Hey tradomaniacs, welcome to another free trade-plan. Important: This is meant to be a preparation for you. As always we will have to wait for a breakout and confirmation. Type: DAy-Swingtrade Market Buy: 0,68800 Stop-loss: 0,67450 Target 1: 0,70200 Target 2: 0,71325 Target 3: 0,72185 Stop-Loss: 135 pips Risk: 1-2% Risk-Reward: 2,5 Notice: Waiting...
Hey tradomaniacs, welcome to another free trade-plan. Important: This is meant to be a preparation for you. As always we will have to wait for a breakout and confirmation of this Diamond-Pattern. Market Sell: 1,55680 Stop-loss: 1,57600 Target 1: 1,52220 Target 2: 1,51000 Target 3: 1,48900 LEAVE A LIKE AND A COMMENT - I appreciate every...
diamond pattern formation on usdcad it can go long way down just hold your sells and trigger the sl accordingly.on h4 its in rising wedge so you can get in accordingly
Expecting that up move for beginning of up trend of dxy.
The diamond top occurs mostly at the top of considerable uptrends. It effectively signals impending shortfalls and retracements with relative accuracy and ease. The diamond top formation is established by first isolating an off-center head-and-shoulders formation and applying trendlines dependent on the subsequent peaks and troughs. It gets its name from the fact...
Hello Traders, Today’s chart update will on BTC’s immediate projection- we have a probable diamond formation which serves as a bullish continuation pattern. Points to consider - Trend travelling into apex - .382 Fibonacci as local support - RSI respecting trend - Stochastics in lower regions - Volume declining - VPVR area being tested BTC is closing in...
Do not be a wick careful. Potential support and resistance zones are on the chart.
Potential diamond topping pattern on the Bitcoin 1-hour chart. Was expecting a run to $9,350 and a slight pullback this week and now it appears as though we may get the pullback going into the weekly close tomorrow. Level of support I'm watching for on any decline is $8,900(red line), as long as price remains above that level the trend should remain up.
The diamond I showed yesterday played out, but..... Not to the upside as shown in the chart but to the downside.
Hi all, ** Note: This POST is only about the MACRO level. > After looking at the bottom and drawing some trend lines, it occurred to me that we possibly have a "DIAMOND reversal trend" , at the Macro level. > Beyond what most have have accepted and pretty much confirmed is that a inv. H&S took place, which is not the whole story. > FYI I define inv. H&S as a...
Another diamond pattern, just confirming that holidays are all over the place :) I'll start longing in green area or on breakout to upside from here with marked targets, where I'd wait for re-enter, and stop loss below previous low or even more loose because of high volatility at the moment. Disclaimer: this idea is solely for my own purposes, to satisfy the ego,...
Carol Channing was singing this already in 1957. Usually this pattern means reversal and that's what I'll be tracking in the beginning of 2020 - until the end of this year there may be just fakeouts with all the holidays in place. After a clearly defined direction there's an opportunity for basket of pips. As charted, I'll offload some parts of position at marked...
Pepsi is currently in a large upward channel on the weekly timeframe, on the daily timeframe a bull flag can be observed, this will lead to upsides. Other patterns include a diamond bottom reversal after a short term bearish run, a double top, and a double bottom. A great buy long term.
Diamond reversal Trade Tag: Devils Advocate Confirmations: 2 Take profits are marked accordingly to the predicted ending.
Spotify is showing mixed signals with the formation of a diamond top which is indicative of a bearish reversal, evident on the chart. Also, formation of an island top which are a quite reliable bearish reversal chart pattern. The uncertainty in this chart may be evident to investors which choose to capitalise on this or sit out. Personally I use Spotify myself..
INFY has formed a parabolic upward trend with multiple bottom points, including a diamond bottom. Uptrend can be seen to be a strong trend with a regression analysis of .84. Looks overwhelmingly bullish.
Ark diamond top formation, the 'diamond forms after an upward price trend. Breakout is upward' results in a short-term bullish continuation. Very consistent in a bull market with 21/23 Performance rank however in a bear market quite inconsistent with a rank of 2/19.
Boeing forming a diamond top, it's a rather rare pattern but can be profitable if it plays out.