Greetings readers, As we can see, market structure is kind of all over the place however, there are solid areas of price action taking place. Right now as we can see on the day time frame, price has formed a bearish head and shoulders pattern. As we are aware, head and shoulders pattern is a pretty solid pattern. I believe price will fulfill the head...
Good evening (CST) everyone. Currently, I see a possible head and shoulders pattern forming on the 1H TF. Head and shoulders are pretty common patterns in the market. The neck line is identified and the target point comes from the highest point of the pattern to the neck line. Please leave some comments and subscribe. Its ya boy ENT and I'm out of here.
It looks like a clear double top is forming on the 4h TF for UJ. However, tread lightly because the overall trend in my opinion is still towards the 200 SMA on the D TF. Currently, NAS100 is possibly forming a double top pattern along the bullish trendline on the 4H TF. If this is so, then the next move for NAS will be a bearish one. Which means BTC, ETH, XAU,...
EU looks like it may be in the early stages of forming a W pattern. I like as many confirmations as possible however, sometimes I will try to score bigger by placing a trade ahead of confirmations too. Don't trade what you can't lose.
I believe a bullish pennant is forming. If so, this is a great opportunity to earn some pips. I would place a 0.01 first then follow up with bigger lots once confirmation is established.
Happy new years to all. GCAD is most likely forming a triple bottom pattern. I will say, watch this pattern closely because its one of those patterns that will grab alot of buyers than reverse to the downside. However, the likelihood of this happening is slim considering the current market.
Greetings all, please review the chart I've published. I believe that the reversal for price is completed and now will continue the down. Comments are all wanted. Thanks
I hope you guys been following this triple top display of perfection. Currently, price should drop nicely then create a beautiful wick in the next four hours. If a gap gets created after 3 hours then this pattern is spot on for a second confirmation of the pattern.
I'm not the type to hid my indicators! I can't stand why traders do that lame shit.
If price moves this way, this will be a nice play on Forex. Thanks
Greetings, Price will fill imbalance then reverse to complete the head and shoulders pattern.
ETHUSD is moving lovely. As we all know, ETH follows BTC. Thanks
Greetings, Price on the 1H TF failed to create another HL. Price on the 15m TF closed above the 50 ema and is now rejecting the 50 ema on a pullback. I got TP at 17244 which is the next FVG which will present a nice yet potential bullish scalp. From the daily TF, nearest resistance to price is around 17952. Price should hit this area and reverse to the...
Greetings, I have provided the potential movement for ETHUSD. In my humble opinion I believe this coin will make one final bearish move before truly going on the next bull run. Please, any questions or criticisms are always welcomed.
I believe structure has been broken and correction will happen before the next bull move. Let me know what you all think? Criticism is wanted. thanks
Greetings everyone, Right now ETH is moving sideways which can be a good thing actually. Give you guys time to get your money right. If price breaks trend line upwards then we can see a nice move to the upside. Pattern wise, this looks like a descending triangle which typically is a bearish pattern. However, price will do what it wants too. The dark blue...
I think EURO will continue to create a double bottom then reverse to complete a W pattern then M pattern then so-on. Let's see what the market makers decide to do.
Greetings Traders! I think gold is going to dump a little during or after Asia but I could be wrong. I see a triple top pattern has formed off the two hour time frame. I listed two potential target points. As always use your own analysis first. Check it out and let me know what you think.