Ahoy mateys, Yesterday I published a chart looking at ETH dropping to $100 from a descending triangle pattern that I saw forming. I must admit my focus was on too narrow of a timeline, a triangle did form and did (slightly) breakout but my 30 minute interval chart did not do the best job at putting a more accurate timeline. Regardless, my suggested entries of...
Pair is in a possible range with price at the bottom Price may return to the ma's (Long) or breakout of the bottom support (Sell) Macd has crossed above the Red signal line Bullish bias Long Trade Buy stop at 112.85 Buy Take Profit at 113.20 Close trade if Macd crosses below Red signal line Find appropriate SL Short Trade Entry breakout of bottom support on a...
USOIL went through a decent pullback earlier today and can potentially reach 6335 as a result of another bullish swing. Limit sell order around 6335 with a 35 tick stop and 1R-2R targets is the current plan.
Whats up Traders Zoomed in look at a larger chart i posted previously. see link below. Yellow Line - Broken Neckline of Head and Shoulders Pattern Target Zone - is our options put take profit area, expiry 11/9 Looks coiled up , Symmetrical Triangle, with a little afternoon Volume, we are expecting price to take another leg down into the weekend. Lets see how...
CLZ2018 just hit the 61.80% retracement point on its recent bull swing and found some support seemingly. Continuation players are taking this opportunity to add on to their long holdings. The Schiff set's Median Line is met here as well. A healthy pullback in a major bull trend that may lead to 127.20% extension. Short risk in oil is the preferred choice as long...
FX:GBPUSD There's a Hidden RSI Bearish Divergence on the Daily Chart indicating a possible downtrend continuation. A break below and daily candle close below the trendline and we may see price go as low as ~1.21700 ( Previous Low of March) Short Entry: At close of Daily Candle below trendline TP 1: 1.27000 TP 2: 1.21700 SL: 1.32600 This is longterm...
As i'm a support and resistance trader i look at levels and trade bullbacks on the trend.. eurusd is currently simulating a comon continuation pattern
Advanced Triangle Breakout System Indicator 63 pips 5 Candle Mastery System Indicator 90 pips Big 3 Trading System Indicator 131 pips Each indicator finds trades setups based on Triangle patterns breakouts ATR breakouts Continuation candle pattern breakouts PM if you have any questions. I will be happy to help.
As you can see from this 1D chart, there is an inverse head and shoulders pattern and the neckline got broken a few days ago which signals that the pattern is complete and it is ready to go up. Moreover, the price is still above the moving average which tells us that the price is still in an uptrend. Therefore, we can buy NOKSEK at this pullback and aim for the...
There is a nice triangle/pennant on CADCHF forming after the last impulse wave we had. I trade triangles as continuation patterns. Put stop over triangle and wait for a break on H4 chart. If you guys want more ideas like this one, feel free to follow! Much Love <33
What you Think Guys about this Pattern . i Think Price will go Down because of Pin Bar on Strong Resistance and also 2 time Price go down from previous 2 pin bar and 3rd Stochastic overall showing divergence well its my analysis just for Education purpose ... so don't take trade i just share my idea to get more helps from senior lean more and more thanks to...
ECHO has a zacks rank of 1 (strong buy). It pulled back to the 61.8 Fibonacci retracement level on the wick of a bullish candle. It is also consolidating around this price level. it has also closed above the 20sma.There is definitely some historical resistance overhead, however, I believe it can break above this level due to the fact that earnings have been doing...
DO you see this shit? I thought of it while I was about to update one of my ideas. This is a head and shoulder continuation pattern, a very possible one at least. And it is a part of that big inverse head and shoulder pattern, what the hell is this what am I looking at... Only in crypto for real, this is absurd. Okay so outrage aside, this honestly looks like...
E-Wave asserting its presence here as we move beyond corrective wave C and enter continuation wave 2. Look to S/R (blue) for trend confirmation. Look to commodities for more insight.
Whats up Guys - Most of my analysis can be found ON the Chart. I will be entering a short position now with stop and take at the areas indicated. Give me ten likes and I will update the chart when I close out. Ten Likes and I will update the chart Intelligent disagreement welcome Good Luck - See you on the trading floors #Crypto #BTC #cryptocurrency #ADA...
After yesterday's large drop in price, I found a couple of things; however, I do not know if the bullish sentiment has remained, I do believe that because bitcoin has broken 8000 again, there is a chance that the bulls may still have this and that yesterdays' price drop was just drop because of news but not a change in market sentiment. Short term analysis: This...
New Iteksignal with multiple point of entry with more Continuation Pattern and filters. Iteksignal is based on pure price action. Trend Confirmation Line help you to stay on the trend side (Green/Red line). Short term Trend Line is mainly use for Trailing Stop (White line). Same Setup rules as Classic Iteksignal apply. Indicators Iteksignal signal –...
Currently, there are a lot of people giving up on Bitcoin, but its not over yet, and here are my reasons. 1.) There was a reversal pattern that took 2 months to develop and in accordance to our rules as traders, we must note that the longer and more volatile a pattern, the more explosive an outbreak is and there are higher chances of it hitting its price...