On this Pair currently price is in a consolidating phase, which then form a bear flag continuation pattern. Anticipating for the next impulsive move. I'll be considering a Risk entry type within the structure at an area of value. Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
DIA is in a coil (triangle pattern) after a big push up. After such great momentum upward, this looks like a good pennant pattern for a break up to eventually test the January 2022 highs. If you check the SPY it might also be in a flag pattern for a potential break up as well. Or it might be turning over. At any rate, I plan to wait for a break and plant stops...
After the first impulsive leg, price started to correct (consolidate) in form of an expanding flag which then signifies continuation of movement. I'm considering a Risk entry type within the structure. Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
A follow on to our last 2 charts covering BTC's 3-day Pattern! The 1-day Golden Cross has occurred and each time that it has in the past, BTC retraced just before or just after. Also following the cross of the 21 Moving Average Crossing above the 50MA, BTC retraced back to the 50 as id did in 2021, and crashing through it in 2015 and 2020. I have also noted that...
BE READY bullish and bearish in market i have mark level on chart comment me for stocks analysis
price managed to break the pattern strongly to the up side you can either enter now directly or wait for nice retest
King W. Harbmayg's Journal Entry #1 Interday Review: The direction came after a short which failed to break the previous low. It is also in alignment with my weekly buyside bias. Morning star is currently printing, which I ideally I should wait for the closing of the candle, and I decided to get in a bit early before the 5pm EST market close. I took it...
Silver is about to break out of the channel. Jordan Roy-Byrne, Founder and Editor of The Daily Gold, outlines that the key determinant factor for a real bull market in the gold, silver and the precious metals mining stocks will be when gold decidedly breaks above the S&P 500 on the ratio chart. There are plenty of historical periods one can point to as evidence...
Gold Short Setup , return from key area short.. Supply demand, pattern trading.
PLTR take a long position in daily wedge pattern with reversal rsi trend good luck
NVDA give me a head and shoulders pattern and break the trend line in weekly chart my idea is long position with this risk to riward
QQQ looks bullish, classic C&H on micro time frame - Volume matches pattern 4:1 Profit potential. TQQQ for 3xLeverage= 18%-20% possible profit / 4-5% possible losses ***Be Careful -Negative CPI data on Thursday will cancel any bullish moves - lots of volatility & market manipulation to finish this week Everyone is so Bearish right now.. this is the...
Wait for the triangle level to break or buy at the bottom of the lower side of the triangle
US500 is at resistance now that is being respected for 12 months now. Bears have entered the market now and are applying serious pressure on the index. With FED rate hike weight at site we take this opportunity to enter a quick short eyeing 3900 then IF a break of the inner uptrend occurs continue to 3650. Love, Lacasafxfamily
With larger levels up around 78% 1972 this is a short term look at FXOPEN:XAUUSD with some possible selling today. Its been a massive run up and needs to cool off before the next leg high. Key Time for today is 90mins before the US Open. A rally into this time could see selling for the rest of the day. Keep an eye on the DXY as well. It might be getting close...
Bitcoin hit 20k as I told you in my previous analysis after a clear breakout and retest of Ascending channel. Now the price is testing the key level, where this dump began, and where the market printed the previous HL on the daily timeframe. On the Daily we can spot a clear W pattern, usually, the market wants to retest its neckline. In that case, the neckline is...
What we can see on the chart is a double top pattern. We expect that the price is going to move downwards, once it broke below the neckline you can enter short with a sell limit order. Do not forget to put a stop loss above the double top to protect your capital.
BITSTAMP:ETHUSD Different Chart Patterns highlighted on daily timeframe of BITSTAMP:ETHUSD .