Hi
If the weekly candle is closed below 50 k and bitcoin does not touch the level of 41 k. We will have correction.
But if it touches the level of 41k and then reaches 50k, it means that it has gained the necessary force to fly.
This might be a great counter-trend trading opportunity for the counter-trend traders. I'm waiting for the 9pm candle close due to 8.30pm Canada CPI When I said aggressive, it's just I'll take the trade.
A bullish bat pattern setup near the demand zone for a counter-trend trade move.
Tomorrow before afternoon, we should have a chance to shift stops to entry.
A Bearish Gartley Pattern setup GBPAUD. I've taken the trade and place my stop loss on this trend trading opportunity.
Although I've shorted this Harmonic Pattern, it doesn't mean you should follow blindly. Point C violated Point A as it touches the candle body that acts as a tested Support Level that could sabotage the integrity of this trade.
A buying opportunity can be a possible trading setup as long as the candle didn't break and close below the trendline of this Inverted Ascending Triangle.
If the current candle close as a long shadow(having the lower shadow 3times higher than the candle body I will engage on an immediate buy.
A Bullish Shark Pattern completes at 151.40 at 1pm(+8GMT). What will you do if you miss this trade?
Most traders will choose either 1 of the option:
1. Rush and engage the trade
2. Set Pending Order at the entry price and hope for the retest.
I engage 25% of my position to the 1st target and the remaining 75% I'll set the Buy Limit Pending Order to engage the...
It's interesting how AUDUSD transform to a sideway bounce setup that offers a buying and selling opportunity on both extreme end of the Green Rectangle.
Waiting for the 1hour candle close to decide on the trading engagement.
As mentioned in the training video, this week the chart on the AUDUSD is having the same trading opportunity as NZDUSD. I also shared my views on correlation currency pairs.
There are 2 different Gartley Patterns that forms on both the 4-hourly chart and the 1-hourly chart.
I will be waiting for the shorting opportunity on the 1-hourly chart at 0.7400 as a trend...
A Bearish Shark Pattern complete at 111.76, but that would be my immediate focus. A consolidation zone between 109.59-109.35 would be the area I'm waiting for a Double Top with RSI Divergence for a buying opportunity.
Trading can be simple. Don't overthink.
A Bearish Shark Pattern has shown up and is complete at 1.3952 which is nicely seated within the consolidation zone between 1.3947-1.3957.
However, that Harmonic Pattern will not be the immediate trading opportunity. What you can expect on Monday market open will be the sideway bounce setup between 1.3878-1.3799. A double top with RSI Divergence and a 3 point...
A Bearish Harmonic Patterns, to be precise a Bearish Crab Pattern has emerged. If this Crab Pattern is going to happen, it will hit 1.1808 by Monday, 16Aug21. If not the setup is just too weak to interest me for the trade.
What's nice on this setup is that the Harmonic Pattern completes within the consolidation zone.
Testing my skills and trying to dissect trading analysis. Looking to find multiple confluence factors while also fine-tuning what tools id like in the toolbox.
ANY CONSTRUCTIVE CRITICISM WELCOME.
HOPEFULLY THIS HELPS SOMEONE!!
This emerging Bearish Bat Pattern is special, it coincides with the daily chart The Cross, for the short form to avoid confusion I'm going to call it Le Cross instead ;D.
I'm going to place a pending sell limit order in this counter-trend trading setup. If it's going to happen, it will trigger before this Friday Market close.
This is part 2 of first analysis. See related idea link. Part 2 details entry point/candlestick analysis for possible "M Pattern". 30m candle analysis.
- Audius - AUDIO Rank #221, Volume 24h $23,243,503.
- The price is forming an head and shoudlers pattern on the daily chart!
- Currently the price is above the 200 Moving average!
- ALL TIME HIGH resistance is the first target, but i belieave we can do much more.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk...
