliott Wave Theory as a beginner! I hope this is helpful to someone, if you are struggling with your

Inverted cup and handle formation Long term up trend is turning into an inverted cup and handle. Hopefully it breaks out cause I’m long in this sector. But all other quantum stocks are showing downward trend even post quantum stocks. And current market trends are not helping.🤞

Bitcoin Inverted Cup & handle Bitcoin is forming an inverted Cup & handle pattern with a target of 63k-66k. I was surprised to see this when I inverted the chart. Just sharing with you what I see, and I hope the pattern changes and we continue to go up. However the highest probability at the moment is further downside, but we may still have a bounce toward 89k-91K before seeing the blood.

by PolyGloTTrades

Trading in My PJs: How Comfort Turned My Trading Around I used to think you had to look the part to be a serious trader - suit up, stare at screens in some office-like setting, and wear that intense Wall Street frown. But one chilly morning, I decided to ditch the suit for my pajamas, and guess what? It was one of the best moves for my trading career. The Day Comfort Clicked Waking up to the cold, I chose to trade from my cozy bed, PJ's on, with a warm cup of tea instead of my usual coffee. Something amazing happened right then. I felt so relaxed,

by Mindbloome-Trading

AGIX coming down in the short term 15 time frame AGIX is about to make its decent to the down side, first stop 0.3050, Inverted adam and eve also invert cup and handle, happy trading

by Crypto_Cam_1

$SPY $SPX $ES1! Massive Inverted Cup and Handle & Bear Flag?? 🤔AMEX:SPY SP:SPX CME_MINI:ES1! Analysis, Key Levels & Targets One day at a time, right… BUT doesn’t this look like a MASSIVE INVERTED CUP AND HANDLE + A BEAR FLAD… sorry for yelling but YIKES!!! Not to mention the MASSIVE Divergence going back to when the market should have corrected prior to intervention…. Stay alert, y’all… there will be rallies, but there will be DROPS as well 😅

by SPYder_QQQueen_Trading

Deciding Lot Sizes (My Method)A crucial decsion traders must make on each and every trade they take is lot sizes. What's the ideal lot size to take? What's the metric in which a trader uses to solve this ordeal? Here's my method: 1.) Start off with a high lot size. Say....7 normal lots. 2.) At this point, when imagining trading with this lot size you should feel a sense of anxiety, nervousness or even excitement. 3.) Bring down the lot size by 1. 4.) At 6 lots ask yourself, "Do I still feel any sense of anxiety, n

by TradingForexPriceAction

BITCOIN : Btc/usdt Inverted Cup shape BINANCE:BTCUSDT Hi , Trader's as per my analysis , inverted Cup shape chart pattern forming Which indicate Bearish reversal pattern , if this is the case than market could fall to 20k area again There is significant profit booking at area of 28K buyer's exit there long position's 400m$ long position's exited till now from 28k area , which indicate's powerful reversal Maximum 30k will be the target for btc . Market need's to break 30k and candle of 4hr or daily closes above that point

Overhyped Defense Stock Trading at over 670x EPS We have another Overhyped Defense Stock trading well above EPS ; This time trading well over 600 times earnings while the price is breaking below trend. It could be argued that we have an Inverted Cup with Handle at the Highs and if 46 Breaks we could quickly come down to $18 a Share but due to how high the PE is i wouldn't even be against targeting the 1.618 Extension all the way down at 72 Cents.

BTCUSDT | Wave Analysis | Mega Bull Flag Formation +80%Price action and chart pattern trading > A possible downtrend continuation for C-leg with the current bearish PENNANT pattern > The downtrend TP @ 1.618 extension zone at 13K USD price - same target with the previous bearish INVERTED CUP pattern > An upcoming mega bull flag formation with target reversal +80% upside @ 28K USD price. > Close short position once a divergence signal presented. Always trade with affordable risk and respect your stoploss!

MARA - Inverted Cup and Handle Pattern We expect that the price will be decrease. The price of the MARA is forming a potential inverted cup and handle pattern. RSI is overbought and shows us that it is selling time. Entry, stop-loss, and target levels are in the chart.

by vf_investment

1302: TASI (BAWAN CO.)Short term and long term trade setups Trail your stop loss with proper Risk Reward

Inverted Cup and handle pattern in XAUUSD Gold against the Dollar have been sideways since September I st, 2022 , traded between 1700 to 1726 for almost a month for almost half of the month, Stronger CPI data on Tuesday affect the gold market by making the Dollar strong, Bearish momentum has supported by Inverted Cup and handles pattern , Market sentiment on Gold also mostly bearish, it can be understood from the following statement Société Générale sees gold prices falling to $1,550 in 2023 and recovering to $1,900 by 2024

Standard Chartered Short Idea STAN on the daily chart has put in a double top. An inverted cup with handle pattern is forming down towards the 200 EMA. Once price closes below the 200 EMA I will be looking for a short position. Around £5.40 Measured move (Size of Cup) will be my first profit target at £4.32 which is also an historical support level. Stop initially at top of handle around £5.96.

Simple Technical Analysis for Beginners Identifying the Support (lowest price), Resistance (highest price), and Key Levels (areas price gravitates to between Support and Resistance) one two or more timeframes. Today, I have them marked on the 4H and 1H Timeframes. Identifying Support Support is the lowest level a price will go before reversing. A support is created in two ways. The first way is when Sellers in the market close their existing positions and take their profit. The second way is when new Buyers enter the market by open

Deja Vu Too in 2021, I noticed some patterns on both the BTC chart and the QQQ chart. Now these patterns are happening again on both charts. Last time, they didn't confirm. The market bounced back up. It bounced in mid-Oct 2021 - when the fourth stimulus check hit people's banks while a ton of extra unemployment benefits were given to people. I'd say it was a coincidence, but I don't believe in those. One possible explanation was that the fourth check and benefits went into the market (just like a lot

by stockpreacherman

Will We "Affirm" A New Direction This Week Will We “Affirm” ( NASDAQ:AFRM ) A New Direction This Week? I strongly believe that a new direction will be affirmed for Affirm Holdings, Inc. (AFRM) this week. I've identified several reasons why I anticipate a new direction for the stock. Bullish divergence on the daily chart. AFRM is in the buy zone. AFRM is in a range on the daily chart. Outcome Expected- Break from range through the upper channel *Identified risks- -It will be very important to watch price action because the sto

by MrALtrades00

"Is NIO Emptying The Cup?"NYSE:NIO www.tradingview.com Is NIO Emptying The Cup? Please drink water my fellow traders because we all need to stay hydrated. Summer time will be here before you know it. Therefore, I encourage you to increase your water intake. On another note, NIO developed an inverted cup and handle pattern on the daily chart. My question to the trading community is quite simple. Is NIO emptying the cup? I have my cup and am ready to catch the water in case it..."pours". If it does I will "hydrate"!

by MrALtrades00

QQQ "Inverted Cup & Handle" Pattern Inverted Cup & Handle pattern on QQQ's daily chart. *This post is not financial advice.

by MrALtrades00

$ALGO Inverted Cup & Handle Bearish pattern forming on $ALGO Invalidation w/ candle closing above $0.905 Target 1 Zone $0.85 to $0.86 Target 2 Zone $0.71 to $0.74

by UnknownUnicorn20630062

$RIVN - Ready to Make New Lows Earnings were not kind to $LCID. Lucid Group cut its car production forecast for this year by as much as 40%. The company cited supply chain constraints and parts quality issues for slashing production to between 12,000 and 14,000 vehicles, down from initial expectations of 20,000. “This reflects the extraordinary supply chain and logistics challenges we’ve encountered and our unrelenting focus on delivering the highest-quality products,” Lucid CEO Peter Rawlinson said in a statement. “We re

by jaykenneyTRT

COIN Inverted Cup & Handle Pattern Short thesis: - 4hr inverted cup & handle pattern - Bearish DMI - Bearish PSAR - Bearish Golden Cross on EMAs - Below VWAP (currently 257.19) - correlation w/ BTC reshort into 45K and potentially 41K liquidity zones - 4hr technicals flashing weighted sell signals (oscillators, pivots, moving averages) Price Target: 230 with potential all time low test

by soulunveiled

Inverted Cup with Handle and Descending Triangle, Oh My God Inverted Cup with Handle and Descending Triangle, Oh My God... These prices of all top 10 coins are so intimidating... But, cant ignore these signals!!! Is there anyone who knows better than me tell me that I am wrong... An Inverted Cup with Handle in 1H BTCUSDT. Descending Triangle in 1H BTCUSDT. All signs are pointing towards a sharp drop... On top that, it is Friday... May be 42, may be lower. If BTC push up from these signals, it will definitely be an eye opener for me to HODL!!! I mi