Shspattern
BTCUSDT 1D Shoulder Head is almost doneBitcoin are performing Shoulder Head Shoulder and almost completed. The target will be on Red box and maximum pain will be to yellow box.
The other technical analysis are descending parallel channel and three drive pattern. They are point the same target about the dump, which is 26K and next target will be 23K-22K
DOW --> Shoulder Head ShoulderHello Traders.
- SHS pattern on daily basis
- Resistance cluster between 35380 - 35600 (a break trough will give price more upside momentum)
I expect a test of the neckline support next week.
Good Trades
ULong
DAX Week ahead. High probability!!!Hello Traders
Here is an idea to trade the German Index next week.
Last Wednesday we saw a break through the neckline. If someone missed this chance to go short, there will be another two chances next week. One at the resistance between 14300 & 14330 and the second at 14200. TP is at 13700 - 13750.
Good Trades!!!
GShort
AUD/USD Shulder-Head-Shoulder formation??AUD/USD is continuing the SHS-pattern.
We could soon see the move upwards, therefore i have added a potential long position.
If we see the move upward i would recommend a profit taking just before the top of the previous shoulder, for safety.
Lets see where this is going, so far it has followed my prediction very well.
BITCOINS chaotic price-action is causing confusionHEy tradomanics,
looking at the previous price-action and momentum of BITCOIN we see a little bit of mixed signals and confusion.
The recent wash-out and so called "flash-crash" is usually a strong indication for stop-loss-fishing and so a very bullish sign.
All combined with an S/H/S-Pattern which should attract more sellers to save profits or to bet on shorts actually less necessary imo.
If all this liquidity got grabbed by bigger players, we should actually see a reversal and so more
BITCOIN with probably 11% Correction!Hey tradomaniacs,
Bitcoins price-action has formed an S/H/S-Pattern which should according to thge textbook cause a healthy 11% correction with the recent breakout if it gets confirmed as soon as the neck-zone gets re-tested.
This correction would be very healthy for the current trend and could give bulls new DIPS to stack positions.
Let`s see what happens :-)
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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EUR/JPY SELL IDEAHey tradomaniacs,
welcome to another free trading-setup.
EUR/JPY: Daytrade-Preparation
Market-Sell: 129.760
Stop-Loss: 130.055
Point of Risk-Reduction: 129.380
Take-Profit: 128.560
Stop-Loss: 30 pips
Risk: 0,5% -1%
Risk-Reward: 4,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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NZDUSD movement for weekly (30 Aug - 06 Sep 2021)Hellooo...My dragon Friends
i see NZDUSD this week willl finished our trend.
and stop for a while at the resistance and make some retracement down,
make right shoulder. wait until confirmation SHS, and wait until break the resistance.
if break, will confirmation inverted SHS pattern
Lets See
Happy Trading
Smart Trading
Money Management
Risk Management
Disclaimer On
DXY [USD Indeks] Movement for weekly (31 Aug - 06 Sep 2021)Hellooo...My Dragon Friends
i see last Week DXY going down, follow powell speech at jackson hole sysmposium.
i see this week, DXY going up, make right shoulder, go to 93.10-20, if break will going more up 94.20 (100 pips)
but if retracement down, will valid make right shoulder and make SHS pattern, wait break neckling for confirmation
DXY will go to 91.35-50
Lets See
Happy Trading
Smart Trading
Money Management
Risk Management
Disclaimer On
GBPJPY movement for Weekly (21-28 August 2021)Hellooo...My Dragon Friends
I see GBPJPY at TF Weekly potential make SHS pattern.
but for short term, RSI and Stocastic, have Bullish Divergence Sign.
SO for Short Term, I see will going up before going down again.
Please see the watchlist at Resistance and support line.
Lets See
Happy Trading
Smart Trading
Money Management
Risk Management
Disclaimer On
BITCOIN is likely to break the SUPPORT at 30k!Hey tradomaniacs,
this analysis doesn`t explain any fundamentals and takes a look at the volume aswell as the price-structutre.
looking at the volume of BITCOIN I expect the support-zone to break soon for a short-term-correction and a trigger of the S/H/S-Pattern in the weekly-chart.
Basically you can see a huge different in terms of absoprtion here in the chart as high volume and volatility seems to dissappear near the support-area.
High volume, volatility and combined with fakeouts, or























