Very time sensitive data about current Bitcoin Dump!(In Persian)BITSTAMP:BTCUSD
BINANCE:BTCUSDT
Hi ,In this video I discuss about the current Dump , potential moves of the price in immediate short-term , symmetrical Triangle Breakout and Wyckoff's accumulation pattern in action.
For more reference check my other videos about this Wyckoff's accumulation pattern :
If you found this video helpful like and leave your opinion about the current situation in a comment and follow me for more!! tnx🤞
Symmetrical Triangle
EUR/JPY Breakout Triangle with Trend!The Euro may be in a downtrend but the Euro Yen has been getting stronger for an entire year!
Part of it in my opinion has to due with the Yen weakening. Now that it has broken above the yearly high I think it will continue higher.
So lets dive in todays lesson on how you could take advantage of trades like this in the future.
(All opinions expressed are for educational purposes and this is not a recommendation to buy or sell.)
Trade Well,
Clifford
ADA/ETH Symmetrical TriangleADA/ETH Pair is forming a Symmetrical Triangle on 4 hr time frame.
A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Symmetrical triangles occur when a crypto-currency price is consolidating in a way that generates two converging trend lines with similar slopes.
Please comment with your opinion and suggestions.Thank You
EURUSD update and waiting for the sell setup to formon DAILY: as expected, price rejected our blue support and traded higher, and it is now retesting our upper green resistance so we will be looking for objective sell setups on lower timeframes as price approaches it.
on H4: we are currently holding a buy after a momentum break above the last swing that formed around our upper red trendline.
on H1: this one is overall bullish forming a channel in orange so we will keep holding our buy from H4, until the price forms a new swing around our lower orange trendline and breaks it downward. then we will close our buy and sell this one.
GBPAUD waiting for the buy setup to formon DAILY: GBPAUD is sitting around a strong support zone in green so we will be looking for objective buy setups on lower timeframes.
on H1: GBPAUD is forming a symmetrical triangle in red but it is not valid yet so we are waiting for a new swing to form around our upper red trendline to consider it objective and enter on its break upward.
we also have a regular bullish divergence adding more confluence to our buy setup.
EURUSD two possible scenarioson DAILY: EURUSD is sitting around support so we will be looking for objective buy setups on lower timeframes
unless EURUSD breaks below our blue support, then a bearish movement would be expected
on H4: EURUSD is currently trading inside our red symmetrical triangle so we have two scenarios:
1- we are waiting for an objective break above the last swing that forms around the upper red trendline to buy
2- or we are waiting for a new swing to form around our lower red trendline to consider it valid and then enter on its break downward. (conservative traders should wait for a break below the blue support before selling)
NZDJPY waiting for the buy setup to formon WEEKLY: NZDJPY is sitting around a strong support zone in green so we will be looking for objective buy setups on lower timeframes.
on H1: NZDJPY is forming a symmetrical triangle in red, so we are waiting for a momentum candle close above the last swing that forms around the upper red trendline to buy.
GOLD UPDATEGOLD broke our symmetrical red triangle upward and traded higher, so we would be overall bullish here until an objective sell setup is activated since price is sitting around a supply zone in green.
waiting for an objective break below our blue trendline or red trendline to sell GOLD long-term.
meanwhile, GOLD is still overall bullish and can still test the upper blue resistance zone before going downward.
GOLD - XAUUSD two possible scenariosGOLD is currently approaching a strong rejection zone in blue 1800-1900 so we will be looking for objective sell setups on lower timeframes.
Keeping in mind that price can still dive in inside our zone before going downward.
On H4: price is currently trading inside our red symmetrical triangle.
scenario 1: waiting for price to break below our lower red trendline objectively to sell (trend-reversal)
scenario 2: waiting for price to break above our upper red trendline objectively to buy (trend-following)
Torrent Pharma - ShortTorrent Pharma forms double top on 1 Hr time frame, also forms symmetrical triangle pattern. If pattern breaks then expecting targets around 2080,2040,2000 and 1950.
Entry range for shorting could be below 2190.
Expecting good R/R ratio.
View invalid if price moves above 2250.
I will be posting complete analysis video soon.
This is for educational purpose only.
Go Pro in a symmetrical triangle Almost ready to breakout! Go pro has been in a symmetrical triangle for a while. Its due for a breakout soon! It could breakout up or down but surly will be a strong breakout. Be patient but feel a short today. looking for a great entry at the bottom symmetrical triangle support. Would be an amazing R-R . Happy trading all!
[BTC-USD] BITCOIN 6% CORRECTION-MUST WATCH! -STOP LOSS FAILED!The purpose of this video is not only to provide a TA on what happened March 13th, but also to describe how dangerous using a Stop Loss limit order can be! My stop loss did trigger but it did not have a chance to insert my order on the books and sell it off. Never insert your stop loss and limit price too tight! If the market has a flash crash or a volatile spike like it did for me last night you will be holding the bags for a while and possibly get screwed it the price does not rebound back to your price area where you bought.
Learn from my mistakes! I will never use Stop loss limit orders from GDAX or any other exchange as long as I live. I will only use limit orders to buy and sell or maybe market orders for quick entry and exit. But with market orders becareful since you can have some slippage as well. Thats why to me Limit orders are the safest. If would have had a limit order i would only have lost 15.00 bucks. Im down about $500 as of this video making. For my sake, I hope BTC does not take any further and I hope the American can lift this market back up today before midnight.
If you enjoyed this video, give me a like and please be careful. This was a life learning lesson for me!
CryptoBuzzAnalyst
[LTCUSD] SYMMETRICAL TRIANGLE -POSSIBLE BREAKOUT- DIRECTION ?Folks, we don't really know which direction will take place! If I knew I would be a millionaire. LTC is in consolidation with a potential to continue in the same bullish trend direction..But its not 100%... Their is a 75% chance it will continue bullish. Two different price targets were set , we need a few candles over this weekend to confirm which direction it may take.
Give me a like and some comments if you enjoyed my video.
Thanks
CrytpoBuzzAnalyst