Welcome Hyperspace Agents,
This is the second part of US OIL. Part V2.
In order to understand this chart. You must do the following:
- View the ENTIRE Time-Series Analysis.
- View Pt. 1 of the US OIL idea.
-Try and Grasp the understanding of Harmonics and Inverted C&H formations.
-Be open minded.
Please see the snapshots in order. They represent a snapshot...
Is about to make a inverted cup and handle formation which is a clear sign of the bearish trend. We have predicted that pattern in lower timeframe and the downward move will be limited to the particular points. In inverted cup and handle pattern we have a two short opportunities one is from the bottom of the cup and and the second one is after the minor...
Bharti Airtel rounded top formation completed and but got support from the 400
According to the analysis
1, It got support from 400, that is very strong support zone (360-400)
you can check monthly and weekly time frame to get an idea
2, Break down of this support zone, will leads to 275 target then 225 will hit (note: will take more than 6...
New to trading and still learning to properly chart, but spotted this inverted cup & handle that looks like it may play out soon for COMP.
Thinking of shorting the break down at $146, then measured move down to $110-120.
Am I think about this correctly?
We saw a drop in gold yesterday. Gold presently forming a inverted cup and handle. The setup is still not complete. Looking for clear breakout before taking my position.
Please like share and comment for any feedback
Hi friends hit the like/follow button to motivate me to continue. Check my previous ideas to keep up to date.
We went over USDJPY and EURUSD that have move similar, now USDCHF is the pair they’re opposite trend. Now this is not always 100% due to volatility and Fundamentals impact.
We can observe the inverted cup and handle was respected, also we can see how the...
if you have entered this trade as i did during today maybe you also have not realised this could be huge.
Now after looking to a bigger time frame it looks like we have formed an inverted cup with a handle breakout during today ... are we going to see the cup breakout?
eyes open for this one
Right now btc is in the middle of channel anything can happen. So i'm no trade zone. The butterfly went trough but i bought some.
I learned a hard lesson from that is to first ladder buys or ladder shorts so if you loose you lose not too much. So here's the bearish scenario of BTC
need rejection around 1467
and break down 1455
next dangerous target 1427 as tp 2
note: already created similar idea a few days ago, but I deny those pattern as HS, now I see this more as inverted cup and handle
note2: already said about 1425/1427 area... but up to you believed 1427 area as target or not,
I'm playing safe with targetting 1436, since...
The counter formed an inverse cup and handle and broke out in the past week.
The weekly close below the pattern validates it as well.
And we expect the counter to flush it down, with or without a correction.
Both weekly and daily are in down trends
Starting to form inverted cup with handle on 4H chart
we are now approaching the support level at 0.68617
Looking to enter this trade only once support is broken
Trade will only be active once level is broken given us the buy signal, we can the set target for the next support level
The inverted cup and handle pattern on xrpbtc seems like it is more a 1week chart pattern or possibly a 3 day pattern meaning it can close multiple day candles under the rimline without triggering the breakdown to negative satoshis. If it's more valid as a 3 day chart pattern then we can close around 6 consecutive 1 day chart candles under the rimline without...
this pattern here is why I believe xrpbtc will no longer close any further candles under this current price point. We are in an inverted cup and handle pattern with a downward slant but the breakdown target is negative satoshis which I think is an impossibility. Therefore probability highly highly favors this being the bottom. last time we had a head and shoulder...
So the large inverted cup and handle (1) came out confirmed. The push for BTC and the resulting altpocalypse, plus the Binance hack were definitely factors.
so where next?
There was a second smaller IC&H (2) on the way down that had similar volume properties to the first. Added to the 1st one that takes it down even further.
whilst BTC remains dominant BNB...